Alcion Raises $21 Million in Series A Funding to Expand its Backup-as-a-Service Platform

Alcion Raises  Million in Series A Funding to Expand its Backup-as-a-Service Platform

Alcion, a data management startup, has raised $21 million in a Series A funding round led by Veeam, a data protection and ransomware recovery company. This brings Alcion’s total funding to $29 million. Alcion offers a security-first, AI-driven Backup-as-a-Service (BaaS) platform for Microsoft 365 and other business-critical SaaS services. The platform includes multi-layered security features … Read more

Take Command Secures $25 Million in Growth Investment for Health Benefits Platform

Take Command Secures  Million in Growth Investment for Health Benefits Platform

Take Command, a Dallas-based SaaS platform specializing in employer-sponsored personalized health benefits, has secured $25 million in growth stage financing. Edison Partners led the funding round, with participation from existing investors LiveOak Venture Partners and SJF Ventures. Take Command is a pioneer in the growing field of individual coverage health reimbursement arrangements (ICHRAs). Their platform … Read more

Broken String Biosciences Secures $15 Million in Series A Funding for DNA Break Mapping Platform

Broken String Biosciences Secures  Million in Series A Funding for DNA Break Mapping Platform

Broken String Biosciences, a genomics firm focusing on creating a technology platform for safer cell and gene therapies, has successfully closed a $15 million Series A funding round. The investment was co-led by Illumina Ventures and Mérieux Equity Partners, with additional contributions from HERAN Partners, Tencent, and Dieter von Holtzbrinck Ventures (DvH Ventures). The funding … Read more

Feinstein Institutes Receive $3.1 Million NIH Grant to Develop AI-Based Hospital Risk and Prevention Tools

Feinstein Institutes Receive .1 Million NIH Grant to Develop AI-Based Hospital Risk and Prevention Tools

Researchers at The Feinstein Institutes for Medical Research have been granted $3.1 million by the National Institutes of Health (NIH) to conduct a study that aims to utilize artificial intelligence (AI) and machine learning (ML) to monitor hospitalized adult patients and prevent medical deterioration. Led by Theodoros Zanos, PhD, the study’s goal is to create … Read more

Nortal Expands Global Footprint with Acquisition of Questers

Multinational strategic change and technology company, Nortal, has acquired Questers, an award-winning distributed software company. Questers, as a subsidiary of UK-based TPXimpact Holdings PLC, will merge with Nortal’s daughter company, pwrteams, to strengthen its presence in North America and the UK. This move aims to bolster Nortal’s existing business of creating cross-border IT and engineering … Read more