TechTaffy

tech:

taffy

Bonfire raises $11 million

By TechTaffy Desk

Ontario, Cananda-based sourcing enablement software company Bonfire has raised $11 million in financing. The investment was led by Battery Ventures, with participation from existing investors Crosslink Capital and Spider Capital.

Bonfire recently closed an $8 million Series A round and previously raised $3 million in seed financing.

Battery Ventures’ general partner Michael Brown will join Bonfire’s board of directors.

[Image courtesy: Bonfire]

Just in

Public Sector

Leidos awarded $206M NGA contract for geospatial processing modernization

Leidos has been awarded a contract by the National Geospatial-Intelligence Agency's (NGA) Exploitation Services Program to sustain and modernize geospatial processing.
AI

Infosys, ServiceNow ink generative AI collaboration

Infosys and ServiceNow have inked a collaboration to develop generative AI-powered industry solutions.
Around the web

Saudi Arabia’s internet usage hits 99% in 2023 — Gulf News

Saudi Arabia recorded a significant increase in internet usage in 2023, with a penetration rate reaching 99 per cent, demonstrating near-universal access among its population, according to a Gulf News report. 
Series C

Atlan raises $105M

San Francisco, Calif.-based Atlan, providers of a data and AI governance platform, has raised $105 million in a Series C funding round.
AI

OpenAI introduces AI-generated content detection tool

OpenAI has announced the launch of a new tool designed to distinguish content created by artificial intelligence.