Bloomreach raises $150M on $900M valuation and acquires Exponea
Bloomreach, an API company that helps eCommerce customers with search and web site creation, announced a $150 million investment today from Sixth Street Growth. Today’s funding values the company at $900 million. At the same time, the company a.....»»
Mozilla acquires review-checking, scammer-spotting service Fakespot for Firefox
Other versions will remain available, but Firefox will get some exclusive tools. Enlarge / Fakespot adds letter grading, adjusted review scores, and other context ("New Seller Alert") to product pages across the web. (credit: Ama.....»»
Chinese semiconductor investment continues to cool down, says market research firm
China's semiconductor investment landscape continues to cool down, returning to a normality where investors have become more discreet and valuation is more driven by rationality, according to China-based market research firm JW Insights......»»
AI startup Pinecone raises $100 million as vector database market for LLMs heats up
Vector database leader Pinecone announced today that it has raised $100 million at a $750 million valuation, led by Andreessen Horowitz. Vector database leader Pinecone announced today that it has raised $100 million at a $750 million valuation,.....»»
Password reset woes could cost FTSE 100 companies $156 million each month
Password resets could unnecessarily cost FTSE 100 businesses over $156 million every month, according to MyCena Security Solutions. This raises the question of the necessity of password resets, at a time when organisations must identify cost savings.....»»
Rivalry raises $7.3M to drive growth, sets quarterly revenue record
Esports focused betting platform Rivalry reported major financial wins for FY2022 and Q1 2023, alongside $7.3M of new funding. Esports focused betting platform Rivalry reported major financial wins for FY2022 and Q1 2023, alongside $7.3M of new f.....»»
GM raises 2023 guidance, adding Samsung SDI as battery partner
General Motors is expecting a strong 2023. It raised its whole-year guidance on April 25 after finishing the first quarter with US$3.8 billion of adjusted EBIT. In addition, the automaker said it will build its fourth battery plant in the US with Sam.....»»
NetRise raises $8 million to advance XIoT security technology
NetRise announced $8 million in funding, led by Squadra Ventures, with participation by existing major investors Miramar Digital Ventures, Sorenson Ventures and DNX Ventures. NetRise has developed a cloud-based SaaS platform that analyzes and continu.....»»
Woodoo raises $31M to use discarded wood as a construction material
Woodoo has raised $31 million to use discarded wood as an an alternative material for construction. Woodoo has raised $31 million to use discarded wood as an an alternative material for construction.Read More.....»»
Katmai raises $22M for a new take on the metaverse with 3D virtual office
Katmai has raised $22 million for its ew take on remote work with a new 3D virtual office platform. Katmai has raised $22 million for its ew take on remote work with a new 3D virtual office platform.Read More.....»»
Tesla raises capex for 2023, ushers in EV production and price war
Tesla plans to scale up its capital expenditure in 2023 to ramp up production and product launch following its CEO Elon Musk's stated intention to continue the EV price war, pitting itself against BYD, the largest NEV brand by volume, in rising compe.....»»
Elon Musk pins hopes on full self-driving as Tesla"s next profit driver
Some analysts and investors worry that Tesla's industry-leading market valuation is threatened by factors including price cuts that have undermined its margins, delays in rolling out new models and revisions to its full self-driving software. .....»»
Coro raises $75M for all-in-one platform to tackle SOC complexity
Coro announces it has raised $75 million for an all-in-one cybersecurity platform designed to address SOC complexity. Coro announces it has raised $75 million for an all-in-one cybersecurity platform designed to address SOC complexity.Read More.....»»
Vice Ventures raises $25M to fund startups in ‘bad’ industries
Vice Ventures has closed a $25 million second fund to finance "bad" industries that cater to human vices. Vice Ventures has closed a $25 million second fund to finance "bad" industries that cater to human vices.Read More.....»»
Fletch raises $12.5 million for NLP engine to scan cyber threat landscape
AI cybersecurity vendor Fletch announces it has raised $12.5 million in funding to scan the threat landscape. AI cybersecurity vendor Fletch announces it has raised $12.5 million in funding to scan the threat landscape.Read More.....»»
PlayStation acquires developer Firewalk Studios
The latest developer to join PlayStation Studios is ProbablyMonsters' Firewalk Studios, which is working on a new multiplayer game. The latest developer to join PlayStation Studios is ProbablyMonsters' Firewalk Studios, which is working on a new.....»»
Sherlocking continues: Apple"s interest is a "kiss of death" to small technology firms
Apple insists that it develops or acquires all its own technology, but a new report is just now noticing that multiple companies have been courted by the company, then seen their work duplicated.Software developers have long known of what's become ca.....»»
Allurity acquires CloudComputing and Securix to expand into new markets
Allurity has closed the acquisition of two new cybersecurity companies, CloudComputing and Securix. The former brings a complete and robust offering in identity, zero trust and information security. The latter adds substantial reinforcement in the ar.....»»
Mobb raises $5.4 million and launches community tool
Mobb has raised $5.4M in seed funding led by Angel Investor Ariel Maislos and joined by MizMaa Ventures, Cyber Club London and additional investors from US, EU, and Israel. The company has also launched a free community version that allows developers.....»»
Methane from megafires: Novel detection technique raises pollution policy questions
Using a new detection method, UC Riverside scientists found a massive amount of methane, a super-potent greenhouse gas, coming from wildfires—a source not currently being accounted for by state air quality managers......»»
CYFIRMA raises an undisclosed amount in Pre-Series B funding for product innovation
CYFIRMA has raised a Pre-Series B round funding from venture fund OurCrowd and Larsen & Toubro’s L&T Innovation Fund. With this, these firms join CYFIRMA’s existing investors Goldman Sachs, Zodius Capital, and Z3 Partners. With the closin.....»»