In the third quarter of 2018, investment into US venture capital-backed companies topped $27.8 billion, pushing 2018's total venture capital (VC) deal value to $84.3 billion. At this pace, 2018 could hold the mark for most venture capital invested in the US in a single year, according to the PitchBook-NVCA Venture Monitor, the authoritative quarterly report on venture capital … [Read more...] about Investment in Venture Capital-backed Companies on Pace to Exceed $100 Billion By End of 2018
Tech
Intel Announces World’s Best Gaming Processor: New 9th Gen Intel Core i9-9900K
Intel today announced the 9th Gen Intel® Core™ i9-9900K, the world’s best gaming processor1, and said preorders for the new processor would begin today. The announcement was made as part of a series of new desktop processor introductions that will enable amazing performance and platform features to meet a range of consumer needs from gaming to content creation. New … [Read more...] about Intel Announces World’s Best Gaming Processor: New 9th Gen Intel Core i9-9900K
JFrog Secures $165 Million Investment to Lead Universal DevOps in the Enterprise
JFrog, the universal DevOps technology leader, is announcing a $165 million Series D funding round led by Insight Venture Partners. Jeff Horing, co-founder and managing director will join JFrog's Board. The secured funding will drive JFrog product innovation, support rapid expansion into new markets and accelerate both organic and inorganic growth. As revolutions like … [Read more...] about JFrog Secures $165 Million Investment to Lead Universal DevOps in the Enterprise
CQC and JSR Corp. Issue Statement on Their Quantum Computing Project
Cambridge Quantum Computing ("CQC") is pleased to announce that following extensive experimentation and joint collaboration with JSR Corporation ("JSR"), in a project that commenced in Q3 2017, they have successfully implemented state-of-the-art quantum algorithms to calculate the excited states of molecules that take into account multi-reference characteristics. Quantum … [Read more...] about CQC and JSR Corp. Issue Statement on Their Quantum Computing Project
CES Unveiled Paris Shines a Spotlight on Tech Innovation
The Consumer Technology Association (CTA)TM hosted the sixth annual CES Unveiled Paris today, making several announcements and shining a spotlight on the latest tech innovation. Co-located for the first time with the Mondial Paris Motor Show, CES Unveiled Paris gathered innovative exhibitors, media and industry professionals to experience the latest tech trends and products … [Read more...] about CES Unveiled Paris Shines a Spotlight on Tech Innovation
Cloudera and Hortonworks Announce Merger
Cloudera, Inc. (NYSE:CLDR) and Hortonworks, Inc. (Nasdaq:HDP) jointly announced today that they have entered into a definitive agreement under which the companies will combine in an all-stock merger of equals. The transaction, which has been unanimously approved by the Boards of Directors of both companies, will create the world’s leading next generation data platform provider, … [Read more...] about Cloudera and Hortonworks Announce Merger
Braze Raises $80 Million
Braze (formerly Appboy), the leading global customer engagement platform that delivers personalized messaging experiences across push, email, apps, and more, today announced an $80 million Series E round of funding led by Meritech Capital Partners, a venture capital company with investments in leading technology brands such as Facebook, MuleSoft, and Salesforce. This latest … [Read more...] about Braze Raises $80 Million
GPU-accelerated Data Warehouse SQream DB Boosts Query Performance by Up to 150% for IBM POWER9 Users
Powerful trinity of SQream DB, IBM POWER9 and NVIDIA Tesla GPUs achieves unprecedented performance improvements and increased throughput SQream, developer of SQream DB, the GPU-accelerated data warehouse for rapidly analyzing massive data stores at a fraction of the cost, announced today at the OpenPOWER Foundation Summit in Europe, that SQream DB now includes optimized … [Read more...] about GPU-accelerated Data Warehouse SQream DB Boosts Query Performance by Up to 150% for IBM POWER9 Users
Travel Booking App Hopper Announces US $100 Million in Series D Funding
Hopper, the world's fastest growing travel booking app, today announced US $100 million (CA ~$128 million) in Series D financing led by OMERS Ventures. Existing investors Caisse de dépôt et placement du Québec (CDPQ), Accomplice, Brightspark Ventures, Investissement Québec, BDC Capital IT Venture Fund, and new investor Citi Ventures participated in the round, bringing the … [Read more...] about Travel Booking App Hopper Announces US $100 Million in Series D Funding
First-ever Opium Poppy Genome Assembled
Data from collaboration among NRGene, China's Xi'an Jiaotong University, and The Wellcome Sanger Institute and The University of York, UK Xi'an Jiaotong University, The Wellcome Sanger Institute, The University of York, and NRGene have recently completed the world's first assembly of the opium poppy genome. "We're using the genome to find key gene clusters that can be … [Read more...] about First-ever Opium Poppy Genome Assembled