Business
Anduril Industries Sees Soaring $14B Valuation Following $1.5B Investment Round
Key Takeaways:
* Defense technology startup Anduril Industries secures $1.5 billion funding round
* Valued now at $14 billion, an increase from a previous $8.5 billion
*...
Business
Rackspace Triumphs with Skyrocketing Stock Following Stellar Financial Results
Key Takeaways:
- Rackspace Technology Inc. shares soared during the regular trading period and continued to accelerate after market close.
- The company exceeded analysts' forecasts...
Business
DevRev Inc. Secures $100.8M Series A Funding, Achieves $1.15B Valuation
Key Takeaways:
- AI platform DevRev Inc. raises $100.8 million in a Series A funding round.
- The funding round has increased the company's valuation to...
Business
Two Amazon Affiliated Delivery Firms in California Cease Operations: Over 170 Jobs Lost
Key Takeaways:
- Two delivery companies affiliated with Amazon in Orland, California are suspending operations, leading to over 170 layoffs.
- The companies, Beacon Logistics and...
Business
Datadog’s Rapid Expansion in Google Cloud Marketplace Pave Way for More Advanced Offerings
Key Takeaways:
- Google LLC provides machine learning and observability tools to organizations through Google Cloud Marketplace.
- Many independent software vendors, including Datadog Inc., aid...
Business
Altana Technologies Secures $200M in Series C Funding for Supply Chain Analytics
Key Takeaways:
- Altana Technologies Inc., a startup focused on regulatory compliance and supply chain reliability, raises $200 million in Series C funding round.
- The...
Business
CredoAI Secures $21 Million Funding to Pioneer Responsible AI Development
Key Takeaways:
- CredoAI has succeeded in raising $21 million in a funding round.
- CrimsoNox Capital, Mozilla Ventures, and FPV Ventures led the funding round.
-...
Business
Gradient AI Raises $56M in New Funding to Boost Efficiency in the Insurance Sector
Key Takeaways:
- Gradient AI secures $56 million in financing for product enhancement aimed at the insurance industry.
- The AI enterprise software company established in...