“Above the Trend Line” – Your Industry Rumor Central for 4/26/2023
Above the Trend Line is a recurring feature of insideBIGDATA that presents short time-critical news items categorized by M&A activity, funding news, people movements, industry partnerships, customer wins, rumors, and general buzz in the fields of big data, data science, and machine learning. The feature aims to provide a comprehensive source of late-breaking news for keeping up with the fast-paced ecosystem of the industry. The editorial team works closely with its extensive vendor network to gather and deliver the latest happenings. Readers are encouraged to contribute their own news tips by email. This week’s funding news includes CoreWeave securing $221 million in Series B funding, Fluree closing a $10 million Series A funding round, SoundHound AI securing a new $125 million loan facility, Cybersyn raising $62.9 million in Series A funding, CerebrumX Lab announcing a strategic investment from BlackBerry, Agnostiq securing $6.1 million in seed extension funding, Quantexa completing a $129 million Series E funding round, Honeycomb raising $50 million in Series D funding, and Alteryx announcing a strategic investment in Fiddler. Elsewhere, BMC has acquired Model9 Software in M&A activity, while partnership news this week includes collaborations between Wallaroo.AI and VMware, Rainbird Technologies and Relanto, Zendesk and OpenAl, Dataiku and Genpact, data.world and ThoughtSpot, TDengine and Casne Engineering, and VAST Data and Hewlett Packard Enterprise.
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