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Traceable AI nabs $60M to secure app APIs using machine learning

TechCrunch

The new capital values the company at more than $450 million post-money, and CEO Jyoti Bansal — who’s also the cofounder of BIG Labs and Unusual Ventures — says that it’ll be put toward product development, recruitment, and customer acquisition. billion) and Harness (which recently raised a $230 million Series D). .”

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Kudos, with its cotton-based, eco-friendly diaper, soaks up $2.4 million in seed funding

TechCrunch

Cofounder and CEO Amrita Saigal says that Kudos is the first and only disposable baby diaper to earn the cotton natural seal from Cotton Inc. Saigal actually left a career at P&G, which is where she met Kudos’ diaper engineering advisor Jim Keighley (her former boss at P&G). million seed round of financing today.

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Latent AI, which says it can compress common AI models by 10x, lands some key backing

TechCrunch

Steve Jurvetson, the veteran investor and cofounder of Future Ventures, says to “think of face-detection algorithms running locally within security cameras or appliances, or Siri-like voice interfaces working instantly, even when there’s no network connectivity.”

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nextmv raises $8M Series A to increase accessibility to its automation optimization tech

TechCrunch

Other investors include Github CTO Jason Warner, Seamless founder Jason Finger, Stripe COO Claire Johnson, Ankit Agarwal from Greenhawk Capital, as well as other institutional investors such as 2048 , Dynamo , and Atypical. FirstMark , an existing investor, doubled down on nextmv and led the Series A. nextmv picks up $2.7M

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3 Conferences Organized by DevNetwork in August

Apiumhub

Jameson – Engineer manager at Monte Carlo Data Jiri Kobelka – CEO and founder at Tatum …and many more Developer Week Cloud X will have different stages that include live keynote talks, technical workshops, multi-speaker talks, panel talks, and interactive audience Q&A. Interested in attending?

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Endex by Praxent

Praxent

A fintech startup sees an immediate return on investment in a clickable prototype that enables cofounders to visualize a more user-focused design for their application, raise funding, and move seamlessly into development—much faster than anticipated. Not being technical co-founders, they couldn’t develop the app themselves.

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Data observability startup Observe secures $70M

TechCrunch

“Users experience problems with mobile or online apps every day: performance slowdowns, errors and even outages,” Burton told TechCrunch in an email interview. “Engineering teams can spend up to half their time on ‘unplanned work’ investigating and fixing these problems.

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