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Asia Computer Software

GAannotations automates contextual data for Google Analytics annotations

– Israeli startup called GAannotations secured today $1.2 million in funding.
– Despite many pretenders to the Google Analytics throne, the service continues to dominate web and marketing analytics for small and enterprise-grade businesses alike.
– Now, with funding from an under-the-radar Argentinian VC firm called Madero VC, the company has enough in the bank to grow its business beyond its early-stage customers and target everyone from small indie developers to big businesses and marketing teams.
– Ideses said the company plans to use a significant chunk of the money to add more metrics and analytics to the mix, including simplified table comparisons when using multiple data ranges, table heat maps to help visualize and compare data, and more.

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Computer Software North America

Companion Raises $8M in Seed Funding

– Companion is a San Francisco, CA-based startup that develops technology and services to train dogs.
– The company raised $8m in seed funding led by IA Ventures.
– The round was also participated by Tuesday Capital, frog Design, Companion Fund, backed by Mars Petcare, Michelson Found Animals Foundation, Wheelhouse Partners, PETStock and Central Garden & Pet.
– Companion intends to use the funds to continue rolling out the device and coaching service to early adopters.

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Computer Software Europe

Introducing Samotics: Semiotic Labs Rebrands and Announces New Investment

– Samotics, a leading provider of AI-driven predictive analytics, today announces its new brand identity and recent investment, reflecting the organization’s rapid growth into a global enterprise.
– Samotics will replace Semiotic Labs as the official company name, alongside a new visual identity and website.
– The company has also completed a new 5 million euro funding round, signifying high confidence in its future business strategy and growth targets.
– The investment will be used to accelerate Samotics’ expansion into the US market, expedite the rollout of new features, and further technological innovation in predictive maintenance.
– In the last twelve months, Samotics more than doubled its employee headcount as its international client base expanded with the addition of leading industrial companies including Total, Henkel, Evonik and FrieslandCampina.

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Asia Computer Software

How China’s synthetic media startup Surreal nabs funding in 3 months

– Surreal, a China-based AI startup, raised $2-3m in seed funding.
– The round was led by Sequoia China and ZhenFund.
– The company is merely three months old but has already secured a seed round of $2-3 million from two prominent investors, Sequoia China and ZhenFund.
– Surreal received nearly 10 investment offers in this round, as investors jostled to bet on a future shaped by AI-generated content.

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Computer Software South America

Demetria Emerges from Stealth With $3M in Seed Funding

– Demetria, a Bogota, Columbia- and Herzliya, Israel-based AI-powered taste and quality intelligence SaaS startup for the coffee supply chain, emerged from stealth after closing a $3m seed funding round.
– The round was led by LatAm-Israeli investor Celeritas and a group of private investors including Mercantil Colpatria, the investment branch of Grupo Colpatria, a player in the Colombian financial sector.

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Computer Software Europe

Quality Match raises $6 million to build better AI datasets

– Quality Match, a Heidelberg, Germany-based quality data annotation provider, today announced that it raised a €5 million ($6 million) seed round from LEA Partners.
– The company says it’ll use the proceeds to expand its team and accelerate product development.
– Training AI and machine learning algorithms requires plenty of annotated data. But data rarely comes with annotations.
– The bulk of the work often falls to human labelers, whose efforts tend to be expensive, imperfect, and slow.
– It’s estimated most enterprises that adopt machine learning spend over 80% of their time on data labeling and management.
– In fact, in a recent survey conducted by startup CloudFlower, data scientists said that they spend 60% of the time just organizing and cleaning data compared with 4% on refining algorithms.

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Asia Computer Software

Acumen nabs $7M seed to keep engineering teams on track

– Acumen, an Israeli engineering operations startup, announced a $7m seed investment.
Hetz, 10D, Crescendo and Jibe participated in the round.
– The company also announced it was emerging from stealth today.

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Computer Software North America

Rx Redefined Completes $2M Seed Round

– Rx Redefined, a health tech company from New York, today announced the successful completion of its $2 million seed funding round.
Silverton Partners led the investment round with participation from Saturn Five.

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Computer Software North America

Citadel ID raises $3.5M for API-delivered income and employment verification

– Citadel ID, a startup providing an API-delivered income and employment verification service, raised $3.5m in funding.
– The round was led by Abstract and Soma VC, and joined by ChapterOne, Brianne Kimmel, and denizens with work histories at companies like Zynga (Mark Pincus), Stripe (Lachy Groom), Carta (Henry Ward) and others.
– The company was founded in June of 2020, before raising capital, snagging its first customer and shipping its product all inside of the same year.

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Computer Software North America

Breakwater Solutions Launches With Equity Funding From JLL Partners

– Breakwater Solutions LLC, an Austin, Texas-based company that provides Governance, legal, and risk professionals with technology automation and human expertise to manage and analyze massive volumes of data to help mitigate risk and gain key insights, received equity funding from JLL Partners.
– The amount of the deal was not disclosed.
– Led by CEO and former IBM executive James Schellhase, Breakwater provides consulting, software, and managed services designed to address the challenges within information governance, disputes and investigations, regulatory compliance, privacy, and cybersecurity.
– The company’s software suite includes IBM StoredIQ®, IBM StoredIQ for Legal, IBM StoredIQ InstaScan, and the IBM Atlas suite of products.

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