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Why IBM's AI, Hybrid Cloud Strategy Is About Survival

IBM is pushing forward with its hybrid cloud and AI strategy. While it's a good idea, it is also a matter of survival for the tech giant. ....

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Bizongo secures USD 51 million in Series C funding

Bizongo secures USD 51 million in Series C funding
The company aims to extend its modular digital service offerings to more product lines such as apparels and textiles in the made-to-order segment
(l-r) Sachin, Aniket and Ankit of Bizongo
Mumbai-based B2B marketplace for packaging, Bizongo has announced the completion of its Series C funding round with a total of USD 51 million. The latest tranche was led by CDC, a development finance institute owned by the UK government, and AddVentures- SCG’s corporate arm that engages with tech start-ups worldwide.
The first tranche of the round had seen participation from Schroder Adveq and Bruno Raschle. Schroder Adveq is a leading private equity asset manager with over USD 10 billion under AUM. The round also saw participation from existing investors such as Accel, Chiratae and IFC. On the debt front, investments came from Strides, Trifecta Capital, ....

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Bizongo secures USD 51 million in Series C funding

Bizongo secures USD 51 million in Series C funding
The company aims to extend its modular digital service offerings to more product lines such as apparels and textiles in the made-to-order segment
(l-r) Sachin, Aniket and Ankit of Bizongo
Mumbai-based B2B marketplace for packaging, Bizongo has announced the completion of its Series C funding round with a total of USD 51 million. The latest tranche was led by CDC, a development finance institute owned by the UK government, and AddVentures- SCG’s corporate arm that engages with tech start-ups worldwide.
The first tranche of the round had seen participation from Schroder Adveq and Bruno Raschle. Schroder Adveq is a leading private equity asset manager with over USD 10 billion under AUM. The round also saw participation from existing investors such as Accel, Chiratae and IFC. On the debt front, investments came from Strides, Trifecta Capital, ....

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12 Expert Tips To Help Small Businesses Affordably Leverage AI/ML

12 Expert Tips To Help Small Businesses Affordably Leverage AI/ML
forbes.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from forbes.com Daily Mail and Mail on Sunday newspapers.

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B Capital raises $415m to back later-stage portfolio firms, expands to China

B Capital raises $415m to back later-stage portfolio firms, expands to China
April 1, 2021
Venture capital firm B Capital Group has raised $415 million for a new fund that will provide follow-on capital to high-performing portfolio companies, it announced on Thursday.
The fund is the firm’s first formally dedicated to late-growth and late-stage investing. It brings the VC’s total assets under management (AUM) to $1.9 billion.
DealStreetAsia had in September reported that B Capital was in the market to raise an opportunities fund – industry parlance for funds that seek to provide additional capital to top companies in VCs’ existing portfolios – and was seeking to raise $350 million for it. ....

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