Snowflake Inc. Announces $2 Billion Convertible Senior Notes Offering
Snowflake Inc., a leading AI Data Cloud Company, has announced its intention to offer $1.0 billion aggregate principal amount of Convertible Senior
WiSA Technologies Acquires Datavault Intellectual Property for $210 Million
WiSA Technologies, Inc. (“WiSA Technologies”) has finalized an asset purchase agreement to acquire the Datavault® intellectual property and IT assets from Data Vault Holdings Inc. for $210 million. The acquisition aims to create a leading data technology and licensing company enabling clients to monetize Blockchain Data and AI Web 3.0 assets. The resulting entity will…
HCL Software Acquires Zeenea to Enhance Data Catalog and Governance Solutions
HCLSoftware, the software business division of HCLTech, has announced its intent to acquire Zeenea, a data catalog and governance solutions innovator based in Paris, France. The acquisition aims to bolster HCLSoftwares Data & Analytics business (Actian) by adding metadata management, data catalog, and governance capabilities to enhance the Actian Data Platform. This strategic move is…
Volumez Secures $40 Million Series A Funding Round
Volumez, a modern cloudaware data infrastructure company, recently announced the completion of its $40 million Series A financing round. The funding will be used to further develop and enhance Volumezs cloudaware data infrastructure solutions. The round was led by Koch Disruptive Technologies (KDT) and also saw participation from new investors Samsung Venture Investment Corporation and…
SendBlocks Receives $8.2 Million in Seed Funding for Blockchain Data Management Platform
SendBlocks, a blockchain data management startup, has announced $8.2 million in seed funding to support its innovative platform that simplifies access to blockchain data. The company aims to make it easy for blockchain enterprises, ecosystems, and applications to define and access the data they need. The funding will be used to further develop and enhance…
Acquisition | Artificial Intelligence | Data Management | Lakehouse Architecture | Open Source | Technology
Databricks to Acquire Tabular for Joint Vision of the Open Lakehouse
Databricks, the Data and AI company, has agreed to acquire Tabular, a data management company founded by Ryan Blue, Daniel Weeks, and Jason Reid, the original creators of Apache Iceberg™ and Linux Foundation Delta Lake. The acquisition aims to bring format compatibility to the lakehouse architecture, ensuring that organizations are no longer limited by data…
Scale AI Closes $1 Billion Funding Round, Valued at Nearly $14 Billion
Scale AI, a data foundry for AI, has closed a $1 billion financing transaction, elevating the companys valuation to nearly $14 billion. The funding will enable Scale to accelerate the abundance of frontier data needed for artificial general intelligence. The company has a track record of solving data challenges for companies like OpenAI, Meta, and…
AI | Blockchain | Cryptocurrency | Data Management | Technology | Venture
OKX Ventures Announces Strategic Investment in Privasea
OKX Ventures, the investment arm of leading crypto exchange and Web3 technology company OKX, has announced a strategic investment in Privasea, a data infrastructure platform powered by DePIN and AI technology. Privasea enables multiple parties to collaborate without revealing sensitive information, ensuring data privacy and security during the AI computation process. The funding will be…
Barrett Lyon Joins Tarsal Leadership to Scale Security ETL Platform
Tarsal, the security data movement company, has closed a $6 million seed round of funding and appointed Barrett Lyon as their new chief technology officer (CTO). This funding will be used to further develop and expand Tarsal’s core ETL product, aimed at modernizing data management for enhanced performance and cost-effective analytics in the security sector….
Bagel Network Raises $3.1 Million in Pre-Seed Funding Round
Bagel Network, a decentralized Machine Learning data network, has announced the successful closure of a $3.1 million pre-seed funding round. The company aims to redefine the landscape of AI infrastructure by establishing the largest Machine Learning data network, connecting artificial and human intelligence. Bagel Network’s platform offers a two-sided marketplace where machine learning engineers, researchers,…