Cisco announced its intent to acquire privately held BabbleLabs to help users control unwanted noise in meetings. BabbleLabs uses advanced AI (Artificial Intelligence) techniques to distinguish human speech from unwanted noise, enhancing the quality of communications and conferencing applications. According to a Cisco global survey focused on the future of work, 98 percent of workers…
Virohan, a healthcare vocational institute that provides progressive livelihoods to youth from low-income backgrounds, announced that it has raised $2.8 million across its seed and series A funding rounds. The seed funding round was led by Keiretsu Forum and Series A round was led by the elea Foundation for Ethics in Globalization and by the…
EVage, a Chandigarh-based mobility tech startup, announced that it has raised funding led by mobility veteran, Ola Electric Co-Founder and Senior Advisor Anand Shah along with BryAir Director Varun Pahwa, and DMI Group partner Anmol Nayyar. The three invested an undisclosed amount in the mobility tech startup EVage, which is set to launch their first Electric…
Verloop.io, the Bengaluru-based customer support automation platform that helps businesses deliver delightful support experiences to their customers, across channels, announced it has raised $5 million in its Series A funding round led by Alpha Wave Incubation (AWI), along with existing investors IDFC Parampara and Infosys co-Founder Kris Gopalakrishnan. Launched in 2020 by Abu Dhabi’s sovereign…
OneCode, a digital distribution platform, announced that it has raised seed financing led by WaterBridge Ventures, a early-stage venture capital firm. Financial details of the seed funding remain undisclosed. Angel investors such as Miten Sampat, Former Times Internet chief strategy officer, Haptik founder Aakrit Vaish, One Impression founder Apaksh Gupta, Appyhigh founder Venus Dhuria, as…
Palo Alto Networks, the global cybersecurity leader, announced that it has entered into a definitive agreement to acquire The Crypsis Group, a leading incident response, risk management and digital forensics consulting firm. Under the terms of the agreement, Palo Alto Networks will acquire The Crypsis Group for a total purchase price of $265 million, subject…
Songtradr, the global B2B music rights and licensing marketplace platform, announced the completion of its Series C funding round, raising $30M, valuing the company at $165M. Songtradr technologies are designed to simplify and enhance the overall music licensing experience. With this investment, Songtradr will accelerate its global expansion plans, product development and fund key acquisitions,…
Dataiku, a global Enterprise AI and machine learning platform, announced a $100 million Series D investment round led by Stripes, with major investment by Tiger Global Management and participation from existing investors Battery Ventures, CapitalG, Dawn Capital, FirstMark Capital and ICONIQ. The funding comes as Dataiku continues to drive AI within the enterprise, serving over…
Drizly Group, North America’s largest e-commerce alcohol marketplace, announced that it has closed a $50 million Series C funding round, led by Avenir, a New York-based investment firm, with participation by Tiger Global and other existing investors. As consumers shift to online shopping for alcohol, Drizly expects 20 percent of off-premise alcohol purchases to be…
FarEye, a leading logistics SaaS platform for predictive visibility, announced that it has raised additional $13 mn as an extension to its Series D investment led by The Fundamentum Partnership, the growth-capital fund for mid-stage technology companies in India backed by Nandan Nilekani and Sanjeev Aggarwal and KB Global Platform Fund, one of the leading…
Craft, the San Francisco-based enterprise intelligence company, announced that it has closed a $10 million Series A financing led by High Alpha Capital with coinvestors Greycroft; Sam Palmisano, Chairman of the Center for Global Enterprise and former CEO and Chairman of IBM; Jim Moffatt, former CEO of Deloitte Consulting; Frederic Kerrest, executive vice chairman, COO…
Lead School, an education technology company based in Mumbai, announced that it has raised $28 million in Series C funding led by WestBridge Capital. Existing investor Elevar Equity also participated in the round. The startup will use the funds to fuel expansion. It has plans to grow its sales channel and sign up new customers.…
Shef, the US-based homemade food marketplace that enables cooks to sell meals in their local communities, announced it has raised $8.8 million in seed funding from investors including Y Combinator, Craft Ventures, and M13, as well as founders and executives from Instacart, TaskRabbit, StubHub, AngelList, Lyft, Airbnb, and Yelp. Founded in 2018 by Alvin Salehi…
Trellus Health, a resilience-driven digital health solution for chronic conditions, announced that it has raised $5 million of seed funding led by Mount Sinai Health System (MSHS) and EKF Diagnostics, a global medical manufacturer of point-of-care and central lab devices and tests. The company will use the funds to transform the way chronic conditions are…
Lootcakes, the world’s first network devoted to spenders in free-to-play games, announced that it has raised a $2 million seed funding led by Konvoy Ventures. Other investors that participated in the round include SOSV and GAN Ventures. The company will use the funds to develop and release a Lootcakes consumer mobile app to sit alongside…