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Cybersecurity Firm Cybereason Snags Another $200M From SoftBank

PYMNTS

This latest round of funding brings Cybereason’s total amount raised to approximately $400 million, with previous investors including CRV, Spark Capital and Lockheed Martin, according to a press release. The new funding will be used to boost the company’s operations, with a focus on global growth.

Boston 115
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Why We Invested: VCs Sound Off On 7 Recent Early-Stage Startup Investments

CB Insights

Data Collective. Select Investors: Data Collective, Intel Capital, Microsoft Ventures, Tencent Holdings. Data Collective (aka ‘DCVC’) led a massive $102M Series A round into Element AI – a Montreal-based company that creates research-driven AI solutions for businesses – in Q2’17. Bilal Zuberi, Lux Capital.

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B2B Investors Set Sights On Data, AI, Analytics

PYMNTS

Venture capitalists and equity investors targeted companies that apply big data technologies, including artificial intelligence, to an array of use cases, including fleet and manufacturing — leading to more than $322 million raised for B2B startups this week. Cross River Bank. Wise Systems. Similar to Looker and LeanIX, Forge.AI

Analytics 176
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Reopening: The Tech-Enabled Office In A Post-Covid World

CB Insights

Individuals using Alipay’s Health Code fill out a form in the app and the software uses big data to generate a QR code depending on a user’s contagion risk. Managing the flow, operation, and sanitization of elevators will be a key component in instilling confidence in returning employees. Source: Miro.

Meeting 101
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Fintech Fundings: 38 Companies Raise $220 Million the Second Week of June

Fintech Labs Insights

CrowdFlower tapped Microsoft to lead a $10 million round to further its big data analytics. Bank operating system. Data analytics platform. HQ: Boston, Massachusetts. Risk management for capital markets. Bento for Business landed $7 million for its digital business banking platform. Latest round: $17.7

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From AT&T To Xerox: 65 Corporate Innovation Labs

CB Insights

From their humble, skunkworks-style origins in Palo Alto to their current offices in Sunnyvale, Cupertino, Seattle, and Boston, they’ve scaled up to attack new projects but keep the same focus on experimentation and innovation that helped them build the first Kindle. Capital One. Innovation Lab Name: Capital One Labs.