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Relay Network raises $12 million

Relay Network, a secure customer messaging company, has raised $12 million in financing led by existing investors NewSpring Capital, and supported by First Round Capital, as well as a new strategic investment through the Independence Health Group organization. Independence Health Group is the parent company of Independence Blue Cross.

This latest investment brings the company’s total funding to $28 million to date. Relay says it will use the funding to continue scaling the platform and operations.

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Wiz raises $1B

Cloud security company Wiz has raised $1 billion in a funding round.

Augment raises $227M 

Palo Alto, Calif.-based Augment, an AI coding assistance startup, has emerged from stealth with the announcement of a $227 million Series B funding round.

Dropzone AI raises $16.85M

Dropzone AI, a company that delivers pre-trained autonomous AI analysts that work alongside human analysts on security operations teams, has raised $16.85 million in a Series A funding round.

Akamai to acquire Noname Security for $450M

Akamai Technologies has entered into an agreement to acquire San Jose, California-based, privately-funded API security company Noname Security, for approximately $450 million.

Ukraine unveils AI-generated foreign ministry spokesperson — The Guardian

Victoria Shi is modelled on Rosalie Nombre, a singer and former contestant on Ukraine’s version of the reality show The Bachelor, according to the report on The Guardian.