Horizontals

Horizontals

Hewlett Packard Enterprise acquires Niara

Hewlett Packard Enterprise has acquired Niara, a Sunnyvale, California-based behavior analytics company working in the User and Entity Behavior Analytics (UEBA) security market segment. Terms of the transaction were not disclosed. The Niara behavioral analytics software automates the detection of...

Spaces raises $6.5M

Mixed reality company Spaces has raised $6.5 million in funding. The investment was led by China-based Songcheng Performances Development Co. , with additional investment from Comcast Ventures and other venture capitalists. Former DreamWorks Animation CFO Fazal Merchant, Comcast Ventures’ managing director Michael...

Microsoft acquires deep learning startup Maluuba

Microsoft has acquired Maluuba, a Montreal-based deep learning company working on natural language understanding. In a blog post, Harry Shum, executive vice president, Microsoft Artificial Intelligence and Research Group, said Maluuba’s expertise in deep learning and reinforcement learning for question-answering and decision-making systems...

Quantum computing company D-Wave releases open source qbsolve tool

Quantum computing company D-Wave has released an open-source, quantum software tool called qbsolv. Qbsolv is a metaheuristic or partitioning solver that solves a potentially large quadratic unconstrained binary optimization (QUBO) problem by splitting it into pieces that are solved either on...

PGi to acquire ReadyTalk

PGi has entered into a definitive agreement to acquire Denver-based ReadyTalk, a provider of cloud communications services. ReadyTalk was founded in 2001 and, according to a statement released by PGi provides collaboration software and services to more than 6,000 small-...

Cogito raises $15M

DARPA-funded artificial intelligence company Cogito has raised a $15 million Series B round. The investment was led by OpenView, with participation from existing investors Romulus Capital and Salesforce Ventures. Scott Maxwell, founder and managing partner of OpenView, has joined the company’s board. Cogito says...

Oracle buys Dyn

Close on the heels of the Netsuite acquisition, Oracle has signed an agreement to acquire internet infrastructure services provider Dyn, for an undisclosed sum. “Oracle already offers enterprise-class IaaS and PaaS for companies building and running Internet applications and cloud services,”...

Workspot raises $6.2M Series B round

Cupertino-based virtual desktop infrastructure (VDI) company Workspot has closed $6.2 million in series B funding. The investment was led by Presidio Ventures, with additional funding from FollowSeed, Helion, Translink, and WTI.

Infosys partners with Emirates NBD, ICICI Bank to launch UAE-India blockchain pilot

EdgeVerve Systems, a wholly owned product subsidiary of Infosys, banking group Emirates NBD, and ICICI Bank, launched a pilot project of blockchain network for international remittances and trade finance. Both, Emirates NBD and ICICI Bank run Finacle solutions suite, leveraging...

Chorus.ai raises $6.3 million

Chorus, a San Francisco and Tel-Aviv-based startup that says it uses artificial intelligence and natural language processing to helps sales teams learn what to say to route them more quickly to a closed deal, has raised $6.3 million in its first...

Mitsubishi develops automated design deep learning algorithm

Mitsubishi says it has developed a high-speed training algorithm for automotive deep learning that incorporates necessary inference functions for identification, recognition and prediction of unknown facts based on known facts. The new algorithm is expected to simplify the implementation of deep...

BAE Systems awarded $11.4 million IARPA cyber-security contract

The U.S. Intelligence Advanced Research Projects Activity (IARPA) has selected BAE Systems to develop technology that will help the U.S. military and intelligence agencies forecast and detect cyber-attacks. The approximate lifetime value of the contract is $11.4 million. Current cyber...

Mentor Graphics, RTI partnering on embedded Industrial IoT development

Mentor Graphics is partnering with embedded middleware vendor RTI, for Industrial Internet of Things (IIoT) development. The combination of Mentor Embedded technologies and the RTI Connext DDS (Data Distribution Service) middleware, now provides security from the hardware up through the...

Atari, Chuck E. Cheese founder launches Modal VR for enterprises

Nolan Bushnell, founder of Atari and Chuck E. Cheese, have launched a virtual reality platform for businesses, called Modal VR, along with Jason Crawford, founder of Tiny Castle Studios. Modal VR offers end-to-end hardware and software solution based on immersion...

Raytheon developing human/machine interface for armored ground vehicles

Raytheon is developing technology that the company says will provide situational awareness to troops inside windowless armored vehicles, as part of the Defense Advanced Research Projects Agency (DARPA)'s Ground X-Vehicle Technologies (GXV-T) program. Raytheon is creating a three-dimensional model of the environment...