GrubMarket Acquires London Fruit to Expand Footprint in the US

GrubMarket, a leading technology-driven food distribution company, has successfully completed the acquisition of London Fruit, a well-established family-owned wholesale distribution business based in South Texas. London Fruit, operating since 1981, is a market leader in avocados, limes, mangos, and other premium tropical fruits sourced from its extensive network of producers across Mexico, Peru, and other … Read more

Netsurit Acquires Vital I/O

Netsurit, a prominent managed service provider (MSP), has recently completed the acquisition of Vital I/O, Inc., a leading MSP company offering flexible and scalable IT managed and cloud services. Vital I/O is based in Maine and brings with it a team of experienced leaders who share the same cultural values, possess more than two decades … Read more

HackerOne layoffs 2023, cutting 12% workforce

HackerOne, a well-known bug bounty and penetration testing platform, is facing the impact of the ongoing global economic slowdown, leading to the decision to lay off up to 12% of its workforce. The San Francisco-based startup, with over 450 employees worldwide, confirmed the news on Wednesday. The layoffs will affect staff in several countries, including … Read more

Endor Labs Raises $70M to Reform Application Security and Eliminate Developer Productivity Tax

Endor Labs, the creator of the Code and Pipeline Governance Platform, has successfully raised $70 million in an oversubscribed Series A financing round led by Lightspeed Venture Partners (LSVP) and joined by Coatue, Dell Technologies Capital, Section 32, and over 30 industry-leading CEOs, CISOs, and CTOs. The funding, which includes $22 million converted to equity … Read more

Cyber Security Startup Hushmesh Raises $5.2M Funding

Hushmesh, a cyber security start-up, has successfully raised $5.2 million in an early stage financing round led by Paladin Capital Group, a cyber and advanced technologies investor, with participation from Akamai Technologies. The funding will be used to develop the Mesh, a global information space with automated security, aiming to make online operations safe https://www.hushmesh.com/from … Read more

Niricson Raises Over $10M CAD in Series A

Niricson, a revolutionary Canadian tech company, has successfully raised over $10 million CAD (USD$7.5m) in a Series A funding round. The funding round was led by MUUS Climate partners, and other investors included Bentley Systems, Sustainable Development Technology Canada, Export Development Canada, Invest Victoria (Australia), Forward Venture Capital, Techstars, and more. With this new capital … Read more

Tenstorrent Raises $100M Funding

Tenstorrent Raises 0M Funding

Tenstorrent, a company that sells AI processors and licenses AI and RISC-V intellectual property, has successfully raised $100 million in a strategic fundraising round. The funding was led by Hyundai Motor Group and Samsung Catalyst Fund, with participation from Fidelity Ventures, Eclipse Ventures, Epiq Capital, Maverick Capital, and other investors. The investment from Hyundai Motor … Read more