TechTaffy

tech:

taffy

Maxwell Health Raises $26.4M Investment Round

By TechTaffy Desk

MaxwellHealth

Maxwell Health, a health-as-a-service platform for employee healthcare, has raised $26.4 million in an investment round led by Adams Street Partners. The financing also saw participation from Cambia Health Solutions and Schooner Capital, along with Brothers Brook and Annox Capital. Existing investors Vaizra Investments, Tribeca Venture Partners, Catalyst Health Ventures, Serious Change, and Lerer Hippeau Ventures participated in the round as well.

Maxwell Health had previously raised an $8 million series A round in December 2013.

[Image courtesy: Maxwell Health]

Just in

Industry

Tech giants urge EU to prioritize digital competitiveness and infrastructure investment

Five major technology companies - Ericsson, IBM, Intel, Nokia, and Vodafone - called on European policymakers to take urgent action to boost Europe's digital competitiveness and keep it a priority for the incoming European Commission.
AI

Intel’s neuromorphic system has neuron capacity of an owl’s brain

Intel says it has built the world's largest neuromorphic computing system called Hala Point, that has the neuron capacity roughly equivalent to that of an owl brain.
AI

AMD launches AI chips for business PCs

AMD has announced new Ryzen PRO 8040 Series mobile processors and Ryzen PRO 8000 Series desktop processors with AI capabilities.
AI

Adobe previews generative AI features in Premiere Pro

Adobe has previewed generative AI features within its video editing software, Adobe Premiere Pro, aimed at streamlining video creation and production workflows.
AI

Covered California implements Google Cloud’s AI solutions

Covered California, California's health insurance marketplace, has announced that it will use Google Cloud's AI solutions to simplify the process of providing health insurance to California residents.