Maria Deutscher
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Snap acquires AR optical parts maker WaveOptics for reported $500M+
Snapchat operator Snap Inc. is spending more than $500 million to acquire Wave Optics Ltd., better known as WaveOptics, a U.K.-based maker of displays and other optical components for augmented reality glasses. The deal was reported by The Verge this morning. According to the publication’s sources, Snap will pay half the acquisition price upfront and ...
Intel and Dell back $90M round for data access security specialist Immuta
Data security startup Immuta Inc. has raised $90 million from a large group of investors that included the venture capital arms of Dell Technologies Inc. and Intel Corp., it was announced today. Immuta provides a software platform that helps companies prevent unauthorized access to their data. Traditionally, data access rules have often had to be ...
Google reveals plans for first physical store in new consumer hardware push
Google LLC today revealed plans to open a retail location in New York, its first-ever physical store, where visitors will have the opportunity to test and purchase devices from the search giant’s consumer hardware lineup. Google’s inaugural Google Store (pictured) is being set up in the Chelsea neighborhood of Manhattan, home to many of the ...
Demand Science acquires TrustedOut as it advances toward $100M in revenue
Demand Science Inc. has acquired TrustedOut SAS, a French startup with an artificial intelligence platform that helps companies monitor market developments and plan advertising campaigns. The company announced the deal today. It’s the fifth acquisition in seven months for Danvers, Massachusetts-based Demand Science, which provides sales tools aimed at enterprise technology companies and other firms. ...
ServiceNow doubles down on cybersecurity with expanded Microsoft alliance
ServiceNow Inc. introduced new integrations with Microsoft Corp. products during its Knowledge 2021 virtual conference today that promise to make enterprises’ cybersecurity operations more efficient. In the big picture, the features will also enhance the company’s “platform of platforms” value proposition for large enterprises. Publicly traded ServiceNow provides a cloud platform for managing a company’s ...
New $120M round doubles AI startup ASAPP’s valuation to $1.6B
ASAPP Inc., a startup taking what it says is a research-driven approach to developing artificial intelligence products for the enterprise, has raised $120 million at a $1.6 billion valuation. The startup secured the capital through a Series C round announced today that was led by Fidelity Management. ASAPP’s new $1.6 billion valuation is twice as ...
UiPath builds AI-driven task mining engine into its RPA platform
Newly public UiPath Inc. today debuted an artificial intelligence module that points out manual business processes enterprises should automate and provides useful related data. The module is arriving as part of UiPath Platform 21.4, a significant new release of the company’s robotic process automation platform that was detailed today. Other highlights include security controls for managing large ...
In major refresh at I/O, Google Workspace gets ‘smart chips’ and ‘pageless’ documents
Google LLC today debuted “smart chips” for Google Workspace that will enable users to enhance their documents with interactive elements such as polls and pop-up previews of other documents. The feature is rolling out as part of a broad update to the productivity suite that Javier Soltero (pictured), vice president and general manager of Google ...
After 75M downloads, cloud-native authorization startup Styra raises $40M
Styra Inc., the startup behind a ubiquitous piece of open-source software used to secure containerized applications, has raised $40 million in funding to help it double its headcount this year and win more customers. Battery Ventures led the round, the startup disclosed in its funding announcement today. Styra’s open-source Open Policy Agent tool is downloaded ...
Artificial lands Microsoft-led $21.5M round for its lab automation software
Life sciences software startup Artificial Inc. today disclosed that it has reeled in a $21.5 million funding round led by Microsoft Corp.’s M12 venture capital arm. The investment comes as Microsoft increasingly prioritizes the healthcare sector not only with its startup investment decisions, but also with product strategy. Artificial, based in Palo Alto, California, sells ...