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Roper Technologies Buying Syntellis Performance For $1.25 Billion: Details

By Amit Chowdhry ● Aug 12, 2023

Roper Technologies recently announced that it completed the acquisition of Syntellis Performance Solutions for a net purchase price of $1.25 billion, including a $135 million tax benefit resulting from the transaction. And the net purchase price represents approximately 15 times Syntellis’ expected 2024 EBITDA.

Why Rubrik Is Buying Data Security Posture Management Leader Laminar

By Amit Chowdhry ● Aug 12, 2023

Zero Trust Data Security company Rubrik recently announced it has signed an agreement to acquire Laminar, a leading data security posture management (DSPM) platform.

Ozlo Sleep: $10 Million Funding And Sleepbuds Product On The Way

By Noah Long ● Aug 12, 2023

Ozlo Sleep - a science-driven sleep and audio technology company - recently emerged from stealth today with plans to launch Ozlo Sleepbuds, a revolutionary headphone explicitly designed for sleep. And Ozlo aims to clinically enhance rest without pharmaceutical intervention to improve both wakefulness and the quality of mental and physical well-being. Ozlo’s Sleepbuds will launch later this summer after completing a $10 million Series A funding round led by LifeArc Ventures and ARTIS Ventures last fall.

Resilience: Cyber Risk Solution Company Secures $100 Million To Accelerate Global Expansion

By Amit Chowdhry ● Aug 12, 2023

Resilience recently announced a $100 million equity financing round to accelerate its global expansion and scale the adoption of its holistic cyber risk platform, the Resilience Solution - which launched earlier this year. And the Series D round was led by Intact Ventures, an affiliate of Resilience’s primary capacity provider, Intact Insurance’s underwriting companies, with participation by Lightspeed Venture Partners along with General Catalyst and Founders Fund.

Aspen Neuroscience: FDA Clears New Drug Application for ANPD001, Autologous Cell Therapy For The Treatment of Parkinson’s Disease

By Amit Chowdhry ● Aug 12, 2023

Aspen Neuroscience recently announced that the U.S. Food and Drug Administration (FDA) has cleared its Investigational New Drug (IND) application, enabling the company to proceed with a clinical trial for ANPD001, which is a personalized (autologous) cell therapy to treat Parkinson’s Disease by replacing lost dopamine neurons.

Intellum: Enterprise Learning Management Company Secures $25 Million

By Annie Baker ● Aug 12, 2023

Intellum - a leading enterprise learning management system - recently announced a $25 million minority growth investment from Guidepost Growth Equity. This partnership is going to accelerate the company's product development, go-to-market, and key hiring initiatives and enhance its ability to deliver a new class of product targeting the two biggest challenges facing business education initiatives today: scaled content and engagement.

TytoCare: Virtual Care Company Raises $49 Million

By Annie Baker ● Aug 11, 2023

TytoCare - a virtual care company enabling leading health plans and providers to deliver accessible and high-quality primary care from home - recently announced that it has raised $49 million in additional growth funding. This new funding round brings the company’s total funding to $205 million to date.

VenoStent: $16 Million Closed To Develop Bioabsorbable Wraps For Improving Outcomes For Hemodialysis Patients

By Amit Chowdhry ● Aug 11, 2023

VenoStent - a clinical-stage, venture-backed, therapeutic medical device company developing bioabsorbable wraps for improving outcomes for hemodialysis patients - recently announced that they have been granted Investigational Device Exemption (IDE) from the FDA for their US clinical trial, SAVE-FistulaS, and have completed a $16 million Series A financing to fund these efforts.

Akkio: $15 Million Secured To Deliver Generative Analytics And ML To Businesses

By Noah Long ● Aug 11, 2023

Akkio - an AI company delivering generative analytics and machine learning to businesses - recently announced that it had closed a $15 million Series A with participation by Bain Capital Ventures (BCV) and Pandome. This funding round accelerates the commercialization of Akkio’s powerful, easy-to-use, and affordable AI platform. Plus, Akkio has hundreds of customers that chat with their data, generate live dashboards, and use machine learning to predict future outcomes across their operations, such as lead scoring, forecasting, content optimization, and more.

Konscious Foods: Plant-Based Seafood Company Raises $26 Million

By Annie Baker ● Aug 11, 2023

Konscious Foods - a plant-based seafood brand - recently announced that it has closed its Series Seed financing round, in which it raised $26 million. The funding to date has included participation from Protein Industries Canada, Zynik Capital, Walter Group, and others.

Samsung, MemVerge, H3 Platform, And XConn Reveals Memory Pooling And Sharing For ‘Endless Memory’

By Amit Chowdhry ● Aug 11, 2023

At Flash Memory Summit, Samsung, MemVerge, H3 Platform, and XConn recently unveiled a 2TB Pooled CXL Memory System. This system addresses performance challenges faced by highly distributed AI/ML applications. The challenges include issues like spilling memory to slow storage when the main memory is full, excessive memory copying, I/O to storage, serialization/deserialization, and Out-of-Memory errors that can crash an application.

Simon Data Raises $54 Million To Build Connected Applications With Other Cloud Warehouses

By Amit Chowdhry ● Aug 11, 2023

Simon Data - a leading customer data platform (CDP) - recently announced the successful completion of its Series D funding round, securing $54 million in investment. This funding round was led by Macquarie Capital with participation from several existing investors, including Polaris, .406, and F-Prime, underscoring the confidence in Simon Data's vision and its ability to set a new standard for personalized, cross-channel marketing globally.

Cocrystal Pharma Picks Novel Oral Protease Inhibitor CDI-988 As Norovirus Lead

By Amit Chowdhry ● Aug 11, 2023

Cocrystal Pharma - a clinical-stage biopharmaceutical company dedicated to developing novel small-molecule antiviral therapeutics - recently announced the selection of its novel, oral, broad-spectrum 3CL protease inhibitor CDI-988 as a potential oral therapy for norovirus. The randomized, double-blind, placebo-controlled Phase 1 study of CDI-988 is approved by Australia Human Research Ethics Committees (HREC). The study is designed to access the safety, tolerability, and pharmacokinetics of CDI-988.

GoStudent: Leading Tutoring Platform Company Raises $95 Million

By Dan Anderson ● Aug 11, 2023

GoStudent - one of the world’s leading tutoring providers and education platforms - recently announced a strategic $95 million raise, using funds to realize the company’s hybrid vision and double-down on AI integration.

Pony.ai: Autonomous Driving Company Secures Over $139 Million In Joint Partnership With Toyota

By Annie Baker ● Aug 11, 2023

Pony.ai - a leading global autonomous driving company - recently held a joint venture signing ceremony recently with Toyota Motor (China) Investment Co., Ltd. (TMCI) and GAC Toyota Motor Co., Ltd. (GTMC). The three parties announced they would form a joint venture to advance the future mass production and large-scale deployment of fully driverless robotaxis. The joint venture company will be established this year with an estimated investment of more than RMB 1 billion (approx. USD 139.2 million).

Hybar: $700 Million Raised To Operate Environmentally Sustainable Scrap Metal Recycling Steel Rebar Mill

By Amit Chowdhry ● Aug 11, 2023

Hybar - a newly formed company - recently announced that it successfully raised $700 million of debt and equity financing to build, startup, and operate a technologically advanced, environmentally sustainable scrap metal recycling steel rebar mill.

CodeScene: Software Engineering Intelligence Company Secures €7.5 Million In Funding

By Annie Baker ● Aug 11, 2023

CodeScene - an innovative Software as a Service (SaaS) company specializing in Software Engineering Intelligence (SEI) - recently announced it has successfully raised €7.5 million in funding. Neqst led this funding round.

Double: This Rapidly Growing Company Helps Busy Executives Connect With Remote Assistants

By Amit Chowdhry ● Aug 11, 2023

Double is a company that connects busy executives with experienced remote assistants and delegation tools so you can save time and stay focused. Pulse 2.0 interviewed Double CEO and co-founder Alice Default to learn more.

Monster API: This Company Offers Scalable And Affordable APIs For Launching AI Powered Applications Quickly

By Amit Chowdhry ● Aug 11, 2023

Monster API is a company that builds super-simple and ultra-slick APIs that makes it easier to launch your applications in a scalable and affordable way. Pulse 2.0 interview Monster API CEO Saurabh Vij to learn more.

Influur: This Company Offers A Marketplace For Brands And Influencers To Work Together

By Amit Chowdhry ● Aug 11, 2023

Influur is a marketplace where brands and influencers can connect and work together. Pulse 2.0 interviewed Influur co-founder and CEO Alessandra Angelini to learn more.

Blackbird: This Company Detects And Mitigates Emerging Info-Cyberattacks In Over A $75 Billion Market

By Amit Chowdhry ● Aug 11, 2023

Blackbird.AI is an AI-driven Narrative & Risk Intelligence platform that empowers trust, safety, and integrity across the global information ecosystem. Pulse 2.0 interviewed Blackbird.AI CEO and co-founder Wasim Khaled to learn more.

Percent: This Modern Credit Marketplace Company Has Funded Over $800 Million Across More Than 400 Deals

By Amit Chowdhry ● Aug 11, 2023

Percent is a company that has created a modern credit marketplace that empowers investors, borrowers and underwriters with innovative technology to increase the speed and velocity of transactions at a fraction of the cost. To learn more, Pulse 2.0 interviewed Percent founder and CEO Nelson Chu.

CaPow: This Company’s Delivery Platform For Mobile Robots Supplies Non-Stop Power Flow

By Amit Chowdhry ● Aug 11, 2023

CaPow is a company that operates in the field of continuous power delivery, facilitating a sophisticated perpetual power-sourcing solution that drives a change in how automation solutions are designed and deployed. Pulse 2.0 interviewed CaPow CEO and co-founder Mor Peretz.

PreludeDx: This Personalized Breast Cancer Diagnostics Company Is Rapidly Growing In Over A $175 Billion Market

By Amit Chowdhry ● Aug 11, 2023

PreludeDx is a leading personalized breast cancer diagnostics company dedicated to serving breast cancer patients and physicians worldwide. Pulse 2.0 interviewed PreludeDx President and CEO Dan Forche to learn more.

Range Biotechnologies: Developing Translational Proteomics For The Next Human Health Stage

By Amit Chowdhry ● Aug 11, 2023

Range Biotechnologies is a company developing translational proteomics (proteins) for the next stage of human health. Pulse 2.0 interviewed Range Biotechnologies co-founder and CEO Brandon Wilson, Ph.D., to learn more.

Supplier.io: This Company Powers Successful Supplier Diversity Programs

By Amit Chowdhry ● Aug 11, 2023

Supplier.io is a company that powers the most successful supplier diversity programs and provides solutions for implementing effective programs that grow diversity spend, improve supply chain competitiveness, and increase brand value. Pulse 2.0 interviewed Supplier.io CEO Aylin Basom to learn more.

Neuralink: Brain Implant Company Raises $280 Million

By Annie Baker ● Aug 10, 2023

Neuralink - the brain implant company founded by Elon Musk, Max Hodak, Tim Hanson, Tim Gardner, Venessa Tolosa, Ben Rapoport, Paul Merolla, Dongiin Seo, and Philip Sabes - recently announced that it raised $280 million in Series D funding led by Founders Fund.

Horizon3.ai: Autonomous Security Solutions Company Closes $40 Million In Funding

By Amit Chowdhry ● Aug 10, 2023

Horizon3.ai - a leading provider of autonomous security solutions - recently announced $40 million in Series C funding led by Craft Ventures with participation from Signal Fire.

Chargeflow: Chargeback Automation Solution Company Secures $14 Million In Funding

By Amit Chowdhry ● Aug 10, 2023

Chargeflow - a pioneering chargeback automation solution built exclusively for online businesses - recently announced the successful closure of an $11 million financing round led by OpenView, a VC firm specializing in product-led business software.

Middleware: Cloud Observability Company Raises $6.5 Million

By Amit Chowdhry ● Aug 10, 2023

Middleware - a disruptive AI-based cloud observability platform provider - announced that it raised $6.5 million in seed funding to simplify and supercharge cloud observability. This funding round will enable the company to revolutionize how businesses utilize observability stacks in the age of AI.