AI-powered contract management platform Malbek lands $15.3M

Malbek

Contract lifecycle management startup Malbek today announced it has raised $15.3 million in a series A funding round led by Noro-Moseley Partners, with participation from TDF Ventures and Osage Venture Partners. The funding, which brings the company’s total raised to over $20 million, will be used to support product development and expansion, according to CEO Hemanth Puttaswamy.

Read More

CRM marketing startup Optimove raises $75M

Optimove

Optimove, a customer relationship management (CRM) software provider, today announced that it raised $75 million in a funding round led by Summit Partners with participation from existing investors. The company says the capital will be put toward supporting strategic mergers and acquisitions, product R&D, and hiring, with the goal of doubling the company’s 180-person headcount over the next two years.

Read More

“Above the Trend Line” – Your Industry Rumor Central for 9/24/2021

Above the Trend Line

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

IoT device security startup Sternum nabs $27M

Sternum

Internet of things (IoT) security and observability startup Sternum today announced that it raised $27 million in series B financing led by Spark Capital, with participation from Square Peg Capital, the Hinrich Foundation, Btov, and others. The round, which brings the company’s total raised to $37 million, will be put toward R&D as well as go-to-market efforts and geographic expansion, Sternum says.

Read More

Osano, a data compliance platform, raises $11M

Osano

Osano, a data privacy platform that helps websites become compliant with international regulations, today announced that it closed a $11 million funding round led by Jump Capital, bringing its total raised to $22.3 million. The company says that the money will be used to support international expansion as well as hire additional sales, marketing, and engineering staff.

Read More

Workflow automation startup Daylight lands $12.3M

Daylight

Toronto, Canada-based Daylight, formerly FormHero, today announced it has raised $12.3 million in a series A round led by RTP Global, Bessemer Venture Partners, and Golden Ventures, with participation from Golden Ventures. The company says the funds, which bring its total raised to $14.56 million, will be used to support go-to-market activities and expand the capabilities of its automation platform.

Read More

Project44 acquires last-mile delivery startup Convey for $255M

Project44 - Convey

Project44, a Chicago, Illinois-based supply chain visibility solutions provider, today announced that it acquired last-mile delivery startup Convey for $255 million. Together, Project44 says that it and Convey will serve the global supply chain end-to-end, offering insights to help brands deliver new direct-to-consumer and ecommerce experiences.

Read More

App observability platform DeepFactor raises $15M

Deepfactor

DeepFactor, a code observability startup based in San Jose, California, today announced that it raised $15 million in series A financing led by Insight Partners with participation from Emergent Ventures, Security Leadership Capital, and Tricentis. The funding brings the company’s total raised to $18.4 million to date, and it’ll be put toward supporting existing product development and the launch of a software-as-a-service offering, according to cofounder and CEO Kiran Kamity.

Read More

Software supply chain management company Cloudsmith raises $15M

Cloudsmith

Belfast, Northern Ireland-based software supply chain management startup Cloudsmith today announced that it closed a $15 million series A funding round led by Tiger Global, with participation from Shasta, Amaranthine, Sorenson, Leadout Capital, Frontline, MMC, and Techstart. The infusion brings the company’s total raised to over $17 million and will be used to expand Cloudsmith’s workforce from 17 employees to 60 in the next year, particularly its U.S.-based sales and data engineering teams.

Read More

AI-powered disinformation detection platform Blackbird nabs $10M

Blackbird AI

Blackbird.AI, an AI-powered platform designed to combat disinformation, today announced that it closed a $10 million series A funding round led by Dorilton Ventures with participation from NetX, Generation Ventures, Trousdale Ventures, StartFast Ventures, and individual angel investors. The proceeds, which bring the company’s total raised to $11.87 million, will be used to support ramp-ups in hiring and product lines and launch new features and capabilities for corporate and national security customers, according to cofounder and CEO Wasim Khaled.

Read More

Computer vision dev platform Roboflow raises $20M

Roboflow

Roboflow, a Des Moines, Iowa-based startup developing tools for building computer vision models, today announced that it raised $20 million in a series A round led by Craft Ventures. It brings the company’s total raised to $22.2 million to date, and CEO Joseph Nelson says it’ll be put toward ongoing product development and hiring efforts.

Read More

AI-powered ecommerce recommendation engine Constructor nabs $55M

Constructor IO

Constructor, a San Francisco, California-based ecommerce personalization startup, today announced that it raised $55 million in a series A round led by Silversmith Capital Partners. The funding, which brings the company’s total raised to $61.5 million, will be put toward product development, hiring, and go-to-market efforts, according to CEO Eli Finkelshteyn.

Read More

Pyxis One boosts platform with $17M

Pyxis One

Startup Pyxis One today announced that it raised $17 million in series B funding, bringing its total raised to date to $24 million. The company says it plans to use the funds to support the growth of its data science team, continue to advance its AI models, and further expand into the U.S. market.

Read More

Axelera, which is developing an AI accelerator chip, raises $12M

Axelera

Axelera AI, a Dutch AI semiconductor startup, today emerged from stealth with $12 million in seed funding led by Bitfury, a security and infrastructure provider for the Bitcoin blockchain. Innovation Industries Fund participated in the round, which the company says will support developing of AI apps at the edge.

Read More

Relyance emerges from stealth to spot risky code

Relyance AI

Relyance, a San Francisco, California-based startup developing a real-time codebase analysis platform, today emerged from stealth with $30 million raised across seed and series A rounds from Unusual Ventures and Menlo Ventures. Co-CEOs Leila R. Golchehreh and Abhi Sharma say the funding will be used to expand the company’s engineering and sales teams as well as accelerate Relyance’s go-to-market strategy.

Read More

Data science hasn’t fixed its huge gender pay gap

AI Diversity

While 64% of employees in data science, AI, and machine learning took part in training or obtained new certifications over the past year, the average change in compensation was $9,252 — an increase of about 2.25% annually. That’s one of the findings in O’Reilly’s 2021 Data/AI Salary Survey, which took a look at job satisfaction and salaries in data science fields experiencing a shortage of qualified employees. The results suggest that data and AI professionals are among the most driven employees when it comes to upskilling — and have a clear desire to learn.

Read More

AI edge hardware startup Deep Vision nabs $35M

Deepvision

Deep Vision, a company developing an AI accelerator chip and software suite for edge computing workloads, today announced that it closed a $35 million series B financing round led by Tiger Global, with participation from Exfinity Venture Partners, Silicon Motion, and Western Digital. According to CEO Ravi Annavajjhala, the proceeds will be put toward product development as Deep Vision looks to ramp up manufacturing of its hardware for early customers.

Read More

DataRobot aims to accelerate AI delivery and operationalize low-code dev

DataRobot

When the management team at DataRobot looks at the future, they see a world where AI is part of every enterprise business decision. If the computer is not operating completely autonomously, it augments the intelligence of the human, whispering advice in their ear. Today, DataRobot releases its DataRobot AI Cloud Platform to run everywhere and handle a diverse collection of roles in classification, detection, and decision making.

Read More

Data operations platform Satori nabs $20M

Satori

Data operations platform Satori today announced that it raised $20 million in a series A round led by B Capital Group and Evolution Equity Partners, with participation from Satori’s seed investor YL Ventures. The company says it’ll use the funds, which bring its total raised to $25 million, to support product R&D and expand its go-to-market operations in the U.S.

Read More

Best of arXiv.org for AI, Machine Learning, and Deep Learning – August 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
1 2 3 40