Author Archives: Ingrid Lunden

Databand raises $14.5M led by Accel for its data pipeline observability tools

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DevOps continues to get a lot of attention as a wave of companies develop more sophisticated tools to help developers manage increasingly complex architectures and workloads. In the latest development, Databand — an AI-based observability platform for data pipelines, specifically to detect when something is going wrong with a datasource when an engineer is using […] Continue reading Databand raises $14.5M led by Accel for its data pipeline observability tools→

ServiceNow is acquiring Element AI, the Canadian startup building AI services for enterprises

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ServiceNow, the cloud-based IT services company, is making a significant acquisition today to fill out its longer-term strategy to be a big player in the worlds of automation and artificial intelligence for enterprises. It is acquiring Element AI, a startup out of Canada. Founded by AI pioneers and backed by some of the world’s biggest […] Continue reading ServiceNow is acquiring Element AI, the Canadian startup building AI services for enterprises→

Industrial drone maker Percepto raises $45M and integrates with Boston Dynamics’ Spot

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Consumer drones have over the years struggled with an image of being no more than expensive and delicate toys. But applications in industrial, military and enterprise scenarios have shown that there is indeed a market for unmanned aerial vehicles, and today, a startup that makes drones for some of those latter purposes is announcing a […] Continue reading Industrial drone maker Percepto raises $45M and integrates with Boston Dynamics’ Spot→

Harbr raises $38.5M to help enterprises exchange and share big data troves securely

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Organizations today are sitting on mountains of data that they amass and use in their own businesses, but many are also looking to share those troves with other parties to expand their prospects — a model that comes with challenges (privacy and data protection being two key ones); and, these days (due to Covid-19 and […] Continue reading Harbr raises $38.5M to help enterprises exchange and share big data troves securely→

SentinelOne, an AI-based endpoint security firm, confirms $267M raise on a $3.1B valuation

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This year, more than ever before because of the Covid-19 pandemic, huge droves of workers and consumers have been turning to the internet to communicate, get things done, and entertain themselves. That has created a huge bonanza for cybercriminals, but also companies that are building tools to combat them. In the latest development, an Israel-hatched, […] Continue reading SentinelOne, an AI-based endpoint security firm, confirms $267M raise on a $3.1B valuation→

Cellwize raises $32M to help carriers and their partners adopt and run 5G services

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As 5G slowly moves from being a theoretical to an active part of the coverage map for the mobile industry — if not for consumers themselves — companies that are helping carriers make the migration less painful and less costly are seeing a boost of attention. In the latest development, Cellwize, a startup that’s built […] Continue reading Cellwize raises $32M to help carriers and their partners adopt and run 5G services→

Ushur raises $25M for its no-code platform to build customer communication flows

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No-code is the name of the game in enterprise software, and today a startup called Ushur that has built a platform for any business to create its own AI-based customer communication flows with no coding required is announcing some funding to help fuel its growth. The startup has picked up $25 million in a Series […] Continue reading Ushur raises $25M for its no-code platform to build customer communication flows→

Ayar raises $35M for optical interconnect tech to overcome computing bottlenecks in the CPU

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The race is on to build more efficient chip technology for faster and less power-intensive computing, and today an innovative startup that’s built one solution based on in-package optical interconnect (optical I/O) technology is announcing a round of growth funding from a number of strategic investors that speaks to how its approach is getting traction. […] Continue reading Ayar raises $35M for optical interconnect tech to overcome computing bottlenecks in the CPU→

Intel has acquired Cnvrg.io, a platform to manage, build and automate machine learning

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Intel continues to snap up startups to build out its machine learning and AI operations. In the latest move, TechCrunch has learned that the chip giant has acquired Cnvrg.io, an Israeli company that has built and operates a platform for data scientists to build and run machine learning models, which can be used to train […] Continue reading Intel has acquired Cnvrg.io, a platform to manage, build and automate machine learning→

Udacity raises $75M in debt, says its tech education business is profitable after enterprise pivot

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Online education tools continue to see a surge of interest boosted by major changes in work and learning practices in the midst of a global health pandemic. And today, one of the early pioneers of the medium is announcing some funding as it tips into profitability on the back of a pivot to enterprise services, […] Continue reading Udacity raises $75M in debt, says its tech education business is profitable after enterprise pivot→