Personetics is a global provider of data-driven personalization and customer engagement solutions for banks and financial institutions. It has recently raised $75 million in growth funding. The company combines the talents of Warburg Pincus, Viola Ventures, Lightspeed Ventures, Sequoia Capital, and Nyca Partners to help banks around the world deploy its AI software platform. The platform helps banks understand customer behavior and financial data in real-time.
Higher account growth
The company’s AI software enables financial institutions to increase digital customer engagement by up to 35%. It also helps financial institutions offer personalized advice and recommendations to customers, resulting in higher account growth. The company has a number of prestigious clients, including U.S. Bank, RBC, Intesa Sanpaolo, and Santander. It has offices in New York, London, and Paris.
Animoca Brands has raised $88 million at a valuation of $1 billion. The company plans to make games and rare digital items. It has teamed up with several game companies that have pioneered the use of non-fungible tokens (NFTs) to authenticate the uniqueness of digital items in games. These brands have a diverse portfolio of game products, including eSports titles, collectibles, and branded and original game products.
The company also has a diverse portfolio of investment opportunities. Animoca Brands holds more than $1.5 billion in crypto assets. It has made some of the largest investments into blockchain-based games. Its portfolio includes Animoca 88m 1B tokens and other digital assets. Its other investments include Dapper Labs, Opensea, and a number of other startups. In the fourth quarter of 2018, Animoca Brands reported income of $148 million. The company has projected an income of $573 million over the next four quarters.
Acquired Fuel Powered
Animoca Brands began investing in blockchain in 2017. Axiom Zen, its subsidiary, developed CryptoKitties, which allowed players to breed and sell their virtual cats. In early 2018, Animoca Brands acquired Fuel Powered, which included Axiom Zen and CryptoKitties. Animoca Brands also acquired a majority stake in The Sandbox, a blockchain game startup. In addition, the company was an early investor in Sky Mavis, OpenSea, Wax, and Decentraland.
Nayya, an insurance benefits management platform, recently closed an $11M Series A funding round led by Felicis Ventures. The company also received support from early investors such as Guardian Life, the largest mutual life insurance company in the US. Cameron Ventures and Unum Business Ventures also participated in the round. All of these investors are Fortune 500 companies that cover over 39 million people in the United States.
ThriveDX, the cybersecurity training and digital skills training platform, has raised $100 million in funding led by technology investor Prytek and security focused venture firm NightDragon. The funding will help ThriveDX accelerate its hyper growth and build a tech talent pipeline to fill cybersecurity positions in the future. It will also help close the digital skills gap.
Introduced a marketplace
The Genies series aims to make the digital avatar experience more accessible. The company recently introduced a marketplace where creators can buy, sell, and trade their avatar fashions. The marketplace uses Flow, a blockchain-based network. Genies has more than 100 employees and is already working with several companies, including Universal Music Group and Warner Music Group.
Cyber insurance and security company Coalition has raised $175 million in a new funding round. The company is now valued at over $1 billion and has over 42,000 customers. In its first year, the company has attracted interest from investors including Index Ventures, General Atlantic, Ribbit Capital, and Vy Capital.
Iterable is developing an AI optimization suite for its email and SMS programs. The software will analyze customer behavior and preferences to determine the best time and channel to reach customers. The program can also notify customers when their favorite items come back in stock. This way, businesses can make personalized offers and increase customer loyalty.
Important to maximizing
Founded by a former Google employee, Iterable enables marketers to see a log of all published customer journeys. The tool helps companies measure and improve their customer journeys, which is important to maximizing revenue. Iterable’s founder, Andrew Boni, saw problems with Google’s marketing, especially their use of SMS and product notifications.
A new $60 million Series C round has come to Buildots, a construction management tech company that uses computer vision and AI. The new funding will allow the company to expand its solution, support more construction workflows, and expand internationally. The company plans to double the size of its global team in the coming years.
The software engineering startup LinearB has raised $50 million in Series B funding from Battery Ventures and Tribe Capital. The new round of funding brings the company’s total funding to $71 million. LinearB will use the funding to expand its product offering and bring more features to developers. The company has plans to add more developer tool integrations as well as workflow automation features.
Change failure rates
LinearB aims to help software teams understand the way developers work. It works with a wide range of existing DevOps tools and collects data on how teams operate. It tracks metrics like mean time to restore, change failure rates, and cycle ti
Noogata provides a platform for artificial intelligence development that leverages pre-built AI blocks and a no-code development environment. This approach delivers data insights without the complexity of building and retraining complex AI solutions. Noogata’s customers include companies such as Colgate-Palmolive Company and PepsiCo.
Hugging Face has just received an award from VentureBeat for its work in the field of NLP. The company, founded by Clement Delangue and Julien Chaumond, has been recognized for its work in democratizing NLP. According to recent reports, the market for NLP is set to grow to $35.1 billion by 2026. Founded in 2016, the company is based in New York and Paris and has raised a total of $20 million in funding.
Conclusion
Hugging Face is currently knee-deep in a project known as BigScience, an international, multi-university, multi-company, multi-industry collaboration. It includes over 500 researchers and aims to improve the results of large language models. The project is composed of a wide range of experts, including engineering teams, social impact groups, and data governance groups tv bucetas
