News & Insights
DeepSurface Security Secures $4.5 Million to Ignite Business Expansion
DeepSurface, the award-winning, automated risk analysis and prioritization company, announced that it raised $4.5 million in a seed funding round. The funding round was led by Differential Ventures, an artificial intelligence and cyber security seed venture fund. Key investors include Osage Venture Partners, Ginossar Ventures and Peninsula Ventures.
Differential Ventures Launches $60 Million Fund to Change the Way Businesses Manage Data
NEW YORK, Nov. 30, 2021 /PRNewswire/ -- Differential Ventures, a seed-stage venture capital fund founded by data scientists and entrepreneurs for data-focused entrepreneurs, is pleased to announce continued momentum after launching Fund II with a target of $60 million to invest in seed-stage data science …
Synopsys Acquires AI-Powered, Real-Time Performance Optimization Leader Concertio
To enrich its silicon lifecycle management solution with real-time, in-field optimization technologies, Synopsys, Inc. (NASDAQ: SNPS) today announced that it has acquired Concertio Inc., the leading provider of AI-powered performance optimization software. The acquisition is another step in the continued enhancement of the Synopsys SiliconMAX™ Silicon Lifecycle Management (SLM) Platform.
Facebook’s Fierce Opponent is Raising $60M to Fund New Kinds of Artificial Intelligence
TIMES OF ENTREPRENEURSHIP: David Magerman first emerged on the scene, briefly, in 2017. He’d been working at a giant hedge fund, Renaissance Technologies, for more than 20 years, helping it develop trading algorithms that drove it to phenomenal success. Renaissance was said to have “solved the market.”
Ocrolus lands $80M at a $500M+ valuation to automate document processing for fintechs and banks
Ocrolus, a New York startup that taps AI and machine learning to parse financial documents, today announced it has raised $24 million in a series B round led by venture growth equity firm Oak HC/FT.
Private AI Secures $3.15M Seed Financing Led by M12 and Forum Ventures
Private AI, a Toronto based developer of privacy-preserving machine learning and natural language processing tools, has secured $3.15 million in seed funding led by Microsoft’s venture fund M12 and Forum Ventures with participation of pre-seed investor Differential Ventures, new investors Shasta Ventures, Hyperplane Venture Capital, and Parliament Angels, a group of early Twilio employees.
Cyolo raises $21M for zero trust networking tech
Cyolo, a startup developing a platform that enables users to securely access their organization’s apps, servers, desktops, and files, today announced that it raised $21 million in series A funding led by Glilot Capital Partners, with a strategic investment from National Grid Partners and Merlin Cyber and support from existing backers Flint Capital, Global Founders Capital, and Differential Ventures. Cyolo says the funds will be used to accelerate growth and R&D efforts, as well as help new customers navigate the transition to zero trust networking.
Agnostiq Secures $2.5 Million CAD to Accelerate Development of Quantum Computing Software
Toronto-based software startup Agnostiq has raised a $2.4 million CAD ($2 million USD) seed round to bolster its quantum computing platform. The round, which closed in December, was led by New York’s Differential Ventures, and saw participation from Scout Ventures, Tensility Venture Partners, Boost VC, and Green Egg Ventures.
Deeplite raises $6M seed to deploy ML on edge with fewer compute resources
One of the issues with deploying a machine learning application is that it tends to be expensive and highly compute intensive. Deeplite, a startup based in Montreal, wants to change that by providing a way to reduce the overall size of the model, allowing it to run on hardware with far fewer resources.
Yotam Oren, CEO at Mona Labs, on the Future of AI Production
Atlanta Founder Yotam Oren Builds AI Monitoring for High Stakes Data Science Teams at Mona Labs
32 Women Innovators Spearheading Tech in Canada
Rebecca McDougal, VP Client Success at Synapse, has been passionate about customer service and support since the day she entered the workforce. Today, she uses that enthusiasm to help Synapse clients automate and streamline their instructional design process ensuring they have the support they need to implement and leverage their solution!
Databand Raises $14.5M Led by Accel for its Data Pipeline Observability Tools
DevOps continues to get a lot of attention as a wave of companies develop more sophisticated tools to help developers manage increasingly complex architectures and workloads. In the latest development, Databand — an AI-based observability platform for data pipelines, specifically to detect when something is going wrong with a datasource when an engineer is using a disparate set of data management tools — has closed a round of $14.5 million.
Konnecto Lands $3.5M Seed To Provide Consumer Insights
Consumer intelligence startup Konnecto is putting $3.5 million of seed funding to work to provide brands with data and insights on their customers.
Knockri Raises $3m to Reduce Hiring Bias, Improve Diversity and Help Hire Exceptional Talent
Knockri, a leading developer of artificial intelligence video-based soft-skill assessment and talent mobility solutions, today announced it has closed an oversubscribed seed round of $3 Million led by Differential Ventures with participation from Grand Ventures, MaRS IAF, BDMI – Bertelsmann Digital Media Investments, Amplify Capital and others to transform talent acquisition and increase diverse hiring.
Announcing First Batch of COVID-19 Grant Awards!
On March 29th, our team announced a $500,000 pool of funds to be awarded in $10,000 - $25,000 grants to startups that are using data science, machine learning, and artificial intelligence to find solutions for the myriad challenges created by COVID-19. Today we are thrilled to announce the second batch of awards to seven companies that have taken a leadership role in this fight.
Techstars & Differential Ventures: Unite to Fight Covid-19
Just about a week ago we announced that over 50 countries are coming together to support inventors, innovators, developers and anyone with a passion to tackle COVID-19 in their country. Today, we are proud to announce that our commitment to those innovators will live beyond Startup Weekend. The top teams will go on to receive training and financial support.
Cyolo Raises $4.2 million to Provide Boundless Secure Business Connectivity
Cyolo Raises $4.2 Million to provide boundless secure business connectivity. Cyolo securely connects onsite and remote users, to the organization's applications, servers, desktops and files, in any network or in the cloud
Concertio Raises $4.2 million to Scale AI-powered System Optimizer
Concertio, the leading provider of AI-powered performance optimization software, today announced the closing of its $4.2M Seed Round, led by Differential Ventures. The funds will be used to scale operations of its AIOps Optimizer platform and to further the company’s technology lead in dynamic, continuous, and static optimization.
COVID-19 Grant Program
Some of the most impactful relationships are formed between entrepreneurs who can help one another avoid missteps and identify blindspots without the pressures associated with investor relationship or personal ties. For this reason, we have partnered with fellow VCs to launch the private network of startup founders called 'Off the Record’.
Off The Record - Going Public
Some of the most impactful relationships are formed between entrepreneurs who can help one another avoid missteps and identify blindspots without the pressures associated with investor relationship or personal ties. For this reason, we have partnered with fellow VCs to launch the private network of startup founders called 'Off the Record’.