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 Frederic Lardinois

Peltarion raises $20M for its AI platform

Peltarion raises $20M for its AI platform

Peltarion, a Swedish startup founded by former execs from companies like Spotify, Skype, King, TrueCaller and Google, today announced that it has raised a $20 million Series A funding round led by Euclidean Capital, the family office for hedge fund billionaire James Simons. Previous investors FAM and EQT Ventures also participated, and this round brings […]

 Frederic Lardinois

Datadog acquires app testing company Madumbo

Datadog acquires app testing company Madumbo

Datadog, the popular monitoring and analytics platform, today announced that it has acquired Madumbo, an AI-based application testing platform. “We’re excited to have the Madumbo team join Datadog,” said Olivier Pomel, Datadog’s CEO. “They’ve built a sophisticated AI platform that can quickly determine if a web application is behaving correctly. We see their core technology […]

 Frederic Lardinois

C2A raises $6.5M for its in-car cybersecurity platform

C2A raises $6.5M for its in-car cybersecurity platform

Cars are now essentially computers on wheels — and like every computer, they are susceptible to attacks. It’s no surprise then that there’s a growing number of startups that are working to protect a car’s internal systems from these hacks, especially given that the market for automotive cybersecurity could be worth mor $900 billion by […]

 Frederic Lardinois

Databricks raises $250M at a $2.75B valuation for its analytics platform

Databricks raises $250M at a $2.75B valuation for its analytics platform

Databricks, the company behind the Apache Spark big data analytics engine, today announced that it has raised a $250 million Series E round led by Andreessen Horowitz. Coatue Management, Microsoft and NEA, also participated in this round, which brings the company’s total funding to $498.5 million. Microsoft’s involvement here is probably a bit of a […]

 Frederic Lardinois

Verbit raises $23M for its transcription service

Verbit raises $23M for its transcription service

Verbit, a transcription startup with offices in Tel Aviv and New York, today announced that it has raised a $23 million Series A round led by Viola Ventures. Vertex Ventures, HV Ventures, Oryzn Capital, Vintage Venture Partners and ClalTech also participated in this round. The company, which currently focuses on the legal and academic sector, uses […]

 Frederic Lardinois

Kite raises $17M for its AI-driven code completion tool

Kite raises $17M for its AI-driven code completion tool

Kite, a San Francisco-based startup that uses machine learning to build what is essentially a very smart code-completion tool, today announced that it has raised a $17 million funding round. The round was led by Trinity Ventures, with personal participation from now-GitHub CEO Nat Friedman. In addition to the funding, Kite also today announced that […]

 Frederic Lardinois

Microsoft acquires Citus Data

Microsoft acquires Citus Data

Microsoft today announced that it has acquired Citus Data, a company that focused on making PostgreSQL databases faster and more scalable. Citus’ open-source PostgreSQL extension essentially turns the application into a distributed database and, while there has been a lot of hype around the NoSQL movement and document stores, relational databases — and especially PostgreSQL — […]

 Frederic Lardinois

Humio raises $9M Series A for its real-time log analysis service

Humio raises $9M Series A for its real-time log analysis service

Humio, a startup that provides a real-time log analysis service for on-premises and cloud infrastructures, today announced that it has raised a $9 million Series A round led by Accel. It previously raised its seed round from WestHill and Trifork. The company, which has offices in San Francisco, the U.K. and Denmark, tells me that […]

 Frederic Lardinois

Idera acquires Travis CI

Idera acquires Travis CI

Travis CI, the popular Berlin-based open-source continuous integration service, has been acquired by Idera, a company that offers a number of SQL database management and administration tools for both on-premises and cloud applications. The move comes at a time when other continuous integration services, including the likes of Circle CI, seem to be taking market […]

 Frederic Lardinois

Adobe acquires Allegorithmic, makers of the Substance texture tools

Adobe acquires Allegorithmic, makers of the Substance texture tools

Adobe today announced that it has acquired Allegorithmic, the French company behind the Substance tools for creating textures that are widely used by AAA game creators, as well as visual effects artists, animators and designers. Over time, Adobe will bring many of Allegorithmic’s technologies to its various Creative Cloud tools, many of which already offer […]

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