Tel Aviv-based K Health today closed a $42 million series D round to grow its telemedicine offering, bringing its total raised to date to $139.3 million. Beyond the fundraising, the 250-employee company announced it will collaborate with the Mayo Clinic to integrate the health system’s Clinic Data Analytics Platform, which includes clinical decision support tools for Mayo Clinic patients and…
IBM acquires Instana for its AI-powered app performance monitoring
November 26, 2020
IBM today acquired Instana, a German-American software firm that specializes in developing application performance management software. The acquisition represents IBM’s continued investment in hybrid cloud, big data, and AI capabilities. Terms of the deal weren’t…
Cogito raises $25 million to analyze phone calls with AI
November 26, 2020
Boston-based call analytics startup Cogito today closed a $25 million convertible debt round led by Goldman Sachs Growth Equity, Salesforce Ventures, and other new and existing investors. The company says this latest capital will be used to expand its go-to-market efforts…
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Abacus.AI raises $22 million to automate AI model creation, deployment, and maintenance
November 26, 2020
Abacus.AI (previously RealityEngines) is developing a service that automates machine learning model creation, deployment, and maintenance. Today the company raised $22 million in a series B round at an over $100 valuation. The round was led by Coatue, with participation from…
Google today announced the launch of Tree Canopy Lab for Los Angeles, a tool that combines AI and aerial imagery to help cities see their current tree canopy coverage and plan future tree-planting projects. Google says that Tree Canopy Lab, which is a part of the company’s…
Autodesk acquires Spacemaker for $240 million to boost AI development for designers
November 26, 2020
Autodesk today announced that it has acquired Oslo-based Spacemaker for $240 million. While Autodesk CEO Andrew Anagnost said he’s excited about the potential for Spacemaker to aid urban planning, he also believes the startup’s underlying technology will help catalyze AI development across his company.
Autodesk has been pioneering next-generation technology for designers for almost four…
Boston-based DataRobot, a startup developing an end-to-end enterprise AI platform, today raised $270 million in an equity funding round led by Altimeter Capital. DataRobot says the pre-IPO round — which included new and existing investors T. Rowe Price, Blackrock…
EdgeQ emerges from stealth to bring AI to the edge with 5G
November 26, 2020
EdgeQ, a startup developing 5G systems-on-chip, today emerged from stealth with $51 million in funding. The 90-employee company says the fresh capital will accelerate its go-to-market efforts as it moves toward mass production of its chipset products.
With a team of…
AliveCor raises $65 million to detect heart problems with AI
November 26, 2020
AliveCor, a startup developing algorithms that detect atrial fibrillation, bradycardia, tachycardia, and other health issues from heart rate readings, today raised $65 million in funding. The company says the proceeds will be used to bolster go-to-market efforts as AliveCor kicks off a partnership with Omron to provide at-home blood pressure monitoring tech to customers.
Over the past few months…