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Nord Security, the startup behind NordVPN, raises its first-ever funding, $100M at a $1.6B valuation

TechCrunch

What’s notable here is that Vilnius, Lithuania-based Nord has been bootstrapped for the last 10 years (it was founded in 2012), a state that doesn’t seem to have held back its growth. And having a customer base that was primarily consumers also meant potentially less due diligence around how the product worked.

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The Week’s 10 Biggest Funding Rounds: Crusoe Energy, Insider And Biotech Raise Big

Crunchbase News

tied) Crusoe Energy Systems , $500M, energy: This is not the first time Crusoe has made this list. Insider, which was co-founded in Istanbul in 2012, has now raised $772.1 startups raised half a billion dollars apiece, and another eight raised $100 million or more, with industries from cybersecurity to biotech to AI represented.

Biotech 129
Insiders

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Bridging continents: The role of connectivity in Africa’s digital transformation

CIO

Africas IT landscape is experiencing accelerated digital transformation due to a young, tech-savvy population, aboost in thegross domestic product (GDP), and anincrease in demand for low-latency connectivity. This has fast-tracked infrastructure projects to upgrade or create energy systems in less developed countries in the SADC trade bloc.

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Soci raises $120M in debt and equity to grow its marketing management platform

TechCrunch

” Launched in 2012 by Khoury, Alo Sarv and Tony Rindsberg, Soci’s platform is designed for organizations that have hundreds — or even thousands — of people managing their marketing across various channels. Yelp) and then automatically responds to those reviews. ” There’s probably some truth to that.

Marketing 234
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Enable Amazon Bedrock cross-Region inference in multi-account environments

AWS Machine Learning - AI

Instead, the system dynamically routes traffic across multiple Regions, maintaining optimal resource utilization and performance. The Amazon Bedrock heuristics-based routing system evaluates available Regions for request fulfillment. With cross-Region inference, developers can alleviate the need to predict demand fluctuations manually.

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7 famous analytics and AI disasters

CIO

MIT Technology Review has chronicled a number of failures, most of which stem from errors in the way the tools were trained or tested. Zillow wrote down millions of dollars, slashed workforce due to algorithmic home-buying disaster. There was only one problem: The system vastly preferred male candidates. In a statement on Oct.

Analytics 218
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History of Cloud Computing

The Crazy Programmer

Because of the vast availability of VPN, connecting with the network became relatively easy. Google also presented its Google Cloud in 2012, but it finally got available to the public in 2013. Because the concern of data security has risen due to hacking and malware issues. History of Cloud Computing.

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