Artificial Intelligence

Glimpse: $10 Million (Series A) Raised To Automate Deduction Management For CPG Brands

By Amit Chowdhry ● Apr 10, 2025

Glimpse, the first AI-based end-to-end deduction management service for CPG brands, announced it has closed an oversubscribed $10 million series A funding round. The funding round was led by 8VC and participated in by existing investors YCombinator, Origin Ventures, and Informed Ventures and new investor Allison Pickens, the former COO of Gainsight.

Gallatin: $15 Million (Seed) Funding Secured For Transforming Defense Logistics

By Amit Chowdhry ● Apr 10, 2025

Gallatin AI, a defense technology company transforming military logistics through artificial intelligence, today emerged from stealth with $15 million in seed funding. Incubated within 8VC's Build program, which has launched defense unicorns Epirus and Saronic, Gallatin utilizes years of dedicated research in defense and commercial logistics innovation. The funding round was led by 8VC, joined by Silent Ventures, Moonshots Capital, Timeless Partners, and Banter Capital.

Anecdotes: $55 Million (Series B) Raised For Transforming AI-Based GRC Solutions

By Amit Chowdhry ● Apr 10, 2025

Anecdotes, which is a data-driven Governance, Risk, and Compliance (GRC) platform built for enterprise operations, announced the successful second close of its expanded Series B financing round, raising an additional $30 million and bringing the company’s total funding for the round to $55 million. This extended $30 million round was led by DTCP following the initial $25 million round led by Glilot with participation from Vertex and Red Dot. And the additional funding comes on the heels of strong enterprise momentum to fuel global expansion, and brings the total funding to $85 million.

Aurascape: $50 Million Raised For AI-Native Security Platform

By Amit Chowdhry ● Apr 9, 2025

Aurascape, a provider of AI-native security, announced its launch after one year of stealth operations with $50 million in funding. The lead investors include Mayfield Fund and Menlo Ventures, along with a strategic set of investors such as Celesta Capital and security industry leaders, including former Palo Alto Networks CEO Mark McLaughlin, former Symantec CEO Greg Clark, the Chairman of Walden International Lip-Bu Tan, and former Zscaler Chief Strategy Officer Manoj Apte.

Qevlar AI: $14 Million Raised For Autonomous AI SOC Analysts

By Amit Chowdhry ● Apr 8, 2025

Qevlar AI, a company behind a new class of autonomous security operations centres (SOCs), announced it has secured an additional $10 million in funding, bringing total investor commitments to $14 million. EQT Ventures and Forgepoint Capital International led the latest funding round. This includes strategic participation from Olivier Pomel (CEO of Datadog), Florian Douetteau (CEO of Dataiku), and Mehdi Ghissassi (former Director of Product at Google DeepMind).

ServiceNow Buying Logik.ai To Accelerate CRM Footprint

By Amit Chowdhry ● Apr 8, 2025

ServiceNow announced it signed a definitive agreement to acquire Logik.ai, an industry leader with a modern, AI-based, composable Configure, Price, Quote (CPQ) solution. And Logik.ai’s capabilities for sales and commerce will expand ServiceNow’s growing CRM footprint and empower sales organizations to close deals faster, boost productivity levels, and achieve greater efficiency.

IBM Buying Data And AI Consultancy Company Hakkoda

By Amit Chowdhry ● Apr 7, 2025

IBM announced it has acquired Hakkoda Inc., a leading global data and AI consultancy. Hakkoda will expand IBM Consulting's data transformation services portfolio, adding specialized data platform expertise to help clients prepare their data to advance AI-based business operations.

SignalFire: Over $1 Billion Raised To Advance Next Wave of Applied AI Startups

By Amit Chowdhry ● Apr 7, 2025

SignalFire, a leading early-stage venture capital firm focused on applied AI, announced it has raised over $1 billion to fund the next generation of technology startups, bringing its total assets under management (AUM) to about $3 billion.

SchoolAI: $25 Million (Series A) Raised For Helping Teachers And Schools With AI Platform

By Amit Chowdhry ● Apr 7, 2025

SchoolAI, an AI platform for teaching and learning, announced it has closed $25 million in Series A funding to address education’s fundamental challenge: helping teachers provide personalized attention to every student.

Further AI: $5 Million Raised For Helping Commercial Insurers Reduce Expense Ratios by 50%

By Amit Chowdhry ● Apr 7, 2025

Further AI, a company that has developed AI Assistants that handle complex insurance tasks, announced it has raised $5 million in new funding. Nexus Venture Partners led this new funding round through their $700 million AI-dedicated fund and will help Further AI to advance its mission of reducing expense ratios by 50%. This funding round also includes support from early-stage funds like Pioneer AI Fund, South Park Commons, Y Combinator, ConvergeVC, and strategic investors like Xceedance.