iPronics raises $125 million for optical AI data-center switching
Valencia-based iPronics has announced a $125 million Series B round, with Nvidia participating, to expand its optical circuit-switching business for AI data centers. Maverick Silicon and Light Street Capital co-led the round, bri...
HiddenLayer raises $100 million Series B for AI security tools
Austin-based HiddenLayer raised a $100 million Series B led by Delta-v Capital. The company makes security tools intended to protect AI models, agents and workflows. The supplied report identifies the financing and lead investor b...
Accrual agrees to acquire Puzzle's firm-facing accounting technology
Accrual announced an agreement to acquire the accounting-firm technology and business of AI-guided bookkeeping provider Puzzle. Puzzle founder Sasha Orloff and other team members are set to join Accrual, while Puzzle will retain i...
Adobe acquires Indian marketing-workflow startup Rilo
Adobe has acquired India-based marketing-intelligence startup Rilo in a transaction involving licensing and a team acquisition, TechCrunch reported, citing company confirmation. The companies did not disclose terms. Rilo, founded...
Pharosyn raises €2.5 million for pharma intelligence platform
London-based Pharosyn has raised €2.5 million to expand its AI platform for pharmaceutical commercial and portfolio strategy teams. Moonfire led the round, with Entrepreneurs First, Transpose Platform and General Advance also inve...
Enflame's Shanghai IPO draws orders 6,109 times online allocation
Tencent-backed AI chipmaker Shanghai Enflame Technology drew online investor orders for 6,109 times the shares available in its Shanghai IPO, according to an exchange filing reported by Reuters. Enflame shifted 3.4 million shares...