CFOtech UK - Technology news for CFOs & financial decision-makers

Funding stories - Page 8

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AtomBeam hits $3 million target in StartEngine fundraiser

Fri, 29th Dec 2023
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sales
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bandwidth
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investment
AtomBeam hits $3 million startup funding, showing strong investor faith in its game-changing data-shrinking tech.
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UK businesses call for increased government investment in AI sector

Thu, 21st Dec 2023
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data protection
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ai
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government
43% of UK businesses call for increased government investment in the artificial intelligence sector, reveals Zoho survey.
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Michael Harrison to steer UK Sales for Accelerated Payments

Wed, 13th Dec 2023
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partner programmes
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healthtech
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hsbc
Michael Harrison, having vast experience in global banks and tech firms, joins Accelerated Payments as UK Sales Director.
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French startup ProvenRun secures £15m for cybersecurity expansion

Mon, 11th Dec 2023
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cybersecurity
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operating systems
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funding
French startup ProvenRun secures £15m in Series A round to expand its cybersecurity capabilities, led by Tikehau Capital.
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Rad secures major funding to revolutionise video streaming with blockchain

Mon, 4th Dec 2023
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blockchain
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martech
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digital entertainment
Rad, a key player in Web 3 video streaming, receives significant funding led by Ayre Ventures, and plans to integrate blockchain into its platform.
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Amelia named as leading AI provider in Everest Group AI Top 50

Mon, 4th Dec 2023
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genai
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ai
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healthtech
Amelia, a leading AI software company, has been recognised as a top AI provider in the inaugural Everest Group AI Top 50.
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Amazon pledges to provide free AI training to two million people by 2025

Fri, 1st Dec 2023
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edutech
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hyperscale
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public cloud
Amazon pledges to offer free AI training to two million people globally by 2025 as part of its 'AI Ready' commitment.
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Technical debt noted as major hurdle for CTOs by 2024, STX Next reports

Thu, 16th Nov 2023
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ransomware
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advanced persistent threat protection
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cloud services
91% of CTOs see technical debt as their biggest challenge for 2024, according to a survey by STX Next. Capacity and security were also top concerns.
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AI-powered assistant creator Tabnine raises $25m in Series B funding round

Thu, 9th Nov 2023
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genai
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data privacy
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ai
AI-assistant developer Tabnine raises $25m in a Series B round, taking total funding to $42.5m, led by Telstra Ventures.
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Qatar & Singapore reinforce ties with joint innovation challenge

Wed, 8th Nov 2023
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clean technologies
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sustainability
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grants
Qatar and Singapore boost bilateral relations with the launch of the Joint Innovation Challenge focusing on energy, sustainability and insurtech.
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Payapps secures GBP £10.5 million CIBC IB investment for UK & Ireland expansion

Fri, 3rd Nov 2023
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supply chain
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funding
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capital raising
Australia-based construction software firm, Payapps, has secured a £10.5m venture growth investment from CIBC Innovation Banking.
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Zero Trust security goes mainstream, reveals Okta's 2023 report

Thu, 26th Oct 2023
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zero trust security
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passwordless
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cybersecurity
Zero Trust security has now become mainstream, with 61% of organizations adopting the contemporary framework, according to the latest report by Okta.
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Software firm xtype secures $10.8m funding amidst rising ServiceNow demand

Thu, 26th Oct 2023
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digital transformation
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healthtech
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app store
xtype secures $10.8m in funding as demand for its agile software solutions in the ServiceNow market continues to surge.
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WatchGuard unveils new AI-powered cybersecurity service to aid MSPs

Wed, 25th Oct 2023
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firewalls
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breach prevention
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features
WatchGuard Technologies presents WatchGuard MDR, an AI-driven, 24/7 Managed Detection and Response cybersecurity service designed for MSPs.
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NetSuite selected by Cohere to gear up for rapid AI-fueled growth

Mon, 23rd Oct 2023
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erp
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ai
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customers
Cohere, an AI platform, has chosen to use NetSuite's cloud business suite to enhance productivity and support growth.
Payments

Accelerated Payments boasts fintech Success with £1.5B in advanced invoices

Fri, 13th Oct 2023
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fintech
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workforce technology
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funding
Dublin-based fintech, Accelerated Payments, has advanced £1.5bn in invoices, expanding its market share rapidly.
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NZ tech firms RUSH and Downer to develop road safety AI

Wed, 11th Oct 2023
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it industry
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engineering
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r&d
New Zealand technology company RUSH and Downer Transport & Infrastructure have secured funding to develop AI technology to increase road safety.
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PerfectScale secures US$7.1 million for Kubernetes optimisation

Fri, 6th Oct 2023
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virtualisation
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paas
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iaas
The latest investment brings the company's total funding to nearly US$10 million since its founding in March 2022.
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Energy risk software provider Pexapark raises millions for global expansion

Wed, 27th Sep 2023
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power / energy
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risk & compliance
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clean technologies
Pexapark secures €20m in Series C funding led by Telstra Ventures to bolster its renewable energy risk management software and advisory services.
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Pixis raises USD $85 million in series C1 funding round

Mon, 18th Sep 2023
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ai
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ai models
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marketing
Pixis, a codeless AI infrastructure company for marketing, has raised USD $85 million in its series C1 funding round.  .