Deep Learning Lambda Raises $24.5 Million to Build GPU Cloud and Deep Learning Hardware AIT News Desk Jul 23, 2021 Lambda, a leading provider of deep learning GPU cloud services and computing hardware, announced that it has raised $24.5M in financing. Primary…
Investment AI Transcription Leader Verbit Becomes a Unicorn Following $157 Million in Series D Funding AIT News Desk Jun 8, 2021 New Funding Brings Verbit's Valuation to Over $1 Billion; Paves Path Towards Becoming a Public Company Verbit, the world's largest AI-powered…
Financial Services MODIFI Announces New 60 Million USD Debt Facility with Silicon Valley Bank, Brings Total Raised… AIT News Desk Mar 17, 2021 MODIFI will use the funds to expand into the US, as well as address increasing demand in its existing markets. MODIFI's digital trade finance…
Financial Services Silicon Valley Bank and Black Talent Platform Valence Team Up to Increase Black Representation in… AIT News Desk Mar 17, 2021 Valence is a community of more than 10,000 Black professionals and a platform for recruitment, mentorship and professional development Silicon…
Gaming Gen.G Announces $1 Million Commitment to Developing the Next Generation of Gaming Leaders With the… AIT News Desk Aug 31, 2020 The Newest Initiative From Gen.G's Global Vision for Education Focuses on Diversity and Future Leaders Global esports organization, Gen.G,…
Financial Services Paytronix Secures $10 Million AIT News Desk Apr 28, 2020 Funding will help company continue to serve restaurant, convenience-store, and grocery industries during COVID-19 crisis as brands innovate around…
Financial Services Silicon Valley Bank Expands COVID-19 Response & Community Support AIT News Desk Apr 27, 2020 Relief Programs Focus on Startups, Small Businesses, SVB Employees and Community Needs Silicon Valley Bank (SVB), the bank of the world's most…
Automation Kobiton Closes Debt Financing Round with Silicon Valley Bank Amidst Continued Strong Growth AIT News Desk Mar 6, 2020 Kobiton announced its new relationship and debt facility with Silicon Valley Bank. The new relationship provides additional access to growth capital…
SaaS SaaSOptics Announces $12 Million in Series B Funding Following Record-Breaking Q3 with 70 Percent… AIT News Desk Oct 3, 2019 Funding to Help Atlanta-Based Leader in B2B SaaS Subscription Management Meet Increased Market Demand for Automated Financial Operations at Scale…