TechChrounch

Startup and Technology News
  1. Our favorite pitches from Alchemist Accelerator’s 16th batch

     Alchemist Accelerator, known for its specialty in working with enterprise startups, held its 16th demo day at Microsoft’s offices in Mountain View, California. 18 startups pitched ideas ranging from more traditional marketplaces to frontier aerospace technology. Addressing the packed auditorium before the pitches began, Ravi Belani, managing partner at Alchemist, reasserted his core… Read More
  2. 10x, founded by the ex-CEO of Barclays, raises $46M to take on ancient banking infrastructure

     The fintech revolution continues apace, and while many startups are hoping that newer and better tech will help them take business away from traditional banks, today a company has received a large round of funding to help those incumbent institutions better compete. 10x Future Technologies is a startup that has built a ground-up platform that incorporates machine learning, cloud services… Read More
  3. Pymetrics attacks discrimination in hiring with AI and recruiting games

     Identify the traits of your top performing employees and hire people like them, but without the discrimanatory bias of traditional recruiting. That’s the promise of Pymetrics, an artificial intelligence startup that today announced $8 million in new funding onstage at TechCrunch Disrupt SF. Read More
  4. Pluralsight IQ allows engineers to compare skills and proficiencies

     Pluralsight is announcing a new tool this morning to help satiate our innate desire to compare ourselves against one another. Pluralsight IQ is designed to assist developers in assessing their competencies and determining their proficiencies relative to their peers. Engineers taking the test are assigned scores between zero and 300 along with an indicator of attainment — novice,… Read More
  5. Kubernetes gains momentum as big-name vendors flock to Cloud Native Computing Foundation

     Like a train gaining speed as it leaves the station, the Cloud Native Computing Foundation is quickly gathering momentum, attracting some of the biggest names in tech. In the last month and a half alone AWS, Oracle, Microsoft, VMware and Pivotal have all joined. It’s not every day you see this group of companies agree on anything, but as Kubernetes has developed into an essential… Read More
  6. Agent AI aims to turbocharge its AI tools by offering free CRM

     Agent AI is looking to automate more of the customer service process. To do that, it’s built its own customer relationship management product, as well as AI tools that sit on top — and now it’s making the CRM part available for free. While giant software businesses have been built around CRM, CEO Fred Hsu said the market has changed, with the software becoming less… Read More
  7. Google Cloud’s Natural Language API gets content classification and more granular sentiment analysis

     Google Cloud announced two updates this morning to its Natural Language API. Specifically users will now have access to content classification and entity sentiment analysis. These features are particularly valuable for brands and media companies For starters, GCP users will now be able to tag content as corresponding with common topics like health, entertainment and law (cc: Henry).… Read More
  8. TalkIQ raises $14 million Series A to give enterprises AI insights into voice communication

     There’s no shortage of startups building their brands around AI for enterprise. And within the enterprise, few spaces are as competitive as AI-powered voice analytics. TalkIQ is the latest company in the space to carry home a large round of financing with promise. With $14 million in Series A funding, the TalkIQ team is hoping its proprietary tech stack and engineering-heavy team will… Read More
  9. Minio scores $20 million Series A to build a neutral object storage layer

     Minio has a plan to become the neutral object storage layer, while still maintaining Amazon S3 object storage compatibility. That may seem like an odd strategy, but as CEO Anand Babu Periasamy, co-founder and CEO of Minio points out, there is a clear market need. By building a solution that enables customers to store data across a variety of solutions including S3, he believes he is giving… Read More
  10. Real-time data analytics startup Incorta raises $15M Series B led by Kleiner Perkins

     Incorta, the startup that wants to speed up big data analytics by eliminating the need for data warehouses, has raised a $15 million Series B led by new investor Kleiner Perkins. Existing investors GV and Ron Wohl, former executive vice president of applications development at Oracle, also participated. Read More
  11. Salesforce Einstein celebrates its first birthday with several new features

     Salesforce launched Einstein, its artificial intelligence platform just one year ago this week. As it celebrates its first birthday, it’s worth taking a look back at the first year and looking at a couple of enhancements they’re adding as a birthday surprise. It’s easy to lose sight of the fact that Einstein isn’t actually a product at all, even though Salesforce markets… Read More
  12. Threat Stack snares $45 million investment as spotlight shines brightly on security

     Threat Stack, the Boston-based security startup that helps companies stay protected in the cloud, reeled in a $45 million investment today. It seems that they are in the right place in the right time as news of the Equifax breach swirls on mainstream media. The round includes a big institutional backer, as fellow Boston firm Fidelity Investments participated through their investment arm,… Read More
  13. Goodbye, photo studios. Hello, colormass virtual photoshoots

     Berlin-based colormass, one of the startups presenting today at TechCrunch Disrupt as part of the Battlefield, has developed a platform that lets you recreate an IKEA-style experience for your own merchandise: highly realistic, but digitally manipulated 3D facsimiles. Read More
  14. Equifax was reportedly hacked almost five months before its first disclosed date

     Equifax learned about a major breach in its systems in March, well before it disclosed a massive breach earlier this month that included sensitive information for 143 million consumers, according to a new report from Bloomberg. Read More
  15. Ethereum will match Visa in scale in a ‘couple of years’ says founder

     The mind behind Ethereum, Vitalik Buterin, is matter-of-fact about the crypto. In short, he believes what interviewer Naval Ravikant called “brain virus” is the true future of security and economics and, with the right incentives, Ethereum can replace things like credit card networks and even gaming servers. Buterin separates the world into two kinds of people. “There’s… Read More
  16. Matroid picks up $10M Series A to automate video stream monitoring

     As computer vision and object recognition technology continue to mature, we’re edging closer to automating away the exceedingly boring task of monitoring closed circuit TV cameras. Matroid is one of the startups leading the democratization of this variety of machine intelligence. The company is announcing a $10 million Series A this morning from NEA and Intel Capital that brings… Read More
  17. A typical day for researchers on Google’s Brain Team

     What do you and researchers on Google’s Brain Team have most in common? You both probably spend a lot of time triaging email. In a Reddit AMA, 11 Google AI researchers took time to share the activities that consume the greatest chunks of their days. Email was a frequent topic of conversation, in addition to less banal activities like skimming academic papers and brainstorming with… Read More
  18. Why Dropbox decided to drop AWS and build its own infrastructure and network

     There is always a tension inside companies about whether to build or to buy, whatever the need. A few years ago Dropbox decided it was going to move the majority of its infrastructure requirements from AWS into its own data centers. As you can imagine, it took a monumental effort, but the company believed that the advantages of controlling its own destiny would be worth all of the challenges… Read More
  19. Facebook is the latest tech giant to hunt for AI talent in Canada

     Facebook is turning its attention to Canada with a new AI research office in Montreal. Google and Microsoft already have outposts in the city and countless other tech companies, including Uber, have researchers based in Canada. McGill University’s Joelle Pineau will be leading Facebook’s AI efforts in Montreal. Pineau’s research focus tends to lean heavily on robotics and… Read More
  20. AWS now offers a virtual machine with over 4TB of memory

     Earlier this year, Amazon’s AWS group said that it was working on bringing instance types with between 4 to 16TB of memory to its users. It’s now starting to fulfill this promise as the company today launched its largest EC2 machine (in terms of memory size) yet: the x1e.32xlarge instance with a whopping 4.19TB of RAM. Previously, EC2’s largest instance only featured just… Read More