M12 (venture capital)

Foundry Raises $80 Million in Seed and Series A Funding to Build a New Breed of Public Cloud

Retrieved on: 
Thursday, March 21, 2024
Internet, Data Management, Technology, Artificial Intelligence, Software, Deep learning, Computational biology, GPU, LG, Speed of light, MIT, Databricks, Pear VC, AI, Stanford University, Conviction, Civilization, M12 (venture capital), Lightspeed Venture Partners, Ecosystem, NEA, KKR, Economics, Sequoia Capital

Today, Foundry , a new breed of public cloud for AI/ML workloads, announced $80M in seed and Series A funding to orchestrate the world’s compute capacity, rendering it universally accessible and useful.

Key Points: 
  • Today, Foundry , a new breed of public cloud for AI/ML workloads, announced $80M in seed and Series A funding to orchestrate the world’s compute capacity, rendering it universally accessible and useful.
  • Foundry is building to ensure humanity maximizes the utility of the computing power we already have, and will produce.
  • Foundry’s innovative methods are solving these issues by providing scalable GPU instances with unmatched price-performance ratios.
  • If you are interested in becoming a customer or partner, or joining the team, please visit the company’s website .

Trusona and Carahsoft Partner to Aid Public Sector Compliance with Newly Enhanced Cybersecurity Requirement

Retrieved on: 
Wednesday, August 30, 2023
Cloud, State, Partnership, MFA, Public sector, Travel, Internet, Health care, SEWP, Public, Emerging, CISA, Information technology, Federal, SMS, OurCrowd, BT Business and Public Sector, Tablet, Atos, Akamai Technologies, OTP, IBM PS/ValuePoint, NASA, Risk, OTP Bank, Moldova, Government agency, UX, Ecosystem, M12 (venture capital), National Association, Carahsoft, Education, Trust (social science), Organization, Computer security, Online shopping, Mobile phone, Trusona

According to the U.S. Cybersecurity and Infrastructure Security Agency (CISA), passkeys are poised to become the “gold standard” of authentication for the internet.

Key Points: 
  • According to the U.S. Cybersecurity and Infrastructure Security Agency (CISA), passkeys are poised to become the “gold standard” of authentication for the internet.
  • Trusona Authentication Cloud allows Public Sector organizations to deploy passkeys to their websites and achieve MFA compliance with phishing-resistant security.
  • “We’re delighted to partner with Carahsoft and its resellers to bring our solutions to the Public Sector,” said Ori Eisen, CEO of Trusona.
  • “Public Sector organizations are currently engaged in a Government-wide effort to improve cybersecurity infrastructure and meet enhanced security regulations.

Unstructured Secures $25 Million in Seed and Series A Funding to Enable Enterprises to Use LLMs With their Data

Retrieved on: 
Wednesday, July 19, 2023
Software, Technology, Data Management, GitHub, Pentagon, Defense Innovation Unit, LLM, Partnership, United States Department of Defense, API, The Bad Seed (TV series), Intelligence, Research, United States Space Force, Joint Artificial Intelligence Center, Organization, M12 (venture capital), Development, Cooperative research and development agreement, United States Special Operations Command, Machine learning, Bain Capital Ventures, Flashpoint, Growth, United States Department of the Air Force, SOCOM, AWS, Cryptocurrency, Tutoring, Unstructured data

Accessing and transforming this data is significant because over 80% of enterprise data resides in documents and other unstructured files.

Key Points: 
  • Accessing and transforming this data is significant because over 80% of enterprise data resides in documents and other unstructured files.
  • “Organizations generate vast amounts of unstructured data daily, which, when combined with LLMs, can supercharge productivity,” said Brian Raymond, Founder and CEO of Unstructured.
  • To learn more about Unstructured and take the first step toward unlocking the full potential of unstructured data, visit unstructured.io.
  • Unstructured is a leading provider of LLM data preprocessing solutions, empowering organizations to transform their internal unstructured data into formats compatible with large language models.

CognitiveScale Completes Acquisition by Tecnotree to Accelerate AI-Powered 5G Monetization Globally

Retrieved on: 
Tuesday, December 13, 2022
Cortex, Acquisition, Intel Capital, M12 (venture capital), Health, World Economic Forum, Business support system, Platinum, BSS, OTT, Norwest Venture Partners, Enterprise, Financial services, Engineering, Digital, Gartner, TM Forum, Education, Health care, Vserv Digital Services, USAA, Real, AI, IBM, Mobile phone, Video game, M12, Tecnotree, Financial technology

Tecnotree is a market leader in 5G digital Business Support Systems (BSS), with AI/ML capabilities and multi-cloud extensibility.

Key Points: 
  • Tecnotree is a market leader in 5G digital Business Support Systems (BSS), with AI/ML capabilities and multi-cloud extensibility.
  • Tecnotree is the first Digital Platform Service provider to be Platinum Badge Certified by TM Forum for Real World Open API standards.
  • The company also provides B2B2X partner ecosystem and fintech services for monetization beyond connectivity across gaming, healthcare, education, and banking.
  • Padma Ravichander, CEO of Tecnotree Corporation, stated, "Tecnotree's long-term goal is to deliver intelligent insights that will accelerate 5G monetization and total experience capabilities for its customers globally.

Tecnotree Advances to Acquire Top AIML Platform - CognitiveScale in North America to further Enhance 5G Use case Penetration

Retrieved on: 
Friday, December 9, 2022
Technology, Fintech, 5G, Other Technology, Professional Services, Software, Networks, Internet, Hardware, Data Management, Cortex, Norwest Venture Partners, TM Forum, Intel Capital, Business support system, API, Vserv Digital Services, Telecom, IBM, USAA, ARR, Gartner, OTT, AIML, Digital, BSS, Platinum, Anthem, Health care, Insurance, World Economic Forum, Education, American Market, Health, M12 (venture capital), Engineering, CS, Acquisition, Video game, Retail, M12, Tecnotree, Financial technology, Telecommunication

Tecnotree is the first Digital Platform Service provider to be Platinum Badge Certified by TM Forum for Real-world Open API standards.

Key Points: 
  • Tecnotree is the first Digital Platform Service provider to be Platinum Badge Certified by TM Forum for Real-world Open API standards.
  • The company also provides B2B2X partner ecosystem and fintech services for monetization beyond connectivity across gaming, healthcare, education, and banking.
  • CognitiveScale (CS) is United States based pioneer in the space of AI Engineering and provides solutions for scalable enterprise AI development and deployment.
  • The platform currently delivers hyper-personalized insights to more than 100 million customers across healthcare, realty, banking, insurance, and commerce verticals.

Randstad Sourceright Partners with Scoping and Statement of Work Authoring Platform Deployed

Retrieved on: 
Wednesday, September 28, 2022
Workforce, Global, Gaps, Sow, M12 (venture capital), Future, Organization, Bill & Melinda Gates Foundation, Acquisition, Clean Tech Nation, Partnership, Service, Information Services Procurement Library, Language, Randstad, Solution, History, SOW, HR, Silicon, RPO, Multimedia, MSP, View, 4.0, Risk management, Creative industries, Work

LONDON, Sept. 28, 2022 /PRNewswire/ -- Global talent solutions leader Randstad Sourceright is pleased to announce its partnership with Deployed – a Scoping and Statement of Work (SOW) authoring software platform – to deliver 'Services Procurement 360', a statement of work management service that allows business leaders to strengthen the link between talent acquisition and the utilization of project-based expertise.

Key Points: 
  • "Randstad Sourceright is committed to transforming the way that our clients can leverage and deploy their total workforce," said Mike Smith, global CEO of Randstad Sourceright.
  • Kayleigh Kuptz, co-founder of Deployed commented: "We're delighted to be partnering with Randstad Sourceright to deliver this innovative statement of work assessment solution.
  • Deployed is rewriting the language of work with our unique scope authoring platform for projects that start smarter and finish stronger.
  • Deployed is project Scoping and Statement of Work authoring platform that streamlines the process of defining the work to be done for any services projects.

Outlook on the Cloud Enabling Technologies Global Market to 2030 - Rising Need for Efficient Utilization of Data Center Resources and Enhanced Operational Capabilities is Driving Growth - ResearchAndMarkets.com

Retrieved on: 
Wednesday, July 20, 2022
Technology, Data Management, Cloud, Acquisition, BFSI, Laika (EHR testing framework), Insurance, Microsoft, Infrastructure as a service, Social media, ERP, Research, Software, DevOps, MSFT, NASDAQ, Adoption, CAGR, Capgemini, Health information management, Technology, Multitenancy, SME, Software as a service, Health, Platform as a service, Growth, M12 (venture capital), IBM, As a service, Video game console, Network equipment, M12

The cloud-enabling technologies market is expected to grow owing to the rising need for efficient utilization of data center resources and enhanced operational capabilities.

Key Points: 
  • The cloud-enabling technologies market is expected to grow owing to the rising need for efficient utilization of data center resources and enhanced operational capabilities.
  • Rising demand for cloud-based services and applications and the need for reducing operational costs are the major factors driving the growth of the cloud enabling technologies market.
  • However, providers have started to offer new capabilities to enable enterprises to take advantage of cloud technologies for their digital transformation initiatives.
  • Various features of cloud services including scalability, reduced IT cost, pay-per-use model, and others are fuelling the growth of the cloud enabling technologies market.

Global Cloud Enabling Technologies Market Report to 2030 - by Deployment Mode, Technology, Application, Solution Type, Service Type and Region

Retrieved on: 
Wednesday, July 20, 2022
Cloud, Acquisition, BFSI, BMC Software, Laika (EHR testing framework), Insurance, Microsoft, Hewlett-Packard, Dell Technologies, Infrastructure as a service, Social media, ERP, Research, CRM, Solution, Software, DevOps, MSFT, USD, Application, NASDAQ, Technology, CAGR, SAP, Adoption, Capgemini, Health information management, Multitenancy, SME, Software as a service, Efficiency, Health, Platform as a service, As a service, Growth, M12 (venture capital), Internet, IBM, Network equipment, Video game console, M12, Oracle, Broadcom Inc.

DUBLIN, July 20, 2022 /PRNewswire/ -- The "Cloud Enabling Technologies Market Size, Share, Trends, By Deployment Mode, By Technology, By Application, By Solution Type, By Service Type, and By Region Forecast to 2030" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • DUBLIN, July 20, 2022 /PRNewswire/ -- The "Cloud Enabling Technologies Market Size, Share, Trends, By Deployment Mode, By Technology, By Application, By Solution Type, By Service Type, and By Region Forecast to 2030" report has been added to ResearchAndMarkets.com's offering.
  • The cloud enabling technologies market comprises various software tools and platforms that enable an enterprise to develop, deploy, and manage its applications on the cloud.
  • Rising demand for cloud-based services and applications and the need for reducing operational costs are the major factors driving the growth of the cloud enabling technologies market.
  • Various features of cloud services including scalability, reduced IT cost, pay-per-use model, and others are fuelling the growth of the cloud enabling technologies market.

Trusona introduces Authentication Cloud, delivering passwordless sign-ins without an app to improve business growth and profitability

Retrieved on: 
Wednesday, May 18, 2022
Cloud, Health, Education, Pain, Fraud, M12 (venture capital), Organization, MAU, Omnichannel, Colab, SMS, MFA, OTP, OurCrowd, FIDO, Workforce, Marketing, Growth, UX, Akamai Technologies, Student, SIM, Faculty, Friction, Trusona, Springfield College, WebAuthn, Online shopping, Tourism

SCOTTSDALE, Ariz., May 18, 2022 /PRNewswire/ -- Trusona, the pioneering leader in passwordless identity authentication, today announced Trusona Authentication Cloud, the industry's first app-less passwordless MFA solution designed to improve business growth and profitability with a "tap and go" sign-in experience. Trusona Authentication Cloud delivers a simple sign-in experience that is multi-factor, does not require an app and delivers rapid time-to-value at low cost when deploying FIDO and WebAuthn. The solution is a low-code, cloud-based service that enables users to authenticate without a password using smartphones, laptops and desktop computers. It can also serve as a secure, low-cost replacement for SMS OTP (one-time passcode) authentication.

Key Points: 
  • Trusona Authentication Cloud delivers a simple sign-in experience that is multi-factor, does not require an app and delivers rapid time-to-value at low cost when deploying FIDO and WebAuthn.
  • Additionally, Trusona Authentication Cloud provides unprecedented visibility into the sign-in experience with metrics for all traffic across all authentication modalities delivered to a business's analytics systems.
  • To further support business needs, Trusona supports a range of authentication capabilities, including app-based passwordless authentication, app-less passwordless authentication using WebAuthn and username and password authentication for any users who may require it.
  • Key capabilities of Trusona Authentication Cloud include:
    To learn more about Trusona Authentication Cloud, please visit www.trusona.com/authentication-cloud .

Fast Company's 2022 World Changing Ideas Awards Distinguishes GrowthSpace's First-to-Market, People Development Management Platform with Honorable Mention in the Workplace Category

Retrieved on: 
Tuesday, May 3, 2022
People, Social justice, Fast Company, Ernst & Young, Johnson & Johnson, Microsoft, Organization, Creativity, Program, KPI-driven code analysis, L&D, Industry, Food, Learning, Health, DE, M12, Education, Goal, Technology, CEO, Politics, ROI, Entrepreneurship, Transport, AI, M12 (venture capital), Applied Materials, Management

NEW YORK, May 3, 2022 /PRNewswire/ -- GrowthSpace is excited to announce our honorable mention in Fast Company's 2022 World Changing Ideas Awards for its' development of an AI-powered algorithm that enables organizations to identify any employee or group development needs, and then match them with the most suitable expert, whether it is an "internal expert" who works at the company, or external (eg, a trainer, group facilitator, mentor or coach). The GrowthSpace platform empowers  companies to facilitate and manage the bulk of their development programs in one place. Companies can access organizational and industry data to choose the right expert, A/B test and implement best practices.

Key Points: 
  • The GrowthSpace platform empowers companies to facilitate and manage the bulk of their development programs in one place.
  • Companies can access organizational and industry data to choose the right expert, A/B test and implement best practices.
  • Fast Company relishes its role in amplifying important, innovative work to address big challenges," says David Lidsky, interim editor-in-chief of Fast Company.
  • About the World Changing Ideas Awards: World Changing Ideas is one of Fast Company's major annual awards programs and is focused on social good, seeking to elevate finished products and brave concepts that make the world better.