StorageOS Raises $8M in Series A Funding
StorageOS, Inc., a London, UK- and NYC-based provider of a software-defined persistent storage platform for running containerized applications in production, raised $8m in Series A funding.
Hasura raises $1.6 million in seed funding to bring Kubernetes to application developers
Hasura, the San Francisco and Bangalore based developer tools startup, announces that it has raised a $1.6 million seed round investment from Nexus Venture Partners and GREE Ventures. The round was led by Nexus Venture Partners.
Allegro.AI nabs $11M for ‘deep learning as a service’, for businesses to build computer vision products
Artificial intelligence and the application of it across nearly every aspect of our lives is shaping up to be one of the major step changes of our modern society. Today, a startup that wants to help other companies capitalise on AI’s advances is announcing funding and emerging from stealth mode.
Silicon Startup Innovium Closes $77M in Series D, Ships Samples
The chipmaker Innovium bagged $77 million in a Series D funding round. It brings Innovium’s total financing to over $160 million. Investors in this latest round included Greylock Partners, Walden Everbright, Walden Riverwood Ventures, Paxion Capital, Capricorn Investment Group, Redline Capital, S-Cubed Capital, and Qualcomm Ventures.
iGenius Raises $7M in Angel Funding
iGenius, a Milan, Italy-based Artificial Intelligence company focused on software to simplify people and data relations, announced it raised $7m in angel funding during an 18 month period.
Scality Raises $152M, Talks Multi-Cloud Integration With Cisco and HPE
Software-defined storage vendor Scality today closed a $60 million funding round, bringing its total raised to $152 million. The company will invest the latest funding in its multi-cloud controller software, which it plans to launch commercially later this year. And it is already in talks with Cisco and Hewlett Packard Enterprise (HPE) about using the technology in their multi-cloud tools, said Paul Speciale, vice president of product management at Scality.
Armis raises $30 million Series B as enterprise IoT security heats up
When Armis launched in 2015, the company founders looked over the horizon and they saw the Internet of Things requiring a strong security layer. Today, the IoT security startup announced a $30 million Series B.
Intelligent Cloud Analytics Startup InsightFinder Completes US$2M Pre-series A Financing
InsightFinder Inc., an intelligent analytical engine provider for cloud computing, has successfully raised US$2M pre-series A funding led by Eight Roads Ventures. The Propel(x) Network also participated in the funding. Proceeds will be used to expand sales, marketing, and customer support teams.
Alibaba-Backed Chinese AI Startup SenseTime Sets $600M Funding Record
A startup that describes itself as China’s leading artificial intelligence company has just raked in a cool $600 million in fresh investment led by tech giant Alibaba — making it the single largest venture capital investment in the AI sector.
StackRox Secures $25M in Series B Funding
The company intends to use the funds to accelerate product development and release schedule and to support expanded go-to-market programs, including the hiring of new sales and marketing executives.