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Tibit raises $30M

Tibit, a Petaluma, Calif.-based company developing network devices for fiber broadband access has raised $30 million in a Series C round.

Liberty Global, Swisscom Ventures, Intel Capital, Ciena, Juniper Networks, and Solasta Ventures participated in the funding, said Tibit in a statement.

Just in

UnitedHealth Group has paid more than $2 billion to providers following cyberattack — CNBC

UnitedHealth Group said Monday that it’s paid out more than $2 billion to help health-care providers who have been affected by the cyberattack on subsidiary Change Healthcare, writes Ashley Capoot.

Dell tells remote workers that they won’t be eligible for promotion — Ars Technica

The upcoming policy update represents a dramatic reversal from Dell's prior stance on work from home (WFH), writes Scharon Harding.

Hippocratic AI raises $53M

Palo Alto, Calif.-based Hippocratic AI, a company building a Large Language Model (LLM) for healthcare, has closed a $53 million Series A funding round.