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Tech News - Techmeme

A collection of tech news feed from Techmeme.

Austria-based Mostly AI, which simulates synthetic data for AI training, data analytics, and software testing, raises a $25M Series B from Molten Ventures (Shubham Sharma/VentureBeat)

Shubham Sharma / VentureBeat: Austria-based Mostly AI, which simulates synthetic data for AI training, data analytics, and software testing, raises a $25M Series B from Molten Ventures  —  Austria-based Mostly AI, a startup that simulates synthetic data for AI model training and testing, today announced it has raised $25 million …

Analysis: Coinbase influences cryptocurrency returns, most coins underperform BTC and ETH over time, and VC-backed coins give the worst returns of all (Fais Khan/startups and econ)

Fais Khan / startups and econ: Analysis: Coinbase influences cryptocurrency returns, most coins underperform BTC and ETH over time, and VC-backed coins give the worst returns of all  —  Note: This is not investment advice and my investment disclosures are below.  —  Special thanks to my Ali Khan for running the scripts to grab and analyze pricing data.

WorkStep, which helps companies hire and retain frontline workers, raises a $25M Series B led by NewRoad Capital Partners, bringing its total funding to $42.2M (Paul Sawers/VentureBeat)

Paul Sawers / VentureBeat: WorkStep, which helps companies hire and retain frontline workers, raises a $25M Series B led by NewRoad Capital Partners, bringing its total funding to $42.2M  —  The so-called “great resignation” is seemingly continuing apace, with some 4.5 million U.S. workers quitting their jobs in November alone.

Virtana, which provides AI-driven monitoring software to help manage multiple cloud environments, raises $73M from Atalaya Capital Management and others (Kyle Wiggers/VentureBeat)

Kyle Wiggers / VentureBeat: Virtana, which provides AI-driven monitoring software to help manage multiple cloud environments, raises $73M from Atalaya Capital Management and others  —  Hybrid cloud, which refers to a mix of computing, storage, and services across on-premises, private cloud, and public cloud infrastructure …

Merit, which lets governments issue digital credentials that link back to a government license database, raises a $50M Series B led by Rose Park Advisors (Ron Miller/TechCrunch)

Ron Miller / TechCrunch: Merit, which lets governments issue digital credentials that link back to a government license database, raises a $50M Series B led by Rose Park Advisors  —  When we think about identity in the digital world, it usually involves a username and password, but Merit (originally called Sigma) …

Boosted.ai, which offers machine learning tools for investment portfolio managers, raises a $35M Series B led by Spark Capital and Ten Coves Capital (Derek Decloet/Bloomberg)

Derek Decloet / Bloomberg: Boosted.ai, which offers machine learning tools for investment portfolio managers, raises a $35M Series B led by Spark Capital and Ten Coves Capital  —  Boosted.ai, a provider of artificial intelligence software to investment management firms, is raising $35 million in a series B round led …
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