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.
Promethium’s New Release Helps Enterprises Make Data-driven Decisions in Real time Without the Complexity of Data Management
At the speed with which market conditions are changing the need to make data-driven decisions in real time has never been more critical for every business. Promethium‘s insights acceleration solution uses search and AI to help employees at all levels, from business users to C Level Executives, always be ready to answer questions with data in real time. Today, the company is announcing the latest features, which includes new and improved search, crowdsourcing, knowledge retention and real-time preview, to help organizations answer questions with data in minutes instead of months.
AppNeta, the leader in actionable, 4-Dimensional network performance monitoring, announces the launch of their Global Alliances partnership program, designed to enable partners to drive success of Internet, Cloud, and SaaS transformation across their customer base via AppNeta’s award-winning, end-user focused approach to active and passive performance monitoring.
Genus AI, an artificial intelligence company focused on scaling emotional intelligence in interactions between brands and customers to drive business growth, was selected as an alternate in the Artificial Intelligence, Robotics and Voice category for the 11th annual SXSW Pitch®. SXSW Pitch is the marquee event of South by Southwest® (SXSW®) Online (March 16-20, 2021), where leading startups from around the world showcase some of the most impressive technology innovations to a panel of hand-picked judges and a virtual audience. Out of the more than 500 companies that applied to present at SXSW Pitch 2021, Genus AI was selected among the 16 alternates spanning 8 separate categories.
Shield AI, a defense-technology company using self-driving software to enable unmanned systems to operate without GPS and communications, announced it has raised $90M in a Series C round through equity and debt financing. The lead investor was Point72 Ventures. Shield AI will use the funding to help scale and further integrate its self-driving software, Hivemind, into additional platforms across the Defense industry. Hivemind currently runs on Shield AI’s Nova-class SUAS to enable indoor-outdoor reconnaissance without GPS or communication links and has been used on combat operations since 2018.
StorageOS Secures $10 Million in Series B Funding Round to Accelerate Growth for its Cloud Native Software-Defined Storage Solution
StorageOS, a leader in cloud native storage management, has announced a $10 million Series B funding round to build on growth, which has seen more than 4,000 customers globally implement its software-defined storage solution. Led by Downing Ventures, existing investors Bain Capital Ventures, Uncorrelated Ventures and MMC Ventures also participated in the round alongside new investor, Chestnut Street Ventures. This brings the total funding raised to date by StorageOS to $20 million.