Maria Deutscher
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Cryptocurrency exchange operator FTX launches $2B venture fund
FTX Trading Ltd., a major cryptocurrency exchange operator, today announced that it’s launching a $2 billion venture fund to back companies and projects in the digital asset ecosystem. In a statement, FTX Chief Executive Officer Sam Bankman-Fried said that “our investors at FTX have made a deep impact in supporting our growth and development. We ...
Lucidworks debuts Springboard platform to power line of cloud search applications
Lucidworks Inc. today introduced a cloud platform dubbed Springboard,that will make it easier for enterprises to add search features to their applications and websites. Springboard will power a line of software-as-a-software search applications optimized for specific use cases, such as navigating e-commerce catalogs. San Francisco-based Lucidworks is best known as the maker of the Fusion ...
SoSafe nabs $73M funding round for its phishing simulation platform
SoSafe GmbH today announced that it has raised $73 million in funding to expand the adoption of its namesake cloud platform, which helps companies train their employees to spot phishing attacks. Phishing attacks are a type of cyberattack whereby hackers target a company’s employees with malicious emails designed to appear as legitimate messages. Because they’re ...
Sales enablement startup Highspot raises $248M at $3.5B valuation
Sales software maker Highspot Inc. today said that it has raised a $248 million funding round after growing revenues nearly tenfold over the last three years. B Capital Group and D1 Capital Partners, both new investors in Highspot, led the round. The Seattle-based startup said that ICONIQ Growth, Madrona Venture Group, Salesforce Ventures, Sapphire and ...
Data collaboration startup Observable raises $35.6M funding round
Observable Inc., the developer of a cloud-based platform for visualizing and analyzing data, today announced that it has raised a $35.6 million funding round led by Menlo Ventures. The investment also included the participation of Sequoia Capital and Acrew Capital. San Francisco-based Observable has raised a total of $46.1 million in funding to date. Observable ...
Autonomous delivery startup Nuro debuts new self-driving vehicle
Autonomous delivery startup Nuro Inc., which reportedly received a $8.6 billion valuation last year, today introduced a new self-driving vehicle that will be used to ferry groceries and other goods to consumers. The vehicle (pictured) can transport about 24 bags of groceries at a maximum speed of 45 miles per hour. Merchandise is stored in ...
Location analytics startup Placer.ai closes $100M investment at $1B valuation
Startup Placer.ai, which helps retailers analyze foot traffic at their stores to identify opportunities for business growth, today revealed that it has closed a $100 million funding round at a $1 billion valuation. The funding round was led by Josh Buckley, chief executive officer of the popular technology website Product Hunt. Several other angel investors ...
Payments startup Checkout.com soars to $40B valuation after $1B funding round
London-based payments processing provider Checkout.com is now one of the most valuable startups in the financial technology market after raising a new $1 billion funding round. Checkout.com, officially Checkout Ltd., announced the funding this morning. Including its latest $1 billion funding round, Checkout.com has raised $1.8 billion since launch. The startup said the primary investors in ...
AIOps startup BigPanda raises $190M at $1.2B valuation
BigPanda Inc., a fast-growing startup competing in the AIOps segment of the enterprise software market, today said that it has closed a $190 million funding round at a $1.2 billion valuation. Advent International and Insight Partners co-led the round. AIOps is the term for software tools that use artificial intelligence to automate some of the ...
Aptiv acquires IoT operating system maker Wind River for $3.4B
Auto parts giant Aptiv PLC is buying Wind River Systems Inc., a firm whose software runs on 2 billion “internet of things” devices, in a $3.4 billion acquisition announced today. Aptiv is acquiring the company from TPG Capital, the private equity arm of investment firm TPG. TPG Capital, in turn, bought Wind River from Intel ...