Author Archives: Ingrid Lunden

Styra, the startup behind Open Policy Agent, nabs $40M to expand its cloud-native authorization tools

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As cloud-native apps continue to become increasingly central to how organizations operate, a startup founded by the creators of a popular open-source tool to manage authorization for cloud-native application environments is announcing some funding to expand its efforts at commercializing the opportunity. Styra, the startup behind Open Policy Agent, has picked up $40 million in […] Continue reading Styra, the startup behind Open Policy Agent, nabs $40M to expand its cloud-native authorization tools→

Artificial raises $21M led by Microsoft’s M12 for a lab automation platform aimed at life sciences R&D

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Automation is extending into every aspect of how organizations get work done, and today comes news of a startup that is building tools for one industry in particular: life sciences. Artificial, which has built a software platform for laboratories to assist with, or in some cases fully automate, research and development work, has raised $21.5 […] Continue reading Artificial raises $21M led by Microsoft’s M12 for a lab automation platform aimed at life sciences R&D→

Ahead of Dell’s spin out, VMware appoints longtime exec Raghu Raghuram as its new CEO

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Five months after it was announced that Pal Gelsinger would be stepping down as CEO of VMware to take the top job at Intel, the virtualization giant has finally appointed a permanent successor. Raghu Raghuram — a longtime employee of the company — has been appointed the new CEO. He will be taking on the […] Continue reading Ahead of Dell’s spin out, VMware appoints longtime exec Raghu Raghuram as its new CEO→

SightCall raises $42M for its AR-based visual assistance platform

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Long before Covid-19 precipitated “digital transformation” across the world of work, customer services and support was built to run online and virtually. Yet it too is undergoing an evolution supercharged by technology. Today, a startup called SightCall, which has built an augmented reality platform to help field service teams, the companies they work for, and […] Continue reading SightCall raises $42M for its AR-based visual assistance platform→

Zencargo raises $42M to expand its digital-first freight forwarding platform internationally

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While consumers and businesses continue to use their purchasing power to spin the wheels of the globalized economy, one of the companies that’s built a technology platform to help that economy operate more smoothly is announcing an investment to double down on growth. Zencargo, which has built a digital platform to enable freight forwarding — […] Continue reading Zencargo raises $42M to expand its digital-first freight forwarding platform internationally→

Shift Technology raises $220M at a $1B+ valuation to fight insurance fraud with AI

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While insurance providers continue to get disrupted by startups like Lemonade, Alan, Clearcover, Pie and many others applying tech to rethink how to build a business around helping people and companies mitigate against risks with some financial security, one issue that has not disappeared is fraud. Today, a startup out of France is announcing some […] Continue reading Shift Technology raises $220M at a $1B+ valuation to fight insurance fraud with AI→

Cymulate nabs $45M to test and improve cybersecurity defenses via attack simulations

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With cybercrime on course to be a $6 trillion problem this year, organizations are throwing ever more resources at the issue to avoid being a target. Now, a startup that’s built a platform to help them stress-test the investments that they have made into their security IT is announcing some funding on the back of […] Continue reading Cymulate nabs $45M to test and improve cybersecurity defenses via attack simulations→

IBM is acquiring cloud app and network management firm Turbonomic for up to $2B

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IBM today made another acquisition to deepen its reach into providing enterprises with AI-based services to manage their networks and workloads. It announced that it is acquiring Turbonomic, a company that provides tools to manage application performance (specifically resource management), along with Kubernetes and network performance — part of its bigger strategy to bring more […] Continue reading IBM is acquiring cloud app and network management firm Turbonomic for up to $2B→

Vectra AI picks up $130M at a $1.2B valuation for its network approach to threat detection and response

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Cybersecurity nightmares like the SolarWinds hack highlight how malicious hackers continue to exploit vulnerabilities in software and apps to do their dirty work. Today a startup that’s built a platform to help organizations protect themselves from this by running threat detection and response at the network level is announcing a big round of funding to […] Continue reading Vectra AI picks up $130M at a $1.2B valuation for its network approach to threat detection and response→

RapidDeploy raises $29M for a cloud-based dispatch platform aimed at 911 centers

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The last year of pandemic living has been real-world, and sometimes harrowing, proof of how important it can be to have efficient and well-equipped emergency response services in place. They can help people remotely if need be, and when they cannot, they make sure that in-person help can be dispatched quickly in medical and other […] Continue reading RapidDeploy raises $29M for a cloud-based dispatch platform aimed at 911 centers→