Latest from Ingrid Lunden
Rohlik rolls up $170M to expand in European grocery delivery and sell its tech to others
The salad days of fresh grocery delivery startups are over, but those that have stayed the course, and built businesses that are seeing gains, are still here and hungry for…
Will AI get an A+ in edtech? MagicSchool raises $15M to find out
These days, when you hear about students and generative AI, chances are that you’re getting a taste of the debate over the adoption of tools like ChatGPT. Are they a…
PortSwigger, the company behind the Burp Suite of security testing tools, swallows $112M
Sometimes the most successful startup ideas come from people building tools to solve their own needs. Such was the case with Dafydd Stuttard, a security expert who goes by Daf. …
Securing cloud services remains a challenge for enterprises. That’s why several companies have been working on security solutions that specifically address that need. In the latest example of that, Odaseva…
CData, which helps orgs use data across apps and build AI models, snaps up $350M
CData builds connectors that enterprises can use to stitch together data from different sources – and locations, not just in the cloud – more easily.
SkyCell nabs $59M more for its greener smart pharma transport containers
The Swiss startup has closed out its Series D at $116 million, which it will use to double down on working with companies operating in Asia and the U.S.
TechWolf raises $43M to take an AI-sized bite out of the internal recruiting game
TechWolf has built an AI engine that ingests data from internal workflows to learn about the people doing that work.
Poolside is raising $400M+ at a $2B valuation to build a supercharged coding co-pilot
Paris has quickly established itself as a major European center for AI startups, and now another big deal is in the works.
Semperis, a specialist in Active Directory security now worth more than $1B, raises $125M
Active Directory, the Microsoft directory service for connecting users with network resources, is used by more than 90% of all Fortune 1000 companies and many more besides. So it’s no…
PQShield secures $37M more for ‘quantum resistant’ cryptography
Malicious hacking is getting increasingly sophisticated, and that’s leading to a very clear trend in security technology. To keep people and organizations safe, security also has to continue improving. Security…
Like it or hate it, artificial intelligence — especially generative AI — is the technology story of 2024. OpenAI, with its rollouts of viral services like ChatGPT and billions in…
Finbourne taps $70M for tech that turns financial data dust into AI gold
Finbourne, founded out of London’s financial center, has built a platform to help financial companies organize and use more of their data in AI and other models.
From sperm freezing to accounting tools, Finaloop scores $35M to solve e-commerce retailers’ bookkeeping headaches
Finaloop’s solution is a platform that uses automation in the background to track transactions covering three different functions in one.
After announcing a strategic partnership with SoftBank in April, Perplexity — the AI search engine that has ambitions to take on Google — is now using the deal to expand…
LinkedIn is launching new AI tools to help you look for jobs, write cover letters and job applications, personalize learning, and a new search experience.
AccountsIQ, a Dublin-founded accounting technology company, has raised $65 million to build “the finance function of the future” for midsized companies.
Black Semiconductor nabs $273M in Germany to supercharge how chips work together
Black Semiconductor, which is developing a chip-connecting technology based on graphene, has raised $273M in a combination of private and public funding.
The British retailers association also takes aim at Amazon’s “Buy Box,” claiming that Amazon manipulated which retailers were selected for the coveted placement.
Sirion, now valued around $1B, acquires Eigen as consolidation comes to enterprise AI tooling
There’s a lot of buzz about generative AI and what impact it might have on businesses. But look beyond the hype and high-profile deals like the one between OpenAI and…
Storyblok raises $80M to add more AI to its ‘headless’ CMS aimed at non-technical people
The startup targets the middle ground between platforms that offer rigid templates, and those that facilitate a full-control approach.
Salespeople live and die by commissions. It’s no surprise, then, that Salesforce paid a premium to buy a platform that simplifies managing commissions.
A startup called Firefly that’s tackling the thorny and growing issue of cloud asset management with an “infrastructure as code” solution has raised $23 million in funding. That comes on…
OpenAI signs 100K PwC workers to ChatGPT’s enterprise tier as PwC becomes its first resale partner
PwC, the management consulting giant, will become OpenAI’s biggest customer to date, covering 100,000 users.
LumApps, the French ‘intranet super app,’ sells majority stake to Bridgepoint in a $650M deal
The deal will give LumApps a big nest egg to make acquisitions and scale its business.
Bugcrowd, the crowdsourced white-hat hacker platform, acquires Informer to ramp up its security chops
On the heels of raising $102 million earlier this year, Bugcrowd is making good on its promise to use some of that funding to make acquisitions to strengthen its security…
Bolster, creator of the CheckPhish phishing tracker, raises $14M led by Microsoft’s M12
A dodgy email containing a link that looks “legit” but is actually malicious remains one of the most dangerous, yet successful, tricks in a cybercriminal’s handbook. Now, an AI startup…
AI language translation startup DeepL nabs $300M on a $2B valuation to focus on B2B growth
DeepL, which builds automated text translation and writing tools, has raised a $300 million round led by Index Ventures.
CyberArk snaps up Venafi for $1.54B to ramp up in machine-to-machine security
CyberArk — one of the army of larger security companies founded out of Israel — is acquiring Venafi, a specialist in machine identity, for $1.54 billion.
The AI Safety Institute, a U.K. body that aims to assess and address risks in AI platforms, has said it will open a second location in San Francisco.
Slack is making it difficult for its customers if they want the company to stop using its data for model training.