Sunday October 25, 2020

Axonius wants to help businesses manage all of their devices; raises $4M seed round

 Axonius wants to help enterprises manage their fast-growing number of mobile, compute and IoT devices that now use their networks and in the cloud. The idea here is to provide these companies with a single platform that allows them to see which devices are active on their networks and control them. This, in turn, enables […]

Tetra raises a $1.5M seed round to bring deep learning to voice transcription

 There are a million and one services for voice transcription on the market. But even with just one job to do, I’ve never seen a service that can handle the long tail of vocabulary used in the real world. This is particularly challenging if you’re a startup trying to sell your service to enterprises that […]

Slack is raising a $250 million round at $5 billion valuation

 Enterprise messaging service Slack is raising a $250 million round at a $5 billion valuation, TechCrunch has confirmed. We’re hearing that SoftBank, Accel Partners and other existing investors participated. The $250 million financing amount was reported by Bloomberg. Axios first had the names of the lead investors. Recode originally reported on a $500 million round […]

Canada’s Assent Compliance raises $31.4M Series B round to help businesses stay in compliance

 Assent Compliance isn’t in a sexy space. The company focuses on helping enterprises collect the necessary data to keep their global supply chains in compliance with local and international regulations. But while that may not sound like the most exciting space to be in, the company today announced that it has raised a $40 million […]

Algorithmia raises $10.5M Series A round led by Google’s new AI fund

 Word recently spread that Google had quietly launched a new fund for investing into AI companies. Now this fund has made its first (or at least its first public) investment, leading a $10.5 million Series A into Algorithmia, a marketplace and enterprise solution that allows developers to easily tap into its catalog of 3,500 algorithms, […]

Slack is reportedly raising another huge $500M round of funding

 Slack is in the midst of raising another $500 million in financing at what could be a $5 billion valuation — money it will likely critically need as it goes after major corporate clients and construct a functional business — according to a report by Recode. Slack also got some interest with a $9 billion […]

Data management startup Rubrik confirms $180M round at a $1.3B valuation

 Rubrik, a startup that provides data backup and recovery services for enterprises across both cloud and on-premises environments, has closed a $180 million round of funding that values the company at $1.3 billion. The news confirms a report we ran earlier this week noting that the company was raising between $150 million and $200 million. […]

Aiden closes $750,000 seed round in its quest to amplify marketers

 Aiden, a London-based startup building a machine learning-powered personal assistant to save mobile marketers time and money, closed a $750,000 seed round today from Kima Ventures and a number of angels, including Nicolas Pinto, Pierre Valade and Jonathan Wolf. The team first demoed the capabilities of its service on the stage of TechCrunch Disrupt as […]

InsideSales $50 million round includes another Microsoft investment

 InsideSales, a predictive analytics platform which helps salespeople focus on finding and engaging prospects at the right time and in the right way, announced a $50 million round today with a couple of strategic investors — Microsoft and the Irish government. The round was led by Polaris Capital, a long time investor, along with newcomers QuestMark […]

With a $1.5M seed round, Eloquent Labs mixes AI and Mechanical Turk to fix customer service

 Keenon Werling would be the first to agree that conversational AI is regularly overhyped. So instead of taking the traditional approach and gloating about a glitzy new deeper learning algorithm to pitch his new venture Eloquent Labs, Werling instead opted to differentiate by optimizing something far more low-tech, people. The startup’s special sauce is embracing a mix of AI,… Read […]