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TechNews
Featuring news on business transactions, innovation, strategic relationships, launches of technology and investment


Park Place Technologies Launches programs and channel offerings for enterprise IT
Park Place Technologies simplifies the management of complex technology environments and drives Uptime for IT infrastructures worldwide.
3 min read


Truepic closes on $26 million led by Microsoft Venture Fund for its secure camera technology
The explosion of deceptive visual media online has bred an incredible amount of distrust among consumers and businesses alike.
3 min read


Evolon closes on $16 million for turning surveillance video into real time actionable information
The avalanche of video security data will drive the need for better threat detection, nuisance alert reduction and object classification
2 min read


Cohere closes on $40 million to enable companies to make natural language processing accessible
Cohere provides access to cutting-edge Natural Language Processing (NLP) through a powerful and easy to use API.
2 min read


Octopus Network closes on $5 million and will launch its multi-chain cryptonetwork for blockchains
The Octopus Network reduces the cost of publishing appchains by millions of dollars and can host an unlimited number of appchains.
3 min read


SIMBA Chain closes on $25 million for its blockchain deployment technology
SIMBA Chain was founded in 2017 through a DARPA grant awarded to the University of Notre Dame and ITAMCO.
4 min read


OneRail raises $9 million to expand its final mile delivery fulfillment SaaS platform
OneRail solves final mile delivery logistics more comprehensively than any other offering in the space.
4 min read


Early-stage Aimably closes on $1.5 million to provide cost transparency for Amazon Web Services
We discovered that both operations, finance and engineering teams face a problem with cloud hosting costs: they don't understand them.
2 min read


ProbablyMonsters closes on $200 million to develop videogames
ProbablyMonsters is building a family of sustainable game studios that create and launch original AAA games through a people-first culture,
3 min read


SwamCam"s artificial intelligence, fully featured, and app controlled pool alarm system saves lives
The SwamCam invention came about after realizing the incredible need to create a secure environment for families to safely enjoy their pools
2 min read


Betsperts raises $6 million for sports betting and fantasy sports content
The Betsperts Group expects to surpass one million lifetime downloads shortly into the 2021 NFL season.
2 min read


Zeal closes on $13 million to scale its technology for companies to build custom payroll products
Zeal is a leader in the embedded fintech ecosystem, empowering platforms to build highly individualized payroll products.
4 min read


Indian game developer SuperGaming closes on $5.5 million
The company's MaskGun recently crossed 50 million installs, while Devil Amongst Us hit 10 million installs within just 4 months of launch.
2 min read


Amored Things raises $12 million fo expand crowd intelligence in sports arenas and for businesses
The AI-powered platform provides facilities and security teams with an accurate, real-time understanding of people using different spaces.
3 min read


Motion2AI closes on $12.6 million to develop AI services for warehouse mobility
Advanced warehouse mobility technology is rapidly expanding to customers large and small in the logistics market.
2 min read


Arlo Technologies (NYSE: ARLO) partners with Calix (NYSE: CALX) for security software solutions
We're excited for our strategic partnership with Calix to enable wider distribution of Arlo's award-winning smart home security products.
3 min read


Fuse Autotech raises $10 million for its software platform that redefines the auto buying process
FUSE is a business platform that automates the entire automotive purchase and finance experience cloud-based AI predictive finance system.
3 min read


Nasdaq-listed TransAct Technologies to proceed with public stock offering
TransAct Technologies s a global leader in developing software-driven technology and printing solutions for high-growth markets.
4 min read


Qumulo and Supermicro join together to offer customers more flexibility and choice file data storage
Qumulo’s strategy with Supermicro gives our customers a high-performance option in an ultra-dense footprint that addresses workclouds.
2 min read


CoreChai closes on $1.25 million for its disruptive B2B payment solutions using blockchain
"Since its launch in September 2020, CoreChain has processed over $300 million in B2B payments for enterprise buyers..."
2 min read
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