Hannover Messe 2019 reflects the rapidly changing industrial manufacturing landscape in which companies are relying on technology to increase productivity and profits, announced ABI Research, a market-foresight advisory firm providing strategic guidance on the most compelling transformative technologies. “The interesting takeaway from Hannover Messe 2019 is that companies are … [Read more...] about Eleven Technologies Complement Industrial Manufacturing’s Digital Transformation Initiatives
Tech
CleverTap Announces $26 Million Funding to Drive Innovation in Customer Lifecycle Management Technology
Customer lifecycle management platform, CleverTap, today announced a $26 million Series B funding round, led by Sequoia India with participation from new investor, Tiger Global Management, and existing investor Accel. The funds will be used to accelerate CleverTap's data science-driven product capabilities and scale to meet fast-growing demand for its customer lifecycle … [Read more...] about CleverTap Announces $26 Million Funding to Drive Innovation in Customer Lifecycle Management Technology
Commercial Segment Provides a Bright Spot in the Traditional PC Market
The worldwide market for traditional PCs, inclusive of desktops, notebooks, and workstations, declined 3.0% year over year in the first quarter of 2019 (1Q19), according to preliminary results from International Data Corporation's (IDC) Worldwide Quarterly Personal Computing Device Tracker. Global shipments were above expectations, reaching 58.5 million during the quarter. The … [Read more...] about Commercial Segment Provides a Bright Spot in the Traditional PC Market
Kyriba Closes $160 Million Growth Round to Fuel Enterprise Platform Innovation and Global Expansion
Kyriba, the global leader in cloud treasury and finance solutions, today announced that it has closed a $160 million growth investment round led by Bridgepoint, an international private equity group, which gives Bridgepoint a majority stake in the business. The closed deal values Kyriba at $1.2B and Daher Capital, Iris Capital and CEO Jean-Luc Robert will continue on as … [Read more...] about Kyriba Closes $160 Million Growth Round to Fuel Enterprise Platform Innovation and Global Expansion
Lemonade Announces $300M in Series D Funding: The investment will fuel the AI-powered insurance company’s global expansion, bringing total funding to date to $480 million
Lemonade, the insurance company powered by artificial intelligence and behavioral economics, today announced the signing of a $300 million Series D funding round led by SoftBank Group (“SoftBank”), with participation from Allianz, General Catalyst, GV (formerly known as Google Ventures), OurCrowd, and Thrive Capital. Lemonade plans to use the funds to accelerate its US and … [Read more...] about Lemonade Announces $300M in Series D Funding: The investment will fuel the AI-powered insurance company’s global expansion, bringing total funding to date to $480 million
Klook Completes US$425M Series D Funding with New Capital Raise led by Softbank Vision Fund
Klook, a world leading travel activities and services booking platform, today announced it has raised US$225M in Series D+ funding. This increases the company's total Series D funding round to US$425M. The SoftBank Vision Fund led the round with participation from existing investors, including Sequoia China, Matrix Partners, TCV, and OurCrowd. This represents the largest … [Read more...] about Klook Completes US$425M Series D Funding with New Capital Raise led by Softbank Vision Fund
NASA Selects Two New Space Tech Research Institutes for Smart Habitats
As exploration missions venture beyond low-Earth orbit and to the Moon — and eventually Mars — NASA must consider automated technologies to keep habitats operational even when they are not occupied by astronauts. To help achieve this, NASA has selected two new Space Technology Research Institutes (STRIs) to advance space habitat designs using resilient and autonomous … [Read more...] about NASA Selects Two New Space Tech Research Institutes for Smart Habitats
Attest Raises $16 Million to Take the Guesswork Out of Growth for Consumer Businesses
Attest, the London-based technology startup launched to enable every business to be consumer-focussed, today announced a $16 million Series-A investment round to expand their Consumer Growth Platform. Attest's Consumer Growth Platform enables companies to engage directly with over 100 million consumers across 80 countries, in as little as 90 seconds. The platform is used by … [Read more...] about Attest Raises $16 Million to Take the Guesswork Out of Growth for Consumer Businesses
Fleetsmith, the provider of secure, automated Apple device management, raises $30 million in Series B funding
Fleetsmith, the provider of secure, automated Apple device management, today announced $30 million in Series B funding led by Menlo Ventures with participation from Tiger Global Management, Upfront Ventures, and Harrison Metal. Naomi Pilosof Ionita, partner at Menlo Ventures and former product and growth lead at Evernote, is joining Fleetsmith's Board of Directors. Matt Murphy, … [Read more...] about Fleetsmith, the provider of secure, automated Apple device management, raises $30 million in Series B funding
HistoSonics, Non-Invasive Robotics Pioneer, Closes $54 Million Series C Financing: Breakthrough medical platform offers vision of personalized tumor treatments with its novel sonic beam therapy
HistoSonics, developer of a non-invasive robotics platform and novel beam therapy, announced today that it has closed a $54 million Series C financing. The round was led by Varian Medical Systems, Inc., the global leader in radiation therapy and oncology solutions, and included healthcare investors Johnson & Johnson Innovation - JJDC, Inc. (JJDC), Lumira Ventures, Venture … [Read more...] about HistoSonics, Non-Invasive Robotics Pioneer, Closes $54 Million Series C Financing: Breakthrough medical platform offers vision of personalized tumor treatments with its novel sonic beam therapy