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DevRev Becomes AI Unicorn After Raising $100.8 Million in Series A
DevRev has secured $100.8 million in Series A funding, achieving a $1.15 billion valuation. This funding round, led by Khosla Ventures with contributions from Mayfield Fund, Param Hansa Values, U First Capital, and other notable…
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Filigran Raises $35M to Expand Its Cybersecurity Threat Management Platform
Filigran, a cybersecurity startup based in Paris, has raised $35 million in a Series B funding round, led by Insight Partners and supported by previous investors Accel and Moonfire. This follows a $16 million Series…
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Cohere’s New Aya Expanse Models Bring AI to 23 Languages
Cohere has launched two open-weight AI models under its Aya project, aiming to bridge the language gap in foundation models through advanced multilingual capabilities. Named Aya Expanse 8B and 35B, these models are available on…
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UK Digital End-of-Life Startup Farewill Acquired for $16.8M by Dignity
Dignity, a major U.K. funeral service provider, has acquired digital end-of-life services startup Farewill in an all-shares deal valued at £12.9 million ($16.8 million). Farewill, which was founded in 2015, offers online tools for writing…
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Lucid CEO Defends $1.75 Billion Capital Raise After Stock Plunge
Lucid CEO Peter Rawlinson clarified that Wall Street misunderstood the company’s recent $1.75 billion capital raise, a move that led to a significant drop in Lucid’s stock price last Thursday. The offering involved the sale…
