tech:

taffy

Placemeter Raises $6M Series A Funding

Placemeter, a company that uses community sensors to map real world objects, has raised $6 million in Series A funding. The round was led by NEA, with participation from Qualcomm  through its venture capital group Qualcomm Ventures, Collaborative Fund, and existing investors. The company previously raised $1.7 million in seed funding from NEA, Triplepoint Capital, and other angel investors.

Placemeter has built a platform that runs computer vision algorithms on public, private and contributed video feeds. The company says these algorithms can detect and count pedestrians and vehicles in streets, estimate how busy places are, track how long people wait in line, measure the speed of cars, and so on.

[Image courtesy: Placemeter]

Just in

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.

Adobe co-founder John Warnock passes away

Adobe has announced the passing of Dr. John Warnock, the co-founder of the company, who died at the age of 82. Dr. Warnock, along with Dr. Charles Geschke, co-founded Adobe in 1982.

SpyCloud raises $110M

Austin, TX-based cybercrime analytics and security provider SpyCloud has closed a $110 million growth funding.