Cloud

Liqid raises $28 million for adaptive resource management in datacenters

Liqid has raised $28 million for adaptive resource management to improve round-the-clock utilization of computers in datacenters.

The Broomfield, Colorado-based company creates composable datacenter infrastructure solutions and services. The money came from Panorama Point Partners, with participation from Iron Gate Capital and affiliates of DH Capital.

The investment brings the company’s total funding to $50 million. Liqid recently doubled quarter-over-quarter revenue, with record profit and a record number of customers and deployments of its comprehensive composable infrastructure solutions.

Liqid will use the funding to accelerate growth and increase budgets for hiring in operations, sales, marketing, engineering, and other business-critical

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Hive raises $10.6 million to bolster project management with AI

For evidence that the future of work is automated (or at least semi-automated), look no further than startups like New York-based Hive. The productivity platform provider offers solutions from meeting scheduling to task management and project monitoring, and in an effort to lay the groundwork for expansion after quintupling revenue this past year, it’s secured fresh funding.

Hive today revealed that it’s raised $10.6 million in a series A round led by Comcast Ventures, with participation from existing seed investors Tribeca Venture Partners, Vocap Investment Partners, and Rembrandt Venture Partners. It brings the company’s total raised to $16.7 million

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Angular Ventures is a $41 million early-stage fund for deep tech startups entering the U.S.

A new early-stage venture capital (VC) firm that focuses on European and Israeli “deep tech” enterprise startups eyeing U.S. expansion, has officially closed its inaugural fund.

London-headquartered Angular Ventures, which has additional hubs in Tel Aviv and New York, has announced an “oversubscribed” $41 million institutional seed fund — significantly more than the $25 million it planned to raise according to its filing with the U.S. Security and Exchange Commission (SEC) last year.

Founded in May 2018 by Gil Dibner, an angel investor and former partner at DFJ Esprit, Angular Ventures has invested in 12 startups already since the

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Google launches Skaffold in general availability

In a recent survey of over 5,000 enterprise companies, 58% responded that they were using Kubernetes — the open source container-orchestration system for automating app deployment, scaling, and management — in production, while 42% said they were evaluating it for future use. The momentum was a motivating force behind Google’s Skaffold, a command line tool that facilitates continuous development for Kubernetes-native apps. It launched in preview and subsequently in beta in products on Google Cloud Platform in 2017, and as of today it’s generally available for eligible customers.

“[We] noticed that developers creating Kubernetes-native applications spent a long time building

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Snapdocs raises $25 million to streamline mortgages with AI

Real estate tech company Snapdocs today revealed that it has raised $25 million in series B funding to further develop its products and platform. Coinciding with the news, the San Francisco-based company announced the opening of a new office in Denver, Colorado. Snapdocs said the new office would serve as a center for a “wide variety” of roles, with an emphasis on engineering and operations.

F-Prime Capital led this latest raise, with participation from Sequoia Capital. (Among previous backers are Y Combinator and SV Angel.) The series B brings Snapdocs’ total raised to around $45 million, following a $15 million

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Yandex is testing an autonomous delivery rover in Moscow

Yandex’s autonomous ambitions extend beyond the automotive domain. The Moscow-based company today announced that its self-driving division — responsible for developing, testing, and deploying its driverless vehicle fleet — is piloting a robot dubbed Yandex.Rover that can deliver small packages autonomously.

Yandex’s six-wheel rover, which is roughly the size of a small suitcase, taps some of the tech at the core of Yandex’s self-driving cars to travel safely “at the speed of a pedestrian.” It’s capable of navigating around obstacles in all weather conditions during daylight or darkness, but in the area where it’s currently deployed — the over 7,000-person

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GitHub: Over 80% of repository contributions come from outside the U.S.

GitHub’s annual Octoverse report is out today. It found that Microsoft’s Visual Studio Code or VSCode (19.1K), Azure Docs (14K), and Flutter (13K) were the top open source projects in total contributors on GitHub in the last year, followed by projects like Google’s TensorFlow (9.9K), Kubernetes (6.9K), and the React Native framework created by Facebook.

The annual report that looks at trends and milestones for the code repository acquired by Microsoft last year also found that repositories with topics like “deep learning,” “natural language processing,” and “machine learning” grew in popularity over the course of the past year. GitHub is

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Intelligent search platform Coveo raises $227 million at a valuation of over $1 billion

Coveo, an enterprise software-as-a-service (SaaS) platform that meshes unified search, analytics, and machine learning to unlock insights contained within big data for businesses, has raised $227 million in a round of funding led by Omers, with participation from Evergreen Coast Capital, FSTQ, and IQ, among others.

The company didn’t reveal its current valuation, except to say it’s now a “unicorn” (valued at over $1 billion), so the figure is likely at least 3 times more than its $370 million valuation last year. Moreover, Coveo revealed that Omers and other existing shareholders now own 15.5% of the company.

Founded

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Nest Mini vs Nest Wifi Point: What you need to know about the dedicated ML chip

At its annual hardware event last month, Google unveiled the Nest Mini as well as the Nest Wifi Router and Nest Wifi Point. The former went on sale for $49 on October 22 while the latter goes on sale today starting at $269 for a two-pack and $349 for a three-pack. Unlike their predecessors, Google Wifi and Google Home Mini respectively, these devices come with a dedicated machine learning (ML) chip.

For those who don’t care about the technical details, the equation is simple. If you need a Google Assistant speaker, get the Nest Mini. If you need a

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Microsoft debuts Azure Synapse Analytics, updates database offerings

Workflow automation was a predictable focus as Microsoft Ignite kicked off in Orlando, Florida this morning. To this end, the company took the wraps off new cloud-hosted AI, data analytics, and managed database services in preview and announced updates to existing offerings like Azure SQL Database Edge.

Azure Synapse Analytics

Perhaps the headliner is Azure Synapse Analytics, a service now in preview that leverages on-demand or provisioned resources to ingest, prepare, manage, and serve data for business intelligence and AI apps. It’s the evolution of Azure SQL Data Warehouse and pulls together insights from data warehouses and big data analytics

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