Ashley Bowden

Chicago

News Reporter at Built In Chicago

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Articles

CloudZero to Enhance Tech Following $56M Series C Raise | Built In Boston

1 week ago | builtinboston.com | Ashley Bowden

CloudZero, a company working to help organizations scale their cloud technology efficiently, recently secured $56 million in a round of Series C funding. The investment was co-led by BlueCrest Capital Management and Innovius Capital. The company’s platform automates the collection, allocation and analysis of cloud costs to help engineers maximize cost savings while developing software.
Medtech Platform TriSalus Appoints Chief Financial Officer

1 week ago | builtincolorado.com | Ashley Bowden

TriSalus Life Sciences, a Denver-area oncology company, announced a new chief financial officer. Effective July 1, David Patience will assume the role, bringing extensive capital markets expertise to the company. TriSalus is a medtech company working to improve outcomes for patients with solid tumors. Its platform incorporates devices that use a proprietary drug delivery technology as well as clinical-stage investigational immunotherapy.
AI Logistics Tech Platform Pallet Raises $27M Series B Round

1 week ago | builtinsf.com | Ashley Bowden

San Francisco-based Pallet pulled in a new round of funding for its AI workforce solution designed for the logistics sector. The company pulled in a $27 million Series B led by General Catalyst that brings its total venture funding to $50 million. Pallet’s solution automates administrative workflows, completing tasks at a pace 10 times faster than traditional staff would manually, according to the company.
Motorola Solutions Announces Intent to Acquire Silvus Technologies in $4.4B Deal

1 week ago | builtinchicago.org | Ashley Bowden

Motorola Solutions, a global communications company headquartered in Chicago, is set to acquire Silvus Technologies, a Los Angeles-based defense wireless radio firm, in a deal worth $4.4 billion. Silvus develops mobile communications datalinks that leverage a software-defined waveform to enable data transmission without any fixed infrastructure.
Inspectify Acquires Joule to Enhance Its Home Inspection Solution

1 week ago | builtinseattle.com | Ashley Bowden

Inspectify, a Seattle-based company offering home inspection solutions, announced its acquisition of Joule, a company that equips homeowners with energy efficiency insights from home inspection data. Having worked together for over three years thus far, the two companies have developed a solution that standardizes the inspection data Inspectify captures into a personalized roadmap for achieving energy efficiency.
RevenueCat Raises $50M Series C to Fuel Expansion

1 week ago | builtinsf.com | Ashley Bowden

RevenueCat, a company offering consumer app monetization solutions, pulled in $50 million in Series C funding to expand its infrastructure. The round was led by Bain Capital Ventures and brings the company’s total capital to $100 million. Headquartered in the Bay Area, RevenueCat helps businesses establish their monetization stack across iOS, Android and web platforms, providing tools for easily building, managing and growing their businesses.
AI Infrastructure Company Chalk Raises $50M Series A

1 week ago | builtinsf.com | Ashley Bowden

Chalk, a San Francisco company developing AI infrastructure solutions, announced a $50 million Series A funding round led by Felicis. The company works to enable real-time inference for sectors like fintech, healthcare and e-commerce to help them meet the demand for new data and complex computations needed for decision making.
Elon Musk’s Neuralink Secures $600M at $9B Valuation

1 week ago | builtinsf.com | Ashley Bowden

Neuralink, the biotechnology company founded by Elon Musk, recently raised $600 million in a new funding round, according to reporting by Semafor. The new capital values Neuralink at $9 billion as it works to refine its brain-computer interface devices. The immediate goal of Neuralink’s work is to increase autonomy for people with paralysis. Down the line, the company hopes to engineer technologies that will enhance human potential.
MarketAxess Appoints New Group Chief Operating Officer

1 week ago | builtinnyc.com | Ashley Bowden

MarketAxess, a New York-based company operating an electronic trading platform, recently announced an update to its leadership team. Dean Berry joined the company as group chief operating officer and chief executive officer of EMEA and APAC. Serving more than 2,100 firms, the company’s platform improves trading efficiency, offering a diverse pool of liquidity and providing increased cost savings.
Salesforce Enhances AI Platform With $8B Informatica Acquisition

1 week ago | builtinsf.com | Ashley Bowden

Customer relationship management platform Salesforce announced an upcoming addition to its AI-powered tech suite. The company signed a definitive agreement to add Redwood City-based Informatica to its ranks in a new acquisition. The deal, valued at $8 billion, will enhance Salesforce’s data foundation for deploying agentic AI. Informatica operates a data management cloud that incorporates tools for connecting, managing and unifying enterprise data across cloud or hybrid environments.