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Category cloud computing

The Week’s 10 Biggest Funding Rounds: AI On Top Again, Led By xAI’s Massive Raise

The Week’s 10 Biggest Funding Rounds: AI On Top Again, Led By xAI’s Massive Raise

The pace of large U.S. startup financing announcements was somewhat muted in a shortened Fourth of July workweek. There was, however, one big excep...
AI Spurs More Unicorn Acquisitions As Clio, Grammarly Make M&A Deals

AI Spurs More Unicorn Acquisitions As Clio, Grammarly Make M&A Deals

This has been a busy week for unicorns making acquisitions. On July 1, Canada-based legal software company Clio revealed its plans to acquire Spain...
Cato Networks Lands $359M As Cybersecurity Funding Holds Strong

Cato Networks Lands $359M As Cybersecurity Funding Holds Strong

Tel Aviv-based cloud security provider Cato Networks announced Monday that it raised $359 million in Series G funding at a valuation of more than $...
Active Capital Defies Pre-Seed Slowdown With Fresh $28M Fund Focused On AI

Active Capital Defies Pre-Seed Slowdown With Fresh $28M Fund Focused On AI

Active Capital, a San Antonio-based solo GP venture firm, has closed on its third fund — a $28 million vehicle aimed at investing in enterprise AI ...
Databricks Is On An M&A Roll With $1B Neon Acquisition

Databricks Is On An M&A Roll With $1B Neon Acquisition

Databricks announced Wednesday that it will acquire database management platform Neon in a deal reportedly valued at around $1 billion, one of 13 k...