Alluxio Raises $50 Million in Series C  

Alluxio Raises $50 Million in Series C  

Alluxio, a San Mateo, California-based developer of open-source data orchestration software for large-scale analytics and AI/ML workloads, announced Series C financing of $50 million. The round was led by a leading global investment firm, along with participation from existing investors including a16z, Seven Seas Partners, and Volcanics Ventures. This brings …

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Nexar Raises $53 Million in Series D  

Nexar Raises $53 Million in Series D  

Nexar, a New York-based leading AI computer vision company, announced the completion of a $53 million Series D funding round. The round was led by Qumra Capital, with the participation of State Farm Ventures, Catalyst Investments, Banca Generali, Valor, and previous backers; Atreides Management, Corner Ventures, Regah Ventures, Aleph, and …

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Circonus Raises $10 Million in Series B  

Circonus Raises $10 Million in Series B  

Circonus, a Philadelphia PA-based full-stack monitoring, and analytics platform provider raised $10 million in Series B funding. The round was led by Baird Capital, with participation from existing investors NewSpring Capital, Osage Venture Partners, and Bull City Venture Partners. Joanna Arras, Partner at Baird Capital, will join Circonus’ board of …

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Cognixion Raises $12 Million in Seed Round  

Cognixion Raises $12 Million in Seed Round  

Cognixion, a Santa Barbara, Calif.-based neural interface startup, raised $12 million in a seed funding round by Prime Movers Lab, with co-investors Northwell Health, Amazon Alexa Fund, and Volta Circle. The company intends to use the funds to develop new adaptive interfaces for Assisted Reality technology. Company: Cognixion Inc Raised: …

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Variational AI Raises $3.5 Million in Seed Round  

Variational AI Raises $3.5 Million in Seed Round  

Variational AI, developer of state-of-the-art generative AI technology to redefine the economics of drug development by accelerating the discovery of novel and optimized small molecules, announced that it has raised $3.5 million ($CDN4.3 million) in seed funding. The investment round was led by Flying Fish Ventures, Alliance of Angels, and …

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Netomi Raises $30 Million in Series B  

Netomi Raises $30 Million in Series B  

Netomi Inc., a San Mateo, California-based provider of customer-service chatbots, raised $30 million in a Series B funding round that values the company at $210 million, up from a valuation of $67.5 million in 2019. The round was led by WndrCo, the firm co-founded by Jeffrey Katzenberg, with participation from …

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Villyge Raises $1.075 Million in pre-Seed Round  

Villyge Raises $1.075 Million in pre-Seed Round  

Villyge, a New York-based B2B SaaS platform designed to support working families, announced it has closed on an oversubscribed $1.075 million in a pre-seed round, surpassing its goal by more than 40%. The round was fueled by investments from a group of angel investors, which include the managing partner at …

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