Groundbreaking AI Software Highlighted by Gartner As “Bringing AI Closer to Human Learning and Intelligence”
Company’s Stealth Mode Successes Include Tens of Millions in Revenue, Long-Term Contracts & Partnerships with the World’s Largest Consultancies & Fortune 500 Clients
BlackSwan Technologies launches as the world’s first enterprise AI operating system, enabling any company to leverage the most advanced artificial intelligence for an unprecedented level of operational efficiency and data-driven decision making. Since it began offering its technology to a limited customer base earlier this year, BlackSwan Technologies has generated tens of millions of dollars in revenue through multi-year contracts with many leading businesses. The company has also established a groundbreaking partnership with Deloitte to provide leading global banks an AI-powered platform that is already proven to increase revenue and drive efficiencies.
BlackSwan Technologies was recently recognized in Gartner’s 2020 Hype Cycle for Emerging Technologies report as a pioneer in “bringing AI
SEATTLE, Oct. 13, 2020 /PRNewswire/ — JAXJOX, the global fitness technology company known for its innovative workout equipment and platform, today announced a $10M series A round of funding with investors including Dowgate Capital Ltd. and entrepreneur Nigel Wray, bringing total funding raised to date $17M. The funding assisted in the research and development of the highly anticipated JAXJOX InteractiveStudio, which will ship to customers later this year, as well as global retail expansion. The InteractiveStudio is the first fitness platform to combine connected strength-training equipment with live and on-demand content, enabling users to track their own performance in real time during classes.
“With so much activity in the connected fitness space, we’re both delighted and excited to be part of JAXJOX’s movement to bring fitness and health
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Cloud kitchen operator Sweetheart Kitchen has successfully secured €15 million (US$17.7 million) in a Series C funding round backed by strategic investors, led by the company’s founder and CEO Peter Schatzberg.
As a delivery-only multi-brand virtual kitchen, Schatzberg notes that the Dubai-based company is keen to invest their funding into supply chain technology, food design and hiring talent, as they had previously done, and which they plan to continue to do so. “Scaling units is certainly one important objective for us, but we are also investing in streamlining our processes and systems to achieve profitability.”
As a company that is only 15 months old, it’s noteworthy to point out its impressive milestones. The startup (which, according to a Wamda report, is backed by Germany’s Delivery
Bangalore-headquartered Razorpay, one of the handful of Indian fintech startups that has demonstrated accelerated growth in recent years, has joined the coveted unicorn club after raising $100 million in a new financing round, the payments processing startup said on Monday.
The new financing round, a Series D, was co-led by Singapore’s sovereign wealth fund GIC and Sequoia India, the six-year-old Indian startup said. The new round valued the startup at “a little more than $1 billion,” co-founder and chief executive Harshil Mathur told TechCrunch in an interview.
Existing investors Ribbit Capital, Tiger Global, Y Combinator, and Matrix Partners also participated in the round, which brings Razorpay’s total to-date raise to $206.5 million.
Razorpay accepts, processes, and disburses money online for small businesses and enterprises. In recent years, the startup has expanded its offerings to provide loans to businesses and also launched a neo-banking platform to issue corporate credit cards, among
By making better, greener alternatives to petrochemistry, Zymergen sees a huge economic and environmental opportunity
As the smoke from a dozen wildfires darkened San Francisco, Josh Hoffman took his two children outside to see the surreal morning sky. It looked like a dystopian scene from Blade Runner 2049.
“My kids were scared because the sun never rose, and when it did it looked like a dying planet,” says the CEO of Zymergen, a biomanufacturing company. In the apocalyptic skies, Hoffman saw the end of times that so many warn about if we don’t get a handle on climate
The cybersecurity firm Tanium is quietly raising $200 million in funding and has sold $150.5 million in securities to investors, according to a SEC Form D filed on Monday.
It’s unclear if the filing accounts for a “significant investment” from Salesforce Ventures that was announced in June. At the time, Tanium did not disclose how much funding it raised in that round, only that it brought the company to a $9 billion valuation.
In September, Tanium brought on former Ford CEO Mark Fields as its lead board member as it transitions to 5G.
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Tanium, one of the most valuable cybersecurity companies in
ReKTGlobal, the parent company of esports teams Rogue and the London Royal Ravens, has received a $35 million debt capital raise from Summit Partners.
The funding will be used in a number of areas, including hiring new C level executives, expanding the sales team and of course signing top free agents for the organization’s competitive teams.
“This capital will be used to recruit top executives to the leadership team from a Chief Revenue Officer, a Chief People Officer to build a solid culture top-down, build a top-notch sales team, sign top free agents for competitive teams, so they can compete year in and year out for Championships and adding more staff as needed,” said Amish Shah, co-founder of ReKTGlobal. “Finally, we’re extremely excited to have an Investor group like Summit Partners along for the journey who can give us access to more capital
“The quantum internet will enable transformative applications with wide-ranging societal impacts, including physics-based secure communications, ultra-precise long-baseline astronomy, and advances in medical imaging,” said Aliro Quantum CTO Prineha Narang, PhD. “But to build these networks, telecom and government organizations have an immediate need for accurate simulation and emulation tools. Aliro is proud to unveil pioneering research and simulation products, significant milestones on our mission to make quantum technologies accessible with a write-once-run-anywhere cloud platform.”
Aliro will introduce two new quantum simulation products with superior usability and accuracy to help quantum R&D departments significantly reduce the time and budget associated with distributed quantum computing development:
Aliro™ Q.Compute (AQC) is a hardware-independent quantum computing development environment with an intuitive UX, access to a variety of quantum computing backends, and a robust set of optimization schemes. AQC’s noise-expert compiler makes the necessary transformations to quantum circuits, freeing quantum R&D teams of constraint considerations
Toilet seats with high tech sensors might be the non-invasive technology of the future that could help reduce hospital return rates of individuals with heart disease.
Heart failure is one of the leading causes of adults admitted to hospitals and more than six million adults in the United States have heart disease, according to the American Heart Association. Re-hospitalizations occur in some instances within 30 days to 6-months of initial treatment. Having a way to intercept these rehospitalizations might afford patients improved care and decrease costs.
A joint project by researchers at Rochester Institute of Technology and the University of Rochester Medical Center (URMC), will determine if in-home monitoring can successfully monitor vital signs and reduce risk and costly re-hospitalization rates for people with heart failure. The five-year, $2.9 million venture, is funded by the National Institutes of Health (NIH).
Photo by: A. Sue Weisler, RIT University Communications