Venture Capital

LayerX Security Raises $26M for its Browser Security Platform, Enabling Employees to Work Securely from Any Browser, Anywhere

Retrieved on: 
Jeudi, mai 2, 2024
Apps, Applications, Technology, Venture Capital, Security, Other Technology, Professional Services, Software, Networks, Data Management, Artificial Intelligence, Organization, Firefox, Browser security, Software as a service, Chrome, Privacy, Multimedia, VPN, Knowledge, Online shopping

View the full release here: https://www.businesswire.com/news/home/20240502717414/en/

Key Points: 
  • View the full release here: https://www.businesswire.com/news/home/20240502717414/en/
    Today’s modern enterprise employees rely heavily on browser-based services and SaaS applications.
  • Yet, these fundamental work activities expose organizations to a wide range of security risks, like data leaks, identity and password theft, malicious browser extensions, phishing sites and more.
  • LayerX was purpose-built to secure and govern browser-based work, from both managed and unmanaged devices.
  • This approach transforms the browser from a major vulnerability to a strength, facilitating secure work across devices.

Sepion Advances EV Battery Safety with AI-Driven Non-Flammable Electrolyte

Retrieved on: 
Mardi, avril 30, 2024
Research, EV, Electric Vehicles, Professional Services, Alternative Energy, Venture Capital, Batteries, Energy, Technology, Automotive, Artificial Intelligence, Science, Chemicals, Plastics, Manufacturing, Salt, Safety, UN, EVS, Physics, Risk, Fire, Certification, AI, Business development, DFT, MD, Doctor of Philosophy, Electrolyte, Artificial intelligence, Library, Polymer, Solvent, Multimedia, Algorithm, Electric battery

View the full release here: https://www.businesswire.com/news/home/20240430847880/en/

Key Points: 
  • View the full release here: https://www.businesswire.com/news/home/20240430847880/en/
    Sepion Advances EV Battery Safety with AI-Driven Non-Flammable Electrolyte (Graphic: Business Wire)
    Sepion’s researchers subjected the newly discovered liquid electrolyte to flammability testing against standard commercial lithium-ion battery electrolytes, demonstrating its efficacy and safety features with a flash point exceeding 70°C and self-extinguishing time (SET) that is 25 times better than commercial lithium-ion battery electrolytes.
  • See the electrolyte flammability testing video here: https://youtu.be/9DdAM5RRU_w
    “Safety is at the forefront when customers seek new, better-performing battery technologies for e-mobility applications.
  • Making a non-flammable electrolyte capable of sustaining 3C fast charging with a lithium-metal anode is a significant milestone for Sepion and the industry.
  • Prioritizing safety in battery technology, Sepion has recently achieved UN/DOT38.3 certification for their energy-dense lithium-metal pouch cells, showcasing the critical role of innovations such as this self-extinguishing electrolyte in advancing the safety standards of lithium batteries.

FEDML Empowers On-Premise AI Innovation at DENSO

Retrieved on: 
Mardi, avril 30, 2024
Technology, Online Privacy, Engineering, Venture Capital, Manufacturing, Aftermarket, Automotive, Professional Services, Artificial Intelligence, Software, Networks, Internet, Data Management, Security, Nexus, FLOPS, Fédéré, AI, Federated, Partnership, ADAS, Scale, Algorithm, Aggregation, Synthetic media, Silicon, Privacy, Multimedia, GPU, Generative, Confidentiality, API, DENSO, Organization, Federated learning, DeepSpeed

FEDML , the company providing "Your Generative AI Platform at Scale," today announced its partnership with DENSO, one of the largest automotive suppliers in the world, to empower fully on-premise training, development, and deployment of AI models and applications via FEDML Nexus AI platform .

Key Points: 
  • FEDML , the company providing "Your Generative AI Platform at Scale," today announced its partnership with DENSO, one of the largest automotive suppliers in the world, to empower fully on-premise training, development, and deployment of AI models and applications via FEDML Nexus AI platform .
  • Your Generative AI Platform at Scale – this is the mission that defines FEDML and its commitment to helping enterprises navigate the AI revolution with full ownership and control.
  • FEDML Nexus is an all-in-one powerful AI platform that provides the foundation to build and commercialize any AI application easily, scalably, privately, and economically.
  • Deploying FEDML Nexus AI on-premise enables any enterprise to operate its own AI platform on its infrastructure, ensuring maximum privacy, ownership, and control.

Docyt and x·quic Partner to Deliver Bundled Financial Services Solution for Hotel Owners and Franchisees

Retrieved on: 
Mardi, avril 30, 2024
Software, Accounting, Professional Services, Fintech, Data Management, Venture Capital, Apps, Applications, Technology, Lodging, Small Business, Travel, Finance, Financial management, POS, News, AI, Partnership, OTA, Automation, Noise, Headache, Data management

Docyt , the frontrunner in AI-driven accounting automation technology, is partnering with x·quic ™ on a bundled services offering that empowers hotel owners and franchisees to seamlessly integrate Docyt’s real-time bookkeeping capabilities with x·quic OTA Savings.

Key Points: 
  • Docyt , the frontrunner in AI-driven accounting automation technology, is partnering with x·quic ™ on a bundled services offering that empowers hotel owners and franchisees to seamlessly integrate Docyt’s real-time bookkeeping capabilities with x·quic OTA Savings.
  • The combined solution uses AI-driven workflows to streamline financial management and maximize hotel profitability, from single locations to expansive franchise operations.
  • Together, Docyt AI and OTA Savings by x·quic™ help hoteliers easily shift data management to AI, digitizing and automating the financial workflow, and enabling real-time financial reporting.
  • Visit www.docyt.com to learn more about the company’s AI-driven accounting automation platform, and follow Docyt on LinkedIn to stay up to date on the company’s latest news.

Climavision acquires Intersphere, bolstering leadership in AI-powered weather prediction

Retrieved on: 
Mardi, avril 30, 2024
Technology, Venture Capital, Other Energy, Natural Disasters, Energy, Professional Services, Artificial Intelligence, Other Natural Resources, Environment, Other Technology, Software, Agriculture, Natural Resources, Data Management, Weather, Probability, Risk, Climate, Numerical weather prediction, ERCOT, Artificial intelligence, Forecasting, Wind, Communication, Death, Midsphere, Organization, Risk management

Louisville, KY-based Climavision, a leader in advanced weather modeling and forecasting technology, has acquired Intersphere, a fast-growing innovator specializing in subseasonal-to-seasonal (S2S) forecasting – predicting weather up to a year in advance.

Key Points: 
  • Louisville, KY-based Climavision, a leader in advanced weather modeling and forecasting technology, has acquired Intersphere, a fast-growing innovator specializing in subseasonal-to-seasonal (S2S) forecasting – predicting weather up to a year in advance.
  • Intersphere’s unique technology and expertise will build on Climavision's own AI-powered weather prediction and decades of experience in numerical weather prediction.
  • “By seamlessly blending Climavision's unmatched expertise in Numerical Weather Prediction with their cutting-edge generative AI technology, we are revolutionizing the landscape of weather forecasting.
  • "Joining forces with Climavision creates a dynamic powerhouse in the weather technology sector," added Ben Toms, Ph.D., CEO of Intersphere.

The Game Within The Game: Lucra Establishes B2B Presence with Blockbuster Dave and Buster’s Deal

Retrieved on: 
Mardi, avril 30, 2024
Banking, Technology, Other Sports, Professional Services, Restaurant, Bar, General Entertainment, Electronic Games, Casino, Gaming, Sports, Entertainment, Food, Beverage, Licensing (Sports), Software, Retail, General Sports, Finance, Venture Capital, Pickleball, Partner, Bologna Business School, Sport, Love, Partnership, Friends, Risk management, SVP, WNBA, Athlete, Multimedia, Video game

“We’re thrilled to work with Lucra to bring this exciting new gaming platform to our customers,” said Simon Murray, SVP of Entertainment and Attractions at Dave and Buster’s.

Key Points: 
  • “We’re thrilled to work with Lucra to bring this exciting new gaming platform to our customers,” said Simon Murray, SVP of Entertainment and Attractions at Dave and Buster’s.
  • Lucra’s approach will help to destigmatize cash-based competition by evolving it into a fun, friendly, and social experience.
  • Lucra offers two products that can be natively integrated into third-party platforms in as fast as two weeks.
  • Partners are able to customize the user interface to their choosing, allowing Lucra to power the game within the game from behind the scenes.

CIBC Innovation Banking Provides Credit Facilities to Q4 Inc.

Retrieved on: 
Jeudi, avril 25, 2024
Venture Capital, Finance, Public Relations, Investor Relations, Artificial Intelligence, Banking, Communications, Professional Services, Technology, Growth

CIBC Innovation Banking announced today that it has provided credit facilities to support Sumeru Equity Partners’ (Sumeru) strategic investment in Toronto-based Q4 Inc. (“Q4” or the “Company”), the first IR Ops Platform.

Key Points: 
  • CIBC Innovation Banking announced today that it has provided credit facilities to support Sumeru Equity Partners’ (Sumeru) strategic investment in Toronto-based Q4 Inc. (“Q4” or the “Company”), the first IR Ops Platform.
  • "With the successful completion of the transaction with our new sponsor, Sumeru Equity Partners, we are excited to deliver even greater value to our clients as the first AI-driven IR Ops Platform,” said Darrell Heaps, Founder and CEO of Q4 Inc. “We are pleased to have the continued support from CIBC Innovation Banking as the Company continues on our next phase of growth."
  • "We are proud to support Q4 as it continues its growth and leadership in the capital markets access space,” said Adam Weiers, Executive Director, CIBC Innovation Banking.
  • “The Company and its platform are well positioned to continue to transform the space and provide value to its global customers."

Josh Fagan Appointed as CEO of Seedbrite Ventures

Retrieved on: 
Mercredi, avril 24, 2024
Personal Finance, Technology, Finance, Venture Capital, Consulting, Accounting, Professional Services, Software, Asset Management, Artificial Intelligence, Venture

Seedbrite Ventures, a trailblazer in the financial technology sector, is excited to announce the appointment of Josh Fagan as its new Chief Executive Officer (CEO).

Key Points: 
  • Seedbrite Ventures, a trailblazer in the financial technology sector, is excited to announce the appointment of Josh Fagan as its new Chief Executive Officer (CEO).
  • Bringing over two decades of industry experience and a proven track record as a three-time founder and angel investor, Fagan is set to steer Seedbrite into a dynamic new era.

Anon Debuts Integration Platform for the Internet with $6.5M Funding

Retrieved on: 
Mercredi, avril 24, 2024
Technology, Finance, Venture Capital, Professional Services, Software, Networks, Internet, Data Management, Artificial Intelligence, Goldman Sachs, ChatGPT, Uber, CRMS, OpenTable, AI, Travel, CPO, Automation, Partner, WhatsApp, General partnership, Square, USV, API, Friction, Replit, Union Square Ventures, MIT, Sales

Anon, a revolutionary developer platform empowering secure AI access and control to user accounts online, today announces $6.5M in funding and a powerful toolkit that unlocks the full potential of AI applications.

Key Points: 
  • Anon, a revolutionary developer platform empowering secure AI access and control to user accounts online, today announces $6.5M in funding and a powerful toolkit that unlocks the full potential of AI applications.
  • Anon removes this barrier with its comprehensive developer toolkit, empowering AI agents to integrate with the internet on a far greater scale.
  • By empowering developers to create "mini virtual assistants" for specific tasks, Anon will transform the way that users delegate their digital lives.
  • The end market for Anon encompasses the entire universe of AI-powered actions, which will reduce friction and improve automation across the internet.

Finio Powers Online Credit Application for Cycle Trader and ATV Trader

Retrieved on: 
Mardi, avril 23, 2024
Recreational Vehicles, Software, Other Retail, Professional Services, Online Retail, Fintech, Data Management, Venture Capital, Technology, Automotive, Retail, Other Automotive, Finance, ATV, Digital, Multimedia, API, Online shopping

Finio , Inc., the groundbreaking digital sales and F&I platform for the motorcycle, powersports, marine, RV, and commercial vehicle industries, today announced that it has partnered with Trader Interactive to become an integral part of the ‘Buy Now’ digital retailing experience featured on Cycle Trader and ATV Trader nationwide.

Key Points: 
  • Finio , Inc., the groundbreaking digital sales and F&I platform for the motorcycle, powersports, marine, RV, and commercial vehicle industries, today announced that it has partnered with Trader Interactive to become an integral part of the ‘Buy Now’ digital retailing experience featured on Cycle Trader and ATV Trader nationwide.
  • View the full release here: https://www.businesswire.com/news/home/20240423947529/en/
    Finio credit application on CycleTrader.com (Graphic: Business Wire)
    As part of the ‘Buy Now’ process, buyers can complete a credit application which can be securely routed to the dealership and its lending partners.
  • “Real-time online financing is vital to any digital retailing experience,” states Troy Snyder, Vice President of Digital Retailing and Private Marketplaces at Trader Interactive.
  • The company offers an array of products ranging from website plugins for prequalification and credit to custom API-based integrations.