venture funding

 

Scandit secures $80M for AR, object recognition software for edge devices

Scandit AG has secured $80 million in funding to be invested in expanding its barcode scanning and augmented reality software,…

 

Research roundup: COVID-19 impact on 2020 IT spending from IDC, PwC

Global IT spending is expected to decrease by 5.1% in 2020 to $2.25 trillion owing to the detrimental economic impact…

 

Covariant grabs funding for AI robotics on the edge

AI robotics software firm Covariant pulled in $40 million in a Series B round led by Index Ventures, bringing its…

 

AlefEdge squeaks in new funding for mobile edge PaaS under the COVID-19 wire

Alef Edge Inc., the software-defined mobile edge startup, was able to close a Series B round of funding just as…

 

Axonius secures $58 million funding for business development efforts

Cybersecurity asset management company Axonius has secured a $58 million investment in Series C funding to boost scalability and business…

 

StackPath nets $216M in Series B round to build out edge compute, security services

Edge compute and delivery services vendor StackPath LLC closed a Series B round, estimated to be $216 million, from Cox…

 

$20 million in venture funding for NGD Systems’ computational storage drive

Enterprise storage player NGD Systems has reported a $20 million financing round from a collection of investors including an investment…

 

Venture money to bring LoRa sensors to SST Wireless

Venture capital firm Momenta Ventures has made an investment in SST Wireless, which makes wireless sensors that are placed in…

 

Apple adds Xnor.AI smarts to edge devices

Apple has acquired Xnor.AI, a developer of software and chip technology that make the job of object recognition easier for…

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