Leader in Automated Machine Learning, DataRobot, today announced the first close in its Series C financing. This secures an additional $54 million, bringing total funding to $111 million. A significant but undisclosed amount of additional funding is expected in an imminent second close of the round. Jeremy Achin, CEO and Co-Founder of DataRobot, sets out the company’s value proposition and the opportunity the funding provides:
Peregrine Semiconductor Corp., a Murata company and the founder of RF SOI (silicon on insulator), today announces the acquisition of Arctic Sand Technologies. An MIT spin-off, Arctic Sand designs and manufactures low-power semiconductors for use in DC-DC power conversion applications. This strategic acquisition will accelerate Murata's vision to revolutionize power electronics with the world's smallest, most efficient power solutions.
Genpact (NYSE: G), a global professional services firm focused on delivering digital transformation for clients, has signed a definitive agreement to acquire Rage Frameworks, a leader in knowledge-based automation technology and services providing Artificial Intelligence (AI) for the Enterprise. Terms of the deal are not disclosed.
TimeTrade, the leading provider of appointment-driven personalization, today announced that it recently closed $6.3 million in Series E funding.
The round, the largest in the company’s history, was led by new investor Origami Capital Partners and included participation from Ascent Venture Partners and the company’s other existing investors. TimeTrade will use the funds to extend its industry-leading platform with new artificial intelligence (AI) capabilities to bring the business benefits of its Customer Engagement Cloud to more enterprise customers.
AcuityAds Holdings Inc. (TSXV:AT,OTCQB:ACUIF) (“AcuityAds” or the “Company”), a technology leader that provides targeted digital media solutions enabling advertisers to connect intelligently with audiences across mobile, video, social and display, is pleased to announce that it has entered into a definitive agreement (subject to certain pre-closing conditions) to acquire Visible Measures Corporation (“Visible Measures”), a Boston-based programmatic platform provider for analytics-led video advertising.
VentureApp, a professional chat platform, today announced it has secured $4 million in funding, led by Ryan Moore, partner at Accomplice, with participation from Boston Seed Capital, Fullstack Ventures, and a number of prominent angel investors. Ryan Moore will also join VentureApp’s board of directors.
Digital Alloys, Inc. the leading provider of high-speed, multi-metal additive manufacturing systems, today announced a $5M Series A financing led by Khosla Ventures that funds the launch of its first products. The Digital Alloys system prints production-quality parts, in almost any metal, at a fraction of the cost of other metal 3D printers. The company's printers have the unique ability to mix multiple metals in a solid part, enabling customers to push the limits of design and create new products with enhanced thermal, electrical, magnetic, and mechanical properties.
CA Technologies (NASDAQ:CA) today announced it has signed a definitive agreement to acquire Veracode, a leader in securing web, mobile and third-party applications across the software development lifecycle, for approximately $614 million in cash. The transaction is expected to close in the first quarter of fiscal year 2018, and is subject to customary closing conditions, including regulatory approvals.
As reported by Forbes, Kensho in Cambridge, MA has raised $50M in funding led by S&P Global with participation from Goldman Sachs, JPMorgan Chase, Bank of America Merrill Lynch, Morgan Stanley, Citigroup and Wells Fargo, General Catalyst, and Breyer Capital. Kensho is a machine intelligence company that applies AI for real-world impact across government and commercial institutions around the world... READ MORE