This two-day, in-person event connects you with top experts and peers from leading brands who will share their insights and best practices on the data journey of. Automation, Infosec 1/18th synthetic Its all about merit until merit has tits. This Acquisition is a big win for 1Password. “We’re excited to continue working with Agolo in its quest to fight information overload with AI, ultimately helping to make people and organizations more productive. The researchers said they also found evidence that the hackers took advantage of a programing interface built into Telegram to identify at least 15 million Iranian phone numbers with Telegram. About: VB Transform is the first significant independent event for enterprise leaders who want to learn how to leverage generative AI and data technology to transform their businesses. Obsessed with covering transformative technology. Millions of people worldwide use this app to ensure that every single online account they have is protected and secured with unique, strong, and secure passwords. “The ability for humans to process mass amounts of information quickly is extremely limited, making summarization key to digesting data efficiently,” noted Nagraj Kashyap, corporate vice president at Microsoft Ventures. It’s worth noting here, however, that the Agolo investment came from Microsoft Ventures’ main pot, not the AI-focused fund. Microsoft Ventures’ involvement in this funding round is also a major coup for Agolo, and comes just five months after it set up a new AI-focused fund, which made its inaugural investment in Montreal-based Element AI, while just yesterday Microsoft Ventures joined a $7.6 million round into AI startup Bonsai. ![]() Moving forward, Agolo noted that it plans to integrate its summarization smarts into additional platforms, such as Slack, as well as chat, voice, and video. End users receive personalized market and business intelligence reports so they don’t have to spend countless hours reading through the same information.” “Defeating information overload creates a serious advantage for long/short equity analysts. There’s also a lot you can do with the apps, like viewing your Watchtower dashboard, organizing your items with tags and favorites, and much more. Any changes you make on one device are immediately available everywhere else. “This is game-changing for those whose livelihoods depend on data accuracy and speed to action to make high stakes decisions,” continued Mohamed AlTantawy, CTO and cofounder of Agolo. 1Password is part of the global password management market, which was valued a 1,246.9 million in 2020 and is expected to reach 3,071 million by 2026 as the growing number of Internet and mobile. 1Password is available on all your devices, so you’ll always have all your information with you. Companies similar to Agolo include Automated Insights, which is using automation to analyze big data and transform it into stories, like sports reporting, while Narrative Science focuses on business intelligence for the enterprise, or “data storytelling,” as it puts it, enabling automated earnings reports created from data.Īgolo has raised a number of smaller seed rounds of funding before now, but with its latest cash injection the company said it now plans to “transform the way financial service analysts do their jobs” by expanding its platform to cater to asset managers and investment banks. ![]() Team collaboration tools such as Zoom, Slack, and Microsoft Teams have already benefited from a more distributed workforce, and FloQast’s shared workspace is designed to fulfill a similar function for finance teams.įloQast’s series D round was led by Meritech Capital, with participation from Insight Partners, Redpoint Ventures, Sapphire Ventures, Coupa Ventures, Polaris Partners, and Norwest Venture Partners.Algorithms and AI are increasingly infiltrating the creative realm. ![]() In the past few months alone, companies including Osome, Auditoria, Zeni, Lockstep, and Georges have all raised sizable sums to help accountancy teams automate repetitive and time-consuming tasks.īut perhaps more than that, FloQast is well-positioned to support the burgeoning remote work trend that is likely to linger long after the global pandemic subsides. ![]() Above: FloQast analytics Automation for the peopleįloQast had previously raised around $93 million, and with its latest cash injection, the company is well-financed to capitalize on a growing push toward automation across the accountancy sphere.
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