BabbleLabs Acquisition Marks Important Milestone for Voice and Speech Technology

The announcement today that BabbleLabs will be acquired by Cisco is great recognition of the impact Chris Rowen and the extraordinary team at BabbleLabs have made with their deep learning speech enhancement software, which is powering breakthrough voice applications and devices.

Portfolio company Rubikloud acquired by Kinaxis

Congratulations to the Rubikloud team on their agreement to be acquired by Kinaxis. We look forward to seeing you continue to build your vision for the future of retail-based AI and smarter global supply chains.

Spot announces acquisition by NetApp

Congratulations to Spot on their agreement to be acquired by NetApp. We’re excited for the entire Spot team as they continue their journey to help customers maximize the performance of their cloud workloads at the lowest possible cost.

Anodot Raises $35M in Series C Funding to Drive Autonomous Business Monitoring for Telcos and Digital Businesses

Anodot uses machine learning to drive the future of analytics – autonomous business monitoring. Fortune 500 companies across telco, finance and digital sectors rely on Anodot’s real-time, contextual alerts to catch the incidents that impact revenue and costs. Examples include drops in success rate, customer incidents, app performance and other business metrics. By helping business users find and fix incidents quickly, Anodot helps customers cut incident management by as much as 80%.

Astera Labs Poised for Rapid Growth with Series B Funding and Manufacturing Partnerships in Place

Astera Labs is a fabless semiconductor company that develops purpose-built connectivity solutions for data-centric systems to remove performance bottlenecks in compute-intensive workloads such as artificial intelligence and machine learning. The company’s product portfolio includes system-aware semiconductor integrated circuits, boards and services to enable robust connectivity for PCI Express® (PCIe®) and Compute Express Link™ (CXL) solutions.

Intel Capital Leads $11.5M in Series A Funding for Hypersonix

Hypersonix is an AI-powered autonomous analytics platform designed for consumer industries such as retail, restaurants, hospitality and ecommerce. Decision-makers need real-time actionable insights from disparate data sources, such as regional business performance or web traffic. Hypersonix’s platform empowers customers to make faster and smarter decisions that drive profitability, productivity and customer engagement through simple voice and text search, data visualization and interpretation.

MemVerge Introduces Big Memory Computing

MemVerge is a software company founded on the vision that every application should run in memory. MemVerge’s Memory Machine™ software is the foundation for a new era of Big Memory computing, providing petabyte-size pools of shared persistent memory and powerful data services so that data-centric applications such as AI, machine learning, financial market data analytics and high-performance computing are easier to develop and deploy. MemVerge’s Big Memory software lowers the cost of memory, allows it to scale out and makes it highly available with memory data services such as ZeroIO™ snapshot, memory replication, and lightning-fast recovery.

Lilt Raises $25 Million Series B Led By Intel Capital

Lilt aims to make the world’s information accessible to all with AI-powered language translation software and services. Traditional translation services can be time-consuming and costly – impeding companies from translating all the information that could be useful. Lilt’s software provides accurate, localized and cost-effective translation. Combining adaptive neural machine translation technology, a translation management system and professional translators, Lilt enables organizations to use language translation to scale their localization programs, accelerate go-to-market strategies and improve the global customer experience.

Demystifying the AI Infrastructure Stack

Building AI solutions requires developers and engineers to choose from a fast-growing selection of tools and services. Investment manager, Assaf Araki posts a landscape map that brings greater clarity to the AI ecosystem by charting the layers of the AI technical stack and the vendors within each layer.

FogHorn Raises $25M in Series C Funding

FogHorn, edge analytics & applications platform startup, has raised $25 million in a Series C funding round to support its edge AI app development.