Month: August 2024

Cribl
United States

Cribl Closes $319 Million Series E at $3.5 Billion Valuation to Revolutionize the Enterprise Data Market

Rapid customer adoption of vendor-agnostic data management drives oversubscribed Series E round led by GV (Google Ventures), including General Partner and former GitLab CRO Michael McBride who joins Cribl’s Board of Directors SAN FRANCISCO, CA — August 27, 2024 — Cribl, the Data Engine for IT and Security, today announced it has closed a $319 million oversubscribed Series E round, comprised of a combined primary and secondary … Continue reading Cribl Closes $319 Million Series E at $3.5 Billion Valuation to Revolutionize the Enterprise Data Market

Impact Newswire
Nexval
United States

AI Meets Mortgage: Nexval.ai Unveils Zine Dot AI, the Bi-Weekly AI Brief

MIAMI – Nexval.ai, the leading AI expert in streamlining mortgage processes, unveils Zine Dot AI, a bi-weekly publication designed to empower mortgage professionals with actionable AI knowledge. Zine Dot AI cuts through the noise, delving deep into the disruptive power of AI for the mortgage industry. “As the industry continues to evolve, we believe it’s imperative to provide our peers with the knowledge and tools they need … Continue reading AI Meets Mortgage: Nexval.ai Unveils Zine Dot AI, the Bi-Weekly AI Brief

Impact Newswire
Cerebras
United States

Cerebras Launches the World’s Fastest AI Inference

20X performance and 1/5th the price of GPUs- available today Developers can now leverage the power of wafer-scale compute for AI inference via a simple API SUNNYVALE, Calif. – Today, Cerebras Systems, the pioneer in high performance AI compute, announced Cerebras Inference, the fastest AI inference solution in the world. Delivering 1,800 tokens per second for Llama 3.1 8B and 450 tokens per second for Llama 3.1 … Continue reading Cerebras Launches the World’s Fastest AI Inference

Impact Newswire
ZwitterCo
United States

ZwitterCo appoints water industry veteran Myron Van Ert as its first Chief Commercial Officer

Former Veolia senior executive joins ZwitterCo to drive global expansion and accelerate adoption of breakthrough membrane technology WOBURN, Mass. – ZwitterCo, a leader in advanced membrane technologies for water treatment, today announced that Myron Van Ert has joined the company as its first Chief Commercial Officer. Van Ert brings nearly three decades of experience in the water industry, most recently serving as Senior Vice President … Continue reading ZwitterCo appoints water industry veteran Myron Van Ert as its first Chief Commercial Officer

Impact Newswire
euNetworks
Untied Kingdom

euNetworks Closes on €2.1 Billion Equity Recapitalisation

LONDON & NEW YORK – euNetworks Group Holdings Limited (“euNetworks”), a Western European bandwidth infrastructure company, today announced that it has closed on a €2.1 billion equity recapitalisation. Leading investors in the recap included a Stonepeak managed vehicle anchored by Mercer and Aware Super, and direct investments from the Investment Management Corporation of Ontario (“IMCO”) and APG Asset Management (“APG”).The equity commitments follow the company’s … Continue reading euNetworks Closes on €2.1 Billion Equity Recapitalisation

Impact Newswire