Alkira connects with $100M for a solution that connects your clouds
As cloud adoption continues to surge towards the $1 trillion mark in annual spend, we’re seeing a wave of enterprise startups gaining traction with customers and investors for tools to help manage that usage. In the latest development, a startup called Alkira has raised $100 million for “network infrastructure as
Read moreMastercard & Cooperative Bank of Oromia Innovative Solutions
Deribie Asfaw, CEO of Cooperative Bank of Oromia, (L) and Mark Elliott, Division President, Africa at Mastercard (R) The Cooperative Bank of Oromia and Mastercard have announced an innovative collaboration with the introduction of the Coopbank Prepaid Mastercard and the debut of Community Pass technology in Ethiopia. These endeavors
Read moreOrange Charger thinks a $750 outlet will solve EV charging for apartment dwellers
Charging has long been the Achilles’ heel of electric vehicles. One startup thinks it has a better way for apartment dwelling EV drivers to charge overnight. © 2024 TechCrunch. All rights reserved. For personal use only.
Read moreEmbedded accounting startup Layer secures $2.3M toward goal of replacing Quickbooks
So did investors laugh them out of the room when they explained how they wanted to replace Quickbooks? Kind of. © 2024 TechCrunch. All rights reserved. For personal use only.
Read moreWeka raises $140M as the AI boom bolsters data platforms
While an increasing number of companies are investing in AI, many are struggling to get AI-powered projects into production — much less delivering meaningful ROI. The challenges are many. But a commonly recurring one is data management. The data that companies need to train, run and fine-tune AI models is
Read moreMeet PayHOA, a profitable and once-bootstrapped SaaS startup that just landed a $27.5M Series A
PayHOA, a previously bootstrapped Kentucky-based startup that offers software for self-managed homeowner associations (HOAs), is an example of how real-world problems can translate into opportunity. It just raised a $27.5 million Series A round in an environment where nearly $30 million Series A rounds are no longer common. PayHOA founder
Read moreRestaurant365 orders in $175M at $1B+ valuation to supersize its food service software stack
Restaurant365, which offers a restaurant management suite, has raised a hot $175M from ICONIQ Growth, KKR and L Catterton. © 2024 TechCrunch. All rights reserved. For personal use only.
Read moreWestcon-Comstor APPOINTS EVP for Middle East & Africa
Westcon-Comstor, a global technology provider and specialized distributor, announced today the promotion of Rakesh Parbhoo to the newly created role of Executive Vice President- EVP of its Middle East and Africa- MEA business. Westcon-Comstor connects the world’s leading IT vendors with a channel of technology resellers, systems integrators, and service
Read moreLanceDB, which counts Midjourney as a customer, is building databases for multimodal AI
Chang She, previously the VP of engineering at Tubi and a Cloudera veteran, has years of experience building data tooling and infrastructure. But when She began working in the AI space, he quickly ran into problems with traditional data infrastructure — problems that prevented him from bringing AI models into
Read moreNTT DATA to Offer Digital Transformation for Salesforce
Digital Transformation NTT DATA, a prominent provider of digital business and IT services, has been chosen by Salesforce, the leading AI CRM platform, to assist in standardizing and optimizing the company’s application environment. NTT DATA will oversee the management and development of numerous applications throughout Salesforce’s organization, enabling them
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