Enterprise

Augury raises $73M on a $1B+ valuation for AI to detect malfunctions in factory machines

Enterprise /

As companies like Nvidia and SoftBank make industrial robotics into a key focus for future R&D, a startup has raised funding today for another facet of how AI is being used on the factory room floor. Augury, which develops AI-based hardware that measures vibrations, sound, temperature and other factors to understand how machines are working […]

Augury raises $73M on a $1B+ valuation for AI to detect malfunctions in factory machines Read More »

Amazon, Microsoft, and Exxon want to make scandal-plagued carbon markets more trustworthy

Enterprise /

Amazon, Exxon, and Microsoft have joined a new task force to burnish the image of scandal-plagued voluntary carbon markets. The task force, organized by the Bipartisan Policy Center think tank, is hoping to improve credibility of voluntary carbon markets, studying the status quo and drafting “policy recommendations for how the federal government can promote fair,

Amazon, Microsoft, and Exxon want to make scandal-plagued carbon markets more trustworthy Read More »

Seagate acquires Intevac, which makes equipment for hard disk drives, for $119M

Enterprise /

Seagate, the data storage company, has announced its intent to acquire Intevac, a hard drive equipment producer, in an all-cash deal worth $119 million. Seagate said on Thursday that it’ll pay $4 per share in a tender offer for Intevac, which is publicly traded. Seagate will initially purchase a minimum of “at least one share

Seagate acquires Intevac, which makes equipment for hard disk drives, for $119M Read More »

CyberArk snaps up Zilla Security for up to $175M

Enterprise /

Identity security company CyberArk has acquired identity governance and administration (IGA) platform Zilla Security in a deal worth up to $175 million. Founded in 1999, Boston-based CyberArk specializes in access management, including privileged access security which helps organizations protect sensitive data and critical infrastructure from external (and internal) threats. Zilla, for its part, is another

CyberArk snaps up Zilla Security for up to $175M Read More »

Former Oracle Cloud exec Don Johnson takes over as Docker’s new CEO

Enterprise /

Developer tooling and containerization company Docker has a new CEO: Former Oracle Cloud Infrastructure (OCI) executive vice president Don Johnson (pictured above) landed in the hotseat starting Wednesday. Incumbent Scott Johnston will leave the company with immediate effect. During his eight-year spell at Oracle, Johnson was instrumental in transitioning the company from its legacy on-premise

Former Oracle Cloud exec Don Johnson takes over as Docker’s new CEO Read More »

Security compliance firm Drata acquires SafeBase for $250M

Enterprise /

Drata, a security compliance automation platform that helps companies adhere to frameworks such as SOC 2 and GDPR, has acquired software security review startup SafeBase for $250 million. SafeBase co-founders Al Yang (CEO) and Adar Arnon (CTO) will retain their roles, and SafeBase will continue to offer a standalone product while bringing its core solutions to

Security compliance firm Drata acquires SafeBase for $250M Read More »

AI-driven manufacturing database Keychain raises $5M for European push

Enterprise /

Brands are constantly trying to streamline how they source packaging materials and ingredient suppliers for their products in order to quickly meet consumer demand. However, even today this process can involve some laborious wandering around trade shows. Keychain is an AI-powered platform that aims to quickly connect the consumer packaged goods (CPG) industry with manufacturing

AI-driven manufacturing database Keychain raises $5M for European push Read More »