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AI

Business process automation firm Hyperscience raises $100M in late-stage round

By Mike Wheatley Dec 22, 2021

Human-centered automation startup Hyperscience Inc. said today it has closed on a $100 million late-stage funding round that was led by existing investors Global Founders Capital, Tiger, Stripes and Bessemer. The Series E round…

Big Data

GPU-accelerated data analytics startup Brytlyt raises $5M

By Mike Wheatley Dec 22, 2021

British data analytics and visualization technology startup Brytlyt Ltd. revealed today that it has closed on a $5 million round led by AlbionVC. Existing investors Amadeus Capital Partners and Finch Capital also participated in the…

Security

As new scanning tool is released, China suspends partnership with Alibaba over Log4j

By Duncan Riley Dec 22, 2021

The Chinese government has suspended a partnership with Alibaba Group Holding Ltd. over the Apache Log4j vulnerability as a new open-source scanning tool has been released to help businesses identify affected services. China’s Ministry…

Cloud

AWS cloud suffers a third major outage this month

By Mike Wheatley Dec 22, 2021

Amazon Web Services Inc.’s cloud computing operation suffered another outage Wednesday morning – its third this month – causing a huge number of online services to briefly shut down. AWS reported through its status…

Apps

Skillsoft buys coding education platform Codecademy for $525M

By Maria Deutscher Dec 22, 2021

Publicly traded digital learning provider Skillsoft Corp. is acquiring Codecademy, the operator of a popular education platform that helps users learn how to program. The companies announced the transaction today. The acquisition values Codecademy,…

Policy

Amid Omicron concerns, RSA Conference postponed and tech giants scrap CES plans

By Maria Deutscher Dec 22, 2021

Concerns about the rapid spread of the new Omicron COVID-19 variant have led organizers of the RSA Conference to postpone the event, while several major tech firms earlier canceled plans to exhibit at CES. …

Cloud

Low-code development startup Retool raises $20M at $1.85B valuation

By Maria Deutscher Dec 22, 2021

Retool Inc., the maker of a low-code software development platform used by companies such as Amazon.com Inc., today said that it has closed a $20 million funding round at a $1.85 billion valuation. The…

Emerging Tech

Space Metaverse raises $7M to build virtual worlds for arts and commerce

By Kyt Dotson Dec 22, 2021

Space Metaverse today announced it has raised $7 million in a funding round to develop its metaverse project that allows users to design and their own virtual commerce spaces for gaming, arts, fashion, music…

Emerging Tech

PitchBook predicts agtech and AI will lead emerging technology funding in 2022

By Duncan Riley Dec 22, 2021

PitchBook Data Inc., the go-to company for data and research concerning technology companies, today released some interesting emerging technology predictions for 2022 — led, perhaps surprisingly, with agriculture. For the year ahead, PitchBook predicts,…

People

OnlyFans founder steps down, replaced by the company’s marketing chief

By James Farrell Dec 21, 2021

Tim Stokely, the founder of the content subscription service OnlyFans, announced today that he’s relinquishing his position as chief executive and will be replaced by marketing chief Amrapali Gan. Stokely took to Instagram today…

the latest

Business process automation firm Hyperscience raises $100M in late-stage round

GPU-accelerated data analytics startup Brytlyt raises $5M

As new scanning tool is released, China suspends partnership with Alibaba over Log4j

Skillsoft buys coding education platform Codecademy for $525M

Amid Omicron concerns, RSA Conference postponed and tech giants scrap CES plans

Space Metaverse raises $7M to build virtual worlds for arts and commerce

PitchBook predicts agtech and AI will lead emerging technology funding in 2022

OnlyFans founder steps down, replaced by the company’s marketing chief

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