The round was led by KKR and Teachers' Ventures Growth, an investment arm of Ontario Teachers' Pension Plan.
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ServiceNow’s generative AI solutions are taking advantage of the data on its own platform
One of the earlier SaaS adherents to generative AI has been ServiceNow, which has been able to take advantage of the data in its own platform to help build more business-centric models.
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SAP, and Oracle, and IBM, oh my! ‘Cloud and AI’ drive legacy software firms to record valuations
There’s something of a trend around legacy software firms and their soaring valuations: Companies founded in dinosaur times are on a tear, evidenced this week with SAP‘s shares topping $200 for the first time. Founded in 1972, SAP’s valuation currently sits at an all-time high of $234 billion. The Germany-based enterprise software provider was valued […]
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Axelera lands new funds as the AI chip market heats up
Axelera designs AI-running chips and systems for applications like security, retail, automotive and robotics.
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Orby is building AI agents for the enterprise
Orby AI, is building a generative AI platform that attempts to automate a range of different business workflows, including workflows that involve data entry, documents processing and forms validation.
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Odaseva’s founder once solved a security gap for Saleforce’s biggest customer. Now he’s raised $54M to secure all of its users
Cloud services continue to be a weak point for enterprises when it comes to security, so companies providing effective solutions to address this continue to see a lot of interest in the market, both from customers and investors. In the latest example of that, Odaseva – which focuses on one sole use case: securing Salesforce […]
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Data lakehouse Onehouse nabs $35M to capitalize on GenAI revolution
You can barely go an hour these days without reading about generative AI. While we are still in the embryonic phase of what some have dubbed the “steam engine” of the fourth industrial revolution, there’s little doubt that “GenAI” is shaping up to transform just about every industry — from finance and health care to […]
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Retool expands its low-code platform for creating internal apps to support external apps, too
Retool's focus is on business apps, not the next social network.
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CData, which helps orgs use data across apps and build AI models, snaps up $350M
CData builds connectors that enterprises can use to stitch together data from different sources – and locations, not just in the cloud – more easily.
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Fetcherr lands $90M to get airlines on board with dynamic pricing
In a push to bolster profits, more airlines are turning to controversial dynamic pricing tech, which prices fares and amenities variably based on a traveler's willingness to pay for them.
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