November 21, 2024
Headlines

Artificial Intelligence

Dr. Lisa Graham, Seeq’s CEO

Seeq Secures $50 Million in Series D Funding to Drive Next-Generation Industrial Analytics

Editor04 mins

Seeq Corporation, a pioneering leader in industrial analytics and AI-driven monitoring, has successfully closed a $50 million Series D funding round. The round, spearheaded by global investment firm Sixth Street Growth, boosts Seeq’s total funding to approximately $165 million. Significant participation came from existing investors including Insight Partners, Altira Group, Second Avenue Partners, and Saudi…

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Graceview Secures $1.5M in Funding to Revolutionize Compliance with AI

Editor03 mins

Graceview, an innovative leader in AI-driven compliance solutions, has successfully closed a $1.5 million funding round. The investment, spearheaded by Singapore-based entrepreneur Patrick Linton alongside a consortium of tech founders and investors, is set to accelerate the deployment of Graceview’s advanced compliance platform. This platform integrates AI, machine learning, and legal expertise to provide precise,…

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Groq Secures $640M in Series D to Transform AI Inference and Scale Innovation

Editor04 mins

Groq, a frontrunner in the rapidly evolving field of AI inference technology, has successfully closed a $640 million Series D funding round, propelling its valuation to an impressive $2.8 billion. This substantial round was spearheaded by BlackRock Private Equity Partners, with significant contributions from Neuberger Berman, Type One Ventures, and strategic backers including Cisco Investments,…

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Protect AI Secures $60 Million in Series B Funding to Strengthen AI and ML Security

Editor04 mins

Protect AI, a premier provider of security solutions for artificial intelligence (AI) and machine learning (ML) systems, has successfully raised $60 million in its Series B funding round. Evolution Equity Partners spearheaded this financing, with additional backing from 01 Advisors, StepStone Group, Samsung, and continued support from existing investors including Acrew Capital, boldstart ventures, Knollwood…

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illumex.ai Joins Microsoft Copilot for Security Partner Ecosystem to Revolutionize Enterprise Security

Editor04 mins

illumex.ai, the leading platform for structured enterprise data, proudly announces its integration into the Microsoft Copilot for Security Partner Ecosystem. This prestigious inclusion highlights illumex’s expertise with Microsoft Security technologies and its collaborative approach to enhancing security solutions. As a new partner, illumex will contribute its Generative Semantic Fabric to bolster Microsoft Copilot for Security….

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Credo AI Secures $21 Million in Series B Funding, Strengthens Leadership Amid Surge in AI Governance Demand

Editor04 mins

Credo AI, a frontrunner in AI governance solutions, has successfully closed a $21 million Series B funding round, bringing its total funding to $41.3 million. This round saw significant contributions from CrimsoNox Capital, Mozilla Ventures, and FPV Ventures, alongside continued support from Sands Capital, Decibel VC, Booz Allen Hamilton, and AI Fund. The new capital…

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Gradient AI Secures $56 Million in Series C Round to Drive Innovation in AI-Powered Insurance Solutions

Editor06 mins

Gradient AI, a premier enterprise software provider specializing in artificial intelligence for the insurance sector, has successfully closed a Series C funding round, securing $56.1 million. This substantial investment, spearheaded by Centana Growth Partners and supported by existing investors MassMutual Ventures, Sandbox Insurtech Ventures, and Forte Ventures, is poised to significantly bolster the company’s capabilities…

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Monto’s $9 Million Seed Funding to Accelerate U.S. Expansion and B2B Payment Innovation

Editor03 mins

Monto, an Israeli fintech innovator specializing in AI-driven solutions for B2B payments, has announced the successful closure of a $9 million seed funding round. The funding, spearheaded by Scale Venture Partners and complemented by investments from Verissimo Ventures, F2 Venture Capital, Firsthand Alliance, and Room40 Ventures, marks a pivotal step as Monto transitions from stealth…

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Gloo Secures $110 Million to Revolutionize Faith-Based Technology and AI Integration

Editor03 mins

Gloo, the prominent technology platform designed to unite the faith community, has successfully completed a substantial $110 million funding round. This investment is set to enhance the development of Gloo’s platform and its focus on integrating advanced AI capabilities, while also launching Gloo Ventures to expand its influence and impact within the faith ecosystem. Gloo’s…

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Axle Automation Secures $2.5M in Seed Funding to Transform AML Compliance with AI

Editor04 mins

Axle Automation, Inc., a frontrunner in AI-driven compliance solutions, has successfully closed a $2.5 million seed funding round. The investment, spearheaded by Diagram Ventures with contributions from Mistral Ventures, Uphonest Capital, StreamingFast, and other key investors, will accelerate Axle’s mission to revolutionize Anti-Money Laundering (AML) compliance. This significant funding boost will enable Axle to expand…

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