Groundbreaking launches, funding updates, and major investments—our Press Release section delivers the latest AI breakthroughs to keep you informed and inspired.
Santa Barbara, CA – November 20, 2024 LogicMonitor, a leading SaaS-based hybrid observability platform, has raised $800 million in equity and strategic financing, elevating the company’s valuation to $2.4 billion. The funding round, led by PSG and Golub Capital, marks one of the most significant investments in data center observability management. Vista Equity Partners, which […] More
San Francisco, November 13, 2024 Connecty AI, a startup redefining enterprise data management, has emerged from stealth with $1.8 million in pre-seed funding. The round was led by Market One Capital, with participation from Notion Capital and industry veterans, including Marcin Zukowski, co-founder of Snowflake, and Maciej Zawadzinski, founder of Piwik PRO. Tackling Enterprise Data’s […] More
Zurich, November 19, 2024 Calvin Risk, a spin-off from ETH Zurich specializing in AI risk management and governance, has raised $4 million in seed funding. The round was led by Join Capital and seed + speed Ventures, bringing the startup’s total funding to over $5 million since its founding in 2022. Ensuring Safe AI Deployment […] More
Tel Aviv, Israel – November 20, 2024 Converge Bio, a generative AI platform focused on accelerating drug discovery and development, has raised $5.5 million in seed funding. The funding round, led by TLV Partners, highlights Converge Bio’s mission to transform pharmaceutical R&D through cutting-edge AI solutions. Redefining Biotech with Generative AI Converge Bio’s platform leverages […] More
San Francisco, CA – November 20, 2024 New Lantern, a San Francisco-based innovator in medical AI technology, has announced the launch of its AI Radiology Resident, supported by a $19 million Series A funding round led by Benchmark. This brings the company’s total funding to over $23 million. Benchmark General Partner Eric Vishria has joined […] More
San Jose, CA – November 21, 2024 Aviz Networks, a leading provider of AI-driven networking solutions, has secured $17 million in Series A funding to enhance its vendor-agnostic AI networking platform. The funding round was led by Alter Venture Partners, with participation from Cisco Investments, Qualcomm Ventures, Moment Ventures, Wistron, Accton, and Celestica. Key Innovations […] More
Düsseldorf, Germany – November 21, 2024 Ubitium, a semiconductor startup with bases in Germany and the U.S., has raised $3.7 million in seed funding to revolutionize the AI and embedded systems industry. The funding round, co-led by Runa Capital, Inflection, and KBC Focus Fund, will support the development of the world’s first universal RISC-V processor. […] More
As news breaks of Help a Reporter Out (HARO) winding down its services, many brands, startups, and industry experts are left wondering how to continue securing valuable media exposure. Fortunately, a range of alternative platforms has emerged to keep those connections alive and provide new ways to connect with journalists, bloggers, and influencers. AIPressRoom.com stands […] More
Veritas, an AI-powered tool for blockchain security and smart contract auditing, has set a new standard in automated auditing, achieving unprecedented accuracy, speed, and cost-effectiveness. Powered by the advanced Qwen2.5-Coder architecture, Veritas specializes in detecting vulnerabilities within Ethereum and other blockchain-based smart contracts. This development offers a transformative solution for developers, auditors, and organizations focused […] More
Dear Valued Users and Partners, After conducting an in-depth analysis of the market landscape, we have decided to implement a significant strategic adjustment for AIWritingPal. The key points of this adjustment include: 1.Global Market Focus: AIWritingPal will concentrate its resources on expanding into global markets, particularly in North America and Europe. Our research indicates a […] More
In today’s fast-paced digital landscape, the key to sustainable growth lies in the seamless integration of cutting-edge technology into everyday business operations. Enter AIssist.io, the world’s leading multi-agent, multi-task AI system, engineered to propel your business into a realm of unprecedented efficiency and agility. With its innovative full-cycle automation, AIssist.io is not merely a tool, […] More
San Francisco, California – June 5, 2024 Zingly, a pioneering Generative AI platform transforming customer experience (CX), has secured $10 million in seed funding. The round was led by Dell Technologies Capital, with participation from WestWave Capital, Scribble Ventures, and others, along with notable CX industry leaders. The funding will drive Zingly’s mission to modernize […] More
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