MADISON – With his proposed cuts in federal research and development spending, President Trump risks harming a priority he puts at the top of his own list – national security.
The history of federal investment in R&D, especially since the end of World War II, reflects a bipartisan consensus that money spent on basic and applied research pays economic and security dividends over the long haul while helping the nation respond to short-term crisis.
NIO, an electric vehicle startup backed by Chinese venture capitalists, unveiled its first self-driving car concept at SXSW this weekend.
The NIO EVE is a “mobile living area” as much as a vehicle, and has been designed to accommodate long family journeys. The interior has reclining seats that can fold into beds and front seats that can rotate to face the back seats.
Something strange happens when you look into a crystal ball.
For some, it becomes easier to imagine roadblocks that don’t actually exist or that are not really insurmountable. Maybe it’s a way to create more hype by painting a dire picture or to build up a taller mountain to scale as a way to raise even more investment money. Who knows? It’s a problem I’ve seen many times in tech, where the naysayers get most of the attention.
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.