Investment stories - Page 7
Neo4j surpasses USD $200m ARR, eyes further AI growth
Wed, 20th Nov 2024
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data analytics
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digital transformation
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data science
Neo4j has exceeded USD $200 million in annual recurring revenue, doubling its figure in three years, driven by demand for its graph technology.
TRST01 seeks USD $10 million for expansion in ESG tech
Tue, 19th Nov 2024
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supply chain
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clean technologies
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sustainability
TRST01 is seeking to raise USD $10 million in Series A funding to expand its sustainable tech operations amid rising global demand for ESG compliance solutions.
Tiger Technology targets USD $10M funding for cloud growth
Tue, 19th Nov 2024
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storage
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hybrid cloud
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cloud storage
Tiger Technology is set to secure USD $10M in Series A funding, driven by strong demand for its hybrid cloud data management platform amid soaring data costs.
DeepL launches real-time speech translation products
Tue, 19th Nov 2024
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cx
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martech
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captions
DeepL has launched its voice translation solution, DeepL Voice, enabling real-time spoken translations for meetings and conversations across multiple languages.
Avanade report: mid-market firms embrace AI despite hurdles
Mon, 18th Nov 2024
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data analytics
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digital transformation
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genai
Avanade's new Trendlines report reveals mid-market firms are eager to adopt AI despite facing significant challenges in achieving sustainable success.
HMC Capital acquires iseek platform for AUD $400 million
Fri, 15th Nov 2024
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hyperscale
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dc
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asx
HMC Capital has acquired data centre platform iseek for AUD $400 million, enhancing its strategy to launch a Global Digital Infrastructure Platform.
CloudBolt & CloudEagle.ai join forces for SaaS savings
Mon, 11th Nov 2024
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saas
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investment
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cloudbolt
CloudBolt Software has teamed up with CloudEagle.ai to enhance cloud and SaaS management, aiming for increased returns on USD $4 billion investments.
CVC & CD&R finalise investment in Epicor software firm
Fri, 8th Nov 2024
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investment
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epicor
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cvc
CVC and Clayton, Dubilier & Rice have completed their investment in Epicor, enhancing its enterprise software capabilities and governance structure.
Thesys secures $4m to advance generative UI designs
Fri, 8th Nov 2024
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digital transformation
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cx
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martech
Thesys has secured USD $4 million in funding led by Together Fund to revolutionise AI-driven interfaces with its innovative 'Generative UI' platform.
Spot AI unveils Video AI Agents after USD $31m funding
Fri, 1st Nov 2024
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edutech
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education, learning & training
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investment
Spot AI has unveiled its new Video AI Agents, revolutionising surveillance technology following a recent funding round that secured USD $31 million.
Silicon Valley Bank provides USD $50M to Bugcrowd
Fri, 1st Nov 2024
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crypto
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cloud security
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blockchain
Silicon Valley Bank has granted Bugcrowd USD $50 million to enhance its AI-driven cybersecurity solutions and accelerate growth in the global market.
DigitalBridge to acquire Yondr Group in strategic move
Thu, 31st Oct 2024
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digital transformation
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hyperscale
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dc
DigitalBridge has unveiled plans to acquire Yondr Group, a key player in hyperscale data centres, amid rising demand driven by AI advancements.
Cohesity appoints Vasu Murthy as Chief Product Officer
Wed, 30th Oct 2024
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data protection
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ai security
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ai
Cohesity has appointed Vasu Murthy as Senior Vice President and Chief Product Officer to enhance its data security portfolio amid substantial growth.
Zoho invests USD $10m in NVIDIA AI for language models
Fri, 25th Oct 2024
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saas
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data privacy
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llms
Zoho has announced a partnership with NVIDIA to enhance its AI capabilities, investing USD $10 million to improve large language models for its SaaS applications.
Socket secures USD $40m series B to combat supply threats
Wed, 23rd Oct 2024
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application security
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advanced persistent threat protection
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supply chain
Socket has completed a USD $40 million funding round, aiming to enhance security for open-source software amid rising supply chain attacks.
Telecom firms lead the way in GenAI adoption & investment
Fri, 11th Oct 2024
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uc
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data analytics
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cx
A new study reveals that 70% of telecommunications firms are adopting generative AI, outpacing other sectors in investment and implementation.
Layer secures USD $6m to boost decentralised web tech
Tue, 8th Oct 2024
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crypto
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blockchain
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software development
Layer has raised USD $6 million in seed funding to enhance trust in internet software, spearheading advancements in decentralised application technology.
Tiger Global invests $20 million into LiquidStack's Series B
Thu, 26th Sep 2024
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manufacturing
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datacentre infrastructure
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hpc
LiquidStack has secured a $20 million boost from Tiger Global in its Series B funding, raising the total to $35 million to enhance cooling solutions.
Salesforce to offer free AI training to close skills gap
Thu, 19th Sep 2024
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martech
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cdp
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ai
Salesforce will offer its premium AI courses for free on Trailhead until end-2025, investing over USD $50 million to bridge the AI skills gap.
Intel & AWS expand partnership with USD $7.8 billion investment
Tue, 17th Sep 2024
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uc
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manufacturing
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hyperscale
Intel and AWS boost partnership with multi-year, multi-billion-dollar investment in custom AI chips, aiming to enhance U.S. semiconductor manufacturing and innovation.