Latest from Ingrid Lunden
Paris has quickly established itself as a major European center for AI startups, and now another big deal is in the works.
Semperis, a specialist in Active Directory security now worth more than $1B, raises $125M
Active Directory, the Microsoft directory service for connecting users with network resources, is used by more than 90% of all Fortune 1000 companies and many more besides. So it’s no…
Malicious hacking is getting increasingly sophisticated, and that’s leading to a very clear trend in security technology. To keep people and organizations safe, security also has to continue improving. Security…
Like it or hate it, artificial intelligence — especially generative AI — is the technology story of 2024. OpenAI, with its rollouts of viral services like ChatGPT and billions in…
Finbourne, founded out of London’s financial center, has built a platform to help financial companies organize and use more of their data in AI and other models.
From sperm freezing to accounting tools, Finaloop scores $35M to solve e-commerce retailers’ bookkeeping headaches
Finaloop’s solution is a platform that uses automation in the background to track transactions covering three different functions in one.
After announcing a strategic partnership with SoftBank in April, Perplexity — the AI search engine that has ambitions to take on Google — is now using the deal to expand…
LinkedIn is launching new AI tools to help you look for jobs, write cover letters and job applications, personalize learning, and a new search experience.
AccountsIQ, a Dublin-founded accounting technology company, has raised $65 million to build “the finance function of the future” for midsized companies.
Black Semiconductor nabs $273M in Germany to supercharge how chips work together
Black Semiconductor, which is developing a chip-connecting technology based on graphene, has raised $273M in a combination of private and public funding.
The British retailers association also takes aim at Amazon’s “Buy Box,” claiming that Amazon manipulated which retailers were selected for the coveted placement.
Sirion, now valued around $1B, acquires Eigen as consolidation comes to enterprise AI tooling
There’s a lot of buzz about generative AI and what impact it might have on businesses. But look beyond the hype and high-profile deals like the one between OpenAI and…
Storyblok raises $80M to add more AI to its ‘headless’ CMS aimed at non-technical people
The startup targets the middle ground between platforms that offer rigid templates, and those that facilitate a full-control approach.
Salespeople live and die by commissions. It’s no surprise, then, that Salesforce paid a premium to buy a platform that simplifies managing commissions.
A startup called Firefly that’s tackling the thorny and growing issue of cloud asset management with an “infrastructure as code” solution has raised $23 million in funding. That comes on…
OpenAI signs 100K PwC workers to ChatGPT’s enterprise tier as PwC becomes its first resale partner
PwC, the management consulting giant, will become OpenAI’s biggest customer to date, covering 100,000 users.
LumApps, the French ‘intranet super app,’ sells majority stake to Bridgepoint in a $650M deal
The deal will give LumApps a big nest egg to make acquisitions and scale its business.
Bugcrowd, the crowdsourced white-hat hacker platform, acquires Informer to ramp up its security chops
On the heels of raising $102 million earlier this year, Bugcrowd is making good on its promise to use some of that funding to make acquisitions to strengthen its security…
Bolster, creator of the CheckPhish phishing tracker, raises $14M led by Microsoft’s M12
A dodgy email containing a link that looks “legit” but is actually malicious remains one of the most dangerous, yet successful, tricks in a cybercriminal’s handbook. Now, an AI startup…
AI language translation startup DeepL nabs $300M on a $2B valuation to focus on B2B growth
DeepL, which builds automated text translation and writing tools, has raised a $300 million round led by Index Ventures.
CyberArk snaps up Venafi for $1.54B to ramp up in machine-to-machine security
CyberArk — one of the army of larger security companies founded out of Israel — is acquiring Venafi, a specialist in machine identity, for $1.54 billion.
The AI Safety Institute, a U.K. body that aims to assess and address risks in AI platforms, has said it will open a second location in San Francisco.
Slack is making it difficult for its customers if they want the company to stop using its data for model training.
Alkira connects with $100M for a solution that connects your clouds
Alkira has raised $100M for its “network infrastructure as a service,” which lets users virtualize and orchestrate hybrid cloud assets, and manage them.
Restaurant365 orders in $175M at $1B+ valuation to supersize its food service software stack
Restaurant365, which offers a restaurant management suite, has raised a hot $175M from ICONIQ Growth, KKR and L Catterton.
Meta is shutting down Workplace, its enterprise communications business
Facebook once had big ambitions to be a major player in enterprise communication and productivity, but today the social network’s parent company Meta will be closing a very significant chapter…
Accel has invested in more than 200 startups in the region to date, making it one of the more prolific VCs in this market.
On the heels of OpenAI announcing the latest iteration of its GPT large language model, its biggest rival in generative AI in the U.S. announced an expansion of its own.…
Sources: Mistral AI raising at a $6B valuation, SoftBank ‘not in’ but DST is
Paris-based Mistral AI, a startup working on open source large language models — the building block for generative AI services — has been raising money at a $6 billion valuation,…
Wiz raises $1B at a $12B valuation to expand its cloud security platform through acquisitions
Wiz, the buzzy startup building an all-in-one cloud security platform, is on an acquisition march to expand its business quickly en route to an IPO. Now, it has closed a…