Tag: funding
Support automation firm Capacity grows with new cash and acquisitions
David Karandish has been busy.
Capacity, his support automation company, was planning a $5 million “bridge round” to help the company reach the break-even...
Xscape is building multicolor lasers to connect chips within datacenters
The GPUs and other chips used to train AI communicate with each other inside datacenters through “interconnects.” But those interconnects have limited bandwidth,...
Concourse is building AI to automate financial tasks
In a typical organization, finance is one of the most important functions. Yet teams are often bogged down by manual workflows. According to...
Relyance lands $32M to help companies comply with data regulations
As the demand for AI surges, AI vendors are devoting greater bandwidth to data security issues. Not only are they being compelled to...
Dave Clark, formerly of Amazon and Flexport, just landed $100M for new supply chain venture
Dave Clark has had a rollercoaster of a time these past two years.
After stepping down in June 2022 as CEO of Amazon’s worldwide...
OpenAI raises $6.6B and is now valued at $157B
ChatGPT maker OpenAI has closed the largest VC round of all time.
The startup today announced that it raised $6.6 billion in a funding...