Tag: entrepreneur

WordPress 5.5 arrives with lazy loading, sitemap, automatic updates for plugins and themes

WordPress.org today launched WordPress 5.5, which brings a slew of speed, search, security, block editor, accessibility, and developer updates. You can download version 5.5, which was developed by 805 volunteer contributors, now from WordPress.org/Download. WordPress is a content management system (CMS) that powers over 30% of the web (including VentureBeat). This means there is a […]

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How Women Invest will target female founders with $10 million fund

How Women Invest has raised a $10 million venture capital fund to invest in startups with female founders. The fund is run predominantly by female investors, over half of whom are women of color, and they aim to disrupt the “antiquated, unequal landscape of the venture capital system that typically excludes women startup founders.” The […]

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AI cybersecurity startup Elisity raises $7.5 million to protect networks from attack with AI

Cybersecurity startup Elisity today emerged from stealth with $7.5 million in seed funding from Atlantic Bridge Associates. The company, whose founding team includes veterans of Cisco, Qualys, and Viptela, says its immediate focus is scaling up engineering, sales, and marketing teams ahead of the Elisity platform’s public launch. According to a recent study published by the […]

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Google and Qualcomm join $230 million investment in Nokia phone maker HMD Global

HMD Global, the “home of Nokia phones,” has raised $230 million in a “series A2” round of funding from some of its existing strategic partners, including Google, Qualcomm, and Nokia consumer division Nokia Technologies. The Finnish company stressed that this was the “first closing” of the round, suggesting more funding could be added at a […]

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Atomwise raises $123 million to accelerate drug discovery with AI

Atomwise, a startup using AI to accelerate drug discovery, today secured $123 million in funding. A spokesperson said the funds will enable the startup to scale its technology and team as it expands its portfolio of joint ventures with researchers at the University of Toronto, Duke University School of Medicine, Charles River, Bayer, Eli Lilly, […]

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K2View raises $28 million to automate enterprise data unification

Knowledge platform developer K2View today announced it has raised $28 million that will be put toward accelerating go-to-market efforts. K2View, which is targeting customers in industries like telecom, financial services, health care, insurance, and logistics, claims revenue in the first half of 2020 grew at an over 75% compound annual growth rate. Enterprise data is […]

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Simpplr raises $10 million for its AI-powered intranet platform

Simpplr today raised $10 million for its AI-powered intranet platform, which is designed to streamline communications. CEO Dhiraj Sharma says the funds will be used to drive customer adoption during the pandemic as Simpplr develops new products and extends its partner ecosystem. With people increasingly work from home, businesses have put a renewed focus on […]

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Mux raises $37 million to automate video streaming and analytics processes

Video platform startup Mux today announced it raised $37 million, bringing its total raised to date to $69 million. Mux plans to use the proceeds to expand its product, sales, and marketing teams as it gears up for growth in the coming year, a spokesperson told VentureBeat via email. Video is among the internet’s most […]

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Google gives Android TV developers instant apps, speech-to-text, and predictive typing

Even before the pandemic, the battle to own your living room was reaching a boiling point. Now the big screen is bigger than ever as 2020 accelerates the streaming wars and raises the smart TV platform stakes. Naturally, Google is making every effort to avoid being left behind. Today the company gave Android TV developers […]

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Ironscales raises $8 million more for AI that thwarts email phishing attacks

Ironscales, a startup developing an AI phishing prevention and detection platform, today closed an $8 million extension to its series B round led by Jump Capital, bringing the total to $23 million. A spokesperson says Ironscales plans to use the funding to further accelerate growth through market expansion and ongoing R&D of its email security […]

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Pop’N Creative Agency Helps Brands Address Cultural Insensitivity In Marketing

From tone-deaf advertisements to discriminatory practices, culturally insensitive missteps displayed by major brands have been a longstanding issue. Amid the unrest following the murders of George Floyd, Breonna Taylor and Ahmaud Arbery, many of our inboxes were flooded with hallow statements decrying injustice and showing solidarity with the Black Lives Matter movement. Entrepreneurs Jessica D. […]

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Black entrepreneurs can tap new markets — but only with VC backing

The racial wealth gap in the US is immense, and despite recent increased patronage of Black-owned businesses, that gap has actually expanded in recent years. There are many factors that have gone into creating this gap, and many issues that exist because of it, but it is critical to the economic future of the US […]

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ProBeat: Microsoft wants TikTok for the same reason the U.S. fears China

It’s been a month since U.S. Secretary of State Mike Pompeo said the Trump administration was considering banning TikTok. Plenty has happened since, but the situation really accelerated last weekend. In the span of a couple hours, we learned that President Trump was planning to sign an order directing China’s ByteDance to divest its ownership […]

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Rally launches Creator Coin cryptocurrency for influencers

Rally is launching a cryptocurrency dubbed Creator Coin that will help influencers, content creators, and streamers run their own virtual economies. And while it’s all virtual, Creator Coin is a new way for people with fans to make real money. With Creator Coin, Rally will enable influencers to create their own flavor of cryptocurrency that […]

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CryptoKitties creator Dapper Labs raises $11.4 million for consumer-focused Flow blockchain

CryptoKitties creator Dapper Labs has raised $11.4 million in funding from NBA stars and others to build a consumer-focused Flow blockchain that supports digital collectibles. The company aims to enable users to own the digital items they collect with the assurance that the goods are genuine. The round will be used to scale Dapper Labs’ Flow […]

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COVID benchmarks on ARR, churn, and more from 2020 Key Banc SaaS survey (VB Live)

Presented by Sage Intacct In a post-COVID world data-backed business planning is more important than ever. This year’s Key Banc Capital Markets SaaS company Survey has the benchmarks CFOs, RevOps, and finance leaders need. Join this VB Live event to see where you stand. Register here for free. In light of today’s volatile business market, […]

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Automated document processor PandaDoc raises $15 million more as remote work grows

AI-powered document processing platform PandaDoc today raised over $15 million in additional funding, bringing its series B round to $30 million. The company says the capital will bolster its go-to-market efforts as it doubles down on product research and development. Companies spend an average of $20 to file and store a single document, by some […]

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Expert System raises $29.4 million for AI text extraction and analysis

Enterprise natural language processing (NLP) technologies vendor Expert System today secured $29.4 million in funding, $20 million of which came from institutional investors. (The remaining $9.4 million arose through the exercise of shareholder rights.) The company says it plans to use the proceeds to accelerate growth in the U.S. and to develop new tools supporting […]

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Expert System raises $29.4 million for AI text extraction and analysis

Enterprise natural language processing (NLP) technologies vendor Expert System today secured $29.4 million in funding, $20 million of which came from institutional investors. (The remaining $9.4 million arose through the exercise of shareholder rights.) The company says it plans to use the proceeds to accelerate growth in the U.S. and to develop new tools supporting […]

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Sight Diagnostics raises $71 million for blood-testing computer vision

Sight Diagnostics, which is developing an AI-powered blood analysis machine, this week nabbed $71 million in funding. This more than doubles the startup’s total raised, and a spokesperson says it will be used to accelerate Sight’s operations globally — with a focus on the U.S. — as it advances R&D for the detection of conditions […]

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Open banking: the lucrative benefits for smaller FIs and fintechs (VB Live)

Presented by Envestnet | Yodlee Open banking is a global trend changing the way financial data is accessed and shared in the U.S. Learn about the benefits this new and growing open banking ecosystem offers for FIs and fintechs positioned to leverage it when you join this VB Live event. Register here for free. “One […]

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Springboard raises $31 million to retool the technology workforce

Mentor-guided online training platform Springboard has raised $31 million in a series B round of funding led by Telstra Ventures. The raise comes amid surging demand for online learning, with Udemy recently reporting that course enrollment had risen by 425% during the pandemic lockdown and Udacity disclosing that its annual recurring revenue (ARR) had grown […]

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Former Google engineer Levandowski gets 18-month sentence for stealing trade secrets

(Reuters) — A U.S. judge on Tuesday sentenced former Google engineer Anthony Levandowski to 18 months in prison for stealing a trade secret from Google related to self-driving cars months before becoming the head of Uber’s rival unit. U.S. District Judge William Alsup in San Francisco said Levandowski, who was convicted on Tuesday following a […]

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Microsoft has paid security researchers $13.7 million for bug bounties in 12 months

Microsoft today announced it has paid out $13.7 million in bug bounties to 327 security researchers in the past year. The figure is more than three times the $4.4 million that Microsoft awarded over the same period last year, showing that the company is increasingly putting its money where its mouth is with respect to […]

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Kite brings its AI-powered code completions to Jupyter notebooks

Kite, which suggests code snippets for developers in real time, today debuted integration with JupyterLab and support for teams using JupyterHub. Data scientists can now get code completions powered by Kite’s deep learning, which is trained on over 25 million open-source Python files, as they type in Jupyter notebooks. Using AI to help developers is […]

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Isima emerges from stealth with $10 million to apply intelligence to real-time data

Startup Isima today emerged from stealth with $10 million in funding to launch a data convergence platform called BiOS. The company asserts its solution can reduce or even eliminate disparate databases while improving overall speed and reliability. IDC expects the global big data analytics market to be worth $274.3 billion by 2022, and Forbes found […]

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Syntiant raises $35 million for AI speech-processing edge chips

Syntiant, a startup developing AI edge hardware for voice and sensor solutions, today closed a $35 million round. CEO Kurt Busch says the funds will be used to ramp up production throughout the remainder of 2020. According to a report published by Meticulous Research, the speech and voice recognition hardware market is expected to reach […]

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Surviving the new normal: What to do when a customer asks to see your startup’s financials

It was 2008 Redwood City, and my startup Makara was riding the early cloud wave born of virtualization, trying to create what is now known as “containerized applications.” Early adopters for this technology were the typical early adopters: financial companies, technology companies, and the occasional retail company reinventing itself. If your startup is doing it […]

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ByteDance and Microsoft offer White House a deal to keep TikTok in the U.S.

(Reuters) — China’s ByteDance has agreed to divest the U.S. operations of TikTok completely in a bid to save a deal with the White House, after President Donald Trump said on Friday he had decided to ban the popular short-video app, two people familiar with the matter said on Saturday. U.S. officials have said TikTok […]

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AI Weekly: Big Tech’s antitrust reckoning is a cautionary tale for the AI industry

This week, as the heads of four of the largest and most powerful tech companies in the world sat in front of a Congressional antitrust hearing and had to answer for the ways they built and run their respective behemoths, you could see how far the bloom on the rose of big tech has faded. […]

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