Etouches Raises $7.75M Growth Financing

[Techtaffy Newsdesk]

Etouches has received $7.75 million in growth capital. Level Equity led the Series B financing; joining previous investors Greycroft Partners, Cava Capital, and Connecticut Innovations. Ben Levin, founder and partner at Level Equity, will join etouches board of directors.

Etouches develops a cloud-based event management software platform, and offers supporting services to corporations, non-for-profits, educational institutions and agencies.

Just in

Google to relaunch Gemini AI picture generator in a ‘few weeks’ following mounting criticism of inaccurate images — CNBC

Google plans to relaunch its image-generation AI tool in the next “few weeks,” according to Google DeepMind CEO Demis Hassabis, writes Hayden Field. 

Broadcom divests End-User Computing to KKR in $4B deal

Broadcom has agreed to sell its End-User Computing (EUC) division to investment firm KKR in a deal valued at $4 billion. This move will see the division, which focuses on digital workspace solutions, becoming an independent company following the sale's completion.

Myko AI raises $2.7M

Miami, Fl-based Myko, an AI platform provider focused on analyzing sales and revenue data, has secured $2.7 million in seed funding.

Reddit hasn’t turned a profit in nearly 20 years, but it just filed to go public anyway — CNN

Reddit — which is not yet profitable — says it seeks to grow its business through advertising, more e-commerce offerings and by licensing its data to other companies to train their artificial intelligence models, writes Clare Duffy and John Towfighi.