We are pleased to announce that two of our portfolio companies, Identropy and Buildsafe, were acquired in this quarter
Protiviti acquires Identropy, a Leading Identity Access Management firm
Global consulting firm Protiviti has acquired Identropy, a security consulting firm that specializes in advisory, implementation and managed services for identity and access management (IAM) and access governance solutions. Identropy was a privately held company headquartered in Austin, Texas with more than 40 employees. With this acquisition, Protiviti strengthens its ability to meet the growing need to combat data breaches and provide clients with pragmatic and innovative IAM services.
Infobric, a Sweden-based IT provider for the construction industry, announced that it purchased two companies from Sweden: Buildsafe and EquipmentLoop. The founders of BuildSafe and EquipmentLoop continue as leaders in the companies and join as part owners in Infobric Group. BuildSafe developed a digital platform aimed at facilitating safety controls in the construction industry. The company was owned by investors including Almi Invest, Concrete Ventures, SRI Capital, and Moor Capital.
Fakespot raises $4 million to protect online shoppers from e-commerce scams
Fakespot has closed on $4 million in Series A funding led by Bullpen Capital, which was joined by SRI Capital, Faith Capital and 500 Startups among others in a round that brings the company’s total funding to $7 million.
The company is gaining more attention from shoppers, too. Saoud Khalifah, CEO of Fakespot, says that a Chrome browser extension introduced earlier this year has now been downloaded 300,000 times. Since Fakespot’s official founding, Fakespot has amassed a database of more than 8 billion reviews, around 10 times as many as the popular travel site Tripadvisor - from which its AI has learned
Trailblazing end-to-end AI application development for the edge: Blaize releases AI Studio
Blaize launched its AI Studio solution, which it touts as the industry's first open and code-free software platform to span the complete edge AI operational workflow, dramatically reducing deployment time, complexity, and cost.
AI Studio introduces features such as an intelligent assistant that draws from a knowledge base to help non-technical people get involved without needing to write code. It also introduces integration with machine learning model marketplaces, which enable model reuse and data sharing to speed up application development. It comes in different flavors and can run in the cloud or on premises. And, crucially, it supports open standards such as ONNX, which means it can be used beyond Blaize's own chips.
Canon Medical partners with Glassbeam to provide AI-Powered insight and analytics into service operations
Hospitals and institutions face a significant challenge each year when it comes to the financial impact of unplanned downtime and sub-optimal performance of their diagnostic imaging systems. To meet the need for fleet-wide operation and service analytics to mitigate those challenges, Canon Medical Systems USA, Inc. has partnered with Glassbeam to offer Clinsights – a breakthrough solution for healthcare providers to help increase operational efficiency through smart service analytics.
Available for Canon Medical and multi-vendor service customers with a service plan, Clinsights produces dashboards and reports from across facilities that capture vital information such as analyses and tracking of physician performance, physician referral and exam scheduling.