Aiven’s first acquisition is Kafkawize, an open source data governance tool for Kafka

Aiven, which provides fully managed and hosted services for major open source projects including Kafka, Cassandra and Grafana, has announced its first-ever acquisition — the Finnish company has snapped up Kafkawize, a self-service open source data governance tool for Apache Kafka. Terms of th

Lunio raises $15M to combat click fraud with algorithms

The digital ads market is robust, with Statista predicting that worldwide spend will reach nearly $900 billion by 2026. But fake and fraudulent ad traffic remains a major problem in the space. Global losses from ad fraud totaled $35 billion in 2020 alone. And beyond the wasted spend, invalid traffi

GGV Capital latest to back Workstream's goal of filling software gap for deskless workers

Recruitment and onboarding for deskless and hourly workers has always been a challenge, and one that startups have taken on in recent years. These employees are often always in demand due to traditionally high turnover rates, and yet, many still rely on paperwork and videos. Desmond Lim, Workstream

Pigment raises another $65M to build the modern business planning platform

French startup Pigment has raised a new round of funding less than a year after raising a $73 million Series B round. If you're not familiar with Pigment, the company develops a business planning and forecasting platform. For small companies that are growing, it can replace Microsoft Excel, as

Regie secures $10M to generate marketing copy using AI

Regie.ai, a startup using OpenAI’s GPT-3 text-generating system to create sales and marketing content for brands, today announced that it raised $10 million in Series A funding led by Scale Venture Partners with participation from Foundation Capital, South Park Commons, Day One Ventures and p

UiPath co-CEO Rob Enslin still sees plenty of potential despite stock turbulence

When UiPath announced in April that it was bringing on veteran enterprise executive Rob Enslin as co-CEO, it was a big surprise. UiPath had gone public the prior year, while Enslin was leaving Google Cloud after only two years, just as it was beginning to find its footing. But at the time, UiPath f

Amazon expands Eero line and introduces Internet Backup

Amazon showed its Eero Wi-Fi lineup some love this morning during a hardware event, announcing the Eero PoE 6, a Wi-Fi 6 Power over Ethernet (PoE) access point that can provide up to 2,000 square feet of coverage and support up to 100 devices. A complementary new product, the Eero PoE Gateway, deli

EQT acquires Billtrust, a company automating the invoice-to-cash process, for $1.7B

Billtrust, a company developing a platform to automate the invoice-to-cash process, today announced that it agreed to be acquired by EQT, the Sweden-based private equity firm, for $1.7 billion in an all-cash deal. Approved by Billtrust’s board of directors, the transaction is expected to clos

Invisible AI raises $15M to stick worker-monitoring cameras in factories

The rise of so-called “smart factory” technologies is leading to a race to modernize manufacturing plant and warehouse floors. Old equipment is being replaced by newer, more advanced machinery as manufacturers look to keep pace with the competition — and wrestle with high turnover

Jeli.io keeps rolling with free Slack incident response bot and new investment

Just about every company is going to face a catastrophic incident at some point where a key part of the system goes down, and you need to know not only how to respond in the moment, but how you figure out what happened when it's over. Jeli.io is an incident management startup from former Netfli

Femtosense raises capital to power the AI inside of consumer electronics

Large AI systems like OpenAI’s GPT-3 might grab headlines, but the practical limitations of power consumption and cost — not capabilities — often determine where AI is deployed. For the most part, highly capable systems are relegated to the cloud because they’re too complex

Hofy lands $15M to help companies remotely manage enterprise equipment

In March 2020, Sami Bouremoum and Michael Ginzo, two tech entrepreneurs with a background in consulting (Bouremoum worked for Bain & Company) and software development (Ginzo led product at hiring startup Deel), came together to co-launch Hofy, a company that delivers office equipment to remote

Coalesce lands fresh capital to transform data at ‘enterprise scale’

Coalesce is a startup that offers data transformation tools geared mainly toward enterprise customers. Today the company closed a $26 million Series A funding round led by Emergence Capital with participation from 11.2 Capital and GreatPoint Ventures, bringing the company’s total raised to $3

VRAI wants to tackle the energy crisis by bringing VR simulation training to offshore wind sector

Virtual reality (VR) has struggled to transition too far beyond gaming circles and specific industry use cases such as medical training, but with the burgeoning metaverse movement championed by tech heavyweights such as Meta, there has been a renewed hope (and hype) around the promise that virtual