Crate.io raises $10M to grow its database platform

Crate IO

Crate.io, a startup developing a database platform called CrateDB, today announced that it raised $10 million in additional funding (including $2 million in debt) from Draper Esprit, Vito Ventures, and individual investors. CEO Eva Schönleitner says that the proceeds, which bring the company’s total raised to $31 million, will be put toward expanding Crate.io’s sales teams, the CrateDB ecosystem’s functionality and partner integrations, and the open source developer community around CrateDB.

Read More

[White Paper] Reduce Compliance Risk in your Call and Contact Center with AI

This white paper, “Reduce Compliance Risk in Your Call and Contact Center With AI,” from Veritone, discusses how compliance represents a major risk for contact centers, with violations potentially costing organizations millions of dollars in fines and causing reputational damage to the brand. The current method of monitoring calls — using manual review of recorded conversations — does not come close to meeting the requirements for comprehensive monitoring of regulated interactions.

Read More

2021 MLOps Platforms vendor analysis report

Neu.ro report

The Neuromation team has just published a new report on the state of Machine Learning Operations Platforms in 2021. MLOps was defined as a separate discipline only recently when the ML practitioners moved from university labs to corporate boardrooms. The young MLOps market already has a host of established players as well as newer niche entrants.

Read More

Data flow automation engine Prefect raises $32M

Prefect

Prefect, which was founded in 2018, offers a platform that can build, run, and monitor up to millions of data workflows and pipelines. The company’s hybrid execution model keeps code and data private while taking advantage of a managed orchestration service. Customers can use Prefect for scheduling, error handling, data serialization, and parameterization, leveraging a Python framework to combine tasks into workflows and then deploy and monitor their execution through a dashboard or API.

Read More

Osome raises $16M to automate repetitive accounting tasks

Osome

AI-powered accounting platform Osome today announced that it raised $16 million in a series A funding round. The company plans to put the proceeds, which bring its total raised to over $24 million, toward expanding its footprint internationally and building new product integrations.

Read More

People analytics startup ChartHop raises $35M

Charthop

ChartHop, a self-styled people analytics startup, today announced that it raised $35 million in a series B funding round led by Andreessen Horowitz. The capital brings the company’s total raised to over $54 million to date, and CEO Ian White says that it’ll be used to fund expansion through product enhancements, investments in service and support, and go-to-market efforts.

Read More

Best of arXiv.org for AI, Machine Learning, and Deep Learning – May 2021

In this recurring monthly feature, we filter recent research papers appearing on the arXiv.org preprint server for compelling subjects relating to AI, machine learning and deep learning – from disciplines including statistics, mathematics and computer science – and provide you with a useful “best of” list for the past month.

Read More

IBM releases AI model toolkit to help developers measure uncertainty

IBM AI toolkit

At its Digital Developer Conference today, IBM open-sourced Uncertainty Quantification 360 (UQ360), a new toolkit focused on enabling AI to understand and communicate its uncertainty. Following in the footsteps of IBM’s AI Fairness 360 and AI Explainability 360, the goal of UQ360 is to foster community practices across researchers, data scientists, developers, and others that might lead to better understanding and communication around the limitations of AI.

Read More

Bain and Crosspoint Capital acquire ExtraHop in $900M deal

Extrahop

Bain Capital Private Equity and Crosspoint Capital Partners today announced that they’ve entered into a definitive agreement to acquire ExtraHop, a network detection and response (NDR) provider headquartered in Seattle, Washington. As a part of the strategic transaction, which is valued at $900 million, ExtraHop CEO Arif Kareem and cofounders CTO Jesse Rothstein and CCO Raja Mukerji will continue in their respective roles and Rothstein and Mukerji will remain “significant” investors in the company.

Read More

IBM partners with U.K. on $300M quantum computing research initiative

IBM -UK partnership

The U.K. government and IBM this week announced a five-year £210 million ($297.5 million) artificial intelligence (AI) and quantum computing collaboration, in the hopes of making new discoveries and developing sustainable technologies in fields ranging from life sciences to manufacturing.

Read More

“Above the Trend Line” – Your Industry Rumor Central for 6/4/2021

Above the trendline

In this column, we present a variety of short time-critical news items grouped by category such as M&A activity, people movements, funding news, industry partnerships, customer wins, rumors and general scuttlebutt floating around the big data, data science and machine learning industries including behind-the-scenes anecdotes and curious buzz.

Read More

[Video Highlights] Challenges of Operationalizing ML

Apply: ML data engineering conference

In the panel discussion below, the focus is on the main challenges of building and deploying ML applications. The discussion includes common pitfalls, development best practices, and the latest trends in tooling to effectively operationalize. The presentation comes from apply(): The ML Data Engineering Conference sponsored by Tecton.

Read More

SugarCRM sweetens predictive AI engine for marketing automation

Customer market automation

SugarCRM tweaked its SugarPredict AI engine this month to help marketing teams with automated, predictive lead scoring. The cloud-based marketing automation software, first released as a sales tool for customer relationship management (CRM), now also facilitates “rapid and reliable marketing lead qualification and prioritization.

Read More

Blue Prism 7 shifts focus from RPA to programmable digital workers

Blueprism

Blue Prism, a pioneer provider of automation tools, announced a major overhaul last week as part of Blue Prism Version 7, which supports a new digital worker architecture and deeper cloud integration. This move highlights the company’s transition beyond robotic process automation (RPA) into the anticipated larger market for intelligent process automation tools.

Read More

API vulnerability detection firm Salt Security raises $70M

Salt platform

API discovery and vulnerability detection platform Salt Security today raised $70 million in a series C funding round led by Advent International. The Palo Alto, California-based startup says it plans to use the capital to expand its global operations across R&D, sales and marketing, and customer success.

Read More
1 2 3 31