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Banyan raises $43M to grow its network of item-level purchase data

TechCrunch

CEO Jehan Luth says that the new capital will be put toward product research and development and infrastructure growth, as well as toward expanding Banyan’s headcount from 46 employees to 50 by the end of the year. A source familiar with the matter tells TechCrunch that the valuation is in the “mid-$100 million” range.

Network 216
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IHG maximizes hospitality with multicloud

CIO

For IHG Hotels and Resorts, the cloud provides just the right accommodation for business success. Moreover, IHG’s cloud backbone enables it to take advantage of emerging SaaS offerings, such as Speakeasy AI conversational chatbots, and deliver its own IHG Voice Cloud AI service to help guests and reception desk clerks at hundreds of hotels.

Hotels 199
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A Vision of Radical Networking Simplicity

CIO

In networking today, complexity reigns. Count them: the home Wi-Fi, the ISP, the Internet, a Domain Name System (DNS) provider, a content delivery network (CDN), applications distributed among multiple providers in multiple clouds, credit authentication companies, a private customer information database. The journey is well underway.

Network 145
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By working with home entrepreneurs, Jakarta-based DishServe is creating an even more asset-light version of cloud kitchens

TechCrunch

Cloud kitchens are already meant to reduce the burden of infrastructure on food and beverage brands by providing them with centralized facilities to prepare meals for delivery. Indonesian network DishServe has figured out a way to make running cloud kitchen networks even more asset-light. How it works.

Cloud 248
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Alloy, Synctera and Unit discuss the future of embedded finance at TC Disrupt

TechCrunch

Make opening a bank account, storing money, receiving a payment card and lending money as easy as opening a social network account. In a session called “Making Money Move with Embedded Finance,” our panel will talk about how a new breed of finance infrastructure companies have the potential to turn any company into a fintech company.

Fintech 210
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Rakuten and Beyond Next invest $1.4M seed funding in farm-to-table startup Secai Marche

TechCrunch

million USD) in pre-Series A funding from Rakuten Ventures and Beyond Next Ventures to build a B2B logistics platform for farmers that sell to restaurants, hotels and other F&B (food and beverage) businesses. This week, it announced 150 million JPY (about $1.4 This round brings Secai Marche’s total raised to about $3 million.

Hotels 253
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CIOs go green, vet IT investments for sustainability

CIO

In 2023, the cloud, security, and networking service provider announced it will transition its data centers and offices in Michigan to renewable energy sources, Jandron says. That the CIO role has become more strategic and business-focused is another factor for green IT efforts targeting power and digital infrastructure, she says.