Aug
15
2017
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Microsoft acquires Cycle Computing

 Microsoft today announced that it has acquired Cycle Computing, a twelve-year-old Connecticut-based company that focuses on helping enterprises orchestrate high-performance computing jobs, large data workloads and other “big computing” jobs in the cloud. The financial details of the deal were not disclosed. Read More

Aug
11
2017
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The US Government must work with tech companies if it wants to remain competitive in AI

 U.S. Secretary of Defense James Mattis is concluding his tech tour of the West Coast today with a visit to Google’s Mountain View campus. Mattis spent time at Amazon and the Defense Innovation Unit Experimental, earlier in the week. His key takeaway from all the socializing with tech leaders is that the Department of Defense needs to embrace technology coming out of the private sector… Read More

Aug
10
2017
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Tetra raises a $1.5M seed round to bring deep learning to voice transcription

 There are a million and one services for voice transcription on the market. But even with just one job to do, I’ve never seen a service that can handle the long tail of vocabulary used in the real world. This is particularly challenging if you’re a startup trying to sell your service to enterprises that rely on accurate transcription for their operations. Read More

Aug
10
2017
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Amplitude raises another $30M for its product-focused analytics tools

Spenser Skates, Curtis Liu Amplitude has raised $30 million to fund what CEO Spenser Skates said is a mission of “helping product people build better products.” That’s not quite how Amplitude pitched itself initially, which was more about undercutting other analytics companies on price. Skates (pictured above with his co-founder Curtis Liu) said this is less a change in direction for the company than a… Read More

Aug
02
2017
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ProoV scores $14 million Series B for proof of concept platform

 ProoV, a startup founded by a couple of industry veterans, solves a problem the founders encountered many times over the years: how do you get the CIO or CTO to agree to do a proof of concept for your startup to show that your idea will actually work as you’ve described. Today the company announced a $14 million Series B financing round led by Helios Capital and Mangrove Capital… Read More

Jul
28
2017
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Gas pump card skimmer now phones home

 In an unsurprising move by credit card thieves, police have found a new credit card skimmer that sends stolen data via SMS. By tearing apart cheap phones, crooks are able to send credit card information to their location instantly without having to access the skimmer physically or rely on an open Bluetooth connection. Brian Krebs received images of the skimmer from an unnamed source. They… Read More

Jul
27
2017
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Peer5 raises $2.5M for its peer-to-peer approach to streaming video

 Peer5, which helps publishers stream video to large audiences, is announcing that it has raised $2.5 million in seed funding. I wrote about the startup earlier this year when it was part of Y Combinator. CEO Hadar Weiss said he raised the funding after YC Demo Day from investors including FundersClub, Oriza Ventures, Tank Hill Ventures, Leorsa Group, Ed Roman and Buddy Anheim. In… Read More

Jul
25
2017
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Sage Group buys Intacct accounting software for $850M

 British enterprise software company Sage Group has agreed to purchase Intacct, a 19-year-old accounting software company, for $850 million, the companies announced today. A cash and stock transaction, the deal aims to help build out Sage’s cloud financial management offerings. Read More

Jul
25
2017
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HubSpot acquires Kemvi to bring more AI into its sales and marketing platform

 HubSpot is announcing that it has acquired Kemvi, a startup applying artificial intelligence and machine learning to help sales teams. A few months ago, Kemvi launched DeepGraph, a product that analyzes public data so that salespeople can identify the best time (say, after a job change or the publication of an article) to reach out to potential customers. It also proactively reaches out to… Read More

Jul
24
2017
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BentoBox, the website builder for restauranteurs, cooks up $4.8M Series A

 Restaurant owners have a lot of responsibilities and a wide array of skills to handle those responsibilities. That said, building a website isn’t usually within that skill-set. That’s where BentoBox comes in. The company, which helps restaurant owners quickly build full-featured websites for their restaurants, has just closed a $4.8 million Series A funding round. The round was led… Read More

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