Tracxn Deals Rundown: AI and Cybersecurity (April 26-May 2, 2024)

According to Tracxn, these are the most notable recent deals across the world of artificial intelligence and cybersecurity.

Click here to view past rundowns of Traxcn’s top deals.

Artificial Intelligence

Blaize, a provider of edge AI infrastructure solutions, raised a Series E – $106M round from Temasek, Franklin Templeton Investments, Mercedes-Benz, Rizvi Traverse, and more.

Arbol, a parametric insurance coverage platform for natural disasters, raised a Series B – $60M round from Giant Ventures, Opera Tech Ventures, and Mubadala Capital.

Traceable, a cloud application security solution provider, raised a Series B – $30M round from Citi Ventures, IVP, Sorenson Capital, Geodesic Capital, and others.

Vitestro, a provider that developed AI-based blood drawing robot for clinic use, raised a Series B – $22M round from NYBC Ventures, Sonder Capital, European Union, and Invest-NL

TurboDex, an automated cryptocurrency trading platform, raised a Seed – $20M round from Quadrat Capital, Midana Capital, and Naver Financial.

Trovo Health, an AI-powered assistants solutions for medical practices, raised a Seed – $15M round from Oak HC/FT.

Cybersecurity

Island, a provider of enterprise browser that offers SaaS governance, visibility, and productivity controls, raised a Series D – $175M round from Coatue, Sequoia Capital, Insight Partners, Stripes, and others.

Corelight, a network security monitoring platform, raised a Series E – $150M round from Accel, Cisco Investments, and CrowdStrike.

Elisity, a provider offering network access control solutions, raised a Series B – $37M round from Insight Partners, AllegisCyber Capital, and Two Bear Capital.

Oasis Security, an identity management platform, raised a Series A – $35M round from Accel, Sequoia Capital, and Cyberstarts.

Traceable, a cloud application security solution provider, raised a Series B – $30M round from Citi Ventures, IVP, Sorenson Capital, Geodesic Capital, and others.

LayerX, a provider of a platform offering secure browsing solutions, raised a Series A – $26M round from Glilot Capital Partners and Dell Technologies Capital.