ControlUp, a startup leveraging AI to help IT teams remediate problems with on-premise, hybrid, and cloud infrastructure, today raised $27 million in funding. The company says the investment will enable it to expand its platform and market presence to monitor user experiences for office and work-from-home deployments.
Technology like remote desktop software that allows teams to stay connected…
What enterprise CISOs need to know about AI and cybersecurity
November 26, 2020
Hari Sivaraman is the Head of AI Content Strategy at Venturebeat.
Modern day enterprise security is like guarding a fortress that is being attacked on all fronts, from digital infrastructure to applications to network endpoints.
That complexity is why AI technologies…
Deepfence nabs $9.5 million to build AI shields for cloud workloads
November 26, 2020
Deepfence, a startup developing a cybersecurity platform focused on protecting cloud-native workloads, today nabbed $9.5 million in funding. The 10-employee company says this investment follows a year in which its revenues and customer base more than doubled.
Some 20% of…
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…
