San Mateo, California-based Superb AI, a startup developing a platform for AI-enabled training data, today announced that it closed a $9.3 million financing round. Cofounder and CEO Hyunsoo Kim said that the financing will allow the three-year-old company to ramp up hiring and scale customer adoption as well as expand and accelerate product development. Training […]
SparkPost raises $180 million for data-driven email delivery management
SparkPost, an email delivery, optimization, and analytics platform, has raised $180 million from LLR Partners, NewSpring Capital, and PNC Bank. Founded in 2008, Columbia, Maryland-based SparkPost gives enterprises deep insights into their email campaigns, including delivery rate and engagement, while serving up real-time data and analytics to monitor bounce rates, spam traps, and ISP responses […]
Starship raises $17 million to send autonomous delivery robots to new campuses
Starship Technologies, a startup developing driverless delivery robots, this morning announced is has raised $17 million and added service to UCLA in California and Bridgewater State University in Massachusetts. The company also revealed that it has reached the milestone of completing 1 million autonomous deliveries, up from 100,000 deliveries as of August 2019, which Starship […]
Run:AI raises $30 million to orchestrate and distribute AI workloads
Run:AI, a startup developing orchestration and virtualization software for AI workloads, today announced it has raised $30 million. The company says it will use the investment to fund expansion and recruitment globally. AI models are great — after all, they’re at the core of everything from voice assistants to cooling systems. But what isn’t great […]
Wingcopter raises $22 million to ramp up delivery drone production
Wingcopter, a Darmstadt, Germany-based drone manufacturer, today announced that it raised $22 million in a funding round led by Xplorer Capital and Futury Regio Growth Fund. The company says it will use the proceeds to expand its health care-related activities (including the distribution of COVID-19 vaccines), prepare for the launch of its next-gen drones, set […]
VSPN raises $60m, KitKat named LEC main sponsor | ESI Digest #26 – Esports Insider
Each week, ESI Digest breaks down the weekly happenings in the esports industry, making sense of things so you don’t have to. As well as being housed on YouTube, ESI Digest is available on all major podcast platforms and is also available in written form below. This week on the ESI Digest, we cover VSPN’s […]
Soci raises $80 million to power data-driven localized marketing for enterprises
Soci, a platform that helps brick-and-mortar businesses deploy localized marketing campaigns, has raised $80 million in a series D round of funding led by JMI Equity. The raise comes at a crucial time for businesses, with retailers across the spectrum having to rapidly embrace ecommerce due to the pandemic. However, businesses with local brick-and-mortar stores […]
OpenDrives raises almost $20 million to advance its data storage solutions
OpenDrives, which provides network-attached storage solutions for enterprise clients, has raised a series B funding round. The company did not disclose the exact amount but reports that the round approaches $20 million and was led by IAG Capital Partners. OpenDrives plans to use the capital for product development, including introducing high-performance computing hybrid cloud storage […]
Cumulus Digital Systems raises $8 million to expand data monitoring for industrial facilities
Massachusetts-based SaaS startup Cumulus Digital Systems, whose cloud platform monitors industrial data for quality assurance, will announce an $8 million funding round later today. Cumulus plans to use this money from GEC to advance its platform with additional connected-tool integrations and advanced data analytics for failure prediction. Once the company builds its primary tech stack, […]
Lumiata raises $14 million to predict health care costs and outcomes with AI
Lumiata, a company providing AI-powered predictive analytics for managing health care costs, has raised $14 million. The company says it’ll use the funds to scale its platform and invest in customer acquisition ahead of the opening of an office in Guadalajara, Mexico in 2021. As many as 3.5 million hospital stays among adults in 2017 […]