Tracxn Deals of the Week: AI, Cybersecurity, and Big Data (February 9-15, 2024)

According to Tracxn, these are the notable deals this week across the world of artificial intelligence, cybersecurity, and big data analytics.

Click here to view past Deals of the Week.

Artificial Intelligence

Lambda Labs, a company that offers deep learning servers, hardware and other solutions, raised a Series C – $320M round from usitfund.comT. Rowe PriceBloomberg BetaMercato Partners, and others.

Freenome, a provider of a deep learning platforms for detecting cancer-related markers, raised a Series E – $254M round.

BioAge Labs, a provider of a bioinformatics platforms for biomarkers and drug discovery, raised a Series D – $170M round from Sofinnova InvestmentsOrbimedOsage University PartnersAmgen, and others.

Arch, a Provider of AI and web-enabled lead conversion via resident-feedback solutions, raised a Seed – $62M round from FloodgateCoatueMCJ CollectiveReGen Ventures, and others.

Xensam, a cloud-based software asset management solutions, raised a Series C – $40M round from Expedition Growth Capital.

Rasa, a provider of open source machine learning tools for conversational AI applications, raised a Series C – $30M round from StepStone Grouppaypal.vcAccela16z, and others.

Cybersecurity

Bugcrowd, a crowdsourced web application security testing platform, raised a Series E – $102M round from General CatalystRally Ventures, and costanoa-ventures.com.

Nucleus, an integrated risk and vulnerability management platform, raised a Series B – $43M round from Lead Edge CapitalArthur Ventures, and In-Q-Tel.

Seal Security, an open source vulnerability and patch management solution, raised a Seed – $7.4M round from Vertex Ventures IsraelCrew Capital, and Cyber Club London.

CyVers, a provider of DAI and cryptographic solutions for data security, raised a Series A – $4.6M round from Duelbits.

Big Data Analytics

Marqo, a cloud-based platform offering document searching solutions, raised a Series A – $12.5M round from Lightspeed Venture PartnersRob SkillingtonBlackbird Ventures, and January Capital.

Logmind, a provider of big data analytics platform for unstructured data, raised a Seed round from Spicehaus Partners.

Photo: Lambda Labs hardware. (Credit: Lambda Labs)

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