Darwinium Raises $18 Million for Edge-based Fraud Prevention Tech

Since launching in 2021, Darwinium has raised $26 million to build a bot and fraud prevention platform running on the perimeter edge.
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HiddenLayer Raises Hefty $50M Round for AI Security Tech

Texas startup attracts major investor interest to build an MLMDR (machine learning detection and response) technology.
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Intel Capital Bets on Zenity for Low-Code/No-Code Security

Israeli security startup Zenity banks $16.5 million in new venture capital funding to work on ‘low-code/no-code’ security technology.
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Forgepoint Capital Places $20M Series A Bet on Converge Insurance

Forgepoint Capital makes another investment in the cyber-insurance sector with a $15 million Series A investment in Converge Insurance.
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Fractory raises $9M to rethink the manufacturing supply chain for metalworks

The manufacturing industry took a hard hit from the Covid-19 pandemic, but there are signs of how it is slowly starting to come back into shape — helped in part by new efforts to make factories more responsive to the fluctuations in demand that come with the ups and downs of grappling with the shifting […] Continue reading Fractory raises $9M to rethink the manufacturing supply chain for metalworks

OctoML raises $28M Series B for its machine learning acceleration platform

OctoML, a Seattle-based startup that offers a machine learning acceleration platform build on top of the open-source Apache TVM compiler framework project, today announced that it has raised a $28 million Series B funding round led by Addition Captial. Previous investors Madrona Venture Group and Amplify Partners also participated in this round, which brings the […] Continue reading OctoML raises $28M Series B for its machine learning acceleration platform

MixMode Raises $4 Million in Series A Round Led by Entrada Ventures

Today we announced the completion of our Series A round of funding, raising a total of $4 million led by Entrada Ventures. The round included participation from existing investors including Keshif Ventures and Blu Venture Investors. The new funding wil… Continue reading MixMode Raises $4 Million in Series A Round Led by Entrada Ventures

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

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’

India’s Fyle bags $4.5M to expand its expense management platform in US, other international markets

Fyle, a Bangalore-headquartered startup that operates an expense management platform, has extended its previous financing round to add $4.5 million of new investment as it looks to court more clients in overseas markets. The additional $4.5 million tranche of investment was led by U.S.-based hedge fund Steadview Capital, the startup said. Tiger Global, Freshworks, and […] Continue reading India’s Fyle bags $4.5M to expand its expense management platform in US, other international markets