Author Archives: Ingrid Lunden

Eigen nabs $37M to help banks and others parse huge documents using natural language and ‘small data’

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One of the bigger trends in enterprise software has been the emergence of startups building tools to make the benefits of artificial intelligence technology more accessible to non-tech companies. Today, one that has built a platform to apply power of machine learning and natural language processing to massive documents of unstructured data has closed a […] Continue reading Eigen nabs $37M to help banks and others parse huge documents using natural language and ‘small data’→

Messaging app Wire confirms $8.2M raise, responds to privacy concerns after moving holding company to the US

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Big changes are afoot for Wire, an enterprise-focused end-to-end encrypted messaging app and service that advertises itself as “the most secure collaboration platform”. In February, Wire quietly raised $8.2 million from Morpheus Ventures and others, we’ve confirmed — the first funding amount it has ever disclosed — and alongside that external financing, it moved its […] Continue reading Messaging app Wire confirms $8.2M raise, responds to privacy concerns after moving holding company to the US→

Coveo raises $227M at $1B+ valuation for AI-based enterprise search and personalization

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Search and personalization services continue to be a major area of investment among enterprises, both to make their products and services more discoverable (and used) by customers, and to help their own workers get their jobs done, with the market estimated to be worth some $100 billion annually. Today, one of the big startups building […] Continue reading Coveo raises $227M at $1B+ valuation for AI-based enterprise search and personalization→

WeFarm rakes in $13M to grow its marketplace and network for independent farmers

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Huge networks like Facebook and LinkedIn have a huge gravitational force in the world of social media — the size of their audiences make them important platforms for advertising and those who want information (for better or worse) to reach as many people as possible. But alongside their growth, we’re seeing a lasting role for […] Continue reading WeFarm rakes in $13M to grow its marketplace and network for independent farmers→

Aurora Insight emerges from stealth with $18M and a new take on measuring wireless spectrum

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Aurora Insight, a startup that provides a “dynamic” global map of wireless connectivity that it built and monitors in real time using AI combined with data from sensors on satellites, vehicles, buildings, aircraft and other objects, is emerging from stealth today with the launch of its first publicly-available product, a platform providing insights on wireless […] Continue reading Aurora Insight emerges from stealth with $18M and a new take on measuring wireless spectrum→

Descartes Labs snaps up $20M more for its AI-based geospatial imagery analytics platform

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Satellite imagery holds a wealth of information that could be useful for industries, science and humanitarian causes, but one big and persistent challenge with it has been a lack of effective ways to tap that disparate data for specific ends. That’s created a demand for better analytics, and now, one of the startups that has […] Continue reading Descartes Labs snaps up $20M more for its AI-based geospatial imagery analytics platform→

Facebook’s Workplace hits 3M paying users, launches Portal app in a wider push for video

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The rapid rise of Slack — which has recently broken the 100,000 mark for paying businesses using its service — has ushered in a rush of competition from other companies across the worlds of social media and enterprise software, all aiming to become the go-to conversation layer for businesses. Today, Workplace, Facebook’s effort in that […] Continue reading Facebook’s Workplace hits 3M paying users, launches Portal app in a wider push for video→

Forward Networks raises $35M to help enterprises map, track, and predict their networks’ behavior

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Security breaches and other activity that causes network surges and outages are all on the rise in the enterprise, and today, a startup called Forward Networks, which has built a clever way to help businesses monitor their network traffic to identify when things are going wrong, has raised a round of $35 million to continue […] Continue reading Forward Networks raises $35M to help enterprises map, track, and predict their networks’ behavior→

Snaplogic raises $72M more for its enterprise data integration platform

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Cloud services and the adoption of apps that rely on them are continue to grow in popularity, but a persistent theme in enterprise technology has been that a lot of organizations still continue to use legacy software and architectures, for reasons of cost, migration headaches and simply because sometimes, if it ain’t broke, don’t fix […] Continue reading Snaplogic raises $72M more for its enterprise data integration platform→

Tipalti collects $76M from Twitter alums’ 01 Advisors and more for its AI-based accounts payable solution

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Accounting is one of the cornerstones to building a business, but for most companies, getting it right is more of a necessity than it is one of their core competencies. That has created a vacuum, and now, a company called Tipalti — which has developed a popular solution to automate accounting for businesses that are not […] Continue reading Tipalti collects $76M from Twitter alums’ 01 Advisors and more for its AI-based accounts payable solution→