Online learning marketplace Udemy raises $50M at a $2B valuation from Japanese publisher Benesse
The internet has, for better or worse, become the default platform for people seeking information, and today one of the companies leveraging that to deliver educational content has raised some funding to fuel its next stage of growth. Udemy, which provides a marketplace offering some 150,000 different online learning courses from business analytics through to ukulele lessons, has picked up $50 million from a single investor, Benesse Holdings, the Japan-based educational publisher that has been Udemy’s partner in the country.Data Outsourcing Strategies Can Skyrocket Your Website Brand
Big data is invaluable for leveraging your brand assets. Your website is a prime example. It is 2020 and the benefits of big data are clearer than ever. With a few technical skills and a detailed understand of big data, it is very easy to start your own business from home. For example, it has become very easy to build a large online store with platforms such as WooCommerce and use drop-shipping to sell products without having to stock anything at all.Aisera, an AI tool to help with customer service and internal operations, exits stealth with $50M
Robotic process automation — the ability to automate certain repetitive software-based tasks to free up people to focus on work that computers cannot do — has become a major growth area in the world of IT. Today, a startup called Aisera is coming out of stealth that has taken this idea and supercharged it, by using artificial intelligence to help not just workers with internal tasks, but in customer-facing environments, too.Egnyte unifies its security and productivity tooling into single platform
Egnyte announced today it was combining its two main products — Egnyte Protect and Egnyte Connect — into a single platform to help customers manage, govern and secure the data from a single set of tools. Egynte co-founder and CEO Vineet Jain says that this new single platform approach is being driven chiefly by the sheer volume of data they are seeing from customers, especially as they shift from on-prem to the cloud.The Future of Fintech: AI & Blockchain
Sweeping global regulations, the growing penetration of digital devices, and a slew of investor interest are catapulting the fintech industry to new highs. Of the many emerging technologies poised to transform financial services, two of the most promising and mature are artificial intelligence (AI) and blockchain. 74% of banking executives believe AI will transform their industry completely, and 46% of global financial services employees expect blockchain to improve transparency and data management.See the rest of the story at Business InsiderSee Also:Overview of the fintech industry in 2020: Latest trends, market research and analysis from our ecosystem reportWhatsApp Pay is set to roll out to 10 million users in IndiaStarling plans to use a fresh $77.6 million in funding for its delayed European launchA decade of analytics vendor mergers and acquisitions
With Google closing its acquisition of Looker, BI M&A is on everyone's mind. But there's been a quieter, recent spate of data management acquisitions, too. And looking back over the last decade reveals an enormous number of deals. Can we discern M&A trends among the various analytics technology categories?Big Data Leads To Massive Time Saving Digital Resources
Big data is changing the way we live in countless ways. We usually talk about the massive technological advances that AI and other big data technologies have brought to large companies. However, developments in data technology have also led to some important improvements for everyday consumers. One of the biggest benefits of big data is that it saves time. You can find a number of big data platforms that were built to help consumers run their lives more efficiently.Google closes $2.6B Looker acquisition
When Google announced that it was acquiring data analytics startup Looker for $2.6 billion last June, it was a big deal on a couple of levels. It was a lot of money and it represented the first large deal under the leadership of Thomas Kurian. Today, the company announced that deal has officially closed and Looker is part of the Google Cloud Platform.Datometry snares $17M Series B to help move data and applications to the cloud
Moving data to the cloud from an on-prem data warehouse like Teradata is a hard problem to solve, especially if you’ve built custom applications that are based on the data. Datometry, a San Francisco startup, has developed a solution to solve that issue, and today it announced a $17 million Series B investment. WRVI Capital led the round with participation from existing investors including Amarjit Gill, Dell Technologies Capital, Redline Capital and Acorn Pacific.Model9 gets $9M Series A to move data between mainframes and cloud
Model9, an Israeli startup launched by mainframe vets, has come up with a way to transfer data between mainframe computers and the cloud, and today the company announced a $9 million Series A. Intel Capital led the round with help from existing investors including StageOne, North First Ventures and Glenrock Israel. The company reports it has now raised almost $13 million. You may not realize it, but the largest companies in the world like big banks, insurance companies, airlines and retailers still use mainframes.FOLLOW US:
