San Jose-based data platform provider Tabular has successfully concluded a funding round, securing $26 million in investment. This round, led by Altimeter Capital and featuring participation from Andreessen Horowitz and Zetta Venture Partners, brings Tabular’s total funding to $37 million. Tabular, founded by former Netflix executives Ryan Blue, Dan Weeks, and Jason Reid, specializes in…
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indie Semiconductor acquires Swiss photonics company EXALOS in a $45 million deal
indie Semiconductor, an Autotech solutions innovator listed on Nasdaq, has announced the completion of its acquisition of EXALOS AG, a privately held Swiss company that specializes in high-performance optical semiconductors. The deal, which was subject to the terms and conditions of a definitive agreement, was valued at approximately $45 million, paid in 6.6 million indie…
Kecia Steelman Becomes President and COO of Ulta Beauty
Ulta Beauty, the largest beauty retailer in the United States, has announced the promotion of Kecia Steelman to President and Chief Operating Officer, effective immediately. Ms. Steelman, who has been with the company since 2014, will oversee all aspects of the company’s operations, strategy, and growth initiatives. Ms. Steelman has been instrumental in leading Ulta…
Writer raises $100 million in a Series B round led by ICONIQ Growth
Writer, a San Francisco-based company that develops a generative AI platform for enterprises, has raised $100 million in a Series B round led by ICONIQ Growth. The funding will help Writer expand its product offerings, customer base, and global presence. Writer’s platform enables enterprises to create high-quality content using its proprietary language models, knowledge graph,…
Levelpath raises $30 million in a Series A round led by Redpoint
Levelpath, a San Francisco-based startup that offers a SaaS platform for procurement and supply chain management, has secured $30 million in a Series A round led by Redpoint. The funding comes after a stealthy $14.5 million seed round, bringing the total raised by the company to $44.5 million. The company, founded by Stan Garber and…
Bevz raises $3.1 million in a round led by Dynamism Capital and Golden Section Ventures
Bevz, a Los Angeles-based startup that provides a SaaS platform for convenience stores, announced today that it has raised $3.1 million in a funding round co-led by Dynamism Capital and Golden Section Ventures. The round also saw participation from several other investors, including Stage 2 Capital, Hustle Fund, Bridge Investments, Tiller Partners, Irish Angels, Operate…
Tim Hortons to launch UK franchise model
Tim Hortons, the Canadian coffee shop brand, is launching a new franchise model in the UK to expand its presence across the country. The brand, which has 75 outlets in the UK since 2017, said the new model will allow franchisees to open both drive-thru and high street restaurants. Tim Hortons is known for its…
ZTE launches internet CDN solution for B2B market
ZTE Corporation, a leading provider of CDN solutions, has announced its Internet Content Delivery Network (CDN) solution at the International Broadcasting Convention (IBC) in Amsterdam. The solution enables operators to offer Internet CDN services to content providers and service providers across various industries, beyond their own Pay-TV services. The solution leverages the operators’ advantages in…
KKR buys 20% stake in SingTel’s data centre business for $807 million
Singapore Telecommunications (SingTel), the largest telecom operator in Southeast Asia, has announced that it has sold a 20% stake in its regional data centre business to global investment firm KKR for S$1.1 billion ($806.87 million). The deal values SingTel’s data centre business, which operates in Singapore, Indonesia, and Thailand, at S$5.5 billion ($4.03 billion). SingTel…
Carenostics raises $5M seed funding in a round led by M13
Carenostics, a healthcare AI startup based in New York, announced today that it has raised $5 million in seed funding to expand its platform that helps diagnose and treat chronic diseases. The round was led by M13, a venture capital firm that invests in technology sectors such as health, work, and commerce. Other investors include…
Helsing, a German defense AI startup, raises $223 million in Series B round
Helsing, a Munich-based company that develops artificial intelligence solutions for the defense sector, announced today that it has raised $223 million in a Series B funding round led by General Catalyst, a US-based venture capital firm. The round also saw participation from Saab, a Swedish aerospace and defense company. The startup, which was founded in…
Apple Watch X: Everything we know so far about the next-gen smartwatch
Apple fans are eagerly awaiting the next iteration of the Apple Watch, which is rumored to have some major changes in design and features. Here’s what we know so far about the Apple Watch X, or Series X, as it might be called. According to Bloomberg’s Mark Gurman and a research note from Omdia, a…