Enterprises investing time and money into artificial intelligence (AI) and machine learning (ML) is not about buzzwords or building out cool tech—it’s about finding new business value. IDG’s 2021 State of the CIO report states that CIOs are tasked with creating new revenue streams and uplifting existing ones. It’s what public shareholders expect, and is … Continued
Company Behind Ray, the Fastest Growing Open Source Project in Distributed AI, Announces General Availability of the Anyscale managed Ray platform SAN FRANCISCO, CA (December 8, 2021) – Anyscale, the company enabling instant scaling of AI applications, has secured $100 million in Series C funding at a $1 billion valuation, bringing the company’s total financing … Continued
Led by Intel Capital, Grip’s Series A round will accelerate its product development and support its rapid growth in the US TEL AVIV, Israel (December 7, 2021) – In one of the fastest Series A funding rounds of the year, Grip Security, a SaaS security startup founded in February 2021, has secured a total of … Continued
Investment Round Led by Intel Capital Will Support Operations for High Volume Production Albuquerque, N.M. – Nov. 30, 2021 – 3D Glass Solutions Inc. (3DGS), a leading innovator of glass-based three-dimensional passive radio frequency (RF) devices, today announced it has secured $20 million in Series B1 funding led by Intel Capital. CerraCap Ventures, Lockheed Martin Ventures … Continued
The company’s Series B funding follows 10x quarter-over-quarter revenue growth fueled by Crossplane adoption SEATTLE, WA (November 29, 2021) — Upbound, the cloud management platform company behind the popular open source Crossplane project, today announced that it raised $60M in new funding. The new funding includes a Series B round led by Altimeter Capital with participation from GV, Intel Capital, … Continued
Within enterprises, the goals across the software delivery lifecycle are fairly straightforward. Business leaders want to increase revenue and customer retention. Application developers want to ship business logic in an agile fashion. Lastly, DevOps or infrastructure engineers want to provide application developers with a “self-service” experience that increases their agility and ability to deliver value. … Continued