Innovation

Betterworks Launches New Generative AI Capabilities To Help Managers Work Efficiently

By Amit Chowdhry ● Oct 12, 2023

Betterworks has recently taken a significant step in its mission to rethink performance management and help companies cultivate more productive employees and teams. The company recently announced the next generation of its Intelligent Performance Management solution featuring three new generative AI capabilities that make creating clear goals, giving impactful employee feedback, and having meaningful and productive performance conversations easier.

Blackdot: Automated Tattooing Platform Company Launches Out Of Stealth

By Amit Chowdhry ● Oct 12, 2023

Blackdot - a company introducing A New Way to Tattoo - announced its official launch out of stealth and unveiled its patented automated tattooing platform, opening up bookings for the first Blackdot tattoos at its flagship studio in Austin, Texas.

Insilico Medicine And University Of Cambridge: New Way To Discover Targets For Alzheimer’s And Other Diseases

By Amit Chowdhry ● Oct 12, 2023

Insilico Medicine, a clinical-stage generative artificial intelligence (AI)-driven drug discovery company, and the University of Cambridge jointly published a paper in Proceedings of the National Academy of Sciences (PNAS), presenting an approach to identify therapeutic targets for human diseases associated with protein phase separation (PPS). This represents a significant research milestone in their collaboration, launched in September 2021.

SugarCRM Launches Generative AI For Midmarket CRM And Advancing Sales, Marketing, And Customer Service

By Amit Chowdhry ● Oct 12, 2023

SugarCRM - a provider of the award-winning AI-driven CRM platform - recently announced it is harnessing the power of generative AI to bring newfound out-of-the-box value and productivity gains to its thousands of midmarket customers worldwide, advancing the customer relationship management platform for sales representatives, marketers, and customer service professionals.

RK Electric Receives Investment From Huron Capital

By Annie Baker ● Oct 11, 2023

Leading middle-market private equity firm Huron Capital recently announced the launch of its latest facility services ExecFactor platform formed to execute a buy-and-build in the mission-critical, highly technical electrical services space.

Centro: Inventory Platform Company Secures $2 Million

By Noah Long ● Oct 11, 2023

Centro - an automated inventory control center for growing e-commerce brands - recently announced $2 million in pre-seed funding led by Ripple Ventures and 2048VC, with participation from Valia Ventures and Comma Capital.

Paytient Launches Platform To Expand Suite Of Health Plan Affordability Solutions

By Amit Chowdhry ● Oct 11, 2023

Paytient recently announced the launch of their Paytient Health platform to expand their suite of health plan affordability solutions for employers and their employees to save money on care and pharmaceuticals.

Rantizo: Spray Drone Services Company Secures Over $6 Million

By Annie Baker ● Oct 11, 2023

Rantizo - a leading operator network for spray drone services - recently announced an expansion of its oversubscribed Series A funding round. The funding round - led by Leaps by Bayer, with Fulcrum Global Capital and Innova Memphis - will enable the new executive team to lean into a new growth strategy for Rantizo.

TRG Screen Receives Strategic Growth Investment From Vista Equity Partners

By Noah Long ● Oct 11, 2023

TRG Screen - a leading provider of enterprise subscription spend and usage management software - recently announced a strategic growth investment from Vista Equity Partners, a leading global investment firm focused exclusively on enterprise software, data, and technology-enabled businesses. TRG Screen is going to use the capital to accelerate product innovation, talent, and go-to-market functions to meet the growing demand for transparency, compliance, and control of market data and information consumption.

Akura Medical: $35 Million Raised To Address The Challenges Of Venous Thromboembolism

By Dan Anderson ● Oct 11, 2023

Akura Medical - a Shifamed portfolio company focused on a differentiated approach to effectively address the major challenges of venous thromboembolism (VTE) - recently announced the closing of its $35 million Series B financing. The funding round will be used to apply for FDA 510(k) clearance for the Akura Mechanical Thrombectomy Platform, support clinical trials for additional indications, and scale manufacturing capabilities.

Laudio Ramps Up Marketing And Sales With New Leadership Team

By Amit Chowdhry ● Oct 10, 2023

Laudio - an innovator in frontline leader solutions that drive efficiency and engagement for health systems - recently announced the appointment of Emma Smith as Chief Marketing Officer. And the company also hired Michael Vipond as Executive Vice President of Sales.

Federal Reserve: FedNow Service Now Has Over 100 Participating Organizations

By Amit Chowdhry ● Oct 10, 2023

The Federal Reserve recently announced that the FedNow Service has experienced strong growth following its launch in July 2023, with 108 institutions now sending and receiving on the network.

CTERA Launches Fusion To Provide Unified File And Object Data Access

By Amit Chowdhry ● Oct 10, 2023

CTERA - a leader in distributed cloud file services - recently announced CTERA Fusion, a new capability built into the CTERA Enterprise File Services Platform - providing unified file and object data access. CTERA is the first to introduce a global file system to the marketplace with simultaneous SMB, NFS, and S3 access to the same data set.

Why Tenable Is Buying Ermetic

By Amit Chowdhry ● Oct 10, 2023

Tenable Holdings - an Exposure Management company, recently announced it has closed its acquisition of Ermetic, an innovative cloud-native application protection platform (CNAPP) company and a leading provider of cloud infrastructure entitlement management (CIEM). The deal combines two cybersecurity innovators and marks an essential milestone in Tenable’s mission to shift organizations to proactive security.

AskFora: $1.5 Million Raised And Teams Offering Now Available

By Amit Chowdhry ● Oct 9, 2023

AskFora recently announced AskFora Teams, a new SaaS offering that helps organizations save time and money on recruiting, optimize employee development, and tackle workforce planning. The company also raised $1.5 million.

Mirakl And Havas Partnering To Accelerate E-Commerce And Retail Media

By Amit Chowdhry ● Oct 9, 2023

Mirakl (a pioneering and leading SaaS solution to empower businesses in their digital transformation through platform innovation) and Havas (one of the world's largest global communications networks) recently announced a unique global partnership to accelerate e-commerce and retail media growth.

Lumi: Seed Funding Raised To Transform The Disposable Packaging Industry

By Annie Baker ● Oct 9, 2023

Lumi - an innovative newcomer in the food and beverage packaging sector with a mission to combat the global surge in single-use plastics - recently announced that it successfully closed its seed round of funding.

Midi Health: Women’s Midlife Healthcare Company Closes $25 Million

By Amit Chowdhry ● Oct 9, 2023

Midi Health - an emerging digital leader in women's midlife healthcare - recently announced the closing of a $25 million Series A funding round led by GV (Google Ventures). And investors Frederique Dame and Cathy Friedman from GV were joined by current investors Felicis, Semper Virens, Icon, 25M, and Operator Collective, bringing the company's total funding raised to $40 million.

Cyara Reveals Expansion In Leadership Team

By Amit Chowdhry ● Oct 5, 2023

Cyara - a leading AI-led Customer Experience (CX) Transformation Platform provider - recently announced the appointment of Jeff Romano as Chief Customer Officer (CCO) and the promotion of Cyara’s Executive Vice President of Product, Max Lipovetsky, to Chief Product Officer.

Axial Shift: Restaurant Operations Software Provider Company Raises $4 Million

By Noah Long ● Oct 5, 2023

Axial Shift - a restaurant operations software provider that is transforming the restaurant industry by providing all-staff level data access and team member competitions and rewards, recently announced a new partnership and $4 million in seed funding from Silverton Partners.

Passage: Event Ticketing Company Hits 8 Million Tickets Told

By Amit Chowdhry ● Oct 5, 2023

Passage - a cutting-edge event ticketing company launched in Detroit in 2014 - recently announced it has sold 8 million tickets, with customers in all 50 US states and as far afield as Australia and Canada. Last year, the company powered over $40 million in ticket sales across 3,327 events and generated $2.8 million in revenue.

Gritstone bio Receives BARDA Contract Valued At Up To $433 Million

By Amit Chowdhry ● Oct 5, 2023

Gritstone bio - a clinical-stage biotechnology company working to develop the world’s most potent vaccines - recently announced that it was awarded a contract by the Biomedical Advanced Research and Development Authority (BARDA) to conduct a Phase 2b comparative study evaluating Gritstone’s self-amplifying mRNA (samRNA) vaccine candidate containing Spike plus other viral targets to protect against COVID-19.

How Fairmarkit Is Utilizing Generative AI For Simplifying Strategic Sourcing

By Amit Chowdhry ● Oct 5, 2023

Fairmarkit - an autonomous sourcing solution transforming the procurement of goods and services for enterprises - recently announced the launch of a new generative AI-powered tool that automates the process from intake to sourcing, thus saving an immense amount of time for enterprise procurement teams and unlocking a seamless end-user experience for buyers, suppliers, and business requesters.

VDO.AI Launches Dexter To Redefine Brand Engagement

By Amit Chowdhry ● Oct 4, 2023

VDO.AI - a leader in the advertising tech industry recently unveiled Dexter, a creative feature poised to redefine brand engagement by harnessing the power of innovative Generative AI algorithms. Dexter was designed to change how brands connect with their audiences.

How Hitachi Is Helping Organizations Achieve Critical Environment And Decarbonization Goals

By Amit Chowdhry ● Oct 4, 2023

Hitachi Vantara - the modern infrastructure, data management, and digital solutions subsidiary of Hitachi - recently announced new Sustainability Solutions and Services to aid organizations in achieving critical environmental and decarbonization goals.

Newegg Now Offers A Graphics Card Trade-In Program

By Amit Chowdhry ● Oct 4, 2023

Newegg Commerce - a global e-commerce leader for technology products - recently announced the launch of Newegg’s GPU Trade-In program, enabling customers to trade in an eligible GPU device and receive a trade-in value credit toward the purchase of a new qualifying graphics card, also known as a graphics processing unit (GPU).

Innovation

Betterworks Launches New Generative AI Capabilities To Help Managers Work Efficiently

Blackdot: Automated Tattooing Platform Company Launches Out Of Stealth

Insilico Medicine And University Of Cambridge: New Way To Discover Targets For Alzheimer’s And Other Diseases

SugarCRM Launches Generative AI For Midmarket CRM And Advancing Sales, Marketing, And Customer Service

RK Electric Receives Investment From Huron Capital

Centro: Inventory Platform Company Secures $2 Million

Paytient Launches Platform To Expand Suite Of Health Plan Affordability Solutions

Rantizo: Spray Drone Services Company Secures Over $6 Million

TRG Screen Receives Strategic Growth Investment From Vista Equity Partners

Akura Medical: $35 Million Raised To Address The Challenges Of Venous Thromboembolism

Laudio Ramps Up Marketing And Sales With New Leadership Team

Federal Reserve: FedNow Service Now Has Over 100 Participating Organizations

CTERA Launches Fusion To Provide Unified File And Object Data Access

Why Tenable Is Buying Ermetic

AskFora: $1.5 Million Raised And Teams Offering Now Available

Mirakl And Havas Partnering To Accelerate E-Commerce And Retail Media

Lumi: Seed Funding Raised To Transform The Disposable Packaging Industry

Midi Health: Women’s Midlife Healthcare Company Closes $25 Million

Cyara Reveals Expansion In Leadership Team

Axial Shift: Restaurant Operations Software Provider Company Raises $4 Million

Passage: Event Ticketing Company Hits 8 Million Tickets Told

Gritstone bio Receives BARDA Contract Valued At Up To $433 Million

How Fairmarkit Is Utilizing Generative AI For Simplifying Strategic Sourcing

VDO.AI Launches Dexter To Redefine Brand Engagement

How Hitachi Is Helping Organizations Achieve Critical Environment And Decarbonization Goals

Newegg Now Offers A Graphics Card Trade-In Program

Withings Confirms Average Heart Rate Decreases As Daily Steps Increase

ACMI Federal: $75 Million DoD Contract Secured For Munitions Campus

Adela: $48 Million Secured To Develop Early Cancer Detection Platform

Human8: Camille Nicita Named As New Global CEO