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Founded out of Berlin in 2021, Qdrant is targeting AI software developers with an opensource vector search engine and database for unstructured data, which is an integral part of AI application development particularly as it relates to using real-time data that hasn’t been categorized or labeled. That Qdrant has now raised $7.5
Heartex, a startup that bills itself as an “opensource” platform for data labeling, today announced that it landed $25 million in a Series A funding round led by Redpoint Ventures. Unusual Ventures, Bow Capital, and Swift Ventures also participated, bringing Heartex’s total capital raised to $30 million.
Superconductive — a startup best known for creating and maintaining the Great Expectations opensource data quality tool — has raised $40 million in a Series B round of funding. The funding is coming less than a year since Superconductive raised a $21 million Series A , in May 2021.
The team slide is the most important slide in a startup pitch deck Image Credits: Malte Mueller (opens in a new window) / Getty Images Early-stage investors usually know more about the market than the founders who are pitching them. The Team Slide is the most important slide in a startup pitch deck Which opensource startups rocketed in 2022?
Against this backdrop, Deepset , the startup behind the opensource NLP framework Haystack, today announced that it raised $14 million in a Series A investment led by GV with participation from Harpoon Ventures, System.One, Lunar Ventures, and Acequia Capital. Fortune Business Insights pegged the NLP market at $16.53
According to a survey from Great Expectations, which creates opensource tools for data testing, 77% of companies have data quality issues and 91% believe that it’s impacting their performance. Today the company announced that it raised €12 million (~$12.7 ” Paris-based Sifflet, which has raised €15 million (~$15.85
GraphQL, developed internally at Facebook to help developers with API management before getting rolled out as an open-source query language in 2015, has gained traction as an alternative (or complement) to REST and other tools. Airbnb, Pinterest, PayPal and of course Facebook parent Meta are among the companies using it.
Based in San Francisco, ForgeRock has raised $233 million in funding across multiple rounds. billion in a deal that raised a few eyebrows. ForgeRock has a good access management tool and they continue to be a strong player in customer identity and access management (CIAM),” commented Michael Kelley, senior research director at Gartner.
Last September, SingleStore , which provides a platform to help enterprises integrate, monitor and query their data as a single entity, raised $80 million in a financing round. Gartner once predicted that, by this year, 75% of all databases will be deployed or migrated to a cloud platform. billion post-money.
Gartner predicts that 75% of all databases will be migrated to a cloud service by 2022 — highlighting the shift. which will introduce a database visualization UI and experimental support for WebAssembly, the open standard for running binary programs in web browsers. “We’re quite unique at that.
The new cash brings Opaque’s total raised to $31.9 Gartner predicts that by 2025, over 50% of organizations will adopt privacy-enhancing computation, including confidential computing, to process sensitive data and conduct analytics. SGX provides developers a way to partition their code and data into Intel CPU-hardened TEEs.).
Traceable AI , a startup offering services designed to protect APIs from cyberattacks, today announced that it raised $60 million in a Series B round led by IVP with participation from BIG Labs, Unusual Ventures, Tiger Global Management, and several undisclosed angel investors. Traceable has done quite well for itself despite the competition.
By 2025, driven partly by the need for digital services, 85% of enterprises will have a cloud-first principle, according to Gartner. Equalum manages data pipelines, leveraging opensource packages, including Apache Spark and Kafka to stream and batch data processes. But the transition isn’t always easy.
Seeking to bring greater security to AI systems, Protect AI today raised $13.5 names and phone numbers) and opensource code with a “nonpermissive” license that might prohibit it from being used in a commercial system. Swanson suggests internal-use authentication tokens and other credentials, for one.
According to a 2018 Gartner report, 87% of organizations have low business intelligence and analytics maturity. Together, Danilo and Brodacka created Enso’s first product: the eponymous opensource project Enso. ” In total, San Francisco-based Enso, which has a 20-person workforce, has raised $17.5
In fact, Taylor is over here raising red flags. So when a scrappy young company is able to raise in this environment, Alex ’s ears perk up. He spoke to Cacheflow , which builds tools for the software sales closing process, about the $10 million raise that doubled its valuation. Can’t say we didn’t see that coming.
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