Ability AI, a trailblazing martech startup based in Ukraine, announced a significant milestone in its journey towards revolutionizing digital marketing with the aid of autonomous AI agents. The company has secured $1.1 million in pre-seed funding to further develop its innovative platform designed to streamline and enhance the efficiency of paid marketing campaigns. Navigating the…
Gradial, an enterprise software company pioneering AI-driven agentic marketing operations, has raised $35 million in Series B funding, the company said on Wednesday. The round was led by growth equity firm VMG Partners, with participation from returning investors Madrona and Pruven Capital, bringing total funding to $55 million since launch. The latest capital injection underscores…
Infinitus Systems, Inc., the trailblazer in automating manual healthcare phone operations, has successfully raised $51.5 million in Series C funding, spearheaded by Andreessen Horowitz. This investment round also includes participation from Memorial Hermann Health System and existing investors such as Kleiner Perkins, Coatue, and GV (Google Ventures), bringing the company’s total funding to an impressive…
The widespread adoption of generative AI is fundamentally reshaping global business strategies, according to a comprehensive survey conducted by Bain & Company. The research reveals that nearly 9 out of 10 companies have either implemented or are currently piloting generative AI technologies, marking a significant surge in adoption across various industries. Bain’s latest proprietary survey…
In a significant stride towards revolutionizing cloud infrastructure management, Eon has officially launched after a successful stealth phase, securing an impressive $127 million in funding. The company introduces an innovative cloud backup solution designed to streamline backup posture management for enterprises, positioning itself as a frontrunner in the burgeoning cloud infrastructure market. Founded in January…
Adonis, a pioneering force in healthcare financial technology headquartered in New York City, has announced a significant milestone with the successful closure of a $31 million Series B funding round. The financing was led by Point72 Private Investments, with participation from new investor Kin Ventures, alongside existing supporters General Catalyst, Bling Capital, and Max Ventures….
In a significant move poised to reshape the life and annuity (L&A) insurance technology landscape, Zinnia, a leading innovator in the sector, has successfully raised $300 million in strategic financing from Vista Credit Partners, a subsidiary of Vista Equity Partners. This funding marks a pivotal moment for Zinnia, enabling it to accelerate its market penetration…
STAG Industrial, Inc. (NYSE: STAG) has announced the appointment of Vicki Lundy Wilbon to its esteemed Board of Directors, effective July 1, 2024. Ms. Wilbon brings a wealth of experience in the real estate sector, serving since 1995 at The Integral Group LLC, a prominent firm specializing in urban revitalization through master planned developments. As…
Appian (Nasdaq: APPN), a leader in process automation software, has appointed Manuel Melles as Regional Vice President (RVP) for Partners in Central Europe. Melles will spearhead Appian’s efforts to expand partnerships and drive business growth across Germany, Austria, Switzerland (DACH), and France, focusing on delivering transformative process automation solutions to customers. With over 20 years…
Amsterdam-based Aquablu, the pioneer in smart hydration solutions, has successfully closed a €7 million Seed funding round aimed at accelerating its international growth, expanding research and development, and enhancing automation across its smart water dispenser platform. This milestone funding round was notably led by Frans van Houten, former CEO of Philips, who made a memorable…
