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

Investment stories - Page 16

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DeepL reveals next-gen language model for superior translations

Wed, 24th Jul 2024
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data privacy
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llms
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microsoft
DeepL unveils an advanced language model for superior translations and editing, setting new industry standards and offering businesses unmatched efficiency.
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Endor Labs secures strategic investment from Citi Ventures

Thu, 18th Jul 2024
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virtualisation
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supply chain
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open source
Endor Labs secures strategic investment from Citi Ventures, boosting its mission to protect software supply chains for major financial institutions.
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King's Speech on AI & cybersecurity sparks mixed reactions

Thu, 18th Jul 2024
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supply chain
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ai security
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ai
The King's Speech has sparked debate on cybersecurity and AI, with industry leaders urging a stronger focus on healthcare security and AI regulations.
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BGF invests GBP £5 million in Cardiff-based PureCyber

Wed, 17th Jul 2024
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edutech
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devops
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apm
BGF has invested GBP £5 million into Cardiff's PureCyber, a fast-growing cybersecurity firm, appointing Ben Marnham as Non-Executive Chair to spearhead further growth.
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Cybersecurity budgets surge but confidence gaps persist

Wed, 17th Jul 2024
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ai
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it professionals
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investment
A report by Ivanti reveals a rise in cybersecurity budgets for 2024 as 71% of security experts navigate widening confidence gaps with non-IT leaders.
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Nasuni secures USD $1.2 billion investment led by Vista Equity

Wed, 17th Jul 2024
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cx
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martech
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ai
Nasuni secures majority investment led by Vista Equity Partners, valued at approximately USD $1.2 billion, to boost growth and innovation in the hybrid cloud market.
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Fortinet recognised as Challenger in 2024 Gartner Magic Quadrant

Thu, 11th Jul 2024
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firewalls
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network infrastructure
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sd-wan
Fortinet has been named a Challenger in the 2024 Gartner Magic Quadrant for Single-Vendor SASE, highlighting its efforts in simplifying operations and enhancing security.
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Enterprise IoT market hits USD $269 billion amid growth shifts

Thu, 11th Jul 2024
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uc
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software
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investment
The enterprise IoT market hit USD $269 billion in 2023, with 15% growth. Expected deceleration in 2024 due to economic concerns could shift investment focus to software.
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Canon celebrates major success at drupa 2024 in Düsseldorf

Mon, 8th Jul 2024
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cx
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martech
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clean technologies
Canon triumphs at drupa 2024, surpassing sales targets despite fewer visitors. The Core exhibit captivates 6,000+ guests with immersive printing innovations.
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Beroe invests in AI firm Forestreet to enhance procurement tools

Wed, 3rd Jul 2024
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supply chain
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ai
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procurement
Beroe has announced a strategic investment in AI firm Forestreet to enhance its procurement tools, aiming to provide greater market insights for CPOs.
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99% of UK businesses fined for data breaches, study finds

Thu, 27th Jun 2024
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data protection
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risk & compliance
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data privacy
Over 99% of UK businesses were fined for data breaches in the past year, with the average fine hitting GBP £257,982, reveals ISMS.online research.
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Forrester reveals top 10 emerging technologies for 2024

Wed, 26th Jun 2024
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iot security
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iot
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genai
Forrester's 2024 emerging tech report highlights genAI for visual content and language, TuringBots, and IoT security as top investments with a 2-year benefit horizon.
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The Martech Weekly & Alium partner to disrupt market research

Wed, 26th Jun 2024
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edutech
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martech
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transparency
Melbourne's The Martech Weekly (TMW) and New York-based Alium partner to disrupt market research, promising enhanced, transparent market intelligence for Martech investments.
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SAS named leader in 2024 Gartner Quadrant for 9th year

Wed, 26th Jun 2024
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data science
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genai
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ai
For the ninth consecutive year, SAS has been named a Leader in the 2024 Gartner Magic Quadrant for its SAS Viya product, cementing its role in DSML platforms.
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Affinda raises USD $10 million to expand AI team & global reach

Tue, 25th Jun 2024
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ai
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government
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productivity
Affinda Group secures USD $10 million in latest funding round, raising total to USD $22.9 million over 18 months, and now valued at USD $120 million.
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Cybersecurity, AI, IoT top enterprise tech priorities for 2024-2025

Thu, 20th Jun 2024
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crm
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data analytics
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digital transformation
New IoT Analytics research identifies top tech priorities for 2024-2025, spotlighting cybersecurity, process automation, and IT software, with AI rising to fourth place.
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AccountsIQ secures Series C investment of EURO €60 million

Tue, 18th Jun 2024
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investment
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automation
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milestone
AccountsIQ has secured a Series C investment of EURO €60 million from Axiom Equity to develop AI-powered products, expand its team, and enhance AI capabilities for its users.
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Unit4 launches Success4U to optimise ERP system deployments

Fri, 14th Jun 2024
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devops
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apm
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erp
Unit4 launches Success4U to optimise ERPx deployment, promising reduced costs and improved user experience through its 'Land, Adopt, Expand' strategy.
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Kramer acquires Ashton Bentley to enhance UCC offerings

Thu, 13th Jun 2024
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acquire
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investment
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integration
Kramer has acquired Ashton Bentley, a move poised to boost its offerings in the Unified Communication and Collaboration sector with integrated hybrid conferencing solutions.
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Investment in data centres surges, ABS gaining traction

Wed, 12th Jun 2024
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ai
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financing
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investment
Global investment in data centres hits USD $22 billion in five months, with asset-backed securitisations driving financial strategies, Linklaters reports.