糖心视频

Here’s what you need to know today in startup and venture news, updated by the Crunchbase News staff throughout the day to keep you in the know.

Subscribe to the Crunchbase Daily

WSO2 raised $90M for low-code software

, a low-code software maker,聽 announced that it raised $90 million from .

CEO said in the funding announcement that the company was conceived 16 years ago with the goal of building “the world鈥檚 best open-source software company based out of Sri Lanka.” Today, he said, the company has 800+ customers in 85 countries. It employs over 800 people in Sri Lanka and also has a presence in the U.S., U.K., Brazil, Australia, Germany, Dubai and India.

— Joanna Glasner

Spotify acquires Findaway

Music streaming platform is acquiring Ohio-based , a digital audiobook distributor, for an undisclosed sum. Spotify characterized the deal as a strategic move to accelerate its entry into the rapidly growing audiobook industry.

Public offerings

Embark completes SPAC merger: , a developer of autonomous technology for the trucking industry, announced it has completed its previously announced merger with a SPAC, Northern Genesis Acquisition Corp. II. The combined company has been renamed 鈥淓mbark Technology” and has commenced trading on Nasdaq under the ticker symbol EMBK.

— Joanna Glasner

Illustration: