Tag: Big Data

Intel open-sources AI-powered tool to spot bugs in code

Let the OSS Enterprise newsletter guide your open source journey! Sign up here. Intel today open-sourced ControlFlag, a tool that uses machine learning to detect problems in computer code — ideally to reduce the time required to debug apps and software. In tests, the company’s machine programming research team says that ControlFlag has found hundreds of defects in proprietary, “production-quality” software, […]

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Compliance and risk management startup Hyperproof lands $16.5M

Hyperproof, a compliance software provider, today announced that it raised $16.5 million in series A funding led by Toba Capital at a $72.5 million post-money valuation. The company says that it’ll use the new capital to support product R&D and grow its headcount as it looks to expand to new markets. The need for risk […]

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Ground freight logistics startup Flock Freight closes $215M funding round

Digital freight logistics company Flock Freight today announced that it raised $215 million in series D funding led by Softbank Vision Fund 2, increasing the startup’s valuation to $1.3 billion. The round also included participation from Susquehanna Private Equity Investments, LLLP, Eden Global Partners, SignalFire, GLP Capital Partners, and GV (formerly Google Ventures), and will […]

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AI model optimization startup Deci raises $21M

Tel Aviv, Israel-based Deci, a company developing a platform to optimize machine learning models, today announced that it raised $21 million in a series A round led by Insight Partners with participation from Square Peg, Emerge, Jibe Ventures, Samsung Next, Vintage Investment Partners, and Fort Ross Ventures. The investment, which comes a year after Deci’s […]

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Workforce analytics platform SkyHive raises $40M

SkyHive Technologies, a company developing workforce planning software, today announced that it closed a $40 million series B round led by holding company Eldridge Industries LLC, with participation from Allegis Cyber, Accenture Ventures, Workday Ventures, and the Partnership Fund For New York City. CEO Sean Hinton says that the proceeds will be put toward growing […]

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Splunk unveils new observability functions at annual conference

This week at its annual user conference, .conf21, Splunk rolled out a variety of new features, extensions, and observability functions to its popular collection of tools for tracking software performance. The new features gather more data from a wider range of machines in the cloud, on-premises, or at the edge while also opening up the […]

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Gartner prescribes a human-centric, hybrid-focus for the future of work

Early in his presentation on recommendations for the future of work, Gartner distinguished VP and analyst, Graham Waller, highlighted the need to rethink “archaic” assumptions like the idea of the traditional 9 to 5 workday. Waller noted this traditional structure of work dates back to early factories that depended on utilizing the natural light coming […]

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Land O’Lakes details how agriculture is transforming digitally

Yesterday, technology leaders attending Gartner’s annual Symposium/ITxpo received a lesson in turning digital transformation into business value from Teddy Bekele, the chief technology officer of Minnesota-based agricultural cooperative Land O’Lakes. Best known for putting butter, cheese, and other dairy products on grocery store shelves, Land O’Lakes also owns the animal feed company Purina, the agricultural […]

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Hackers leak over 24M of user records from Vimeo’s Livestream

Undoubtedly, this month has proven to be one of the worst, not only for Mark Zuckerberg, but Instagram and Facebook users as well. A couple of days after the hacking of more than 2 million accounts of Snapchat users, 24 million records of Livestream user profiles were given for free on the popular DarkNet forum. […]

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AI-powered fraud-fighting platform Resistant AI raises $16.6M

Resistant AI, a startup developing automation technologies that respond to vulnerabilities in financial services, today announced that it raised $16.6 million in a series A funding round from GV (formerly Google Ventures) with participation from Index Ventures, Credo Ventures, and Seedcamp. The Prague, Czech Republic-based company says it’ll use the funding to build out Resistant […]

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Google Cloud invests $50 million in cybersecurity startup Cybereason

Cybereason, a Tel Aviv- and Boston, Massachusetts-based cybersecurity company providing endpoint prevention, detection, and response, has secured a $50 million investment from Google Cloud, VentureBeat has learned. It extends the series F round that Cybereason announced in July from $275 million to $325 million, making Cybereason one of the best-funded startups in the cybersecurity industry […]

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Instacart acquires smart checkout startup Caper AI for $350M

Join gaming leaders online at GamesBeat Summit Next this upcoming November 9-10. Learn more about what comes next.  Instacart today announced that it acquired Caper AI, a startup developing technologies to automate brick-and-mortar checkout experiences, for approximately $350 million in cash and stock. With the purchase, Instacart says that it aims to help retailers “unify […]

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Network and security services provider Cato Networks nabs $200M

Cato Networks, a secure access service edge (SASE) company developing products to manage networking equipment, today announced that it raised $200 million at a $2.5 billion post-money valuation, bringing its total capital to $532 million. The round, which was led by Lightspeed Venture Partners with participation from Greylock, Aspect Ventures, Acrew Capital, Coatue, Singtel Innov8, […]

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Skyflow, which delivers data privacy via an API, raises $45M

Skyflow, a company that make it easier for developers to embed data privacy into their applications, has raised $45 million in a series B round of funding. Founded in 2019, Skyflow operates at the intersection of two notable technology trends — the API economy and data privacy. As companies transition from monolithic software to a […]

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Vonage acquires conversational commerce startup Jumper

Join gaming leaders online at GamesBeat Summit Next this upcoming November 9-10. Learn more about what comes next.  Vonage today announced that it acquired Jumper.ai, a Singapore-based, AI-powered conversational commerce platform, for an undisclosed sum. Vonage says that Jumper’s team will join its product and engineering group based in Singapore as the company incorporates Jumper’s […]

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Identity protection provider Aura raises $200M at a $2.5B valuation

Join gaming leaders online at GamesBeat Summit Next this upcoming November 9-10. Learn more about what comes next.  Burlington, Massachusetts-based identity protection company Aura today announced it raised $200 million at a $2.5 billion post-money valuation, bringing its total sum raised to $650 million. CEO Hari Ravichandran said that the funds will be put toward […]

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State of AI Report tracks transformers in critical infrastructure

Artificial intelligence and machine learning pioneers are rapidly expanding on techniques that were originally designed for natural language processing and translation to other domains, including critical infrastructure and the genetic language of life. This was reported in the 2021 edition of the State of AI Report by investors Nathan Benaich of Air Street Capital and […]

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Data intelligence provider Alation acquires AI insights company Lyngo Analytics

Enterprise data intelligence solution provider Alation Inc. has announced the acquisition of data insights and AI vendor, Lyngo Analytics. This deal will enable Alation to scale its data intelligence offerings, help companies to drive their data culture, and elevate the business user experience. Lyngo Analytics’ natural language interface enables users to ask simple, business-focused questions […]

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DeepMind acquires and open-sources robotics simulator MuJoCo

Join gaming leaders online at GamesBeat Summit Next this upcoming November 9-10. Learn more about what comes next.  Let the OSS Enterprise newsletter guide your open source journey! Sign up here. DeepMind, the AI lab owned by Google parent company Alphabet, today announced that it has acquired and released the MuJoCo simulator, making it freely available to researchers as a precompiled […]

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Call analytics provider CallMiner acquires screen capture platform OrecX

Join gaming leaders online at GamesBeat Summit Next this upcoming November 9-10. Learn more about what comes next.  Let the OSS Enterprise newsletter guide your open source journey! Sign up here. CallMiner, a call analytics provider based in Waltham, Massachusetts, today announced that it has acquired audio and screen capture platform OrecX for an undisclosed sum. CallMiner says that by purchasing […]

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Data transformation platform Metrolink.ai raises $22M

Israel- and Palo Alto, California-based Metrolink.ai, which is developing a platform for data management, today announced that it raised $22 million in a seed round led by Grove Ventures with participation from Eclipse Ventures. The company says that it’ll use the funds, which value Metrolink at $65 million post-money, to grow its R&D, marketing, and […]

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Transposit unveils CloudOps workflow-building functionality

If someone were to select three terms that represent the frontier of IT in 2021, they might choose: automation, automation, automation. Others might select user experience (UX), AI, edge computing, CloudOps workflows, or DevOps. They’re all legitimate, but the common denominator is automation because each relies to some extent on automated processes. One would think […]

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The 2021 machine learning, AI, and data landscape

It’s been a hot, hot year in the world of data, machine learning, and AI. Just when you thought it couldn’t grow any more explosively, the data/AI landscape just did: the rapid pace of company creation, exciting new product and project launches, a deluge of VC financings, unicorn creation, IPOs, etc. It has also been […]

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AI Weekly: AI model training costs on the rise, highlighting need for new solutions

This week, Microsoft and Nvidia announced that they trained what they claim is one of the largest and most capable AI language models to date: Megatron-Turing Natural Language Generation (MT-NLP). MT-NLP contains 530 billion parameters — the parts of the model learned from historical data — and achieves leading accuracy in a broad set of […]

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Automation-driven sales enablement platform Groove nabs $45M

Join gaming leaders online at GamesBeat Summit Next this upcoming November 9-10. Learn more about what comes next.  Groove, an automation-driven sales enablement platform, today announced that it closed a $45 million series B round led by Viking Global Investors with participation from Capital One Ventures, Level Equity, Quest Venture Partners, and Uncork Capita. The […]

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Facebook introduces dataset and benchmarks to make AI more ‘egocentric’

Join gaming leaders online at GamesBeat Summit Next this upcoming November 9-10. Learn more about what comes next.  Facebook today announced Ego4D, a long-term project aimed at solving AI research challenges in “egocentric perception,” or first-person views. The goal is to teach AI systems to comprehend and interact with the world like humans do as […]

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Geospatial analytics startup AiDash lands $27M

Join gaming leaders online at GamesBeat Summit Next this upcoming November 9-10. Learn more about what comes next.  AiDash, a company using satellite imagery and AI to monitor infrastructure, today announced that it raised $27 million in series B funding led by G2 Venture Partners, with BGV, National Grid Partners, and additional strategic investors participating. […]

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How Quickbase is using low-code to streamline Daifuku’s supply chain

The Transform Technology Summits start October 13th with Low-Code/No Code: Enabling Enterprise Agility. Register now! Low-code and no-code development platforms, which provide the means to build software without the need to write code, are exploding in popularity as enterprises become increasingly digital during the pandemic. It’s estimated that nearly 60% of all custom apps are […]

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Vermont Electric is helping power the state with a low-code app building platform

The Transform Technology Summits start October 13th with Low-Code/No Code: Enabling Enterprise Agility. Register now! At VB’s Low-Code/No-Code Summit, the discussion centered around the way no-code solutions are enabling enterprise agility in revolutionary ways, changing the dynamics coding, from how we write it to who can develop applications. One session revealed how low code literally […]

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Data flow management platform Nexla nabs $12M

The Transform Technology Summits start October 13th with Low-Code/No Code: Enabling Enterprise Agility. Register now! Nexla, a San Mateo, California-based collaborative data operations platform, today announced that it raised $12 million in series A funding led by Industry Ventures, with participation from Liberty Global Ventures, Blumberg Capital, Engineering Capital, Storm Ventures, Correlation Ventures, and angel […]

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Dataminr to acquire crisis management firm Krizo

The Transform Technology Summits start October 13th with Low-Code/No Code: Enabling Enterprise Agility. Register now! In an expansion of Dataminr’s product portfolio, the risk detection platform today announced its intent to acquire Krizo. Copenhagen, Denmark-based Krizo, a real-time crisis response tool used by customers including Fujifilm, Vodaphone, Maersk, and Palo Alto Networks, is expected to […]

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