Author Archives: Catherine Shu

Cloud infrastructure startup CloudNatix gets $4.5 million seed round led by DNX Ventures

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CloudNatix, a startup that provides infrastructure for businesses with multiple cloud and on-premise operations, announced it has raised $4.5 million in seed funding. The round was led by DNX Ventures, an investment firm that focuses on United States and Japanese B2B startups, with participation from Cota Capital. Existing investors Incubate Fund, Vela Partners and 468 […] Continue reading Cloud infrastructure startup CloudNatix gets $4.5 million seed round led by DNX Ventures→

PingCAP, the open-source developer behind TiDB, closes $270 million Series D

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PingCAP, the open-source software developer best known for NewSQL database TiDB, has raised a $270 million Series D. TiDB handles hybrid transactional and analytical processing (HTAP), and is aimed at high-growth companies, including payment and e-commerce services, that need to handle increasingly large amounts of data. The round’s lead investors were GGV Capital, Access Technology […] Continue reading PingCAP, the open-source developer behind TiDB, closes $270 million Series D→

Warren gets $1.4 million to help local cloud infrastructure providers compete against Amazon and other giants

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Started as a side project by its founders, Warren is now helping regional cloud infrastructure service providers compete against Amazon, Microsoft, IBM, Google and other tech giants. Based in Tallinn, Estonia, Warren’s self-service distributed cloud platform is gaining traction in Southeast Asia, one of the world’s fastest-growing cloud service markets, and Europe. It recently closed […] Continue reading Warren gets $1.4 million to help local cloud infrastructure providers compete against Amazon and other giants→

Intel agrees to sell its NAND business to SK Hynix for $9 billion

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SK Hynix, one of the world’s largest chip makers, announced today it will pay $9 billion for Intel’s flash memory business. Intel said it will use proceeds from the deal to focus on artificial intelligence, 5G and edge computing. “For Intel, this transaction will allow us to to further prioritize our investments in differentiated technology […] Continue reading Intel agrees to sell its NAND business to SK Hynix for $9 billion→

Application security platform NeuraLegion raises $4.7 million seed led by DNX Ventures

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Application security platform NeuraLegion announced today it has raised a $4.7 million seed round led by DNX Ventures, an enterprise-focused investment firm. The funding included participation from Fusion Fund, J-Ventures and Incubate Fund. The startup also announced the launch of a new self-serve, community version that allows developers to sign up on their own for […] Continue reading Application security platform NeuraLegion raises $4.7 million seed led by DNX Ventures→

Melbourne-based CI/CD platform Buildkite gets $28 million AUD Series A led by OpenView

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Buildkite, a Melbourne-based company that provides a hybrid continuous integration and continuous delivery (CI/CD) platform for software developers, announced today that it has raised AUD $28 million (about USD $20.2 million) in Series A funding, bring its valuation to more than AUD $200 million (about USD $145 million). The funding was led by OpenView, an […] Continue reading Melbourne-based CI/CD platform Buildkite gets $28 million AUD Series A led by OpenView→

Hevo draws in $8 million Series A for its no-code data pipeline service

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According to data pipeline startup Hevo, many small- to medium-sized companies juggle more than 40 different applications to manage sales, marketing, finance, customer support and other operations. All of these applications are important sources of data that can be analyzed to improve a company’s performance. That data often remains separate, however, making it difficult for […] Continue reading Hevo draws in $8 million Series A for its no-code data pipeline service→

Placer.ai, a location data analytics startup, raises $12 million Series A

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Placer.ai, a startup that analyzes location and foot traffic analytics for retailers and other businesses, announced today that it has closed a $12 million Series A. The round was led by JBV Capital, with participation from investors including Aleph, Reciprocal Ventures and OCA Ventures. The funding will be used on research and development of new […] Continue reading Placer.ai, a location data analytics startup, raises $12 million Series A→

Edge computing startup Pensando comes out of stealth mode with a total of $278 million in funding

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Pensando, an edge computing startup founded by former Cisco engineers, came out of stealth mode today with an announcement that it has raised a $145 million Series C. The company’s software and hardware technology, created to give data centers more of the flexibility of cloud computing servers, is being positioned as a competitor to Amazon […] Continue reading Edge computing startup Pensando comes out of stealth mode with a total of $278 million in funding→

Alibaba unveils Hanguang 800, an AI inference chip it says significantly increases the speed of machine learning tasks

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Alibaba Group introduced its first AI inference chip today, a neural processing unit called Hanguang 800 that it says makes performing machine learning tasks dramatically faster and more energy-efficient. The chip, announced today during Alibaba Cloud’s annual Apsara Computing Conference in Hangzhou, is already being used to power features on Alibaba’s e-commerce sites, including product […] Continue reading Alibaba unveils Hanguang 800, an AI inference chip it says significantly increases the speed of machine learning tasks→