Onfido, a provider of cloud-based identity verification tools, today announced that it raised $100 million in equity financing. CEO Husayn Kassai says the bulk of the fresh capital will be put toward product R&D and global expansion, including further market penetration in North America. “Unlike most tech companies, our first investment check was $20,000 back in 2012, and we made that last…

Awake Security, a cybersecurity platform that analyzes network traffic to identify and assess internal and external threats, has raised $36 million in a series C round of funding led by Evolution Equity Partners. The fresh cash injection comes as cybersecurity officials warn that state-backed hackers and online criminals are taking advantage of the COVID-19 crisis. The pandemic has led millions…

Under ideal circumstances, a smartphone’s AI assistant can not only understand the words you’re saying but also the appropriate context they’re meant in, such as the difference between answering “when will 2020 be over” in either a number of days, or the remaining hours until a 24-hour clock strikes 20:20. But context awareness can be challenging for AIs, which is why researchers are…