Hot Startups : Latest News And Updates On Daily Roundup
AI Daily Roundup starts today! We are covering the top updates from around the world. The updates will feature state-of-the-art capabilities in Artificial Intelligence, Machine Learning, Robotic Process Automation, Fintech, and human-system interactions. We will cover the role of AI Daily Roundup and its application in various industries and daily lives.
XP Health Launches with $5 Miliion in Total Seed Funding to Deliver a New Standard
XP Health, the world’s only artificial intelligence-powered vision benefits platform covering employees and their families, announced it has raised a total of $5 million in seed round funding led by Valor Capital Group, a Softbank-invested venture capital fund. Valor Capital is backing XP Health to support the company’s growth plans, which include further developing its AI technology and scaling its R&D and engineering teams. Additional investors as part of the XP Health seed round included Semper Virens, Village Global, J-Angels, Stanford StartX, and also notable angel investor Jeff Epstein, former CFO at Oracle.
Tanium Announces $150 Million Funding Investment to Bring Visibility and Control to the Edge Through Its Open Endpoint Management Platform
Tanium, the provider of endpoint management and security built for the world’s most demanding IT environments, announced that it has completed the sale of $150 million in common stock to the Ontario Teachers’ Pension Plan Board through its Teachers’ Innovation Platform (TIP). TIP focuses on late-stage venture and growth equity investments in companies that deliver disruptive technology.
Payit Invests in an Expanded Senior Executive Team to Accelerate Growth in 2021
PayIt, an award-winning platform for government technology, announced the expansion of its senior leadership team to bring expertise to the company that will expand reach, accelerate product growth and drive engagement with governments in the US and Canada. Jeff Craver has been hired to be PayIt’s first Chief Government Relations Officer, Ned Tobey has been hired as PayIt’s Senior Vice President of Product and Scott Harris has been hired as PayIt’s Senior Vice President of Marketing. Together these three have extensive experience in helping to develop, market, and deliver innovative technologies that are expanding PayIt’s ability to change the way people interact with government
Workday Announces Intent to Acquire Peakon
Workday, a leader in enterprise cloud applications for finance and human resources, and Peakon ApS, an employee success platform that converts feedback into actionable insights, have signed a definitive agreement under which Workday will acquire Peakon in an all-cash transaction. With Peakon, Workday will provide organizations with a continuous listening platform, including real-time visibility into employee experience, sentiment, and productivity, to help drive employee engagement and improve organizational performance.
Shimizu Announces Enterprise Partnership With OpenSpace
Shimizu Corporation has signed a partnership agreement with OpenSpace to use their 360° photo documentation and analytics platform in combination with its own construction data and expertise to enhance remote management of its construction sites. OpenSpace, a venture-backed company based in San Francisco, uses computer vision and artificial intelligence (AI) to create next-generation construction management tools. In order to capture 360° images, a field worker walks the jobsite with a helmet-mounted camera. The OpenSpace platform captures an image every half-second and then utilizes its high-speed data processing and proprietary algorithms to give builders a digital replica of the site that can be viewed remotely by team members all over the world.
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