Start-ups

Wasabi, a start-up based in Boston, announced $112 million in Series C funding for its cloud-based, object storage service.Wasabi is offering a cloud storage service claimed to be 1/5th the...

Vectra AI, a start-up based in San Jose, California, announced $130 million in new funding for its work in automated cyber threat detection and response. The company's mission is "to...

Factorial Energy, a start-up based in Woburn, Massachusetts, emerged from stealth to announce its plans for a 40 Amp-hour solid-state battery cell for electric vehicles (EVs) and other applications. The Factorial...

Opsera, a start-up based in San Francisco, announced $15 million in Series A funding for its orchestration platform for DevOps. Opsera said its self-service, no-code DevOps orchestration platform helps engineers to...

EFFECT Photonics, a leading developer of DWDM components based on its optical System-on-Chip technology, announced $43 million in Series-C funding.EFFECT Photonics, which is a spin-off from the Eindhoven University of...

Druva, a start-up based in Sunnyvale, California, announced $147 million new funding for its Cloud Data Protection and Management solutions.The Druva Cloud Platform, which the company describes as the largest...

Expedera, a start-up based in Santa Clara, California, emerged from stealth to unveil its Origin neural engine intellectual property (IP) for edge system silicon.Expedera, which plans to license its deep-learning...

Cerebras Systems introduced its Wafer Scale Engine 2 (WSE-2) AI processor, boasting 2.6 trillion transistors and 850,000 AI optimized cores.The wafer-sized processor, which is manufactured by TSMC on its 7nm-node,...

Lumenisity Limited, a start-up based in Romsey, United Kingdom, supplied its ultra low latency CoreSmart cable solution based on "NANF" hollowcore fibres, to euNetworks Fiber UK. The fibre route connects...

Vector Photonics, a spin-out from the University of Glasgow, announced a £1.6m equity investment to commercialise its PCSEL-based, semiconductor laser technology. The company’s PCSELs (Photonic Crystal Surface Emitting Lasers) is based...

SambaNova Systems, a start-up based in Palo Alto, California, announced $676 million in Series D funding for its software, hardware and services to run AI applications.SambaNova’s flagship offering is Dataflow-as-a-Service...

Cerebras Systems, a start-up developing a Wafer Scale Engine (WSE) chip that contains 1.2 trillion transistors, covers more than 46,225 square millimeters of silicon and contains 400,000 AI optimized compute...

 Redis Labs, the home of Redis and provider of Redis Enterprise, closed $110 million in financing led by a new investor, Tiger Global, which brings the company’s valuation to more...