Tracxn Deals of the Week: AI, RPA, Cybersecurity, and Big Data (May 26-June 1, 2023)
According to Tracxn, these are the notable deals this week across the sectors of artificial intelligence, cybersecurity, big data analytics, and robotic process automation (RPA).
Click here to view past Deals of the Week.
Artificial Intelligence
Lightmatter, an AI-based photonic microprocessors for supercomputers, raised a Series C $154M round from Aliya, SIP Global Partners, Google Ventures, Fidelity Investments, and others.
Capillary, a provider of omnichannel loyalty management software solutions for businesses, raised a Series D $40M round from Avataar Ventures, Innoven Capital, Unigestion, and others.
Sanalabs, a cloud-based LMS platform for collaborative learning, raised a Series B $28M round from New Enterprise Associates, and Workday.
Analog Inference, a provider of AI inference accelerators, raised a Series A $22.3M round.
Hyro, a provider of an AI-based conversational platform, raised a Series B $20M round from Macquarie Group, Hanaco Ventures, Spero Ventures, Mindset Ventures, and others.
White Shark, an AI-based layer 1 public blockchain network, raised a Series B $16M round.
Cybersecurity
Magic, a cloud-based solutions for passwordless authentication, raised a Series B $52M round from PayPal, Northzone, Cherubic Ventures, Volt Capital, and others.
Alcion, an AI-based data backup solution for Microsoft 365, raised a Seed $8M round.
VeriQloud, a provider offering quantum cryptography solutions, raised a Seed $2.04M round from, Quantonation and WinEquity.
OutDID, a customer identity verification platform, raised a Seed $0.5M round from The DUSK Network.
Archipels, a decentralized identity verification platform, raised a Seed round from Caisse des Depots, La Poste, and ingroupe.com.
Beijing Yunke Anxin Technology, an external attack surface management platform, raised a Series A round from Yuanqi Capital.
Big Data Analytics
BigTapp Analytics, a cloud-based analytics solutions, raised a Seed round from Apar Technologies.
