Kyle Wiggers / VentureBeat:ScienceLogic, a startup developing IT infrastructure monitoring software and AI for IT operations, raises $105M Series E led by Silver Lake Waterman — ScienceLogic, a startup developing an AIOps and IT infrastructure monitoring platform, today announced that it raised $105 million.
Ingrid Lunden / TechCrunch:Plume, which develops an AI-powered adaptive home Wi-Fi mesh network system, raises $270M Series E at a $1.35B valuation, bringing its total raised to $397M — The last year of life under a global health pandemic has seen a massive surge of people working from home — a shift that has thrown…
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Kyle Wiggers / VentureBeat:FundGuard, an AI-powered investment management SaaS startup, raises $12M Series A, bringing its total raised to $16M+ — FundGuard, an AI-powered software-as-a-service investment management platform, today announced that it closed a $12 million funding round.
Tim Copeland / Decrypt:Bitfinex and Tether agree to an $18.5M settlement with the New York AG and to stop operating in the state following a two-year probe — New York Attorney General Letitia James has required Bitfinex and Tether to stop trading in New York, according to a statement today.
Allison Johnson / The Verge:A look at the state of 5G in the US, which despite being fairly widespread is only offering 4G-like speeds; true high-speed 5G is still a work in progress — After an introduction from Consumer Technology Association president Gary Shapiro, Verizon CEO Hans Vestberg takes the stage.
Eugene Wei / Remains of the Day:TikTok’s networks effects, largely driven by remixability of content and features that interconnect, cannot be easily cloned by rivals to recreate the ecosystem — I promised one final piece on TikTok, focused primarily on the network effects of creativity. And this is that, in part.
Erin Griffith / New York Times:After Airbnb changed its policy to allow cancellation with full refunds, some aggrieved hosts are trying to cut it out of bookings or are planning legal action — Hurt by refunds, some are trying to cut the site out of bookings or taking legal action. The company says it is…
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Zachary Fryer-Biggs / Washington Post:As autonomous war tech advances, the US military must confront complex ethical issues, like how much control to give machines to kill on the battlefield — Maybe the autonomous weapons being developed by the Pentagon will be better than humans at making moral decisions. Or maybe they’ll be a nightmare come…
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Mickey Rapkin / Esquire:Profile of Mike Winkelmann, aka Beeple, who has made millions of dollars by selling and auctioning his digital art on marketplaces for non-fungible tokens — He’s a dad from Wisconsin who drives a “piece of shit” Corolla. And his brilliantly absurd artwork has made him the face of a crypto market you…
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Steve O’Hear / TechCrunch:Katana, which builds manufacturing-specific ERP software for SMBs, raises $11M Series A led by Atomico, bringing its total raised to $16M — Katana, an Estonian startup that has built manufacturing-specific enterprise resource planning (ERP) software for SMBs, has raised $11 million in Series A funding.