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SynapseFI Announces $17 Million Series A to Fund Their Banking Sector Infrastructure Platform

SynapseFI Announces $17 Million Series A to Fund Their Banking Sector Infrastructure Platform

Synapse Financial Technologies, Inc. (SynapseFI), an API-based banking platform for financial institutions, yesterday announced a $17 million Series A investment led by Trinity Ventures and Core Innovation Capital. . Schwark Satyavolu of Trinity Ventures and Arjan Schütte of Core Innovation Capital joined the SynapseFI board of directors. Since its founding in 2014, the company has processed approximately $10 billion in transactions for...

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US Air Force KC135R On Tour in Medellín, Colombia (Photo Credit, Loren Moss)

Unisys Wins US Air Force Contract To Provide “Digital Workplace Services” – Secure End User IT Managed Services At Key Domestic & 1 German USAF Base

Unisys Corporation (NYSE: UIS) announced this month  that the U.S. Air Force has selected the company to provide a package of digital workplace services through which it will securely manage, maintain and monitor the Air Force’s end-user desktop, laptop and mobile devices. The $76 million award covers an engagement that will run for one year. This...

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Chevron Technology Ventures Launches $90 Million Fund VII

Chevron Technology Ventures Launches $90 Million Fund VII

Chevron Technology Ventures LLC (CTV) today launched Fund VII, a new $90 million fund established to sustain Chevron’s (NYSE: CVX) continued venture capital investment across the energy industry. Investments from this newest fund are expected to target early- to mid-stage companies as well as limited partnership funds. Further, Fund VII investments will focus on high-tech,...

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Amazon AWS Announces New Network Edge Location For Colombia, Additional LatAm Infrastructure & Training Commitments

Amazon AWS Announces New Network Edge Location For Colombia, Additional LatAm Infrastructure & Training Commitments

Amazon Web Services (AWS) (NASDAQ: AMZN) announced in Bogotá yesterday that it would activate an edge location in Colombia by the end of 2019, making Colombia Amazon AWS’s first Latin American network access point outside of North America or Brazil. The cloud services and retail giant also announced a collaboration with SENA, Colombia’s national community...

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NICE & CallVU Announce Collaboration To Bring RPA To Customer Engagement

NICE & CallVU Announce Collaboration To Bring RPA To Customer Engagement

NICE (Nasdaq: NICE) last week announced a partnership between NICE Robotic Process Automation (RPA) and CallVU to offer visually enriched IVR (Interactive Voice Response) and digital customer engagement at the front end, together with smart automation of complex back end processes. The integrated offering enables organizations to gain greater operational efficiencies such as increased processing...

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Photo Courtesy of Volkswagen Group. Volkswagen started the countdown to the future with the world premiere of its visionary I.D. study at the Paris Motor Show in 2016. The compact 125 kW I.D. is a highly automated electric car based on Volkswagen’s ground-breaking All-New Electric Architecture. With one battery charge, the I.D. can cover distances between 400 and 600 kilometers. The production version is to be launched in 2020 at the price level of a Golf with comparable power output and equipment. However, Volkswagen is looking much further into the future with the study. In the I.D. Pilot mode, the electric car allows fully automated driving. This technology is to be ready for series production by 2025.

VW Taps Amazon AWS To Power The “Volkswagen Industrial Cloud,” Powering Automobile Manufacturing & Logistics Processes

Yesterday, Amazon Web Services (AWS) (NASDAQ: AMZN), and the Volkswagen Group (VW) (ETR:VOW3) announced a multi-year, global agreement to build the Volkswagen Industrial Cloud, a cloud-based Industrial digital production platform that will transform the automotive company’s manufacturing and logistics processes. Volkswagen will rely upon the breadth and depth of AWS’s portfolio of services, including IoT,...

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OJO Labs Raises $45 Million in Series C Funding to Accelerate Expansion & Product Development

OJO Labs Raises $45 Million in Series C Funding to Accelerate Expansion & Product Development

Austin, Texas based  real estate technology firm OJO Labs has raised $45 million in Series C funding to accelerate its development and market expansion. The company expects to strengthen its position with significant hiring in its data science, engineering, product and design teams. The round is funded by a syndicate including LiveOak Venture Partners, Realogy...

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After Acquiring Symphony Ventures, Sykes Names Ian Barkin as Chief Strategy & Marketing Officer

After Acquiring Symphony Ventures, Sykes Names Ian Barkin as Chief Strategy & Marketing Officer

Global outsourcer Sykes Enterprises has announced the appointment of Ian Barkin — co-founder of global intelligent automation (IA) and robotic process automation (RPA) leader Symphony Ventures, Inc. to be its chief strategy and marketing officer. In November of 2018, Sykes acquired Symphony Ventures a company co-founded by Barkin, making it one of the first front-office business...

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RPA Vendor Kryon Picks Up $40 Million in Series C Investment

RPA Vendor Kryon Picks Up $40 Million in Series C Investment

NEW YORK, NY – FEBRUARY 26, 2019 – Kryon®, a developer of Robotics Process Automation (RPA) software, has announced the completion of its Series C financing round of $40 million led by OAK HC/FT. Both Aquiline Technology Growth and Vertex Ventures – the firms that had led Kryon’s Series B round – have also exercised their...

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Image by bea_marques on Pixabay

IBM, FAPESP Create AI Center in Brazil, Call For Research Projects

The São Paulo State Research Foundation (FAPESP) and IBM have joined efforts to support the creation of a Center for Artificial Intelligence (AI), within the FAPESP Engineering Research Center Program. The new Center will pursue a disruptive research program, with the potential to promote paradigm shifts in AI. Its mission is twofold: to generate deeper...

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