Qualcomm Ventures

Spectro Cloud Achieves New Kubernetes Milestones with AWS

Retrieved on: 
Monday, April 22, 2024

Key Points: 
  • View the full release here: https://www.businesswire.com/news/home/20240422489447/en/
    By achieving the AWS Container Competency and joining the AWS Well Architected and ISV Accelerate programs, Spectro Cloud is now in the “differentiated” stage of its AWS Partner Paths journey.
  • This means if customers have an Enterprise Discount Promotion (EDP) contract with AWS, Spectro Cloud can help them meet their overall AWS consumption commitment.
  • Spectro Cloud’s experts are validated to offer AWS Well-Architected Reviews, helping customers optimize their Amazon Elastic Kubernetes Services (Amazon EKS) and Kubernetes environments.
  • By achieving the AWS Container Competency and joining these AWS programs, Spectro Cloud is now in the “differentiated” stage of its AWS Partner Paths journey.

Uhnder raises $50 million in Series D funding to accelerate growth

Retrieved on: 
Wednesday, February 21, 2024

AUSTIN, Texas, Feb. 21, 2024 (GLOBE NEWSWIRE) -- Uhnder, the technology company on a mission to create the most advanced radar sensors for safe and automated mobility of both people and goods, announced today a $50 million Series D raise.

Key Points: 
  • AUSTIN, Texas, Feb. 21, 2024 (GLOBE NEWSWIRE) -- Uhnder, the technology company on a mission to create the most advanced radar sensors for safe and automated mobility of both people and goods, announced today a $50 million Series D raise.
  • The round was led by ACME Capital with participation from Magna, Qualcomm Ventures, El Camino Capital, Monta Vista Capital, Sagitta Ventures, and HT Capital.
  • Uhnder has shipped over 200,000 of its next generation digital radar chips and has dozens of customer engagements in the automotive, industrial and defense sectors.
  • Dr. Manju Hegde, CEO of Uhnder, expressed gratitude for the strong support from investors and the market.

Ethernovia Unveils World’s First Single and Quad Port, 10G to 1G Automotive PHY in 7nm

Retrieved on: 
Tuesday, March 5, 2024

“As demands for the vehicle of the future continue to rise—greater safety, full autonomy, long-range electrification and more—vehicular bandwidth demands rise commensurately,” said Ramin Shirani, Ethernovia co-founder and CEO.

Key Points: 
  • “As demands for the vehicle of the future continue to rise—greater safety, full autonomy, long-range electrification and more—vehicular bandwidth demands rise commensurately,” said Ramin Shirani, Ethernovia co-founder and CEO.
  • The single port ENT11100 and ENT11025 are now sampling to customers with the quad port devices sampling later this year.
  • The devices are the automotive semiconductor company’s first in a planned family of products encompassing a holistic hardware and software system for the next generation of centralized vehicle architecture.
  • That will include a high-bandwidth, low-latency switch in the 7nm process currently being developed in strategic partnership with leading original equipment manufacturer Continental .

BrainChip Announces Dr. Tony Lewis as the New Chief Technology Officer

Retrieved on: 
Tuesday, November 21, 2023

Tony has served as a visiting or adjunct professor at the University of Arizona, the University of Illinois, Urbana-Champaign, and the University of Waterloo.

Key Points: 
  • Tony has served as a visiting or adjunct professor at the University of Arizona, the University of Illinois, Urbana-Champaign, and the University of Waterloo.
  • His entrepreneurial experience is evident in his founding of a government funded R&D company specializing in neuromorphic computing and robotics.
  • Tony has also made his mark as a startup advisor and investor, bringing his technical acumen to various innovative ventures.
  • “While it is bitter-sweet, I’m also excited that with this seamless transition to Tony and his immense experience, we will further accelerate Akida’s technology pipeline to market.”

You.com Announces Executive Team Expansion, New Roles Amid Record Growth

Retrieved on: 
Tuesday, November 21, 2023

You.com , the AI assistant founded by leading AI research scientists Richard Socher and Bryan McCann, announced today an expansion of its executive team and additional hiring plans following a year of record growth and product advancements.

Key Points: 
  • You.com , the AI assistant founded by leading AI research scientists Richard Socher and Bryan McCann, announced today an expansion of its executive team and additional hiring plans following a year of record growth and product advancements.
  • To support its growth and innovation, You.com welcomed two key executives to its leadership team:
    Jason Egnal joined You.com as the company’s first Chief Marketing Officer.
  • His international experience and expertise in go-to-market strategy, branding, positioning, and customer engagement make him an invaluable asset to You.com ’s expanding leadership team.
  • He also led the development of Google's Family Link products and was a founding member of the Google+ team.

FourKites Recognized for Innovation and Disruption in FreightTech 25 Awards, Seven Years Running

Retrieved on: 
Wednesday, November 15, 2023

For the rare stalwarts like FourKites, the list is “a special testament to resilience,” as reported by FreightWaves .

Key Points: 
  • For the rare stalwarts like FourKites, the list is “a special testament to resilience,” as reported by FreightWaves .
  • “I’m honored to be named again to the FreightTech 25,” said FourKites founder and CEO, Mathew Elenjickal.
  • “At its core, FourKites is committed to an ironclad partnership with our 1,200+ customers to solve their most challenging supply chain problems.
  • Partners span dozens of the world’s leading technology companies, systems integrators and IoT/hardware providers.

AR Gaming Market to grow by USD 24.12 billion from 2022 to 2027, the market is concentrated due to the presence of prominent companies like Augmented Pixels Inc., Blippar Ltd. and Hofli Ltd., and many more - Technavio

Retrieved on: 
Tuesday, November 14, 2023

The AR gaming market is concentrated owing to the presence of many global and regional companies.

Key Points: 
  • The AR gaming market is concentrated owing to the presence of many global and regional companies.
  • Download Sample before buying
    Augmented Pixels Inc. - The company offers an AR game called WarBot, which is a shooting game made for kids and adults.
  • Hofli Ltd. - The company offers an AR game called Cosmic Frontline AR game which includes spaceship battles between participants.
  • The arcade gaming market is estimated to grow at a CAGR of 1.99% between 2022 and 2027.

Zoop Receives License from Brazilian Central Bank as Licensed Payment Institution

Retrieved on: 
Wednesday, November 8, 2023

SÃO PAULO, Nov. 8, 2023 /PRNewswire/ -- Zoop, the leading fintech in technology for financial services in the Brazilian B2B market, received authorization from the local Central Bank on Tuesday, October 31, to act as a Payment Institution (Instituição de Pagamento (IP)), as an electronic currency issuer (EMI). The granting of the license was published in the Official Gazette of The Union.

Key Points: 
  • SÃO PAULO, Nov. 8, 2023 /PRNewswire/ -- Zoop, the leading fintech in technology for financial services in the Brazilian B2B market, received authorization from the local Central Bank on Tuesday, October 31, to act as a Payment Institution (Instituição de Pagamento (IP)), as an electronic currency issuer (EMI).
  • The IP license opens up new business prospects for Zoop and strengthens its market position.
  • The company now has direct access to the Brazilian Payment System (SPB) and the Instant Payment System (SPI), which will enable the development of new financial services infrastructure solutions.
  • "By obtaining this license, Zoop will be able to offer more comprehensive and personalized financial solutions to customers and partners, meeting growing market demands.

Tabnine Raises $25 Million from Atlassian Ventures, Telstra Ventures, and More to Meet Demand for Enterprise-Ready Generative AI in the Software Development Lifecycle

Retrieved on: 
Wednesday, November 8, 2023

The funding will be used to extend Tabnine’s mission to integrate generative AI into the end-to-end software development lifecycle (SDLC), following Tabnine’s successful application of AI to code creation and completion, which already serves more than one million monthly users.

Key Points: 
  • The funding will be used to extend Tabnine’s mission to integrate generative AI into the end-to-end software development lifecycle (SDLC), following Tabnine’s successful application of AI to code creation and completion, which already serves more than one million monthly users.
  • Tabnine will also further build out its sales and global support teams to meet massive customer demand.
  • The adoption of generative AI for the planning, development, testing, and deployment of software is growing at an astonishing rate.
  • A survey by GBK Collective found that 78% of companies expect to use AI for software development within the next three to five years.

ScyllaDB Raises $43M to Take on MongoDB at Scale, Push Database Performance to New Levels

Retrieved on: 
Tuesday, October 17, 2023

These funds will enable ScyllaDB to accelerate its momentum with MongoDB customers who are wrestling with scale.

Key Points: 
  • These funds will enable ScyllaDB to accelerate its momentum with MongoDB customers who are wrestling with scale.
  • Across industries, R&D teams are increasingly realizing that ScyllaDB’s dramatically different database architecture delivers better performance and horizontal scalability for data-intensive workloads.
  • In an independent benchmark , ScyllaDB achieved up to 68X lower latencies vs. MongoDB, up to 20X higher throughput, and 19X better price/performance ratio.
  • Overall, the study compared a total of 133 performance measurements and ScyllaDB outperformed MongoDB in 132 of 133 measurements.