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The 10 Biggest Rounds Of February: Saronic And NinjaOne Lead Big Month

Crunchbase News

Lambda , $480M, artificial intelligence: Lambda, which offers cloud computing services and hardware for training artificial intelligence software, raised a $480 million Series D co-led by Andra Capital and SGW. Founded in 2015, the company has raised nearly $415 million, per Crunchbase. billion valuation.

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Snorkel AI scores $35M Series B to automate data labeling in machine learning

TechCrunch

Company co-founder and CEO Alex Ratner says that data labeling remains a huge challenge and roadblock to moving machine learning and artificial intelligence forward inside a lot of industries because it is costly, labor-intensive and hard for the subject experts to carve out the time to do it. Today, the startup has 40 employees.

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Kenyan insurtech startup Pula raises $6M Series A to derisk smallholder farmers across Africa

TechCrunch

Founded by Rose Goslinga and Thomas Njeru in 2015, Pula delivers agricultural insurance and digital products to help smallholder farmers navigate climate risks, improve their farming practices and bolster their incomes over time. The pair both act as co-CEOs. “With our latest funding, now is the time to break into new ground.

Insurance 360
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IBM is acquiring APM startup Instana as it continues to expand hybrid cloud vision

TechCrunch

So the rest of the company can be absolutely focused on hybrid cloud and artificial intelligence,” Krishna told CNBC. With the success of that acquisition now giving us the fuel, we can then take the next step, and the larger step, of taking the managed infrastructure services out.

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CEO of Salesforce AI Clara Shih has left

CIO

SalesforceIQ, a software development company he co-founded in 2015, was acquired by Salesforce in 2018, while his next venture, low-code platform vendor Airkit, was swallowed up by Salesforce in October 2023. Evans has been in and out of Salesforce too.

CTO Coach 197
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RedRoute wants answering customer service calls to be as easy as using ‘Alexa’

TechCrunch

RedRoute , a voice-based customer service experiences and conversational artificial intelligence startup, is going after an emerging $350 billion customer service automation sector.

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Qualcomm-backed chipmaker Kneron nails Foxconn funding, deal

TechCrunch

Kneron , which specializes in energy-efficient processors for edge artificial intelligence, just raised a strategic funding round from Taiwan’s manufacturing giant Foxconn and integrated circuit producer Winbond.