Port, a trailblazer in the realm of internal developer portals, has successfully raised $35 million in a Series B funding round, bringing its total funding to $58 million. The round was spearheaded by Accel, with notable participation from Bessemer Venture Partners, alongside existing investors including Team8 and TLV Partners. This substantial investment follows Port’s impressive…
In a significant advancement for the realm of generative AI, Galileo has announced the completion of a $45 million Series B funding round, led by Scale Venture Partners. This marks the largest Series B investment to date in AI evaluation and observability, following an impressive 834% revenue growth for the company in 2024 and its…
In a remarkable move for the venture capital community, Swell VC has successfully closed its second fund with commitments reaching $11.5 million. This achievement highlights the firm’s distinctive approach and the growing trust of its investors, which include seasoned founders, family offices across various sectors, and executives from Fortune 500 companies. Amid a backdrop of…
Avassa, a pioneering Swedish edge application management and operations platform provider, has successfully closed a new investment round, welcoming H&M Group as a strategic investor. This collaboration aims to modernize IT operations in brick-and-mortar stores, marking a significant step in the retail sector’s evolution. The advent of edge computing is transforming enterprises by enabling data…
In a significant leap for enterprise technology, xtype has announced the successful completion of a $21 million Series A funding round. The investment, led by Norwest Venture Partners and supported by ServiceNow Ventures, along with returning investors Columbia Capital and Inner Loop Capital, highlights the increasing confidence in xtype’s innovative solutions tailored for the ServiceNow…
At The Times Magazine, we are thrilled to announce an exciting new initiative that aims to honor and celebrate the exceptional achievements of women leaders from around the globe. Our special feature, “The Global She,” will spotlight outstanding women across various sectors, recognizing their contributions to business, technology, and society as a whole. This is…
Vsim, a groundbreaking simulation startup co-founded by former Nvidia executives, has successfully raised $21.5 million in a seed funding round. The investment was spearheaded by EQT Ventures and supported by notable participants including Factorial Fund, Samsung Next, Tru Arrow, Xora, a subsidiary of Temasek, IQ Capital, Koro Capital, Concept Ventures, Lakestar Scout Fund, and investor…
Berlin-based startup SIRIUS has successfully secured $4 million in Seed funding, aimed at revolutionizing online music education. Founded in 2020, SIRIUS has emerged as a beacon for both aspiring musicians and educators, addressing the critical challenges faced by 91% of self-employed music teachers and students battling long wait times in urban areas. Traditional online music…
In a significant advancement for organizational efficiency, software startup Wegrow has successfully raised €7 million in a Series A funding round. This infusion of capital will bolster Wegrow’s AI-powered platform, designed to help companies avoid the pitfalls of redundant work by facilitating the sharing and reuse of best practices across various business functions and geographical…
In a significant move for the mobile app development sector, ContextSDK has successfully raised $4 million in Seed funding to enhance its innovative use of Edge AI technology. This breakthrough approach aims to automatically interpret user signals collected from smartphones, allowing applications to adapt to the real-world context of their users while prioritizing privacy. Understanding…
