Zephyr Cloud, a platform for micro frontend deployment, observability, and orchestration, has secured $3.5 million in seed funding. The company was founded by CEO Zack Chapple and CTO Dmitriy (Dima) Shekhovtsov in August 2023, after years of consulting on modernization of frontends for top organizations. The funding will be utilized to simplify frontend architecture for…
Gcore, a global edge AI, cloud, network, and security solutions provider, has secured $60 million in Series A funding from institutional and strategic investors. The funding will be strategically invested in Gcores technology and platform, including cuttingedge AI servers powered by NVIDIA GPUs, to drive AIled innovations. This investment underscores Gcores commitment to delivering advanced…
KKR and Teachers’ Venture Growth (TVG) have jointly led a $140 million Series E funding round for SmartHR, a leading cloudnative human resources management platform in Japan. SmartHR, founded in 2013, offers techenabled HR solutions focusing on employee management, growth, talent management, and productivity for businesses of all sizes, including large enterprises and SMEs. The…
AI/R Group, a global leader in AI Transformation services, recently announced the successful acquisition of Oak Rocket, a rapidly growing company in the U.S. specializing in AWS cloud adoption. The move comes as companies nationwide are looking to leverage generative AI applications through AWS cloud services. As part of the acquisition, Oak Rockets CEO Dao…
CoreWeave, a specialized cloud provider for AI, has announced the securing of $1.1 billion in new funding to support its growth and expansion into new geographic regions. The funding will be utilized to meet the increasing demand for GPUaccelerated cloud infrastructure worldwide, specifically designed to cater to complex AI workloads. This funding round was led…
CHEQUER Inc., a leading B2B SaaS cyber security platform startup, has closed an investment round to accelerate its global expansion in the cloud native security platform sector. The company, founded in Silicon Valley in 2016, offers a Cloud Data Protection Platform, QueryPie, that allows for integrated management of data access control, auditing, and monitoring tasks…
Lambda, a GPU cloud company founded by AI engineers and powered by NVIDIA GPUs, has announced that it raised a $320 million Series C funding round. The funding was led by Thomas Tull’s US Innovative Technology and saw participation from investors including B Capital, SK Telecom, funds and accounts advised by T. Rowe Price Associates,…
Keepit, a leader in SaaS backup and recovery, has announced that it has secured a $40 million refinancing package from HSBC Innovation Banking in partnership with The Export and Investment Fund of Denmark (EIFO). The funding will be used to support Keepit’s international expansion, hiring, business operations, and product development efforts. Keepit, founded in Copenhagen…