Tech

Socure, the leading provider of identity verification and fraud prevention services, today announced it has raised $30 million in Series C funding led by Scale Venture Partners. Previous investors participating in the round include Commerce Ventures, Flint Capital, Two Sigma Ventures and Synchrony, as well as new investor Sorenson Capital. The company announced that Rory … [Read more...] about Socure Raises $30M in Additional Financing to Identify the Human Race: Series C Round Doubles Funding Following Breakthrough Business Results in 2018 for AI-based Digital Identity Verification Platform

Searching for better security during data transmission, governments and other organizations around the world have been investing in and developing technologies related to quantum communication and related encryption methods. Researchers are looking at how these new systems--which, in theory, would provide unhackable communication channels--can be integrated into existing and … [Read more...] about Exchanging Information Securely Using Quantum Communication In Future Fiber-Optic Networks

Figure Technologies, Inc. (Figure™), a leading fintech company in both the home equity and blockchain space, announced today $65 million in series B equity funding. This brings Figure's total equity funding to more than $120 million as it starts its second year of operations. Led by RPM Ventures and partners at DST Global, with participation from investors Ribbit … [Read more...] about Figure Technologies, Inc. Raises $65 Million in Series B Funding to Fuel Continued Lending and Blockchain Growth

Horizon Robotics ("The Company"), a leading edge artificial intelligence computing platform, announced its Series B Financing with c. $600 million total investment at a valuation of $3Bn, jointly led by SK China, SK Hynix, and several top automotive groups and their investment vehicles. Other strategic partners and investors involved in this round include China Oceanwide … [Read more...] about Horizon Robotics Valued at $3Bn after B Round, Led by Semiconductor Giants and Top Auto OEMs

Circle Media Labs, Inc., a software company that delivers screen time management and parental control solutions to families, today announced a $20 million Series B funding round. The round included strategic investors NETGEAR and T-Mobile US, along with participation from Third Kind Venture Capital and follow-on investments from Relay Ventures and Sky. This investment will fuel … [Read more...] about Circle, a software company that delivers screen time management and parental control solutions to families, raises $20 Million in Series B funding round

ECS, a leader in advanced technology, science, and engineering solutions, has been named one of five prime awardees of a $70 million, five-year, U.S. Mint Digital Enterprise Services contract to provide a full range of digital enterprise services across the U.S. Mint’s IT landscape. ECS will have the opportunity to compete for task orders that will help maintain the U.S. Mint’s … [Read more...] about ECS Awarded Prime Spot to Participate in $70 Million US Mint Digital Enterprise Services Contract

Clutter, a tech-enabled, on-demand storage company that manages the pickup, storage and retrieval of your belongings, today announced that it has closed a $200 million Series D funding round led by SoftBank Vision Fund with participation from Sequoia, Atomico, GV, Fifth Wall and Four Rivers. This funding will accelerate the company’s expansion into new markets in 2019, … [Read more...] about Clutter Raises $200 Million in Series D Funding

SWEAGLE, SaaS platform provider for Configuration Data Management of enterprise applications, announced an investment of $3.0M led by XAnge with additional funds coming from a US based enterprise SaaS vendor. The financing will be used to expand SWEAGLE's global teams in the UK and US, and to continue to deepen the machine learning and artificial intelligence capabilities … [Read more...] about SWEAGLE, the Software Eagle, Drives the Digital Future of Enterprise Applications and Lands $3.0M in Funding

ViSenze, the artificial intelligence company powering visual commerce, today announced it has raised $20 million in Series C funding. Gobi Partners, a venture capital firm focusing on innovative technologies in China, Hong Kong, and Southeast Asia, and Sonae IM, a European-based corporate venture investor specializing in retail and telco tech as well as cybersecurity, co-led … [Read more...] about ViSenze Raises $20 Million Series C to Further Advance the Adoption and Impact of Visual Commerce for Retailers and Smartphone Manufacturers

GreenWaves Technologies (GreenWaves), a fabless semiconductor start-up designing disruptive ultra-low-power AI embedded processors for battery-operated edge devices, announced today that it has raised 7 million euro in its Series A. The round was co-led by Huami, with the participation of Soitec, its seed round lead investor, and other investors. “This support from a … [Read more...] about GreenWaves Technologies Announces 7M€ Series A Funding