Category: Funding
Qruise wants to build AI to automate quantum device development
Can software work alongside human physicists and engineers in R&D labs to develop new quantum computers? That’s the question Qruise, a startup in TechCrunch’s Battlefield 200 competition at Disrupt 2023, is attempting to answer. Qruise,…
Secoda secures $16M to expand its data cataloging platform
Secoda, a startup developing what it describes as an AI-powered data search and cataloging platform, today announced that it raised $16 million in a funding round led by Craft Ventures with participation from Abstract Ventures and several angel investo…
Database startup MotherDuck lands $52.5M to grow its DuckDB-based platform
A few weeks ago, it was reported that MotherDuck, the company commercializing the lightweight database platform DuckDB, was in talks to raise new capital from VC firm Felicis. Those talks went well, apparently. MotherDuck today announced that it landed…
Legit Security lands $40M to lock down apps and dev environments
Legit Security, a cybersecurity company developing a platform to identify app vulnerabilities from code, has raised $40 million in a Series B funding round led by CRV with participation from Cyberstarts, Bessemer Venture Partners and TCV. Co-founder an…
Fairly AI wants to help companies better understand their AI risk
David Van Bruwaene was pursuing his Ph.D. in philosophy at Cornell when he developed a passion for linguistics and natural language processing, the subfield of AI concerned with allowing machines to understand human language. After leaving academia to …
ZayZoon, which lends employees money for a fee, raises $34.5M
ZayZoon, a fintech firm that got its start charging employees $5 to get paid sooner, has raised $34.5 million in a Series B round co-led by Framework, EDC with participation from ATB Financial. CEO Dary Tuer says that the funds, which bring ZayZoonR…
Cato Networks, valued at $3B, lands $238M ahead of its anticipated IPO
Cato Networks, the Tel Aviv-based startup that packages software-defined networking, managed cybersecurity and global backbone services into a single offering, today announced that it raised $238 million in an equity investment that values the company …
Pryon raises $100M to index and analyze enterprise data
Pryon, a startup developing an AI-powered platform to look for insights in — and surface answers from — enterprise knowledge bases, today announced that it raised $100 million in a funding round led by Thomas Tull’s U.S. Innovative Technolo…
HiddenLayer raises $50M for its AI-defending cybersecurity tools
HiddenLayer, a security startup focused on protecting AI systems from adversarial attacks, today announced that it raised $50 million in a funding round co-led by M12 and Moore Strategic Ventures with participation from Booz Allen Hamilton, IBM, Capita…
Alcion, which provides backup and security services to enterprises, raises $21M
As organizations shift their operations to the cloud, they’re experiencing more security incidents — the result of challenges around the transitions from on-premises to remote data and infrastructure management. According to a recent survey…