How NATO wants to use artificial intelligence in decision making

The North Atlantic Treaty Organization (NATO) believes in incorporating artificial intelligence in its decision-making process, a senior official told CNBC.

Source: CNBC

Reality AI raises $1.7M to power IoT device products with artificial intelligence

Reality AI, a New York-based SaaS application for R&D engineers developing IoT products closed a $1.7M seed investment round on May 15, 2017. The round was led by TechNexus Venture Collaborative, angel investors, and family offices.

Source: Media.wix

Cybersecurity firm Crowdstrike raises $100 million at more than $1 billion valuation

CrowdStrike, the cybersecurity firm that burst onto the national scene during the U.S. election season last year when it became the first to pin a data breach at the Democratic National Committee on Russia, said on Wednesday that it has closed a $100 million funding round at a valuation exceeding $1 billion.

Source: Fortune

Chatbot-powered recruitment heats up as Emergence backs Mya Systems with $11.4 mln

San Francisco-based Mya Systems, formerly known as FirstJob, announced Wednesday that it has raised $11.4 million in Series A funding to develop its AI-powered recruiter chatbot Mya.

Source: Pehub

UK triage chatbot maker babylon gets $60M, plans next generation app

UK-based health chatbot company babylon, which raised $25 million in early 2016, has raised an additional $60 million in funding.

Source: Mobihealthnews

Getting Started with Chatbots by Tamer Qumhieh Introduction

At Oracle Open World 2016, Larry Ellison demoed the upcoming Oracle Intelligent Bots Cloud Service (IBCS).

Source: Oracle

Redcliffe's Dheeraj Jain backs security solutions startup ASADEL

Video analytics and enterprise safety company ASADEL Technologies Pvt. Ltd has raised an undisclosed amount from Dheeraj Jain, managing partner at venture capital firm Redcliffe Capital, in exchange for a 10% stake, a company statement said.

Source: VCC

Food startup Faasos raises $6.3 mn from existing investors

Pune-based quick service restaurant chain and online food delivery company Faasos Food Services Pvt. Ltd. has raised Rs 41.4 crore ($6.3 million) from existing investors, filings with the Registrar of Companies (RoC) show.

Source: VCC

Gladly raises $36 million to simplify customer service across calls, social media, and emails

Gladly, which provides software to help businesses deliver better customer service, announced today funding of $36 million, led by GGV Capital.

Source: VB

Quora raises $85 million to expand internationally and develop its ads business

Quora is known for being an under-the-radar company. But in an exclusive interview with VentureBeat, cofounder and CEO Adam D'Angelo announced that Quora has raised an additional $85 million in a round co-led by Sam Altman.

Source: VB

Chatbot Creation Platform Chatteron Raises Seed Funds & More Funding Updates

Chatbot Development Platform ChatterOn Secures Investment from HT Media & North Base Media

Source: iamwire

ReplyYes raises $6.5 million to sell stuff via bots and AI, with human help

Today you can buy flowers, get reservations, and order toilet paper via bots. Tomorrow, you might be able to buy just about anything via Messenger, SMS, or any other messaging protocol.

Source: VB

YourNest names Sharad Sharma second fund's advisory board member

Early-stage venture capital firm YourNest has named Sharad Sharma, co-founder and CEO of iSPIRT, as a member of the advisory board of the recently launched Rs 300 crore YourNest India VC Fund II.

Source: VCCircle

Food-tech startup Holachef gets $3 mn from SIDBI VC, Kalaari

Mumbai-based food delivery startup Holachef Hospitality Pvt. Ltd has raised Rs 19.5 crore ($3 million) in a Series B round of funding from SIDBI Venture Capital Ltd and existing investor Kalaari Capital.

Source: VCCIRCLE

Tech start-ups are seeing their share of venture investing pie shrink

As Goldman points out, cash on the sidelines is sitting at an all-time high, so tech start-ups won't likely see large declines in dollar terms

Source: Livemint

Redcliffe Capital invests in SafetyKart Retail

SafetyKart moves private label brand and product PeeSafe to newly founded entity Redcliffe Hygiene

Source: Livemint

Fundraising done, Flipkart now under pressure to boost sales and reduce costs

Flipkart has to justify the fundraising and the eBay India acquisition by keeping Amazon India at bay and cutting costs

Source: Livemint

Connected doorbell startup Ring raises $109 million from DFJ, Goldman Sachs, Qualcomm, others

From beds to fridges and beyond, the so-called Internet of Things took a giant leap forward in 2016, with consumers the world over encouraged to connect the most random of household items to the internet.

Source: Venturebeat