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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.

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.

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.

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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