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Former NSA deputy director George Barnes has made his first investment as a venture capitalist for his new job at the VC incubation studio Red Cell Partners. It’s a $3 million pre-seed deal in an open source cybersecurity startup called Hunted Labs, he told TechCrunch exclusively. Barnes spent his entire 35-year career at the spy agency, […]
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Software Development in Sri Lanka
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Digital banking startup Mercury has raised $300 million in primary and secondary funding at a $3.5 billion post-money valuation, the company confirmed to TechCrunch on Wednesday. The valuation is more than double the startup’s valuation when it last raised capital — a $120 million Series B round in 2021 that valued the company at $1.62 […]
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Software Development in Sri Lanka
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The intersection of robotics and AI continues to attract attention from investors and Big Tech alike. The latest indicator? Dexterity, a startup specializing in industrial robots with “human-like” finesse, has raised $95 million at a post-money valuation of $1.65 billion, per Bloomberg. The investment, which includes backing from Lightspeed Venture Partners and Sumitomo Corp., highlights […]
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Software Development in Sri Lanka
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Huawei is at the center of a fresh scandal in Europe, following reports that lobbyists representing the Chinese tech titan bribed members of the European Parliament (MEPs) to curry favor with lawmakers. After being cast out of the U.S. market over fears that its telecommunications equipment could be infiltrated by the Chinese government for nefarious […]
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Software Development in Sri Lanka
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AI-powered image generators, which are at the center of a number of copyright lawsuits against AI companies, are frequently trained on massive amounts of data from public websites. Most of these companies argue that fair use doctrine shields their data-scraping and training practices. But many copyright holders disagree. That’s why some startups and firms developing image generators […]
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Software Development in Sri Lanka
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Enterprise browser startup Island just raised a sizable funding round — one that bumps up its valuation significantly, and less than one year after its last fundraise. Dallas-based Island raised $250 million in a Series E round led by Coatue that valued the company at $4.85 billion, the startup announced today. This brings the company’s […]
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Software Development in Sri Lanka
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Ditto, a company that’s setting out to bring “resilient” connectivity to edge devices, has raised $82 million in a Series B round of funding at a post-money valuation of $462 million, more than double its Series A valuation from 2023. “Edge,” in the context of Ditto’s industry, refers to a distributed computing model that brings […]
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Software Development in Sri Lanka
Founded in 2017, Atoms Lanka Solutions is a provider of IT consulting and software development services. Throughout the company’s history, we have worked with over 160 customers from 5+ countries..
