Monday May 20, 2024

To stop hackers from invading self-driving cars, Karamba Security raises $12 million

 By 2020, an estimated 75 percent of cars will be internet-connected worldwide, according to estimates from the FBI, Department of Transportation and the National Highway Traffic Safety Administration. That connectivity will allow drivers to tap into life-saving safety features and make self-driving cars a reality. But it also makes vehicles vulnerable to malicious hackers. Read […]

Symphony, a messaging app backed by Wall St, gets $63M at a $1B+ valuation

 Symphony, a secure messaging app that counts 15 of the world’s biggest banks among its investors and 200,000 paying customers, has raised a new tranche of funding to fuel its expansion into new markets. Symphony has closed in on $63 million; and according to sources close to the company, the startup is now valued at […]

Nexla launches data operations platform with $3.5 million investment

 Nexla, a competitor in the TechCrunch Disrupt Battlefield this week in New York City, has more on its plate than simply impressing the judges. It also chose to launch at the event and, while it was at it, announced $3.5 million in funding led by Blumberg Capital with participation from Storm Ventures, Engineering Capital and […]

Google’s new IoT Core service helps businesses manage their IoT data and devices

 Google Cloud launched a new Internet of Things management service today called Google Cloud IoT Core that provides a way for companies to manage IoT devices and process data being generated by those devices. A transportation or logistics firm, for example, could use this service to collect data from its vehicles and combine it with other information like […]

Slack adds screen sharing two years after acquiring Screenhero

 For when a screen shot just won’t cut it, Slack’s paid users can now share live video of their screens during video calls. The addition of the feature comes a slow two years after Slack bought Screenhero, a startup that offered enterprise screenshare, in a cash-and-stock deal for its tech and six employees. The feature […]

Deep Algo offers simple code visualization for people who don’t know how to code

 Deep Algo was one of the more fascinating companies on display in Startup Alley at TechCrunch Disrupt this week. The French team aims to make coding languages more accessible for the massive with SaaS (software as a service) offering that promises to do for languages like C++, C Sharp and Javascript what WYSIWYG does for […]

Salesforce marches steadily toward $10B run rate goal

 Salesforce is on a steady climb toward a $10 billion revenue run rate. And while it’s not quite there yet, its recent, nearly $2.4 billion quarter puts it squarely in the neighborhood. According to the company’s CEO, Marc Benioff, Salesforce’s revenue growth results give it “the fastest growth of any top [five] enterprise software company.” […]

DefinedCrowd is teaching machines to better understand the complexities of language

 What DefinedCrowd offers isn’t particularly easily to distill into a quick elevator pitch. Taking the stage today as part of the Disrupt New York Battlefield, the Washington state-based company deals in complex concepts of machine learning, providing rich data sets for speech and natural language processing systems. Read More Tweet This Post

CrowdStrike, the firm investigating Russian hacks, raised $100M, now valued around $1B

 The business of hacking has dealt a huge blow to our democracy, not to mention a plethora of organizations and individuals, and our collective sense of sanity. One silver lining, however, has been that it has led to the emergence of a number of security startups that are building and deploying a range of tools to try […]

Google.ai aims to make state of the art AI advances accessible to everyone

 On the stage of Google I/O, CEO Sundar Pichai announced Google.ai, a new initiative to democratize the benefits of the latest in machine learning research. Google.ai will serve as a center of Google’s AI efforts — including research, tools and applied AI. The new site will host research from Google and its Brain Team. It also allows […]