Author Archives: Ingrid Lunden

Intel acquires SigOpt, a specialist in modeling optimization, to boost its AI business

Posted on by

Intel has been doubling down on building chips and related architecture for the next generation of computing, and today it announced an acquisition that will bolster its expertise and work specifically in one area of future technology: artificial intelligence. The semiconductor giant today announced that it has acquired SigOpt, a startup out of San Francisco […] Continue reading Intel acquires SigOpt, a specialist in modeling optimization, to boost its AI business→

SimilarWeb raises $120M for its AI-based market intelligence platform for sites and apps

Posted on by

Israeli startup SimilarWeb has made a name for itself with an AI-based platform that lets sites and apps track and understand traffic not just on their own sites, but those of its competitors. Now, it’s taking the next step in its growth. The startup has raised $120 million, funding it will use to continue expanding […] Continue reading SimilarWeb raises $120M for its AI-based market intelligence platform for sites and apps→

Facebook adds hosting, shopping features, and pricing tiers to WhatsApp Business

Posted on by

Facebook has been making a big play to be a go-to partner for small and medium businesses that use the internet to interface with the wider world, and its messaging platform WhatsApp, with some 50 million businesses and 175 million people messaging them (and more than 2 billion users overall), has been a central part […] Continue reading Facebook adds hosting, shopping features, and pricing tiers to WhatsApp Business→

Dublin’s LearnUpon raises $56M for its online learning management system for enterprises

Posted on by

One big technology by-product of the Covid-19 pandemic has been a much stronger focus on online education solutions — providing the tools for students to continue learning when the public health situation is preventing them from going into physical classrooms. As it happens, that paradigm also applies to the business world. Today, a startup out […] Continue reading Dublin’s LearnUpon raises $56M for its online learning management system for enterprises→

Headroom, which uses AI to supercharge videoconferencing, raises $5M

Posted on by

Videoconferencing has become a cornerstone of how many of us work these days — so much so that one leading service, Zoom, has graduated into verb status because of how much it’s getting used. But does that mean videoconferencing works as well as it should? Today, a new startup called Headroom is coming out of […] Continue reading Headroom, which uses AI to supercharge videoconferencing, raises $5M→

IBM plans to spin off infrastructure services as a separate $19B business

Posted on by

IBM, a company that originally made its name out of its leadership in building a myriad of enterprise hardware (quite literally: its name is an abbreviation for International Business Machines), is taking one more step away from that legacy and deeper into the world of cloud services. The company today announced that it plans to […] Continue reading IBM plans to spin off infrastructure services as a separate $19B business→

Tipalti receives $150M at a $2B+ valuation after its accounts payable platform sees a surge in use

Posted on by

Digital transformation has been one of the big enterprise themes of 2020: organizations are doubling down on cloud services both to link up suddenly remote teams and centralize apps, documents and data in a more efficient way. Today, one of the startups that has filled out that story with a cloud-based suite of accounting services […] Continue reading Tipalti receives $150M at a $2B+ valuation after its accounts payable platform sees a surge in use→

As it closes in on ARM, Nvidia announces UK supercomputer dedicated to medical research

Posted on by

As Nvidia continues to work through its deal to acquire ARM for $40 billion from SoftBank, the computing giant is making another big move to lay out its commitment to investing in UK technology. Today the company announced plans to develop Cambridge-1, a new AI supercomputer that will be used for research in the health […] Continue reading As it closes in on ARM, Nvidia announces UK supercomputer dedicated to medical research→

GrubMarket raises $60M at a $500M+ valuation as food delivery stays center stage

Posted on by

Companies that have leveraged technology to make the procurement and delivery of food more accessible to more people have been seeing a big surge of business this year, as millions of consumers are encouraged (or outright mandated, due to Covid-19) to socially distance or want to avoid the crowds of physical shopping and eating excursions. […] Continue reading GrubMarket raises $60M at a $500M+ valuation as food delivery stays center stage→

Cisco acquires PortShift to raise its game in DevOps and Kubernetes security

Posted on by

Cisco is making another acquisition to expand its reach in security solutions, this time specifically targeting DevOps and the world of container management. It is acquiring PortShift, an Israeli startup that has built a Kubernetes-native security platform. Terms of the deal are not being disclosed. PortShift had raised about $5.3 million from Team8, an incubator […] Continue reading Cisco acquires PortShift to raise its game in DevOps and Kubernetes security→