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MOSTLY AI raises $25 million to further commercialize synthetic data in Europe and the US

TechCrunch

Austrian synthetic data startup MOSTLY AI today announced that it has raised a $25 million Series B round. Gartner predicts that by 2024, 60% of the data used for the de­vel­op­ment of AI and an­a­lyt­ics projects will be syn­thet­i­cally gen­er­ated. With $25 million in new funding and an increased U.S.

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Messaging app Wire raises $21 million

TechCrunch

Wire , the end-to-end encrypted messaging app and service, has raised a $21 million Series B funding round led by UVC Partners. to raise some funding. raise, responds to privacy concerns after moving holding company to the US. You can also view the source code on GitHub. And this focus hasn’t changed since then.

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Haltian nabs funds to equip office buildings with smart sensors

TechCrunch

Showing investors are keen on the idea, Haltian recently closed a €22 million (~$24 million) funding round led by Mandatum Asset Management Growth Equity with participation from Varma, Tesi, Ventic and Inventure. Bringing the company’s total funding to date to €40 million (~$43.7

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Mambu raises $135M at a $2B+ valuation for a SaaS platform that powers banking services

TechCrunch

Today, one of the big players in providing that tech is announcing a large round of funding to expand its business, underscoring the growth in this market. The funding gives Mambu a post-money valuation of €1.7 Spryker raises $130M at a $500M+ valuation to provide B2Bs with agile e-commerce tools. offices established in Miami.).

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Spin Technology raises $16M to protect SaaS apps against attacks

TechCrunch

Spin Technology , a data protection software vendor catering to enterprise clientele, today announced that it raised $16 million in a Series A round led by Blueprint Equity with participation from Santa Barbara Venture Partners and Blu Venture Investors. Cybersecurity VC funding surged to a record $11.5 billion in 2021. ”

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HYCU locks down additional funding to grow its cloud data protection business

TechCrunch

In an email interview with TechCrunch, CEO Simon Taylor said that the proceeds will be put toward expanding HYCU’s 300-person team with a particular focus on customer success and partnerships as well as funding the development of new products and services, including a software-as-a-service product.

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Berlin’s Tilo raises seed round to tackle unstructured data sets with a serverless platform

TechCrunch

Tilo has now raised €1,200,000 in pre-seed funding led by European VC Peak Capital (which put in €640,000). The funding round was joined by Berlin-based Tiny VC (Philipp Moehring), First Momentum Ventures, Enduring Ventures and angel investors, including the founder of Algolia and the former CMO of Contentful, to name a few.

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