The excitement around speech recognition is real: it has the potential to power the next wave of modern applications and give businesses and vendors a competitive advantage. But, with excitement comes misaligned expectations. Speech recognition is a messy, tough and persistent problem for enterprises, one that has languished under existing technology providers for decades. At Deepgram we have been working to change that by rebuilding speech recognition from the ground up. Today, we celebrate a key milestone on our path with a $12 million Series A round led by Wing VC, with participation from NVIDIA, Y Combinator, Compound and SAP.iO.
ClearMetal, a leader in Continuous Delivery Experience (CDX) for Supply Chain and Logistics solutions, announced today the launch of its transformational CDX Platform 2.0. This next-generation Software-as-a-Service (SaaS) platform transforms supply chain delivery and experience using patent-pending data science and machine learning. This launch adds a number of new collaboration and planning capabilities across multiple transportation modes beyond ‘ocean freight’– all which drive ROI and Amazon-like customer-centricity for the world’s largest supplier, manufacturer and retailer supply chains.
On Thursday, February 27, Joanna Maryewska, Principal at SAP.iO Fund hosted an event with Stanford Women’s Network of New York launching an initiative “Investing x Women” at SAP.iO Foundry New York.
After an introduction to SAP.iO Foundries’ mission, the event kicked off with a discussion on diversity on startup boards and why it increasingly matters to founders. Joanna was joined by Alexa von Tobel (Founder and Managing Partner at Inspired Capital), Rebecca Kaden (Managing Partner at Union Square Ventures), Jemma Wolfe (Head of Launch with GS). As only ~2% of VC funding went to female-only founding teams and ~10% to mixed gender teams, the discussion involved discussing ways to approach challenges and common biases – at the industry, organizational and individual level. As research points out – the best way to drive change is by addressing the structural and process-based factors. Therefore the discussion focused on actions to increase the number of women in VC with the goal of bringing more role models, and harnessing the power of professional networks.
Investor panel was followed by a conversation led by Alison Wyatt (Co-Founder and CEO of Female Founder Collective – network built by Ali and Rebecca Minkoff). Three members of FFC joined the discussion on Women collaboration networks: True value beyond the buzz. The guests (Gina Hadley – The Second Shift, Jennifer Justice – The Justice Department, Tina Wells – Buzz Marketing Group) shared their advice on how to make the most out of the professional networks, and how FFC has been supporting them in their entrepreneurial endeavors.
We also received flowers from Repeat Roses – a zero-waste company disrupting single-use-straight-to-landfill floral business. Its signature service transforms event flowers into bouquets that brighten hospitals, nursing homes, and shelters—then composts the blooms to keep waste out of landfills and ensure a closed loop solution. To date, they have donated over 53,000 arrangements on behalf of their corporate and wedding clients, and have diverted over 198,000 pounds of waste from winding up in North America’s landfills – and their customers receive data on environmental impact as well.
The event concluded with Joanna and other board members of Stanford Women’s Network inviting the attendees to continue being involved throughout the next events and small group dinners planned as part of the Investing x Women initiative.
AP.iO Fund, has invested in Hasura, a San Francisco and Bangalore-based company that provides data access and data flow tools and services via GraphQL APIs.
SAP will work with Hasura to enable support for SAP HANA as well as offer native GraphQL capabilities to the SAP Cloud Platform Integration Suite. The Series A round was led by Vertex Ventures and includes existing investors Nexus Venture Partners and Strive VC, among others.
Hasura’s event engine makes it easy to integrate cloud-native/serverless business logic to the GraphQL API. Hasura automatically generates real-time GraphQL APIs using declarative metadata configuration and authorization policies for consumers. Organizations can use GraphQL in production and mission-critical applications alongside existing and modern cloud-native infrastructures without the significant cost of building and maintaining a GraphQL server.
“SAP has a strong community of partners and customers building applications on SAP Cloud Platform,” said Ram Jambunathan, senior vice president at SAP and managing director of SAP.iO. “Together with Hasura, SAP can extend and support data access for GraphQL, helping our customers expand their SAP solution capabilities as part of their intelligent enterprise transformation.”
Hasura has raised $9.9 million in a Series A round of funding. According to the company, the money will go to accelerating product and data delivery using GraphQL. Hsaura provides solutions that automatically creates real-time GraphQL APIs, giving users instant access to data.
The round of funding was led by Vertex Ventures US with participation from SAP.iO Fund, Nexus Venture Partners and Strive VC.
Hasura, a startup working to solve developer problems around connecting to databases when using the open-source GraphQL tool, announced a $9.9 million Series A investment today.
Vertex Ventures US led the round, with participation from SAP.iO Fund and existing investors Nexus Venture Partners and Strive VC. A number of angel investors also participated in the round. The company has raised a total of approximately $11.5 million.
GraphQL is an open-source tool originally developed at Facebook in 2012 and open-sourced a few years later. Hasura CEO and co-founder Tanmai Gopal says the company had been working on helping developers to simplify Kubernetes, but over time, it realized that data access was a bigger problem, so it developed an open-source tool that works with GraphQL to help solve that issue.
Hasura, the San Francisco and Bangalore-based company providing data access and data flow tools and services via GraphQL APIs announced today that it has raised $9.9 million in Series A funding led by Vertex Ventures US. The round also saw participation from SAP.iO Fund, the early-stage venture arm of SAP, existing investors Nexus Venture Partners and Strive VC. Several angels also participated, including James Tamplin (founder of Firebase), Sam Lambert (VP of Infrastructure Engineering at GitHub), Amod Malvia (co-founder of Udaan, ex CTO Flipkart), and Michael Stoppelman (ex-SVP of Engineering at Yelp).
Shippeo announced the closing of a €20 million Series B round co-lead by NGP Capital and ETF Partners with participation from Bpifrance Digital Ventures and Partech.
Shippeo provides predictive and real-time visibility into goods delivery. The AI-based platform aggregates data from hundreds of sources in real-time to calculate estimated time of arrival with 98% accuracy. Since its creation in 2014, Shippeo has successfully scaled its operations and is now servicing more than 50 large customers across 40 countries. The team has grown tenfold and Shippeo now employs 80 people in seven different offices across Europe.
Over the last year, Shippeo has increased its turnover by 300%, positioning itself as one of the fastest-growing start-ups in Europe.
ClearMetal, a leader in Continuous Delivery Experience (CDX) for Supply Chain and Logistics solutions, announced recently that it raised $15 million in funding led by Eclipse Ventures. Including this round of funding, ClearMetal has raised more than $31 million. Prelude Ventures, Innovation Endeavors, NEA, SAP.io, Prologis, PSA Unboxed, DCLI, and the founders of GT Nexus, Navis, and Uber Freight also joined the round.
ClearMetal Inc., a logistics and supply chain data analytics startup, raised $15 million in funding, as companies attempt to cut shipping costs, speed up deliveries, and more accurately forecast arrivals to meet higher consumer expectations.
ClearMetal, a leader in Continuos Delivery Experience (CDX) for Supply Chain and Logistics solutions, announced today it has received an additional $15 million in funding in a round led by Palo Alto-based Eclipse Ventures, making the total capital invested in the company to date more than $31 million. The funding enables the further development of ClearMetal’s CDX Platform, which continually learns, adjusts and gets smarter to drive constant improvement in delivery and experience for customers. Additional investors include Prelude Ventures, Innovation Endeavors, NEA, SAP.io, Prologis, PSA Unboxed, DCLI, and the founders of GT Nexus, Navis, and Uber Freight.
BigID, a leader in data-centric personal data discovery and privacy, announced a global reseller agreement with SAP. Through this agreement, SAP can sell two BigID powered products under the names SAP Privacy Management application by BigID and SAP Data Mapping and Protection application by BigID. The agreement will enable businesses that use SAP solutions to more readily meet the challenges of data-centric data discovery and privacy by harnessing BigID’s advanced Machine Learning-based discovery and intelligence technology.
BigID is one of the industry’s first data privacy and intelligence platforms that allows customers to rely on actual data discovered across the enterprise and cloud rather than surveys and interviews to ensure privacy compliance.
Business-software maker SAP SE this month plans to start offering a partner company’s artificial-intelligence software to help customers comply with data-privacy regulations, including the sweeping California law that takes effect in January.
Hear firsthand from startup leaders at Gnowbe, Paradox, and Plum, and listen to the managing director of SAP.iO, about their stories of innovation with SAP SuccessFactors solutions customers.