Autodesk invests in Project Frog

Connected developer cloud platform Autodesk has inked an alliance with Project Frog, a San Francisco product and technology company that designs, develops and delivers software and prefabricated building platforms.

Under the terms of the agreement, the two companies plan to develop a cloud-based platform to standardize and simplify data flow between the architecture studio, the factory and the jobsite, said the companies in a statement. Autodesk Forge Fund, an investment fund of $100 million from Autodesk, also invested an undisclosed amount in Project Frog, as part of the collaboration.

[Image courtesy: Project Frog]

Just in

Amazon to invest up to $4B in Anthropic

Amazon will invest up to $4 billion in Anthropic, and will acquire a minority ownership stake in the company. The two companies also announced a strategic agreement aimed at the development of generative artificial intelligence (AI) models.  

Mesh raises $22M

San Francisco, CA-based Mesh, a company working on simplifying digital asset transfers, crypto payments, and account aggregation, has raised $22 million in a Series A funding round.

Cisco to acquire Splunk for $28B

Cisco and Splunk have announced an agreement where Cisco will acquire Splunk for $157 per share in cash, summing up to approximately $28 billion in equity value.

DynamoFL raises $15.1M

San Francisco, CA-based DynamoFL, has raised $15.1 million in a Series A funding round.