Aquant has closed a $100 million laws4life growth round, co-led by technology investors Prytek and security focused venture firm NightDragon. Prytek has contributed $110 million in total, and NightDragon and its affiliates have provided $75 million. Additionally, industry veteran Dave DeWalt has joined the board of directors.
The investment will support ThriveDX’s rapid growth as it focuses on developing cybersecurity and digital skills training. The company will use NightDragon’s investment to increase market leverage and accelerate industry partnerships, lawyersmagazine and create a path to long-term success. ThriveDX specializes in digital skills training, partnering with leading universities and corporations to develop advanced professional development programs and cybersecurity training.
Roboflow, an Iowa-based company that creates tools to build computer vision models, has raised $20 million in a series A round led by Craft Ventures. The cash will be used to expand the team and improve the products and services they offer. The company recently graduated from Y Combinator’s summer class.
Expand its team
Roboflow is a platform for computer vision that makes the entire process easy for its users. It aims to make computer vision accessible to a broad audience. The new funding will allow Roboflow to expand its team, add more products, and build new applications.
Roboflow was founded in 2019. The company has a variety of products that make it possible for anyone to create a computer vision model. The software enables developers to create computer vision models without requiring deep knowledge about the technology. Roboflow also gives developers a platform to integrate computer vision into their products. Users can upload videos and images to train the software to recognize objects. The technology can be used for various purposes, including in manufacturing, agriculture, medicine, retail, and many other sectors.
The new funding will help Quantum Metric expand its global footprint and continue its product development. The company is focusing on increasing headcount to 220 employees and expanding across the US and EMEA regions. It also plans to increase its technology investment, with more than a dozen open tech positions.
Digital products faster
The company uses a continuous product design (CPD) methodology to help businesses build digital products faster. This philosophy, which draws upon the principles of agile design and development processes, focuses on increasing efficiency and adapting to change. The company’s CPD methodology allows businesses to develop innovative products based on data from their customers.
Quantum Metric’s platform automates website performance monitoring and reduces the time it takes to resolve a problem from days to minutes. It uses Google BigQuery to analyze petabytes of data to track key performance indicators. The data can be used to measure how much money a company loses each day due to poor website performance. For example, a slow page can cause customers to abandon the checkout process.
Their financial situation
Personetics is a data analytics company that provides financial institutions with AI-driven customer engagement solutions. The company aims to create a hyper-personalized banking experience for customers by using data analytics to predict customer behavior. The company is backed by Warburg Pincus and other venture capital firms, including Viola Ventures and Lightspeed Ventures. Founded in 2010, Personetics has raised $75 million in growth funding to date. The company’s technology enables financial institutions to automate financial programmes and advise their customers on their financial situation.
The company has raised $85 million to continue to expand its operations and develop its AI-powered platform. Its products have already been adopted by some of the world’s largest financial institutions. The AI-enabled platform is proving to be a valuable asset for financial institutions, enabling them to offer customized customer experiences.
With the fresh capital, Personetics plans to expand its presence internationally and reach more consumers. Its core promise is to make consumer-focused financial software competitive with other digital services. The Israeli company has raised $93 million in total, with most of the money coming from Warburg Pincus, which became one of its lead investors less than a year ago.
The company has also received funding from Sequoia Capital, Lightspeed Ventures, Warburg Pincus, Nyca Partners, and Viola Ventures. The latest round of funding came at a crucial time for the financial services industry, as its mobile adoption has reached a tipping point. The company has also launched its vision of self-driving finance.
Hugging Face, an artificial intelligence startup, has been awarded the VentureBeat Innovation in Natural Language Process/Understanding Award for 2021. Founded in 2016, Hugging Face has a community of over 100,000 members. This year, the company plans to triple its efforts. Not only will it expand to language translation, but it will also build a community where users can share their machine learning models.
Hugging Face is building software to analyze text. Its software is open source and able to handle a variety of NLP tasks. Additionally, the company is creating datasets, which are crucial to NLP. It also hosts a repository of pretrained NLP models on GitHub.
In a recent round of funding, the leading insurance benefits platform Nayya secured $11 million in Series A funding from Felicis Ventures and other investors. Early investors including Guardian Life, the largest mutual life insurance company in the US, and Cameron Ventures also participated.
Felicis Ventures was founded in 2006 and has invested in over 350 companies. Its current fund has been oversubscribed two times. Its portfolio includes companies with a global reach and a strong focus on innovation.
LinearB, which has Tel Aviv, Israel offices, is a company focused on providing a developer productivity tracker. The company offers data analytics and workflow metrics that document the hours and minutes spent coding and deploying code, as well as the percentage of code that fails. The company also offers a free version of the product for small developers aditianovit.
LinearB has raised $16 million in Series A funding. The funding will allow the company to expand its operations and reach. The company was founded in 2019 by Ori Keren and is currently serving more than 1,500 software development teams. The company’s technology automates the workflow of every member of the team, from project manager to developer oyepandeyji.
The company provides software for software development teams using Agile and DevOps methodologies. The company recently raised a $50 million Series B round led by Tribe Capital. It also received investments from Salesforce Ventures, Battery Ventures, and 83North. The company has since grown from a user base of around 1,500 development teams to more than 5,000 teams today. Its software is used by companies like BigID, Cloudinary, Unbabel, and Drata xotic news.