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

Funding and M&A News – Enterprise Security Weekly #128

    Paul and Matt discuss some Funding and M&A, such as Elevate Security announces an $8 million series A to alter employee security behavior, Armorblox raises 16.5 million in series A, Bandura Cyber raises 10 million in venture funding, and much m… Continue reading Funding and M&A News – Enterprise Security Weekly #128

Medigate raises $15 million Series A for medical device security

Medigate, a startup that offers cybersecurity services specific to medical devices, has raised $15 million in Series A funding, the company announced Tuesday. Medigate provides a platform that is meant to identify medical devices on a network, fingerprint them then monitor those devices for suspicious behavior. Mecical devices need specialized security attention that is not satisfied with broader forms of internet of things security, according to Medigate CEO Jonathan Langer. “For medical devices, general IoT security falls short,” Langer told CyberScoop in an email. “The uniqueness of the devices, the sheer volume of different types of devices and the complexity of clinical networks is daunting. The ability to find and secure devices, from MRIs to glucose meters and to alert a hospital of anomalies requires security that understands clinical networks.” The company says the platform considers not just basic indicators like IP addresses, but also context such as the device’s model and purpose. […]

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Automox raises $9.3 million in Series A for automated patch management

Automox, a startup that provides an automated patching service, brought in $9.3 million in its Series A funding round, the company announced Tuesday. The Boulder, Colorado, company’s platform helps enterprises manage and patch the various devices and programs that run on their networks. It comes with tools that give visibility into systems and allow users to automate patching. Automox says that it serves a diverse set of customers, including Greyhound Lines, Hootsuite, NASA, Quicken,Yale University, Xerox and Dollar Shave Club. “At the heart of every corporate cyber practice are two basic questions: are all of my systems and software patched and up to date, and are those systems configured and maintained correctly?” said Automox CEO Jay Prassl, in a press release. “Imagine eliminating all those issues for corporations and organizations of every size. That is exactly what we are doing at Automox through our automated cloud platform.” TechOperators led the funding round, with […]

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Leadership Articles – Business Security Weekly #106

In the Article Discussion, Matt and Paul talk the key to better focus and higher productivity, living your life on purpose, why people are willing to do more meaningful work for less money, the fundamentals of leadership, and more! Leadership Articles … Continue reading Leadership Articles – Business Security Weekly #106