Maria Deutscher
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Halcyon nabs $100M to block ransomware with capsule neural networks
Halcyon Tech Inc., a startup using capsule neural networks to fend off ransomware attacks, today announced that it has closed a $100 million Series C round. Evolution Equity Partners led the investment. It was joined by Bain Capital Ventures, Dropbox Ventures and other institutional investors, including several of Halcyon’s existing backers. The Austin-based software maker ...
Developer tooling startup Tempest launches with $3.2M in funding
Tempest Inc., a startup that helps developers manage technical resources such as databases, launched today with $3.2 million in seed funding. Abstract Ventures led the round. It was joined by Box Group, Background Capital and several angel investors including Instacart Inc. co-founder Max Mullen. San Francisco-based Tempest is led by Chief Executive Officer Ken Kouot. ...
AI chip startup MatX reportedly raises $80M funding round
MatX Inc., a chip startup led by former Google LLC engineers, has reportedly raised $80 million in fresh funding. TechCrunch today cited sources as saying that Anthropic PBC backer Spark Capital led the investment. The raise, which is described as a Series B round, reportedly values MatX at more than $300 million. The milestone comes ...
Amazon to invest another $4B in Anthropic as part of AI, chip collaboration
Amazon.com Inc. today detailed plans to double its investment in Anthropic PBC to $8 billion. The announcement of the latest $4 billion cash infusion comes about a year after the cloud and retail giant disclosed its first $4 billion commitment to Anthropic. At the time, the OpenAI rival named Amazon Web Services as its primary ...
KKR leads $370M investment in hotel analytics provider Lighthouse
Lighthouse Intelligence Ltd., a startup with a suite of analytics tools for hotel operators, today announced that it has secured a $370 million investment led by KKR. The deal reportedly closed at a valuation exceeding $1 billion. It follows a $80 million Series B round in 2021. London-based Lighthouse provides a set of software tools ...
Wiz acquires cybersecurity startup Dazz for reported $450M
Wiz Inc. is acquiring Dazz Inc., a cybersecurity startup that helps enterprises find vulnerabilities in their code. The companies didn’t disclose the financial terms in their announcement of the deal today. However, sources told TechCrunch that the transaction values Dazz at $450 million. The startup was valued at about $400 million after its most recent ...
Justice Department asks federal judge to order that Google sell Chrome
The U.S. Justice Department has asked a federal judge to order that Google LLC offload its Chrome browser. The request was included in a court filing that became public late Wednesday. The document also proposes other antitrust measures, including that Google change some of its business practices in the search market. The Alphabet Inc. unit ...
Google Cloud introduces AI agent ecosystem program
Google LLC today introduced a new ecosystem program designed to help partners build artificial intelligence agents on its cloud platform. The company will also help partners sell the agents they develop. To that end, it’s adding a new product section to the Google Cloud Marketplace. AI agents are large language models customized to perform a ...
ERP provider Odoo valued at €5B in secondary sale
Odoo SA, a provider of enterprise resource planning software, today announced that investors have bought €500 million worth of its shares in a secondary sale. Alphabet Inc.’s CapitalG startup fund and Sequoia Capital led the consortium that made the purchase. The sellers, in turn, included Odoo investors Summit Partners, Noshaq and Wallonie Entreprendre. The deal ...
Observability provider LogicMonitor raises $800M at $2.4B valuation
LogicMonitor Inc. has raised $800 million from investors to enhance its observability platform and make acquisitions. The software maker announced the funding round today. It said the deal, which included the participation of PSG, Golub Capital and other backers, closed at a $2.4 billion valuation. That’s nearly $2 billion more than what Vista Equity Partners, ...