Funding stories - Page 3

Vultr secures its first equity financing at a valuation of $3.5 billion, aiming to expand its global AI infrastructure and cloud computing services.

Keepit has secured $50 million in funding to bolster global expansion and innovate its data protection services, raising total funds to $90 million.

RapidCanvas has secured USD $16 million in funding to enhance AI solutions, aimed at addressing the global shortage of data scientists and engineers.

LambdaTest has raised $38 million in funding, led by Avataar Ventures, to enhance its AI-driven QA solutions amid growing demand in software testing.

Indosat Ooredoo Hutchison has hosted a SheHacks trip to Sydney, aiding five Indonesian women-led startups in connecting with global investors.

Tempest has emerged from stealth with USD $3.2 million in funding to tackle platform engineering challenges for technology businesses.

Tempest, a new developer platform backed by USD $3.2M in funding, aims to streamline software delivery for engineering teams facing complex challenges.

The GitHub Secure Open Source Fund has launched with AUD $1.91 million to boost security in 125 open source projects, offering financial support and education.

ChapsVision has acquired Sinequa, a leader in AI search solutions, alongside securing USD $90 million funding to boost growth and technology focus.

Animoca Brands has raised an additional USD $10 million to expand Mocaverse, enhancing Web3 adoption and interoperability efforts across the network.

LocalStack secures USD $25 million in Series A funding to enhance its platform, enabling developers to optimise their cloud computing environments.

Thesys has secured USD $4 million in funding led by Together Fund to revolutionise AI-driven interfaces with its innovative 'Generative UI' platform.

Symbiotic Security has secured USD $3 million in pre-seed funding to launch a software that enhances security during the software development process.

Xero has awarded SG$630,000 to 28 winners of the 2024 Beautiful Business Fund, supporting small businesses across multiple countries.

OLOID has secured $6 million in Series A1 funding to enhance its identity management solutions for deskless workers and integrate with Workday.

Spot AI has unveiled its new Video AI Agents, revolutionising surveillance technology following a recent funding round that secured USD $31 million.

Silicon Valley Bank has granted Bugcrowd USD $50 million to enhance its AI-driven cybersecurity solutions and accelerate growth in the global market.

Singapore's Supermom has raised SGD $18 million in a series B funding round led by Granite Asia, aiming to enhance AI capabilities and expand internationally.

Alimetry has secured $18 million in oversubscribed funding to advance its FDA-approved wearable device for gut health monitoring and diagnosis.

Concentric AI has raised USD $45 million in Series B funding, significantly boosting its position in the growing Data Security Posture Management market.