ZeroFox, a startup that helps companies manage social media risk including scams, malicious links and account hijacking, announced a $40 million Series C investment today.
The round was led by Redline Capital Management and Silver Lake Waterman (which is Silver Lake’s late stage growth capital fund). Existing investors NEA, Highland Capital Partners and Core Capital also participated. Read More
from TechCrunch
As artificial intelligence continues its spread into all aspects of computing, many believe that it will be the next big frontier in CRM. Today a startup called Gong.io underscores that trend: the Israeli startup, which has built a tool that uses natural language processing and machine learning to help train and suggest information to sales people and other customer service reps, has raised a… Read More
from TechCrunch
Revolut has raised a $66 million Series B round with Index Ventures leading the round, and existing investors Balderton Capital and Ribbit Capital also participating. The startup will also run another $5 million crowdfunding campaign in a few weeks. The company has raised $83 million in total. Revolut started as a mobile app that lets you send and receive money in multiple currencies. Over… Read More
from TechCrunch
When we last checked in on Transfix in late 2015, the then two-year-old, 26-person, New York-based transportation startup was determined to use its tech to increasingly match customers needing interstate freight shipping with truck drivers needing to make deliveries. It wanted to cut out wasted travel, as well as greenhouse gas emissions. Apparently they have been chugging along. Read More
from TechCrunch
It’s been pretty obvious for a few months now, but Google has finally admitted that its running its own investment fund targeting machine intelligence startups. The fund will go by the name Gradient Ventures and provide capital, resources and education to AI-first startups. Google isn’t disclosing the size of the fund, but the company told us that it’s being run directly off… Read More
from TechCrunch
Toyota is the latest Fortune 500 company to launch an AI focused venture capital fund. The initial early-stage fund will deploy $100 million and operate as a subsidiary of the Toyota Research Institute. The automaker has strategiclly positioned itself as an ROI rather than strategic focused fund — meaning that it aims to profit like any other VC firm. Jim Adler will serve as… Read More
from TechCrunch
Astronomer aims to ease the pain around data analytics. Collecting data is just part of the operation. After the data has been collected, it needs to be assembled and organized and sometimes that’s the most time-consuming part of the process. Astronomer says its solution helps with this process, freeing up engineering resources to actually analyze the data. The Cincinnati-based company… Read More
from TechCrunch
Fresh out of 500 startups, Datatron has raised $2.7 million in seed financing for its data-savvy assistant, Emma. But under the somewhat trite coating of an assistant, Datatron is making it easier for employees to gather insights from the complex web of historical and real-time data. Read More
from TechCrunch
Curve, the London fintech that offers a platform that lets you consolidate all your bank cards into a single Curve card and manage your money, is on the verge of closing $10 million in Series A funding. Read More
from TechCrunch
With the launch of Bixby and reports that Samsung is building its own competitor to Amazon’s Echo, the consumer electronics giant has now made an acquisition that could help power its next generation of voice-powered services. Samsung has acquired Innoetics, a startup out of Greece that has developed text-to-speech and voice-to-speech technology that can, among other things, listen to… Read More
from TechCrunch