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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 TemasekFranklin Templeton InvestmentsMercedes-BenzRizvi Traverse, and more.

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

Traceable, a cloud application security solution provider, raised a Series B – $30M round from Citi VenturesIVPSorenson CapitalGeodesic Capital, and others.

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

TurboDex, an automated cryptocurrency trading platform, raised a Seed – $20M round from Quadrat CapitalMidana 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 CoatueSequoia CapitalInsight PartnersStripes, and others.

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

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

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

Traceable, a cloud application security solution provider, raised a Series B – $30M round from Citi VenturesIVPSorenson CapitalGeodesic 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.

 

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