Additional capital will fuel growth and product expansion to meet increasing demand as startups face a shifting economic landscape

SANTA MONICA, Calif., May 7, 2025 /PRNewswire/ — SimpleClosure, the easiest and most trustworthy way to shut down your startup, today announced it has raised $15 million in fresh funding. Led by TTV Capital, the Series A round is a fast follow from its February 2024 seed round and includes participation from existing investors Infinity Ventures, Anthemis, Vera Equity, and new investors The LegalTech Fund and Carta, as well as additional angels. This new infusion of capital brings SimpleClosure’s total funding to more than $20 million at a time when startups are facing delayed IPOs, stalled M&A, and a potential new wave of shutdowns in an uncertain economy.

“The reality is that 90% of startups don’t make it, and shutting down remains the unspoken but necessary part of entrepreneurship. We hope companies never need us, but if they do, we’re here to help them do it the right way,” said Dori Yona, Founder and CEO of SimpleClosure. “Day in and out, our team builds with care, urgency, and a deep belief in the impact of what we are creating. This funding will help us grow faster, build smarter, and deliver even more value to the founders who rely on SimpleClosure when it matters most.”

Startups, VC-backed companies, and businesses of all sizes are facing mounting pressure from a challenging macroeconomic environment. Global trade tensions and renewed tariffs, coupled with rising interest rates and a greater cost of capital, are forcing founders to stretch their runway or focus on critical cost cutting measures. At the same time, amidst a less-friendly IPO environment, mergers and exits are making investors more cautious. Startups are also grappling with valuation resets after raising at inflated levels during recent boom years. This shift toward efficient growth over rapid scaling leaves companies that cannot quickly demonstrate sustainability to rethink their strategy entirely, which often includes shutting down.

SimpleClosure was founded with a simple but critical mission: to transform the painful and bureaucratic dissolution process so founders can focus on their next project. The company’s technology automates regulatory paperwork, legal filings, compliance, and investor communications, leveraging AI agents to bring order and transparency to an otherwise time-consuming and confusing process. By combining fintech, legal tech, and AI, SimpleClosure resolves any remaining obligations with customers, state agencies, and team members on behalf of the dissolving business. To date, more than 1,500 founders from companies of all sizes have wound down their businesses with SimpleClosure.

Since its public launch in September 2023, SimpleClosure has significantly scaled its operating efficiencies to meet growing demand and built out a world class team combining top R&D talent with legal and dissolution experts. 

The new infusion of capital will support the company’s continued growth, including product updates and integrations, to scale the platform and reach more founders and verticals during a time of heightened need. SimpleClosure was recently named to FastCompany’s Most Innovative Companies 2025 and is a winner of the 2024 LegalTech BreakThrough Awards.

“SimpleClosure quickly proved there is high demand for a platform that streamlines company dissolutions, saving businesses both time and money,” said Lizzie Hartley, partner at TTV Capital. “The company’s strong growth over the past year is a testament to the product that Dori and his team have built — one they wish they had when they were winding down their own startups. We are proud to support the SimpleClosure team as they continue to scale the business and meaningfully address the complexities of shutting down a company.”

About SimpleClosure
SimpleClosure was founded with a simple but critical mission: to make a complicated and confusing shutdown process feel like a manageable reality — the unlock founders were looking for. We handle the paperwork, legal filings, and compliance. This is our sole focus, and we make sure it gets done right. Our team of specialists are dedicated to helping founders fast-track their shutdown, so they can focus on the future. To learn more, please visit www.simpleclosure.com. 

Media Contact:
press@simpleclosure.com

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SOURCE SimpleClosure

SAN FRANCISCO, May 7, 2025 /PRNewswire/ — R-Zero, the leading smart building platform, is helping commercial real estate leaders respond to challenges like rising operating costs, shifting occupancy patterns, and growing tenant expectations with a fully integrated solution that combines occupancy-based ventilation control, high-efficiency air filtration, live utilization data, and real-time indoor air quality monitoring.

By uniting these capabilities into a single platform, R-Zero helps commercial real estate owners and operators cut HVAC energy costs by up to 30%, extend equipment life, improve tenant experience, and optimize portfolio performance — all without construction, IT burden, or upfront capital investment.

“Operating costs are on the rise, with energy now accounting for as much as 40% of a building’s expenses — and peak demand charges climbing by up to 25%,” said Jennifer Nuckles, CEO at R-Zero. “At the same time, occupancy patterns are shifting and tenant expectations for comfort are higher than ever. Our integrated platform tackles all three challenges, helping commercial real estate leaders — from asset managers to property managers to facilities teams — cut costs, and ultimately, protect net operating income and portfolio value.”

A Smarter, Integrated Approach to Building Efficiency
Traditional static building operations waste energy, strain aging HVAC systems, and leave owners guessing about tenant satisfaction. R-Zero’s platform modernizes operations by combining:

Occupancy-Based Demand Control Ventilation (O-DCV): Dynamic, real-time ventilation that adjusts airflow based on actual space usage.High-Efficiency Filtration: Smart filters that reduce HVAC fan energy by up to 15% and last 2-3X longer than conventional filters.Actionable Analytics: Live utilization insights by floor, suite, and tenant help property teams reduce churn risk and plan smarter leasing and capital improvements.Continuous Indoor Air Quality Monitoring: Real-time visibility into CO₂, particulate matter, humidity, and temperature levels — giving facilities teams the proof and tools needed to ensure comfortable and compliant environments.

Unlock Operational Savings with O-DCV: In our latest white paper, “Occupancy-Based Demand Control Ventilation: Drive Energy Savings with Smarter Ventilation,” we highlight how integrating dynamic ventilation controls with real-time occupancy data enables properties to achieve fast, measurable operational improvements while supporting energy efficiency. Download the white paper here to learn more.

Designed for Fast, Risk-Free Deployment
R-Zero’s solution fits seamlessly into existing building operations without the need for major retrofits. Key advantages include:

Shared savings model: No upfront costs; customers pay only from verified energy savings.Easy integration: Wireless sensors, BACnet/IP connectivity, and on-premises data control to fit any building and IT environment.

About R-Zero
R-Zero delivers a smart building platform that reduces operational costs, modernizes real estate portfolios, and drives tenant intelligence—without capital investment, operational budget commitments or added burden to staff.

Our shared savings model makes implementation effortless and risk-free. Real-time occupancy data optimizes ventilation, delivering fresh air where people need it and turning it down in empty rooms and floors. Combined with high-efficiency filtration, these intelligent adjustments cut HVAC energy use by up to 30% while improving comfort and air quality, verified by R-Zero air quality sensors. Our platform also delivers real-time insights into tenant and suite utilization, helping property teams predict lease renewals, reduce vacancy risks, and optimize capital improvements. Learn more at www.rzero.com.

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SOURCE R-Zero

Second annual India event to spotlight developer innovation and cloud native leadership

HYDERABAD, India, May 7, 2025 /PRNewswire/ — The Cloud Native Computing Foundation (CNCF), which builds sustainable ecosystems for cloud-native software, today announced the keynote speakers and conference sessions for KubeCon + CloudNativeCon India 2025. The event, scheduled for 6-7 August, 2025 in Hyderabad, will bring together adopters and technologists from leading open source and cloud native communities.

The schedule for KubeCon + CloudNativeCon India was curated by co-chairs Atulpriya Sharma of InfraCloud Technologies and Bhavani Indukuri of Zscaler, who led a program committee of 55 community members. Together, they developed a compelling program that includes 57 sessions, keynotes, lightning talks, and breakout sessions, as well as 13 CNCF project maintainer-hosted sessions.

“India is a growing hub of cloud native talent and we’re excited to bring the ecosystem together again for the second annual KubeCon + CloudNativeCon India to share knowledge,” said Chris Aniszczyk, CTO of CNCF. “This year’s lineup reflects the community’s momentum as the fourth largest regional contributor to CNCF projects and offers real business value for organizations looking to scale developer velocity, optimize cloud infrastructure, and stay competitive in a rapidly evolving market.”

The community-curated schedule will include talks from diverse community members, including:

Sovereign Kubernetes at Adobe: Navigating Trust, Security & Compliance Across Jurisdictions – Amandeep Singh, Adobe

Auto-instrumentation for GPU Performance Using eBPF – Marc Tudurí, Grafana Labs

IDP as a Product: Where Developer Happiness Meets Platform’s Excellence – Ninad Desai & Ruturaj Kadikar, InfraCloud Technologies

Cluster API To Streamline Kubernetes Clusters Lifecycle Management at NVIDIA – Megha Singhal & Gulshan Khatri, NVIDIA

Fine-Grained Authorization: The Missing Piece in Agentic AI Security – Shivay Lamba, Couchbase & Ashish Jha, Okta

Children’s Guide To LLMs on Kubernetes – Saloni Narang, Kubesimplify & Amandeep Singh, PayPal

Scaling Generative AI: Building Production-Ready LLM Applications – Daniel Oh, Red Hat

Please visit the schedule for the full KubeCon + CloudNativeCon India 2025 agenda.

Sponsorships

Companies interested in sponsoring KubeCon + CloudNativeCon India should submit a request to sponsor@cncf.io by Friday, 27 June. View the sponsorship prospectus.

Dan Kohn Scholarship Program

The Dan Kohn Scholarship applications for KubeCon + CloudNativeCon India are due Sunday, 15 June, (11:59 PM PST/12:29 PM IST).

Registration

Standard registration for KubeCon + CloudNativeCon India is available until Wednesday, 25 June, 11:59 PM IST.

Thank You to Our Sponsors

KubeCon + CloudNativeCon India is made possible with support from sponsors.

Platinum sponsors include: Arm, CAST AI, GitHub, and Nutanix.

Additional Resources

CNCF Newsletter

CNCF Twitter

CNCF Website

Learn About CNCF Membership

Learn About the CNCF End User Community

About Cloud Native Computing Foundation
Cloud native computing empowers organizations to build and run scalable applications with an open-source software stack across public, private, and hybrid clouds. The CNCF hosts critical components of global technology infrastructure, including Kubernetes, Prometheus, and Envoy, bringing together top developers, end users, and vendors. Supported by over 800 members, including the world’s largest technology companies and over 200 innovative startups, CNCF is part of the nonprofit Linux Foundation. For more information, visit www.cncf.io.

The Linux Foundation has registered trademarks and uses trademarks. For a list of trademarks of The Linux Foundation, please see our trademark usage page. Linux is a registered trademark of Linus Torvalds.

Media Contact
Kaitlin Thornhill
The Linux Foundation
pr@cncf.io

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SOURCE Cloud Native Computing Foundation