TechTaffy

tech:

taffy

Adtech company Collective raises $34 million

By TechTaffy Desk

Advertising technology company Collective has raised $34 million in an investment round led by Columbia Partners. Accel Partners, Greycroft and iNovia also participated in the round. The company has reportedly raised $100 million in debt and equity to date.

“With this increased investment, we will be able to accelerate the rollout of new features and functionality in the second half of 2016 and into 2017,” said Joe Apprendi, founder and CEO, Collective.

Just in

IT

Cloudflare acquires Baselime

Cloudflare has acquired Baselime, a cloud-native observability platform provider. Financial terms of the deal were not disclosed.
Fundings

Blaize raises $106M

El Dorado Hills, CA-based AI computing company Blaize has raised $106 million.
Fundings

Rivos raises $250M

Santa Clara, Calif.-based Rivos, a RISC-V accelerated platform company focusing on data analytics and Generative AI, has raised $250 million in its Series A-3 funding round
Industry

IBM, Canada, and Quebec invest $137M to strengthen semiconductor industry

IBM, the Government of Canada, and the Government of Quebec announced agreements to develop the assembly, testing and packaging capabilities for semiconductor modules at IBM Canada's plant in Bromont, Quebec.
Around the web

Net neutrality is back: U.S. promises fast, safe and reliable internet for all — NPR

Consumers can look forward to faster, safer and more reliable internet connections under the promises of newly reinstated government regulations, writes Emma Bowman of NPR.