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Passbolt raises $8M to modernize password and credential access management
Passbolt SA, the developer of credential and password access management software for organizations, said Thursday it has raised $8 million in early-stage funding to help companies meet complex securities needs when handling passwords. The Series A round was led by new investor Airbridge Equity Partners and joined by existing investors Expon Capital’s Digital Tech Fund, ...
Google joins forces with HTC Vive to boost Android XR Development
Google LLC announced today that it’s acquiring parts of HTC Corp. Vive’s engineering team to accelerate the development of its new Android XR operating system for virtual reality and extended reality headsets. The new OS, which Google developed in partnership with Samsung Electronics Co. Ltd. and Qualcomm Technologies Inc., represents a new operating system for ...
Google announces new Chrome Web Store for enterprise browser extension control
Chrome extension management can burden many security teams when employees install them on their computers. To lighten that burden, Google LLC today announced a new curated Chrome Web Store for enterprise businesses that will give them greater control and visibility over browser extensions. The new Chrome Web Store, part of Chrome Enterprise Core, allows employees ...
Qdrant launches hardware-independent, GPU-accelerated vector indexing capability
Qdrant, the developer of a high-performance open-source vector database, today introduced its graphics processing unit accelerated vector indexing capability that will make scaling up artificial intelligence applications easier. A vector index is a data structure used in information retrieval to store and pull out high-dimensional data, or a dataset with many features or variables, more ...
Google announces new educational features for Chromebooks and Workspace
In a bid to bring more personalized learning experiences to educators and students, Google LLC said today it’s bringing more tools and features to Workspace for Education and its Chromebook laptops. Workspace for Education is a collection of tools for schools and universities to improve learning and collaboration. It includes cloud-based apps such as Gmail, ...
Stablecoin issuer Circle buys Hashnote crypto money-market fund manager
Circle Internet Group Inc., the issuer of the $48 billion USD Coin stablecoin, today announced the acquisition of Hashnote Management LLC, a company that provides a tokenized money market fund with nearly $1.3 billion in assets. Circle said as part of the deal it will integrate USDC with Hashnote’s US Yield Coin, which allows investors ...
Delivery management platform Package.ai raises $14M for ‘Uber-like’ customer experience
Package.ai, a platform that provides artificial intelligence-based delivery for retail operations and customer service, said today it has raised $14 million in a early-stage funding round led by Susquehanna Growth Equity. Founded in 2017 in Tel Aviv, Package.ai delivers what it calls the “full package” for retail operations using AI-enabled tools by combining high-touch customer ...
AI-powered robotics startup Sereact raises €25 million
German artificial intelligence robotics startup Sereact GmBH today announced it raised €25 million, about $26 million, to accelerate the development of its AI models for robots and its robotics platform. The funding came from a Series A funding round led by Creandum, with participation from existing investors Point Nine and Air Street Capital. Founded in ...
In challenge to TikTok, Bluesky and X roll out dedicated vertical video feeds
Social media sites X Corp. and Bluesky have announced new dedicated vertical video feeds, similar to Instagram Reels, YouTube’s Shorts and TikTok videos. Both announcements came Sunday evening after TikTok went dark briefly late Saturday. The Chinese-owned social media service parent company ByteDance had taken it offline in accordance with an upcoming ban in the ...
Phantom cryptocurrency wallet raises $150M at $3B valuation
Cryptocurrency wallet provider Phantom Technologies Inc. has raised $150 million in a new funding at a $3 billion valuation. The Series C round was led by Sequoia Capital and Paradigm. Andreessen Horowitz’s a16z crypto venture capital arm and Variant also participated in the round, which was announced Wednesday. Crypto wallets are essential to the cryptocurrency industry because ...