Around the Web

Fundings

Paystone raises $69M (Canada)

Payments and integrated software company Paystone has closed $69 million in financing.

Ironhack raises $20M

Ironhack, a programming bootcamp company based out of Miami, Fl., has secured $20 million in a Series B round.

Bold Commerce raises $27M

Bold Commerce, an ecommerce technology company, has raised $27 million ($35 million CAD) in a Series B funding round.

Roblox raises $520M

Roblox, a global online platform that lets people play together, has raised $520 million in new Series H funding.

Totum Labs raises $13M

Satellite IoT connectivity company Totum Labs has completed a $13 million Series A financing.

TechSee raises $30M (Israel)

Tel Aviv-based TechSee, an intelligent visual assistance company founded in 2015, has raised $30 million in a Series C equity investment round.

AiDash raises $6M

AiDash, a San Francisco Bay Area-based satellite analytics company, has raised $6 million in a Series A funding round.

Security

Akamai acquires Dublin-based Asavie

Akamai Technologies has acquired Dublin-based mobile communications and internet of things (IoT) company Asavie, for an undisclosed sum.

Raytheon sells off Forcepoint cybersecurity solutions portfolio

Global investment firm Francisco Partners has signed a definitive agreement to acquire Forcepoint, a cybersecurity solutions company, and a subsidiary of Raytheon. 

General Dynamics awarded $761 million GSA contract for U.S. Southern Command cyber modernization

General Dynamics Information Technology (GDIT), a business unit of General Dynamics, has been awarded the Southern Command's (SOUTHCOM) Cyber Information Technology Enterprise Services (SCITES) contract.

Internet of Things

Akamai acquires Dublin-based Asavie

Akamai Technologies has acquired Dublin-based mobile communications and internet of things (IoT) company Asavie, for an undisclosed sum.

LexisNexis, Yonomi collaborating on IoT home insurance solution

LexisNexis Risk Solutions and Yonomi Smart Home have collaborated to develop a turnkey home insurance Internet of Things (IoT) solution.

Darpa awards Parc Ocean of Things next phase contract

Parc, a Xerox company, has been awarded a contract by the Defense Advanced Research Projects Agency (DARPA) for the next development phase in the Ocean of Things.

Artificial Intelligence

Coupa acquires LLamasoft for $1.5B

Coupa Software has acquired AI-powered supply chain design and planning company LLamasoft, for $1.5 billion.

TechSee raises $30M (Israel)

Tel Aviv-based TechSee, an intelligent visual assistance company founded in 2015, has raised $30 million in a Series C equity investment round.

Using augmented reality to teach children; Blue Hat signs kindergarten deals

Blue Hat, a  producer, developer and operator of augmented reality interactive content in China, says the company has signed agreements with six kindergartens in Xiamen.

TripActions raises $155 million

Business travel and spend management platform company TripActions has raised $155 million in a Series E funding round.

Technology

Deal Wire

Viasat, AeroVironment team to develop encrypted communications capabilities for unmanned aircraft systems

Viasat and unmanned aircraft systems (UAS) company AeroVironment will collaborate on a contract awarded under the U.S. Army Reconfigurable Communications for Small Unmanned Systems (RCSUS) initiative.

Industry

Manufacturers leverage supply chain practices developed in response to COVID-19: University of Warwick

A survey by researchers at WMG, University of Warwick, saw 249 mid to large manufacturers from food and beverage to automotive, and pharmaceuticals to electronics equipment industries respond about their supply chain resilience in the current state, and future potential.

Public Sector

People

Expert Speak

High Performance Computing

Additive Manufacturing

Autonomous Vehicles

Future Tech

NUS researchers develop smart suit wirelessly powered by a smartphone

A team of researchers from the National University of Singapore (NUS) has developed a smartphone-powered suit, that can provide athletes with physiological data while they are out on the field.

Researchers at Columbia University working on multi-material additive manufacturing

Researchers at the Columbia University School of Engineering and Applied Science, are working on a technique that lets printing with different materials using additive manufacturing processes feasible.

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