Tetrate nets $12.1 million to bring microservices to the corporate masses

Tetrate, a company bringing commercial services and support to the open source projects –Istio and Envoy — providing network management functions for the microservices that make up modern mobile applications, has launched with $12.1 million in new financing. The company, founded by top engineers at Google who started the Istio project, raised its initial financing […]

View More Tetrate nets $12.1 million to bring microservices to the corporate masses

Cequence Security hauls in $17M Series B investment to help protect applications

Cequence Security, a startup that helps companies protect applications against business logic attacks, announced a $17 million Series B investment today. The round was by led by Dell Technologies Capital with participation from Shasta Ventures, the firm that had led the company’s $8 million A round last year. Today’s investment brings the total raised to […]

View More Cequence Security hauls in $17M Series B investment to help protect applications

Redis Labs raises a $60M Series E round

Redis Labs, a startup that offers commercial services around the Redis in-memory data store (and which counts Redis creator and lead developer Salvatore Sanfilippo among its employees), today announced that it has raised a $60 million Series E funding round led by private equity firm Francisco Partners. The firm didn’t participate in any of Redis […]

View More Redis Labs raises a $60M Series E round

AI chip startup Graphcore closes $200M Series D, adds BMW and Microsoft as strategic investors

UK AI chip startup Graphcore has announced a $200 million Series D round today that’s jointly led by an existing investor, European VC Atomico, along with new investor Sofina, an investment holding firm. Graphcore says the Series D values the company at $1.7M. We’ve confirmed the valuation is $1.5M before including the new capital raised. We’re also […]

View More AI chip startup Graphcore closes $200M Series D, adds BMW and Microsoft as strategic investors

AI chip startup Graphcore closes $200M Series D, adds BMW and Microsoft as strategic investors

UK AI chip startup Graphcore has announced a $200 million Series D round today that’s jointly led by an existing investor, European VC Atomico, along with new investor Sofina, an investment holding firm. Graphcore says the Series D values the company at $1.7M. We’ve confirmed the valuation is $1.5M before including the new capital raised. We’re also […]

View More AI chip startup Graphcore closes $200M Series D, adds BMW and Microsoft as strategic investors

RiskRecon’s security assessment services for third party vendors raises $25 million

In June of this year, Chinese hackers managed to install software into the networks of a contractor for the U.S. Navy and steal information on a roughly $300 million top secret submarine program. Two years ago, hackers infiltrated the networks of a vendor servicing the Australian military and made off with files containing a trove […]

View More RiskRecon’s security assessment services for third party vendors raises $25 million