Demisto, which helps automate Security Operations Centers (SOC), announced today that is has raised $20 million in new funding.
The Cupertino, Calif.-based startup has developed DBot, a chatbot that automates a security analyst’s simple tasks and facilitates collaborations across different teams in real time for better management and response to attack
A new trends report published by the law firm Cooley report suggests that the venture market remains largely healthy for now. In the fourth quarter, for example, Cooley handled 187 “disclosable” (versus stealth) deals that represented more than $2.7 billion of invested capital. That’s 18 percent more deals than it closed in the fourth quarter of 2015 — though the amount of money involved fell 23 percent of the year-earlier period. (VCs were writing smaller checks into a greater number of startups.)
Just catching up on some recent topics…
Following a Dec. 29 column on the pros and cons of toll roads, an attentive reader noted that tolls need not apply to all lanes on a stretch of freeway. In Colorado, for example, express lanes in parts of the Interstate Highway system help manage congestion and speed up travel for motorists. Drivers who choose to pay the toll can use express lanes in the Denver area that are otherwise reserved for buses and carpools.
When it came to public offerings by tech companies, 2016 emerged like a corpse and only exhibited the faintest of heartbeats by the end.
Still, it’s worth re-writing the line that we have all written for the last two years: Next year could be much better! And this time, that could actually turn out to be true.
We’re in the midst of the biggest AI boom ever seen in the technology sector. While AI and certain types of machine learning have been in practical use for the better part of 30 years, there’s no denying that the intense investment in the space is sending shockwaves through the industry. CBInsights reports that 2015 and 2016 are shattering records in VC deals and investment by dollars, which has emboldened hundreds of startups that are using AI as a core piece of their products and services.
The latest round of investment in Midwestern BioAg Inc. caught many eyes simply because of its size: The 33-year-old company has raised $21.3 million to continue a $40-million recapitalization that began in 2014.
It also deserved notice because of a phrase used to describe the role of two of its latest financiers: “Mission-related investments.”
BrightStar Wisconsin Foundation Inc. said Monday it has invested $250,000 in Moxe Health, a Madison maker of software that makes it easier to transfer clinical and claims data for use in analytics.
Whether it’s new companies raising money, established firms moving to the next stage or investors reporting strong returns, there have been some solid harbingers for Wisconsin’s early stage economy in the past month or so.
Nordic is pleased to announce that it has completed a minority recapitalization with Silversmith Capital Partners and a group of banks led by current lender Square 1 Bank. By successfully raising this growth capital, Nordic reaffirms its position as the nation’s largest independent EHR/IT advisory consulting firm and positions itself as an industry leader well into the future.
The criminal justice system in our country is broken. Just imagine if technologists put their resources and knowledge toward solving some of our country’s biggest issues, instead of toward the next dating app. Today at South by South Lawn, the White House’s first-ever festival of art, ideas and action, I got a glimpse of what that world might look like.