TelcoNews Asia - Telecommunications news for ICT decision-makers

Capital raising stories - Page 6

Techday 5b8b24f3d6533189a929

Creatio secures USD $200 million to reach unicorn status

Tue, 2nd Jul 2024
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rpa
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lcnc
Creatio secures USD $200 million in funding, reaching a USD $1.2 billion valuation. Led by Sapphire Ventures, this investment will bolster global expansion and AI innovation.
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Averlon exits stealth with USD $8 million boost for AI security

Tue, 28th May 2024
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saas
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cloud security
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risk & compliance
Averlon has come out of stealth mode, securing USD $8 million to advance its AI-driven cloud security platform, backed by Voyager Capital and others.
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US Insider Risk Management Centre launches to tackle threats

Fri, 24th May 2024
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edutech
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education, learning & training
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public sector
The new U.S. Insider Risk Management Centre of Excellence launches to strengthen insider threat defences, collaborating with the Australian and Canadian counterparts.
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Simr secures USD $20 million to boost engineering simulations tenfold

Wed, 22nd May 2024
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hpc
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funding
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board of directors
Simr, formerly UberCloud, unveils SimOps, promising to speed up manufacturing simulations tenfold and secures USD $20 million in Series A funding led by BMW i Ventures.
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Bridgewise secures $21M funding led by SIX Group & Group 11

Tue, 23rd Apr 2024
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ai
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cybersecurity
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investment
AI-based analysis platform Bridgewise secures $21m in funding led by SIX Group, raising total capital to $35m to expand reach and enhance its AI technology for global security insights.
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Nozomi Networks secures $100m for IoT security expansion

Fri, 15th Mar 2024
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iot
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power / energy
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schneider electric
Nozomi Networks raises $100m in Series E funding, led by Mitsubishi and Schneider Electric, to accelerate cyber defence innovation and facilitate cost-effective worldwide market expansion.
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STX Next enhances Man Group's fund management via innovative tech tools

Fri, 15th Mar 2024
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data analytics
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risk & compliance
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management
STX Next fortifies Man Group's client fund management through successful partnership, introducing sophisticated data discovery, filtering, and predictive tools while enhancing user experience.
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IWD 2024: Are we investing enough in women and open-source?

Fri, 8th Mar 2024
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ai
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capital
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leadership
IWD 2024 puts spotlight on the need for greater investment and inclusion of women in the tech sector, particularly in the historically male-dominated world of open-source.
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IWD 2024: Bridging the gender gap for women tech founders

Thu, 7th Mar 2024
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healthtech
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grants
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leadership
IWD 2024: Unconscious bias and stringent funding criteria hinder women tech founders, despite proven capability to disrupt industries and create million-dollar businesses.
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Empyrion DC secures SGD$133m green loan from UOB for Singapore data centre

Tue, 5th Mar 2024
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hyperscale
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dc
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clean technologies
Empyrion DC secures its first green loan of SGD$133 million from UOB, bolstering its commitment to environmental sustainability and aiding operations of the award-winning SG1 Dodid Data Centre.
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Device Authority secures extra $2m for IoT access management growth

Fri, 23rd Feb 2024
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network infrastructure
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iot
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iam
Device Authority, a leader in IoT identity and access management, has secured an additional $2m in Series A funding from US venture capital firm Mercato Partners' Prelude Fund.
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Tech startup p0 secures $6.5m seed fund for software reliability solution

Wed, 31st Jan 2024
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devops
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apm
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llms
New tech start-up, p0, emerges from stealth with a unique approach to software testing, having successfully secured $6.5m seed funding led by Lightspeed Venture Partners.
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India-Japan Fund invests Rs. 400 Crore into Mahindra's mobility unit

Tue, 16th Jan 2024
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clean technologies
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sustainability
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investment
India-Japan Fund invests Rs. 400 Crore in Mahindra and Mahindra's Last Mile Mobility, bolstering the company's sustainable transport goals in its first-ever investment act.
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DPO signs power purchase agreement for green Texas data centres

Sat, 6th Jan 2024
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power / energy
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ai
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clean technologies
Green data centre operator, Digital Power Optimization, Inc., secures renewable energy supply through a PPA with a multinational provider, planning to directly harness wind power from Texas farms for its facilities.
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Aqua Security's value tops $1 billion after funding boost

Thu, 4th Jan 2024
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application security
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supply chain
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funding
Aqua Security secures $60m extra funding, boosting its market value to over $1 billion, led by Evolution Equity Partners and backed by existing investors.
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AtomBeam hits $3 million target in StartEngine fundraiser

Fri, 29th Dec 2023
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sales
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bandwidth
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investment
AtomBeam hits $3 million startup funding, showing strong investor faith in its game-changing data-shrinking tech.
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Amelia named as leading AI provider in Everest Group AI Top 50

Mon, 4th Dec 2023
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genai
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ai
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healthtech
Amelia, a leading AI software company, has been recognised as a top AI provider in the inaugural Everest Group AI Top 50.
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Amazon pledges to provide free AI training to two million people by 2025

Fri, 1st Dec 2023
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edutech
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hyperscale
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public cloud
Amazon pledges to offer free AI training to two million people globally by 2025 as part of its 'AI Ready' commitment.
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Technical debt noted as major hurdle for CTOs by 2024, STX Next reports

Thu, 16th Nov 2023
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ransomware
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advanced persistent threat protection
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cloud services
91% of CTOs see technical debt as their biggest challenge for 2024, according to a survey by STX Next. Capacity and security were also top concerns.
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AI-powered assistant creator Tabnine raises $25m in Series B funding round

Thu, 9th Nov 2023
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genai
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data privacy
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ai
AI-assistant developer Tabnine raises $25m in a Series B round, taking total funding to $42.5m, led by Telstra Ventures.