funding

German computer scientists raise $30 million to help companies make sense of their data

Startups /

It’s not easy for organizations to become data-driven, despite the aspirations many have to get there. Even orgs with data analytics teams often struggle to make effective use of their data. According to a recent Gartner survey, fewer than half of data and analytics leaders say their teams are effective in providing value to their […]

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Lineaje raises $20M to help organizations combat software supply chain threats

Fundraising /

The software supply chain faces threats from all sides. A 2024 report by the Ponemon Institute found that over half of organizations have experienced a software supply chain attack, with 54% having experienced one within the past year. Supply chain attacks typically target services from third-party vendors or open source software that make up a

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Luxury fashion startup The Floorr empowers personal stylists with tools to grow their businesses

Apps /

The Floorr launched earlier this year to shake up the digital styling experience by empowering personal shoppers and stylists to manage and expand their businesses in an increasingly competitive environment. Available on the web and iOS devices, The Floorr offers tools for conducting sales, hosting tailored styling sessions, creating mood boards, and engaging in text

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VCs are still pouring billions into generative AI startups

Fundraising /

Investments in generative AI startups — those that are creating AI-powered products to generate text, audio, video and more — aren’t slowing down. But they’re being consolidated into a shrinking number of early-stage ventures. In the first half of 2023, from January to July 16, 225 startups raised $12.3 billion from VCs, according to Crunchbase

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Vanta trust management platform raises $150M Series C, now valued at $2.45B

Enterprise /

Vanta, a trust management platform that helps businesses automate much of their security and compliance processes, today announced that it has raised a $150 million Series C funding round led by Sequoia Capital. The company is now valued at $2.45 billion, up from $1.6 billion in 2022 when it raised its $40 million Series B

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OpenAI-backed legaltech startup Harvey raises $100M

Fundraising /

Harvey, a startup building what it describes as an AI-powered “copilot” for lawyers, has raised $100 million in a Series C round led by GV, Google’s corporate venture arm. The tranche, which also had participation from heavy-hitting angels and VCs OpenAI, Kleiner Perkins, Sequoia Capital, Elad Gil and SV Angel, brings Harvey’s total raised to

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QA Wolf secures $36M to grow its app QA-testing suite

Enterprise /

Quality assurance in the app development world is a necessary, but often resource-draining, undertaking. According to Statista, 23% of companies’ annual IT budgets are allocated to in-house or third-party contracted QA and testing. The stakes are high. In a survey by QA software-testing company QualiTest Group, 88% of app users said that they’d abandon apps

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Level AI applies algorithms to contact center pain points

Fundraising /

Ashish Nagar, an engineer by trade, was working at Amazon’s Alexa org on the conversational AI team when he realized that AI had the potential to greatly bolster productivity in contact centers. “Frontline workers, like customer service workers, are the biggest human capital in the world,” Nagar told TechCrunch. “So, my idea was to use

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