9 US AI startups have raised $100M or more in 2025

Last year was a monumental year for the AI industry in the U.S. and beyond. There were 49 startups that raised funding rounds worth $100 million or more in 2024, per our count at TechCrunch. Three companies raised more than one “mega-round” last year, and seven companies raised rounds at $1 billion or larger. How […]

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Armis buys Otorio for $120M to beef up cybersecurity in physical spaces

More consolidation is playing out in the security industry as platform players scoop up technology to give them deeper expertise in growing business areas. On Thursday, Armis, a $4.2 billion specialist in cyber exposure management, said it would be acquiring Otorio, a specialist in securing industrial and physical environments.  Terms of the deal are not […]

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Armis buys Otorio for $120M to beef up cybersecurity in physical spaces

More consolidation is playing out in the security industry as platform players scoop up technology to give them deeper expertise in growing business areas. On Thursday, Armis, a $4.2 billion specialist in cyber exposure management, said it would be acquiring Otorio, a specialist in securing industrial and physical environments.  Terms of the deal are not […]

© 2024 TechCrunch. All rights reserved. For personal use only.

Anna Patterson’s Ceramic.ai looks to help enterprises build AI models faster and more efficiently

Anna Patterson has had a storied career in Silicon Valley. She founded three startups, including search engine upstarts Xift and Cuil, as well as recall.archive.org, which became the Internet Archive. She was the vice president of engineering at Google, and later on started Gradient Ventures, an AI-focused seed fund. And she isn’t done building. Patterson […]

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Darwinbox, the HR upstart from India, raises $140M to take on Deel and Rippling

Darwinbox, an Indian startup building a SaaS platform for hiring, onboarding and employee administration, has raised $140 million to take on the likes of Rippling and Deel as it seeks to expand internationally, especially in the U.S. The funding is being co-led by KKR and Partners Group, and is a mix of primary and secondary […]

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Quantexa nabs $175M at a $2.6B valuation to double down on data analytics for AI

London startup Quantexa has made its name over the years with an enterprise platform that employs AI and data analytics to fight money laundering and fraud. Today, it is announcing new funding of $175 million to double down on that business while also moving deeper into another hot area: using its technology to help organizations […]

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Klarna CEO doubts that other companies will replace Salesforce with AI

The founder and CEO of IPO-bound fintech Klarna took to X to once again explain why his company ditched Salesforce’s flagship CRM product about a year ago in favor of its own homegrown AI system.  But this time, Sebastian Siemiatkowski emphasized that he doesn’t think others will — or should — follow his lead. “I […]

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Automattic CEO Matt Mullenweg talks succession — ‘I don’t want to pass it to a committee’

Calls for WordPress co-founder and Automattic CEO Matt Mullenweg to step down from his leadership role have increased in recent months amid his controversial fight and legal battle with hosting company WP Engine. Mullenweg not only intends to stay, he’s also thinking about how he plans to manage succession planning. He doesn’t want to pass […]

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Scrunch AI is helping companies stand out in AI search

As more people turn to AI chatbots like ChatGPT to look things up on the internet, the way companies approach their online presence has to change. Scrunch AI wants to help enterprises better prepare for a world in which more AI bots and agents visit their website than humans do. Scrunch AI says its platform […]

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LlamaIndex launches a cloud service for building unstructed data agents

Agents are the next big thing in AI. Some define these “agents” differently from others, but the general idea is, they’re AI-powered tools that can perform tasks autonomously. The agent hype has reached a fever pitch, but one startup was relatively early to the game: LlamaIndex. Founded by former Uber research scientists, Jerry Liu and […]

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