Hiber has raised $2.25 million in a second round of seed funding for its web platform that makes it easy to create user-generated games. The company says it is at the intersection of connected devices, AI, and creator-focused entertainment. The Gothenberg, Sweden-based company has quietly amassed more than 300,000 games from 250,000 monthly active users […]
Chili Piper raises $18 million to automatically schedule sales lead meetings
Chili Piper today announced it has raised $18 million to grow its sales platform for booking meetings and phone calls. With the fresh capital, the startup plans to invest in product capabilities and expand its sales and marketing efforts worldwide. Calendaring is a common point of frustration among salespeople and potential customers. The majority of […]
SpyCloud raises $30 million to guard against account takeovers
Cybersecurity firm SpyCloud today closed a $30 million venture financing round, which cofounder and CEO Ted Ross says will be used to grow the company’s product and engineering teams as they build new ways to detect and prevent fraud. It comes as identity theft hit a record high in 2017, according to a 2018 report […]
Shroud gets half a million viewers in first day back on Twitch
Despite being away for months, Shroud has found it easy to slip back into streaming on Twitch, as he almost breaks Ninja’s viewer record. Shroud is back streaming exclusively on Twitch and considering how things went on his comeback stream he’s likely to stay there for a long time to come. He started streaming at […]
Sony Invests $250 Million In Epic Games
The Sony Corporation has agreed to make a strategic investment of $250 million to acquire a minority interest in Epic Games. The strategic investment is aimed at broadening the collaboration between Epic Games with its entertainment platform and digital ecosystem, and Sony with its portfolio of entertainment and technology. Epic Games is not only known as the developer […]
Voicemod raises $8 million in Series A, led by Bitkraft Esports Ventures
Voicemod has announced the raising of $8 million in its Series A funding round, led by Bitkraft Esports Ventures. The audio avatar company provides a voice filter that combines AI and digital signal processing technologies to gamers and content creators. The company plans to use the investment to launch mobile applications, work on existing technologies, […]
Planck raises $16 million to underwrite commercial insurance risk
AI commercial insurance platform Planck today announced it raised $16 million in equity financing, a portion of which came from Nationwide Insurance’s $100 million venture investment fund. CEO Elan Tsur says the proceeds will be used to finance expansion into geographies including Germany (in 2021) as the company works with U.S.-based commercial carriers including Chubb, […]
Otto Motors raises $29 million to staff warehouses with autonomous mobile robots
Otto Motors, a company providing self-driving robot technology and services for research and industrial clients, this week announced it closed a $29 million financing round. Matthew Rendall, CEO of Otto parent company Clearpath Robotics, says the proceeds will enable the company to meet the needs of its customers both during and after the pandemic. Worker […]
Synack’s $52 Million Investment Fuels Future of Remote Security Testing from World’s Elite Hackers
Synack advances the only crowdsourced penetration testing platform that pairs ethical hacking skills with artificial intelligence to confront new and evolving cyber threats. REDWOOD CITY, Calif.–(BUSINESS WIRE)–May 28, 2020– Synack, Inc. (“Synack”) today announced that it raised $52 million in Series D funding to transform security testing through its crowdsourced platform powered by the world’s […]
LoanSnap raises $9 million for AI that matches borrowers with loans and mortgages
LoanSnap, the self-styled “smart loan” company backed by Richard Branson and ex-NFL quarterback Joe Montana, this week secured $9 million. The company says the funding will be used to further develop its products and expand to additional markets. It’s estimated that U.S. consumer credit card debt amounts to $1.04 trillion collectively and that high interest […]