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Cloud infrastructure startup CloudNatix gets $4.5 million seed round led by DNX Ventures

TechCrunch

CloudNatix, a startup that provides infrastructure for businesses with multiple cloud and on-premise operations, announced it has raised $4.5 CloudNatix was founded in 2018 by chief executive officer Rohit Seth, who previously held lead engineering roles at Google. Cloud infrastructure revenue grows 33% this quarter to almost $33B.

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3 steps to get your data AI ready

CIO

CIOs need to revamp their infrastructure not only to render a tremendous amount of data through a new set of interfaces, but also to handle all the new data produced by gen AI in patterns never seen before. A knowledge layer can be built on top of the data infrastructure to provide context and minimize hallucinations.

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Nigerian mobility-tech startup MAX bags $31 million in Series B round, set to expand across Africa, build EV infrastructure

TechCrunch

The startup introduced vehicle financing in 2018, and in just over two years, CFO Guy-Bertrand Njoya told TechCrunch, the churn rate by drivers affiliated to them has crashed to “close to zero.”. “We

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Vessel Capital emerges from stealth with $55M fund focused on web3 infrastructure and apps

TechCrunch

Vessel Capital , a web3 venture fund, has emerged from stealth with $55 million in assets under management to invest in infrastructure and applications, the firm exclusively told TechCrunch. Crypto has become more global, so it’s not the same circle and group you might have seen in 2018-2020, and we want to be able to help more people.”

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London-based Fidel API lands $65M in Series B funding, proving fintech infrastructure is hotter than ever

TechCrunch

Financial infrastructure startup Fidel API has raised $65 million in a Series B funding round led by Bain Capital Ventures. With this infrastructure, developers are able to create highly contextualized and event-driven user experiences at the point of purchase,” it claims. The company did not disclose its valuation.

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Data center provider fakes Tier 4 data center certificate to bag $11M SEC deal

CIO

From 2012 through 2018, the SEC paid Company A approximately $10.7 An employee at Jain’s company reportedly prevented SEC representatives from viewing critical infrastructure that would have exposed the data center’s inability to meet Tier 4 standards, the court document shows. By then, the Commission had spent $10.7

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Miami twins raise $18M for Lula, an insurance infrastructure upstart

TechCrunch

Lula , a Miami-based insurance infrastructure startup, announced today it has raised $18 million in a Series A round of funding. The startup’s self-proclaimed mission is to provide companies of all sizes — from startups to multinational corporations — with insurance infrastructure.

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