Bodo.ai secures $14M, aims to make Python better at handling large-scale data

Bodo.ai, a parallel compute platform for data workloads, is developing a compiler to make Python portable and efficient across multiple hardware platforms. Continue reading Bodo.ai secures $14M, aims to make Python better at handling large-scale data

SiMa.ai announces $30M Series A to build out lower-power edge chip solution

Krishna Rangasayee, founder and CEO, at SiMa.ai, has 30 years of experience in the semiconductor industry. He decided to put that experience to work in a startup and launched SiMa.ai last year with the goal of building an ultra low-power software and chip solution for machine learning at the edge. Today he announced a $30 […] Continue reading SiMa.ai announces $30M Series A to build out lower-power edge chip solution

As private investment cools, enterprise startups may try tapping corporate dollars

Founders hunting down capital in the middle of this pandemic may feel like they’re on a fool’s errand, but some investors are still offering financing, even if the terms might not be as good as they once were. One avenue that appears to remain open: corporate venture capital. The corporate route offers its own set […] Continue reading As private investment cools, enterprise startups may try tapping corporate dollars

Humio announces $20M Series B to advance unlimited logging tool

Humio, a startup that has built a modern unlimited logging solution, announced a $20 million Series B investment today. Dell Technologies Capital led the round with participation from previous investor Accel. Today’s investment brings the total raised to $32 million, according to the company. Humio co-founder and CEO Geeta Schmidt says the startup wanted to […] Continue reading Humio announces $20M Series B to advance unlimited logging tool

Where top VCs are investing in open source and dev tools (Part 1 of 2)

The once-polarizing world of open-source software has recently become one of the hotter destinations for VCs. As the popularity of open source increases among organizations and developers, startups in the space have reached new heights and monstrous valuations. Over the past several years, we’ve seen surging open-source companies like Databricks reach unicorn status, as well […] Continue reading Where top VCs are investing in open source and dev tools (Part 1 of 2)

Three of Apple and Google’s former star chip designers launch NUVIA with $53M in series A funding

Silicon is apparently the new gold these days, or so VCs hope. What was once a no-go zone for venture investors, who feared the long development lead times and high technical risk required for new entrants in the semiconductor field, has now turned into one of the hottest investment areas for enterprise and data VCs. […] Continue reading Three of Apple and Google’s former star chip designers launch NUVIA with $53M in series A funding

Sumo Logic acquires JASK to fill security operations gap

Sumo Logic, a mature security event management startup with a valuation over $1 billion, announced today that it has acquired JASK, a security operations startup that raised almost $40 million. The companies did not share the terms of the deal. Sumo’s CEO Ramin Sayar, says that the combined companies give customers a complete security solution. […] Continue reading Sumo Logic acquires JASK to fill security operations gap

Remediant lands $15M Series A to disrupt privileged access security

Remediant, a startup that helps companies secure privileged access in a modern context, today announced a $15 million Series A led by Dell Technologies Capital and ForgePoint Capital. Remediant’s co-founders, Paul Lanzi and Tim Keeler, worked in biotech for years and saw a problem first-hand with the way companies secured privileged access. It was granted […] Continue reading Remediant lands $15M Series A to disrupt privileged access security

Last chance for early-bird tickets to TC Sessions: Enterprise 2019

It’s down to the wire folks. Today’s the last day you can save $100 on your ticket to TC Sessions: Enterprise 2019, which takes place on September 5 at the Yerba Buena Center in San Francisco. The deadline expires in mere hours — at 11:59 p.m. (PT). Get the best possible price and buy your early-bird ticket […] Continue reading Last chance for early-bird tickets to TC Sessions: Enterprise 2019

Redis Labs raises a $60M Series E round

Redis Labs, a startup that offers commercial services around the Redis in-memory data store (and which counts Redis creator and lead developer Salvatore Sanfilippo among its employees), today announced that it has raised a $60 million Series E funding round led by private equity firm Francisco Partners. The firm didn’t participate in any of Redis […] Continue reading Redis Labs raises a $60M Series E round