All posts tagged: 33M

With M Series C, Fingerprint looks to expand device intelligence platform

With $33M Series C, Fingerprint looks to expand device intelligence platform

Fingerprint, a device intelligence API, helps developers build security solutions using information from hardware accessing a website. The primary goal is to help prevent fraud. Today, the Chicago-based company announced a $33 million Series C investment ​​led by Nexus Venture Partners with participation from Uncorrelated Ventures. Dan Pinto, the company’s co-founder and CEO says what his startup does really well is identifying devices on the internet, whether through a browser like Chrome, Safari or Firefox, or through a mobile operating system via a native app on your phone. He argues that the methods of tracking devices like cookies and IP addresses don’t really work anymore with changes in browser technology, especially with the ability to hide who you are using a VPN. “Fundamentally being anonymous on the internet means that you can do bad things,” Pinto told TechCrunch. “We provide our [fingerprinting] service to high scale businesses in order to uniquely identify devices and prevent things like people logging into other people’s accounts they’re not supposed to, using stolen credit cards across multiple fake accounts …

In-space propulsion developer Benchmark Space Systems closes M in new funding

In-space propulsion developer Benchmark Space Systems closes $33M in new funding

Benchmark Space Systems, a Vermont-based developer of in-space propulsion products, has raised $33.2 million in new funding, according to a filing with the U.S. Securities and Exchange Committee. The Series B capital will be used to help the company manufacture at-scale and deliver on the more than 220 propulsion systems in its backlog, Benchmark CEO Ryan McDevitt told TechCrunch. “[The funding] was really around, how do we set ourselves up so that we have the capital that we need to go deliver on these contracts?” he said. He added that the scale-up will help attract new customers, satellite manufacturers or owner-operators that are also ramping up manufacturing and are looking for partners that can match that output. “If our customers are going out and building new factories and ramping up so that they can go from 10 units a year to 100 units a year, we have to do the same,” he said. To further boost its manufacturing capabilities, Benchmark also just moved into a new 40,000 square-foot office, testing and production space in Burlington, …

Striveworks snaps up first funding of M to build tools for machine learning operations

Striveworks snaps up first funding of $33M to build tools for machine learning operations

MLOps, or DevOps for those working with machine learning models, has seen a boom of interest in the last year, and that should come as no surprise: organizations want to bring more machine learning to bear in their data science stacks, but that requires building and training models, cleaning up data and making sure they work as they should. Today, a startup called Striveworks building MLOps tools to handle that work is announcing $33 million in funding. This is the startup’s first-ever outside funding, and the round getting closed now underscores both the surge of interest in the wider area of artificial intelligence, but also Striveworks’ own traction within that, with the company’s ARR growing 300% annually over the last two years. The $33 million is coming from a single investor, Centana Growth Partners, and Striveworks, based out of Austin, TX, plans to use it for hiring and for further product and business development. The funding comes as what is often described as an opportunistic round: Striveworks has been in business for five years, run …

Elementl raises M Series B for its data orchestration platform based on Dagster

Elementl raises $33M Series B for its data orchestration platform based on Dagster

Elementl, a startup that is building a data platform based on the popular Dagster orchestrator, today announced that it has raised a $33 million Series B round led by Georgian. This round also saw participation from new investors 8vc, Human Capital, and Hanover, as well as existing investors Sequoia, Index, Amplify, and Slow, bringing the company’s total funding to $48.8 million. As is so often the case, Dagster founder Nick Schrock also founded Elementl after many years at Facebook, where he also co-created GraphQL. Schrock is currently the company’s CTO and chairman, with his former Facebook colleague Pete Hunt now the company’s CEO. As Hunt told me, he had invested in Elementl as part of its 2017 seed round — mostly as a bet on Schrock. Hunt admitted that at that point, he didn’t really understand the value proposition of Dagster but as he worked on more data problems at Facebook and then later at Smyte, the anti-abuse service he co-founded and later sold to Twitter, the need for better data orchestration quickly became clear …