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.
Porsche Ventures Invests in Leading AI Company Cresta, Plans Rollout on Digital Platforms
Porsche Ventures has completed an investment in Cresta, the real-time intelligence company for customer conversations, which specializes in messaging and voice communication. Alongside the investment, Cresta’s software will be rolled out across Porsche Cars North America, Inc. (PCNA) and Porsche Financial Services (PFS), Inc. online platforms to create a company-wide network that will enhance the customer support experience.
Atlazo Launches the World’s First Edge AI System-On-Chip for Tiny Devices
Atlazo, announced the launch of its first-generation AI SoC, AZ-N1, for smart tiny devices. The device is industry’s first fully integrated AI SoC featuring a highly power efficient Artificial Intelligence and Machine Learning processor (Axon I) for audio, voice, health monitoring and sensors. Atlazo’s hyper-low-power AZ-N1 AI SoC also integrates a low-power CODEC supporting up to 4 microphones, battery charger, DC/DC regulators, and Bluetooth connectivity. The AZ-N1 AI SoC can handle the most challenging tasks required to process audio, sound, biometrics, and other sensor signals, and classify activities in a fraction of the power budget used by comparable solutions on the market today.
DataTribe Announces $1.7 Million Seed Investment in SightGain
DataTribe, a global cyber foundry that invests in and co-builds next-generation cybersecurity and data science companies, announced $1.7M seed investment in SightGain. SightGain won the 2020 DataTribe Challenge in December which made them eligible for a seed investment of up to $2M. SightGain is the only cybersecurity risk management platform that evaluates security readiness by testing how well both production systems and personnel detect and prevent actual malicious attacks.
InfluxData Secures SOC 2 Type II Certification For InfluxDB Cloud
InfluxData, creator of the time series database InfluxDB, announced it has achieved Service Organization Control (SOC) 2 Type II compliance for InfluxDB Cloud, the fully managed and serverless time series platform. The certification demonstrates InfluxData’s ability to implement critical security policies and prove compliance over an extended period.
Concert Health Completes $14 Million Series A Financing to Deliver Evidence-based Behavioral Health Services at Scale
Concert Health, a leading behavioral health medical group, announced the closing of its Series A funding round at $14 million led by Vertical Venture Partners with participation from Town Hall Ventures and Silicon Valley Bank, and continued support from early investors including Healthy Ventures and Clearvision Equity. The funds were a mix of equity and credit. The capital will be used to grow Concert’s clinical, technology and commercial teams to rapidly scale Concert’s exceptional, turnkey behavioral health services in primary care and women’s health settings.
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