funding

Colab’s collaborative tools for engineers line up $21M in new funding

Engineers Adam Keating and Jeremy Andrews were tired of using spreadsheets and screenshots to collab with teammates — so they launched a startup, Colab, to build a better way. The two met as undergraduates at Memorial University of Newfoundland, where they studied mechanical engineering together. While they were completing their last internships prior to graduating

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Retell AI lets companies build ‘voice agents’ to answer phone calls

Call centers are embracing automation. There’s debate as to whether that’s a good thing, but it’s happening — and quite possibly accelerating. According to research firm TechSci Research, the global market for contact center AI could grow to nearly $3 billion in 2028, from $2.4 billion in 2022. Meanwhile, a recent survey found that around

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Controversial drone company Xtend leans into defense with new $40 million round

Close to a decade ago, brothers Aviv and Matteo Shapira co-founded a company, Replay, that created a video format for 360-degree replays — the sorts of replays that have become part and parcel of major sports broadcasts. Replay caught the attention of Intel, which acquired the company in 2016 for a  reported $175 million, and

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Legion’s founder aims to close the gap between what employers and workers need

While taking a long road trip across the U.S. years ago, Sanish Mondkar realized that there were stark, problematic disconnects between employers and the staff they employ. To critics of late-stage capitalism, that might sound like an obvious observation. But Mondkar, who has a master’s in computer science from Cornell, says that seeing the issues

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Rad AI, a startup that helps radiologists save time on report generation, raises $50M Series B from Khosla Ventures

In 2017, Vinod Khosla told CNBC that the job “of the radiologist will be obsolete in five years.” While the founder of Khosla Ventures later revised that timeline to as long as 15 years, he maintained that AI image recognition could soon diagnose disease on scans better than human doctors.  Seven years later, radiologists are

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Daloopa trains AI to automate financial analysts’ workflows

Thomas Li was working at Point72, the hedge fund founded by notorious investor Steve Cohen, when he realized that the financial industry relies heavily on manual data entry processes that could be prone to errors. “As a buy-side analyst, I felt the pain of manually sourcing and entering data to build and update financial models,”

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DocuSign acquires AI-powered contract management firm Lexion

As DocuSign reportedly explores a sale to private equity, it’s acquiring a company itself. On Monday, DocuSign (which now prefers to go by Docusign, with a lowercase “S,” a PR rep from the company tells me) announced that it’s buying Lexion, a contract workflow automation startup, for $165 million. The purchase comes as DocuSign makes increasing investments

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SafeBase taps AI to automate software security reviews

Entrepreneurs Al Yang and Adar Arnon met at Harvard Business School and quickly realized that they had an interest in common: cybersecurity. “We’ve witnessed an evolving business climate that brought along with it an unprecedented need for improved security processes,” Arnon told TechCrunch. “Security’s importance has increased exponentially … [it’s] non-negotiable for technology buyers.” Yang

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Diddo’s new funding will bring its shoppable TV API to streaming platforms

Diddo is an API for streaming services and other platforms to integrate shoppable videos, enabling consumers to buy their favorite characters’ clothing and accessories directly on their screens. The company announced Wednesday that it raised $2.8 million in seed funding. Diddo was founded in late 2022 by Rishi Nair, Ryan Sullivan and Pamela Chen, and

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