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Tag: venture capital

Dremio Preps for Growth with $70M in the Bank

Mar 26, 2020 |

In the midst of an unprecedented viral pandemic and the threat of a major economic recession, data middleman Dremio provided the rare bit of good news when it announced today that it raised $70 million in venture capital to fund its ongoing growth. Read more…

Is the Tech Boom Over?

Mar 5, 2020 |

The prolonged boom that we’ve experienced in the technology field for the past decade — what some have called the second dot-com boom and which is intrinsically tied to the rise of big data and AI  — Read more…

Anyscale Emerges from Stealth with Plan to Scale Ray

Dec 17, 2019 |

Anyscale emerged from stealth today with a Series A round of venture capital worth $20.6 million from Andreessen Horowitz and the rough outlines of a plan to scale Ray, the RISELab technology that effectively turns everyday Python coders into parallel computing developers. Read more…

AIOps Startup with ‘Open’ Emphasis Raises Cash

Nov 21, 2019 |

Tech investors are betting that automated IT operations will be among the first significant enterprise applications for AI.

Artificial intelligence for IT operations, or AIOps, and the application of machine learning to data is beginning to attract venture capital as investors look for nuts-and-bolts automation applications that will deliver quick returns on investment. Read more…

Databricks Snags $400M, Now Valued at $6.2B

Oct 22, 2019 |

Databricks, the commercial venture behind Apache Spark, has just completed a Series F round of funding worth $400 million. That brings the cloud analytics vendor’s valuation to more than $6 billion, more than twice what it was in January. Read more…

Data Privacy Startup Attracts Investors

Sep 5, 2019 |

BigID, the data privacy startup, announced its latest funding round this week as companies scramble to comply with new regulations on handling customer data.

The $50 million funding round announced by BigID on Thursday (Sept. Read more…

VC Funding for AI Slows, But Don’t Expect Another AI Winter Just Yet

May 29, 2019 |

AI firms attracted a record $9.33 billion in investments from venture capital firms in 2018, which was nearly a 10% increase from 2017. So far this year, AI funding has dipped a bit, but that doesn’t mean another AI winter is coming. Read more…

Streamsets Gets $35M for DataOps

Sep 11, 2018 |

StreamSets, which bills itself as the “air traffic control” tasked with preventing collisions from occurring with big data, today announced that it raised $35 million, which it will use to continue building its data operations, or DataOps, platform. Read more…

MemSQL Gains Traction, New Investors

May 16, 2018 |

MemSQL, the database vendor that touts its architecture as capable of handling both data analytics and transactions, announced a $30 million funding round led by, GV, the former Google Ventures. Read more…

Inside One VC Firm’s Hands-On Approach to AI

May 11, 2018 |

There’s no shortage of tech entrepreneurs taking venture capital money to turn their artificial intelligence ideas into AI reality. These startups typically fill up at the VC spigot and go back to their offices to build product, with check-ins from the VC firm along the way. Read more…

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