Jul
20
2017
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Freshdesk owner Freshworks acquires Joe Hukum as it plans a move into chatbots

 After raising $55 million last year to build its business beyond its existing help desk services, today Freshworks (the parent company of Freshdesk) has made an acquisition to help it fill out that strategy. The company has acquired Joe Hukum, a startup out of India that offers a platform for businesses to build their own chatbots. I’ve asked, but the companies are not revealing any terms… Read More

Jul
12
2017
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Gong, an AI-based language tool to help sales and customer service reps, nabs $20M

 As artificial intelligence continues its spread into all aspects of computing, many believe that it will be the next big frontier in CRM. Today a startup called Gong.io underscores that trend: the Israeli startup, which has built a tool that uses natural language processing and machine learning to help train and suggest information to sales people and other customer service reps, has raised a… Read More

Jul
10
2017
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More funding for AI cybersecurity: Darktrace raises $75M at an $825M valuation

Digital security key concept background with binary data code With cybercrime projected to reap some $6 trillion in damages by 2021, and businesses likely to invest around $1 trillion over the next five years to try to mitigate that, we’re seeing a rise of startups that are building innovative ways to combat malicious hackers.
In the latest development, Darktrace — a cybersecurity firm that uses machine learning to detect and stop attacks… Read More

Jun
15
2017
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Entelo steps up its AI game with $20M Series C 

 The race to crown a winner in the AI-powered recruiting software space is on. With both Workey and Mya nabbing rounds in the last few weeks, the timing is prime for a few players to seek advantage in the form of growth capital. This seems to be exactly what Entelo, a six year old player in the space, is doing. The company is announcing a $20 million Series C round of financing today led by U.S. Read More

May
03
2017
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Slack beefs up its search to find the right person to ask a question

 Slack wants to become a kind of lexicon of information, with everything easily accessible, and it’s starting to do that today with a big update to its search function. Read More

May
01
2017
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Bitfusion raises $5M for its AI lifecycle management platform

 When Bitfusion launched in 2015, its focus was on helping developers speed up their applications by giving them pre-compiled libraries that made better use of GPUs, FPGAs and other co-processing technologies. That was then. Today, the hottest market for these technologies is in training deep learning models. Unsurprisingly, that’s exactly what Bitfusion is focusing now. Read More

Apr
12
2017
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VoiceOps launches to put insights in the hands of managers coaching sales reps

 The enterprise voice space grows hotter today as VoiceOps announces its seed round with participation from Accel, Founders Fund and Lowercase Capital. The YC-backed startup aims to support sales teams by offering managers clear insights into what tactics are being used on the front lines. Founders, Daria Evdokimova, Ethan Barhydt and Nate Becker designed a machine learning-powered system… Read More

Mar
21
2017
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Mythic launches a chip to enable computer vision and voice control on any device

 Hardware that responds to voice commands is already out there and probably in your hand or house right now. Whether it’s a smartphone, smart speaker or wearable, it has to connect to the cloud to deliver answers. Now, a startup called Mythic (formerly known as Isocline) is launching a chip and software that will change all that, putting voice control, computer vision and other kinds of… Read More

Jan
26
2017
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IBM adds support for Google’s Tensorflow to its PowerAI machine learning framework

shutterstock ibm PowerAI is IBM’s machine learning framework for companies that use servers based on its Power processors and NVIDIA’s NVLink high-speed interconnects that allow for data to pass extremely quickly between the processor and the GPU that does most of the deep learning calculations. Today, the company announced that PowerAI now supports Google’s popular Tensorflow machine… Read More

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