Tag: automation

Cybersecurity compliance startup Vanta raises $50M

Join Transform 2021 this July 12-16. Register for the AI event of the year. Vanta, a San Francisco, California-based automated security and compliance platform, today announced it has closed a $50 million funding round led by Sequoia Capital. The startup says it will use the capital to meet customer demand, as well as launching new […]

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Legal management startup Clio nabs $110M to expand its platform

Join Transform 2021 this July 12-16. Register for the AI event of the year. Legal practice management startup Clio today announced it has closed a $110 million series E round, valuing the startup at $1.6 billion post-money. Clio says the funding will be used for strategic acquisitions and partnerships and to grow the company’s workforce, […]

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Databook raises $16M to automate key sales processes

Join Transform 2021 this July 12-16. Register for the AI event of the year. Databook, a customer intelligence platform tailored for enterprise applications, today announced that it raised $16 million in series A funding. The company plans to put the funds toward developing new products and expanding its workforce, in addition to acquiring new clients […]

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Automation software maker UiPath shares rise over 23% in NYSE debut

Join Transform 2021 this July 12-16. Register for the AI event of the year. (Reuters) — Shares of automation software provider UiPath jumped 23.21% in their New York Stock Exchange debut on Wednesday, underscoring investors’ appetite for high-growth tech stocks. The stock closed its first day on the stock market at $69 a share, up […]

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DevOps automation platform Octopus Deploy nabs $172.5M

Join Transform 2021 this July 12-16. Register for the AI event of the year. Octopus Deploy, a Brisbane, Australia-based company developing a continuous integration and delivery (CI/CD) platform, today announced that it closed a $172.5 million round. The funding, led by Insight Partners for a minority stake in the company, will be used to expand […]

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Is Boston Dynamics becoming a boring robotics company?

Join Transform 2021 this July 12-16. Register for the AI event of the year. Boston Dynamics has made a name for itself through fascinating videos of biped and quadruped robots doing backflips, opening doors, and dancing to “Uptown Funk.” Now, it has revealed its latest gadget: a robot that looks like a huge overhead projector […]

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Andrew Yang Hasn’t Done the Math

Will Andrew Yang, the current front-runner, become New York City’s next mayor? If he wins, would he be any good at the job? I have no idea, although I’m skeptical about the latter. My guess is that the mayoral office needs an effective political brawler, not an intellectual, and Yang, who has never held office, […]

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Latest Edelman survey rates trust in tech at a 21-year low

The technology sector plummeted from being the most trusted industry sector in 2020 to 9th place in 2021, according to the 21st annual analysis from communications firm Edelman. Lack of accountability and unwillingness to self-govern is eroding the public’s trust in technology. Trust in technology reached all-time lows in 17 of 27 countries over the […]

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Google makes business process tool AppSheet Automation generally available

Join GamesBeat Summit 2021 this April 28-29. Register for a free or VIP pass today. Last year, Google launched AppSheet Automation, an “intent-driven” experience in Google Cloud powered by AI that enabled enterprises to connect to a number of data sources to model automated business processes. After several months in early access, Google today announced […]

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OneTrust raises $210M to expand its enterprise compliance solutions

Join GamesBeat Summit 2021 this April 28-29. Register for a free or VIP pass today. OneTrust, a privacy and marketing, security, and data governance solutions firm based in Atlanta, Georgia, today announced it raised $210 million in a series C extension led by SoftBank’s Vision Fund 2, with participation from Franklin Templeton. The company says […]

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Full Speed Automation raises $3.2M for no-code solutions that accelerate industrial digitization

Join Transform 2021 for the most important themes in enterprise AI & Data. Learn more. For all the talk about the factory of the future and Industry 4.0, manufacturing systems can still be quite antiquated and fragmented when it comes to achieving real automation. While some areas may be digitized, monitoring these systems and getting […]

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What If Media Group introduces AI tool to make marketing campaigns smarter

Join Transform 2021 for the most important themes in enterprise AI & Data. Learn more. Automation is now seen as essential among marketers to bolster the outreach of campaigns, in part because of its ability to better target customer communications. According to a recent HubSpot survey, email automation campaigns are among the top three tactics […]

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Automation will drive the next U.S. manufacturing boom

Last month, hot on the heels of his inauguration as the 46th President of the United States, Joe Biden announced his plans to strengthen the U.S. manufacturing sector in the midst of the worst economic downturn since the Great Depression. Dubbed the “Made in America” executive order, it outlines the various ways Biden intends to […]

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Truvian raises $105 million to commercialize its automated blood-testing platform

San Diego, California-based Truvian, a startup developing blood-testing technology that leans heavily on automation, today announced the close of an over $105 million oversubscribed series C round led by TYH Ventures, 7wireVentures’ Glen Tullman, and Wittington Ventures. Truvian says the funds will advance development of its benchtop blood testing system and enable the company to […]

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Locus Robotics raises $150 million to scale its warehouse robotics platform

Locus Robotics, a Wilmington, Massachusetts-based warehouse robotics startup, today announced that it raised $150 million in series E funding at a $1 billion post-money valuation. The company says that the funding will allow it to accelerate product innovation and global expansion. Locus expects over the next four years, over a million warehouse robots will be […]

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AI Weekly: Techno-utopianism in the workplace and the threat of excessive automation

Every so often, VentureBeat writes a story about something that needs to go away. A few years back, my colleague Blair Hanley Frank argued that AI systems like Einstein, Sensei, and Watson must go because corporations tend to overpromise results for their products and services. I’ve also taken runs at charlatan AI and white supremacy. This […]

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Bowery CTO Injong Rhee on the grand challenge of AI for indoor farming

In recent years, AI leaders have urged machine learning experts to consider understanding the world’s oceans and tackling climate change grand challenges on par with building autonomous vehicles, beating a computer at a game of chess, or robotic grasping. Combining computer vision, logistics, robotics, and the science of botany, indoor farming has the potential to […]

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Tech Companies Want AI to Fix the Disastrous Vaccine Rollout

Across the US, the government’s early attempts to distribute the COVID-19 vaccine have been, at best, underwhelming. In Ohio, nearly 900 doses of Moderna’s COVID-19 vaccine went to waste because a provider stored them at the wrong temperature. In New York City, clinics were forced to hold onto vaccine doses for weeks instead of administering […]

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Slync.io raises $60 million to automate supply chain processes

Slync.io, a shipping and logistics process automation company, today announced the closing of its $60 million series B funding round. The company says it’ll leverage the investment to continue serving its customers, grow its physical presence in Europe and Asia, and expand its core teams. The pandemic and corresponding rise in online shopping threaten to […]

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Quali raises $54 million to automate cloud management and deployment

Quali, a company developing sandbox software for cloud and DevOps automation, today announced it has raised $54 million. The company says the funds will be put toward expanding its customer base and enabling new partnerships while growing its workforce. The public cloud market was worth around $186.4 billion in 2018, Gartner says, up 21.4% over […]

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Brightflag raises $28 million to manage legal spend using big data analytics

Brightflag, an AI-powered legal spend management startup, today announced a $28 million round. The company says it will put the funds toward expanding its footprint while bolstering R&D to support existing customers. According to a recent Gartner survey, the share of corporate legal operations leaders responsible for coordinating law firm billing and tracking outside counsel […]

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Facebook acquires messaging marketing automation startup Kustomer

Facebook today announced it will acquire Kustomer, a New York-based customer relationship management startup, for an undisclosed amount. When the deal closes, Facebook says it’ll natively integrate Kustomer’s tools with its messaging platforms, including WhatsApp and Messenger, to allow businesses and partners to better manage their communications with users. For most brands, guiding and tracking […]

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Glue raises $8 million to automate customer loyalty programs

Loyalty automation platform Glue today raked in $8 million in series A funding from private investors led by Unicorn Technologies. The startup says that the proceeds will be put toward nudging local businesses to adopt loyalty programs. Retail has taken a major hit during the pandemic. Total sales are expected to hit 5.7% from 2019, […]

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Accurics raises $20 million for ‘self-healing’ cloud monitoring tools

Accurics, a company providing what it describes as “self-healing” infrastructure for cloud environments, has raised $20 million. A spokesperson says the funding will be used to bolster Accurics’ 35-person workforce as it pursues customer acquisition opportunities. Cloud datacenters will process 94% of workloads in 2021, according to a recent survey from Cisco. But be that as […]

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Caterpillar looks to mining, construction, and space automation as traditional equipment sales decline

Question: How can a company like Caterpillar try to counter a slump in sales of bulldozers and trucks during a pandemic that has made every human a potential disease vector? Answer: Cut out human operators, perhaps? Caterpillar’s autonomous driving technology, which can be bolted on to existing machines, is helping the U.S. heavy equipment maker […]

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Chargebee raises $55 million for subscription and billing automation

San Francisco-based Chargebee, which provides subscription management and recurring billing tools, today raised $55 million. The company says the funds will be put toward product development and go-to-market efforts. By some estimates, 40% of ecommerce revenue comes from repeat purchasers. (Streaming music subscriptions alone generated $19.1 billion in 2018.) But only 32% of online bills are made […]

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Tipalti raises $150 million to automate payment workflows with AI

Payment automation solutions provider Tipalti today raised $150 million at an over $2 billion valuation. The company says it will devote the funds to increasing the size of its developer, product management, customer operations, sales, and business development teams. Following a year of double-digit growth in 2017, global payments returned to an established pattern of […]

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Google’s Area 120 launches Tables, a rules-based automation platform for documents

Google’s Area 120 incubator today launched Tables, a work-tracking tool with IFTTT-like automation features and support for Google products, including Google Groups, Google Sheets, and more. Currently in beta in the U.S., Tables automates actions like collating data, checking multiple sources of data, and pasting data into other docs for handoff. “Tracking work with existing […]

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EasySend raises $16 million to automate repetitive business processes

EasySend, a no-code automation platform provider focused on the financial industry, today announced it has raised $16 million. CEO Tal Daskal says the funds will enable the company to double its current staff, optimize product development, and expand its customer base. Regulated industries like insurance and banking rely heavily on forms for processes such as […]

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