Tag: Enterprise

Database trends: Why you need a ledger database

The problem: The auto dealer can’t sell the car without being paid. The bank doesn’t want to loan the money without insurance. The insurance broker doesn’t want to write a policy without payment. The three companies need to work together as partners, but they can’t really trust each other. When businesses need to cooperate, they […]

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The skills Deloitte looks for when it acquires IT service providers

Deloitte Consulting just sealed its fourteenth acquisition in three years by closing a deal that adds HashedIn Technologies Private Limited to its expanding portfolio of cloud consulting services. The deal comes at a time when, despite the recent economic downturn brought on by the COVID-19 pandemic, merger and acquisition activity among IT service providers is […]

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Cure.fit acquires AI body tracker Onyx to enable two-way workout videos

Selling pre-recorded exercise videos for at-home workouts has been a viable business model for decades, and as gyms across the world shut down, the COVID-19 pandemic only increased the need for solutions spanning every conceivable fitness category. But these videos couldn’t replace a key element of in-person training — the individual attention from a personal […]

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Idera acquires API developer Apilayer

Idera, a Houston-based company that develops a range of database tools, alongside application development and test management tools, has acquired Apilayer, an Austrian startup that offers cloud-based application programming interfaces (APIs). Terms of the deal were not disclosed. Apilayer, which was founded out of Vienna in 2015, provides myriad APIs that serve access to real-time […]

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RichRelevance and Manthan Software combine to form Algonomy

RichRelevance and Manthan Software have completed a merger resulting in a new entity christened Algonomy. This merged company will apply machine learning algorithms within a customer data platform (CDP) to personalize online and in-store shopping experiences. Manthan Software previously provided a prescriptive analytics application infused with machine learning algorithms primarily used to determine in real […]

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Incoming White House science and technology leader on AI, diversity, and society

Technologies like artificial intelligence and human genome editing “reveal and reflect even more about the complex and sometimes dangerous social architecture that lies beneath the scientific progress that we pursue,” said Dr. Alondra Nelson today as part of the introduction of the Biden administration science team. On Friday, the Biden transition team appointed Nelson to […]

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Cumulus Digital Systems raises $8 million to expand data monitoring for industrial facilities

Massachusetts-based SaaS startup Cumulus Digital Systems, whose cloud platform monitors industrial data for quality assurance, will announce an $8 million funding round later today. Cumulus plans to use this money from GEC to advance its platform with additional connected-tool integrations and advanced data analytics for failure prediction. Once the company builds its primary tech stack, […]

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AI Weekly: Meet the people trying to replicate and open-source OpenAI’s GPT-3

EleutherAI According to Leahy, EleutherAI began as “something of a joke” on TPU Podcast, a machine learning Discord server, where he playfully suggested someone should try to replicate GPT-3. Leahy, Gao, and Black took this to its logical extreme and founded the EleutherAI Discord server, which became the base of the organization’s operations. “I consider […]

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Feature store repositories emerge as an MLOps linchpin for advancing AI

A battle for control over machine learning operations (MLOps) is beginning in earnest as organizations embrace feature store repositories to build AI models more efficiently. A feature store is at its core a data warehouse through which developers of AI models can share and reuse the artifacts that make up an AI model as well […]

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Database trends: The rise of the time-series database

The problem: Your mobile app just went viral, and you’ve got a boatload of new users flooding your servers with a bazillion packets of data. How can you store this firehose of sensor data? Is there a way to deliver some value with statistical analysis? Can you do this all on a budget with a […]

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Amazon launches Alexa Custom Assistant to let brands build their own voice assistants

Amazon today launched Alexa Custom Assistant, a product that allows automakers and device manufacturers to create intelligent assistants built on the AI technologies powering Alexa. It marks the first time Amazon is granting third parties access to Alexa’s framework, and the company says it will enable brands to create assistants featuring voices, custom wake words, […]

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Oqton raises $40 million to apply AI to additive manufacturing

Oqton, a startup developing a factory operating system that integrates engineering software with manufacturing hardware, today raised $40 million. The company says the funds will be used to further develop Oqton’s platform while expanding its commercial partnerships in markets including additive manufacturing, robotic welding, and CNC machining. The additive manufacturing market is exploding, with Reports […]

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IBM acquires Taos to supplement its cloud expertise as workloads shift

IBM announced that it’s acquiring Taos, a provider of managed and professional IT services with a strong focus on public cloud computing platforms. At the same time, Deloitte Consulting announced that it has completed its previously announced acquisition of HashedIn Technologies Private Limited, a software engineering and product development firm specializing in cloud native technologies. […]

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GitLab partners with IBM Cloud to improve collaboration for DevOps

GitLab announced a new partnership with IBM Cloud designed to help DevOps teams work more efficiently by collaborating and deploying through a shared platform. Dubbed GitLab for IBM Cloud Pak, the service will leverage IBM Watson’s artificial intelligence to speed the development of cloud-based applications. “The collaboration between IBM and GitLab brings together the best […]

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Microsoft: Open source is now the accepted model for cross-company collaboration

Microsoft said that it has learned a lot from its increased engagement with the open source world, adding that open source is also now the “accepted model” for collaboration between companies. Microsoft was once one the purest purveyors of proprietary software, but it has gone some way toward shedding that image over the past decade. […]

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Automated CI/CD platform Harness raises $115 million at a $1.7 billion valuation

Harness, a continuous integration and delivery (CI/CD) platform for engineering and developer operations (DevOps) teams, has raised $115 million in funding across a series C and series B1 funding round. This values the San Francisco-based company at a $1.7 billion. Founded in 2016, Harness offers what it calls “continuous delivery as-a-service,” using machine learning and […]

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RecVue raises $13 million to modernize order-to-cash processes

RecVue, which provides an application platform for managing order-to-cash processes, today revealed it has raised an additional $13 million. The funding will be used to advance the adoption of an order lifecycle management platform that bridges the gap between customer relationship management (CRM) applications and backend enterprise resource planning (ERP) applications. The series A funding […]

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Swimm helps developers share knowledge and understand each other’s code

Pretty much every company these days is a software company, meaning that every company has to manage code in some form. The bigger a business becomes, however, and the more that it relies on software to operate, the bigger the codebases gets and the more engineers and developers come and go from a company– this […]

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Sana Labs raises $18 million to upskill workers remotely with machine learning

Sana Labs, a startup that’s using machine learning to personalize training courses for professionals, has raised $18 million in a series A round of funding led by EQT Ventures. As with just about all facets of life during the pandemic, online training and education has surged over the past year, with schools, colleges, and universities […]

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Lumiata raises $14 million to predict health care costs and outcomes with AI

Lumiata, a company providing AI-powered predictive analytics for managing health care costs, has raised $14 million. The company says it’ll use the funds to scale its platform and invest in customer acquisition ahead of the opening of an office in Guadalajara, Mexico in 2021. As many as 3.5 million hospital stays among adults in 2017 […]

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Seed rounds for cybersecurity rose during pandemic as enterprises search for new defenses

Cybersecurity startups that offer dramatic new visions for digital defense are seeing a surge of interest from venture investors. According to a new report from cybersecurity venture capital firm DataTribe, the trend reflects the way the cybersecurity industry is resetting after a wave of venture capital cooled starting about two years ago. In an interview, […]

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Veritas Technologies acquires HubStor to protect cloud data

With more data than ever pouring into cloud services, the need to protect that data from being stolen or encrypted by a ransomware attack led Veritas Technologies yesterday to announce it has acquired HubStor. Terms of the deal were not disclosed. As a provider of software-as-a-service (SaaS) platform for backing up data stored in cloud […]

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Autonomous vehicle startup WeRide raises $320 million

WeRide, a Guangzhou, China-based startup developing autonomous vehicle systems, this evening announced that it raised a total of $310 million in series B funding after completing series B2 and B3 rounds. The fundraising follows the closure of a $200 million strategic round by Chinese bus maker Yutong in December. Some experts predict the pandemic will hasten […]

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Stacklet raises $18 million to improve data governance as cloud adoption soars

Stacklet has raised $18 million as the developer of a governance platform rushes to meet the demand from companies expanding their cloud footprints. Venture firm Addition led the funding round which also included investment from Foundation Capital and Liam Randall, who joined the company as vice president of business development. The startup just came out […]

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The AI arms race comes to enterprise content management

Enterprise content management (ECM) platforms that have historically been employed to manage files are, thanks to the rise of AI, about to evolve into central repositories for keeping track of relationships between a much wider range of types of data. Fresh off raising an additional $80 million in funding, M-Files is in the process of […]

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Openbase wants to be the Yelp for open source software packages

Open source has eaten the world, evidenced by the myriad major deals that have gone down in open source town in recent times. In 2018, IBM snapped up enterprise-focused open source software maker Red Hat for an eye-popping $34 billion, while Salesforce bought Mulesoft for $6.5 billion a year previous. And just yesterday, Cockroach Labs, […]

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Qualcomm will acquire Nuvia, server CPU maker led by ex-Apple chip architect

Nuvia, a server chip startup led by a former Apple chip architect, will become part of mobile chip maker Qualcomm in a $1.4 billion deal announced this morning. While the deal will face regulatory challenges due to its potential antitrust implications, it’s a major development for all of the companies — notably because of a […]

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SurveyMonkey aligns with ServiceNow on digital business transformation

ServiceNow and SurveyMonkey today announced that they have teamed up to make it simpler for organizations to employ surveys and better gauge the impact digital business transformation initiatives are having on their organization. As a consequence of the alliance, business leaders will be able to better understand how employees and end customers perceive any change […]

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Nayya raises $10 million to guide employee health benefits decisions with AI

Nayya, an insurance benefits management platform, today announced that it closed $11 million in series A funding led by Felicis Ventures. The company says the proceeds will be put toward product research and development as Nayya seeks to acquire new talent and customers. Employees are often confused by the health benefits selection process, according to […]

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No-code development platform Webflow raises $140 million at a $2.1 billion valuation

Webflow, a cloud-based no-code website development and hosting platform used by major enterprises such as Allianz, Rakuten, Zendesk, and Dell, has raised $140 million in a series B round of funding co-led by Accel and Silversmith. Alphabet’s CapitalG growth fund also participated in the round as a new investor, with Webflow now valued at $2.1 […]

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Telehealth startup NeuroFlow raises $20 million to expand its network of care providers

NeuroFlow, a digital health company combining workflow automation, patient engagement solutions and services, and applied AI to promote behavioral health, today announced it raised $20 million in a round led by Magellan Health. The company says it will use the series B funds to scale its operations and support its growth in data analytics, AI, […]

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