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Asia Computer Software Virtualization

Grid computing software developer Incredibuild raises $140M

– Incredibuild, a developer of grid computing software, today announced that it secured $140 million in funding from ScaleUp investor Insight Partners.
– The Tel Aviv, Israel-based startup says that the investment, which includes both primary and secondary components, will help expand Incredibuild’s U.S. operations to meet demand for its technology.
– Computationally intensive tasks like compiling software are often a massive time sink in development. According to Statista, 40% of engineers attribute software project failure to under-resourcing, with 22% blaming missed delivery timeline expectations and 21% pointing at time constraints and premature software releases.
– Incredibuild, which was founded in 2002 and inspired by NASA’s [email protected], offers a suite of grid computing software designed to help accelerate computationally intensive tasks by distributing them over a network.

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North America Virtual Reality Virtualization

Pico Interactive Raises $37.4M in Series B+ Funding

– Pico Interactive, a San Francisco, CA-based global tech company that develops innovative virtual reality (VR) and enterprise solutions, closed a $37.4M (€31.4M) Series B+ funding round.
– The round was led by Co-Stone Asset Management Co., Ltd., Shenzhen Yidun Media Investment Fund, Jianyin International Capital Management (Tianjin) Co., Ltd., and CCBI Tech Venture (Suzhou). Combined Debt & Equity Private Equity Fund LLP.
– Pico has now raised a total of $67.23M (€56.48M) in B and B+ funding.

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Asia Cloud Security Cyber Security Security Software Virtualization

Aqua Security protects containerized apps and infrastructure, raises $135M

– Aqua Security today announced that it raised $135 million in series E funding at a post-money valuation exceeding $1 billion.
– The Boston- and Tel Aviv-based company plans to put the proceeds toward broadening its product portfolio and its geographic footprint.
– Containers, the packages of code and dependencies that run across computing environments, are riding a worldwide wave in popularity.
– According to a recent study from Nemertes, 45% of enterprises used containers by the end of 2018 compared with 21% in 2017.
– Meanwhile, Grand View Research reports that by 2025, the industry might reach $8.2 billion.
– Aqua’s container-based app management platform runs on-premises or in the cloud and ensures that containers remain immutable, preventing changes versus their originating images.

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Artificial Intelligence Asia Robotics Space Travel Virtual Reality Virtual World Virtualization

Space startup Gitai raises $17.1M to help build the robotic workforce of commercial space

– Japanese space startup Gitai has raised a $17.1m funding round.
– The round was led by SPARX Innovation for the Future Co. Ltd, and includes funding form DcI Venture Growth Fund, the Dai-ichi Life Insurance Company, and EP-GB (Epson’s venture investment arm).

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