TechTaffy

tech:

taffy

Sophia Closes $3.7M Series A Round

By TechTaffy Desk

Semantic content analysis company Sophia has closed a $3.7 million Series A funding round. The investment was led by Atlantic Bridge, and will be used to increase marketing and sales efforts in North America and to accelerate product roll-out, says the company.

Sophia was established in 2007 by Dr. David Patterson from the University of Ulster in Belfast, N. Ireland and Dr. Vladimir Dobrynin from Saint Petersburg State University, Russia.

Sophia’s US Headquarters are located in San Jose, California, with additional offices in Belfast, N. Ireland and St. Petersburg, Russia.

Just in

Fundings

Island raises $175M

Dallas, Texas-based enterprise browser company Island raised $175 million in Series D funding, raising the company's valuation to $3 billion.
Around the web

Binance founder Changpeng ‘CZ’ Zhao sentenced to 4 months in prison — Gizmodo

Zhao pleaded guilty to money laundering violations as part of Binance’s agreement with the United States Department of Justice, writes Maxwell Zeff in Gizmodo. 
AI

CoreWeave raises $1.1B

CoreWeave, a specialized cloud provider for AI, has secured $1.1 billion in new funding.
Fundings

StepSecurity raises $3M

Seattle, WA-based cybersecurity startup StepSecurity has closed a $3 million seed funding round.
Around the web

Microsoft’s latest Windows update breaks VPNs, and there’s no fix — PCWorld

Microsoft said this week that the most recent Windows security update for Windows 10 and Windows 11 may break VPN connections, writes Mark Hachman in PCWorld.