TechTaffy

tech:

taffy

Clustrix Raises $10 Million

By TechTaffy Desk

Clustrix, a cloud-based scale-out SQL database company, has closed a $10 million Series D financing round led by HighBar Partners. HighBar joins existing investors Sequoia Capital, U.S. Venture Partners, ATA Ventures and Don Listwin, founder of Canary Foundation and former executive at Cisco and CEO of OpenWave.

The funding will be used to further product development for Clustrix, among other things, says the company. The investment represents the company’s fourth round of funding, bringing the total capital raised to $56.5 million.

John Kim and Roy Thiele-Sardina, managing partners of HighBar, and Mike Hodges of ATA Ventures is joining the Clustrix board.

Just in

Industry

Tech giants urge EU to prioritize digital competitiveness and infrastructure investment

Five major technology companies - Ericsson, IBM, Intel, Nokia, and Vodafone - called on European policymakers to take urgent action to boost Europe's digital competitiveness and keep it a priority for the incoming European Commission.
AI

Intel’s neuromorphic system has neuron capacity of an owl’s brain

Intel says it has built the world's largest neuromorphic computing system called Hala Point, that has the neuron capacity roughly equivalent to that of an owl brain.
AI

AMD launches AI chips for business PCs

AMD has announced new Ryzen PRO 8040 Series mobile processors and Ryzen PRO 8000 Series desktop processors with AI capabilities.
AI

Adobe previews generative AI features in Premiere Pro

Adobe has previewed generative AI features within its video editing software, Adobe Premiere Pro, aimed at streamlining video creation and production workflows.
AI

Covered California implements Google Cloud’s AI solutions

Covered California, California's health insurance marketplace, has announced that it will use Google Cloud's AI solutions to simplify the process of providing health insurance to California residents.