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SAN FRANCISCO, May 18, 2021 /PRNewswire/ Roofr, the all-in-one sales platform for roofing contractors, today announced the company successfully closed of a $4.25 million post-seed round, led by Bullpen Capital, with participation from Avidbank and Crosslink Capital. This investment will bring their total amount raised to $8.25 million since the company was admitted to Y Combinator in 2017. The round comes on the heels of a product evolution that is generating intense interest in the roofing industry.
Kevin Redman, CTO and Richard Nelson, CEO, Co-founders of Roofr.
The focus on a SaaS platform for roofers marks an exciting shift in company strategy, as it builds services for businesses, on top of being a marketplace for consumers to find roofing services. When founder Richard Nelson, a third-generation roofer, set out to create a marketplace, he quickly intuited that an essential piece of the puzzle was missing: simple and powerful SaaS sof
Microsoft Acquires Nuance, Arc XP Adds eCommerce Offering and More News
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In a strategic move that elevates its existing partnership with Nuance, Microsoft will acquire the cloud and AI software provider for $56 a share in a transaction that will complete by the end of this calendar year.
Nuance is a provider of conversational AI and cloud-based ambient clinical intelligence for healthcare providers. Nuanceâs products include the Dragon Ambient eXperience, Dragon Medical One and PowerScribe One for radiology reporting, all clinical speech recognition SaaS offerings built on Microsoft Azure. Nuance solutions are currently used by more than 55% of physicians and 75% of radiologists in the U.S., and used in 77% of U.S. hospitals. Nuanceâs Healthcare Cloud revenue experienced 37% year-over-year growth in Nuanceâs fiscal year 2020 (which ended September 2020).
Nanome raises $3 million to help scientists get up close with molecular structures in VR
Discovery and research of new molecular compounds is an expensive business, with development costs exceeding $10 billion per substance in some cases. Part of that comes from the need to closely examine every relevant molecule, studying its chemical composition and interactions as well as its physical structure at the atomic level. Despite advances in software to help model these compounds and molecules, there are still challenges in fully understanding their shapes through a two-dimensional computer screen.
San Diego-based startup Nanome uses virtual reality to solve that problem. The idea for Nanome came out of CEO and founder Steve McCloskey’s time in the nanoengineering program at UC San Diego, where he saw a need for a better understanding of three-dimensional molecular structures.