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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. Businesses need machine learning here.

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American Airlines takes flight with analytics transformation

CIO

American Airlines, the world’s largest airline, is turning to data and analytics to minimize disruptions and streamline operations with the aim of giving travelers a smoother experience. We are focused on automation in every function of the company,” Mohan says. Touchless, seamless, stressless. This was a huge change for our teams.

Airlines 338
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How digital turned Nationale-Nederlanden into an omnichannel company

CIO

Dutch insurance and asset management company Nationale-Nederlanden, part of the NN Group, has a presence in 19 countries and serves several million retail and corporate customers. For instance, the company completed its conversion to a 100% Agile company in 2019, an achievement that reinforced its commitment to clients.

Company 279
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Coho AI, which uses AI to help B2B SaaS companies boost revenue, raises $8.5M

TechCrunch

In a 2019 survey , NewVantage partners found that the percentage of firms identifying themselves as being data-driven declined in each of the past three years, with over half admitting that they’re not competing on data and analytics. . Coho AI, which uses AI to help B2B SaaS companies boost revenue, raises $8.5M

B2B 245
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Jarvis ML snags $16M to help companies personalize their products

TechCrunch

Accustomed to Netflix- and Amazon-like tailored product recommendations, customers began to demand the same from companies of all sizes. Some research — particularly from customer analytics vendors, unsurprisingly — suggests that personalization is a worthwhile investment. That’s why Yadav founded Jarvis ML in 2021.

Company 241
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Singapore-based retail analytics company Trax raises $640M Series E led by SoftBank Vision Fund 2 and BlackRock

TechCrunch

Retail analytics unicorn Trax expects that this openness to tech innovation will continue even after the pandemic. Trax did not disclose a new valuation, but reportedly hit unicorn status in 2019. The company says it serves customers in more than 90 countries. COVID-19 forced many retailers and brands to adopt new technologies.

Retail 186
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Gantry launches out of stealth to help data scientists keep AI models fresh

TechCrunch

Josh Tobin, a former research scientist at OpenAI, observed the trend firsthand while teaching a deep learning course at UC Berkeley in 2019 with Vicki Cheung. He and Cheung saw the history of AI reaching an inflection point: Over the previous 10 years, companies invested in AI to keep up with tech trends or help with analytics.