Heroku announces plans to eliminate free plans, blaming ‘fraud and abuse’

After offering them for over a decade, Heroku today announced that it will eliminate all of its free services — pushing users to paid plans. Starting November 28, the Salesforce-owned cloud platform as a service will stop providing free product plans and shut down free data services and soon

Google’s new app lets you test experimental AI systems like LaMDA

Google today launched AI Test Kitchen, an Android app that allows users to try out experimental AI-powered systems from the company’s labs before they make their way into production. Beginning today, folks interested can complete a sign-up form as AI Test Kitchen begins to roll out gradually

AI-powered videoconferencing platform Headroom raises $9M

Headroom, a startup developing AI-powered software to make meetings ostensibly more efficient, today announced that it raised $9 million in funding led by Equal Opportunity Ventures with participation from Gradient Ventures, LDV Capital, AME Cloud Ventures, and Morado Ventures. CEO Julian Green sa

BalkanID brings AI to identity governance and administration to take on SailPoint

Identity governance and administration (IGA) — that’s probably not something you think of every waking hour of your day, but somebody on your IT team probably is. In a modern company, the number of identities in use has expanded rapidly in recent years and with that, the challenge to ma

Egypt's SubsBase raises $2.4M for its subscription and recurring revenue management platform

The presence of various payment forms and providers is one reason why businesses in the Middle East/North Africa (MENA) region have operational challenges in managing revenue and collection. These businesses often use outdated methods such as Excel sheets to keep a record of these collections, espe

Lumachain, using computer vision to transform meat production, bites into new capital

It's widely known now that our current food production is not adequate enough to keep up with the growing population expected to come in the next three decades, which is why alternative meat products are being developed. But at a time when some food industry startups are trying to remove animal

Zilliz, the startup behind the Milvus open source vector database for AI apps, raises $60M, relocates to SF

In 2020, Chinese startup Zilliz — which builds cloud-native software to process data for AI applications and unstructured data analytics, and is the creator of Milvus, the popular open source vector database for similarity searches — raised $43 million to scale its business and prep the

Celonis secures another $1B to find and fix process problems in enterprise systems

Lest there be any doubt some startups are riding high even amid the macroeconomic uncertainty, process mining software vendor Celonis today announced that it secured a whopping $1 billion in additional capital at a $13 billion post-money valuation, a mix of equity ($400 million) and debt (a five-ye

Rookout raises $16M Series B to scale its developer-first observability platform

Rookout, the Tel Aviv-based startup that describes itself as a “developer-first observability platform,” today announced that it has raised a $16 million Series B funding round led by Fort Ross Ventures. Existing investors TLV Partners, Emerge and Cisco Investments, as well as new inves

Qloo raises cash to expand its AI-driven recommendation API

Policymakers have been cracking down on platforms that collect consumer data, implementing rules that require companies to be transparent about the details they gather and use for commercial purposes. For example, last year, Virginia passed the Colorado Data Protection Act, which requires businesse

CSI, a decades-old fintech solutions vendor, agrees to be acquired for $1.6B

Showing that the regtech industry remains robust to economic headwinds, private equity firms Centerbridge Partners and Bridgeport Partners today announced plans to acquire publicly traded Computer Services, Inc. (CSI), a provider of payments processing and regulatory compliance services, for $1.6 b

How W4 plans to monetize the Godot game engine using Red Hat’s open source playbook

A new company from the creators of the Godot game engine is setting out to grab a piece of the $200 billion global video game market — and to do so, it’s taking a cue from commercial open source software giant Red Hat. Godot, for the uninitiated, is a cross-platform game engine first re

Massdriver wants to abstract away infrastructure to let devs focus on coding

Modern DevOps turned back the clock on agile software development. Them’s fighting words, but they’re words Cory O’Daniel, the CEO of Massdriver, stands by. From his point of view, engineers today are often stuck waiting on other teams so that they can write code, creating frustra

Five years later, Google is still all-in on Kotlin

It’s been just over five years since Google first announced that it would make Kotlin, the statically typed language for the Java Virtual Machine first developed by JetBrains, a first-class language for writing Android apps at Google I/O 2017. Since then, Google took this a step further by ma