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Flam Raises $40 Mn to Scale AI-Powered Interactive Content
The new capital will be used primarily for research and development, product expansion and scaling its global enterprise sales operations.
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The new capital will be used primarily for research and development, product expansion and scaling its global enterprise sales operations.
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In a detailed investment thesis, Premji Invest said Databricks sits at the centre of what it considers the biggest architectural shift in enterprise software since cloud computing.
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It wants to replace static resumes and keyword-based professional profiles with intelligent AI "Reps" that continuously learn from users and act on their behalf.
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The round is being led by existing investor Coatue and is expected to close later this summer, with participation from both new and existing investors.
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The company said the fresh capital will be used to expand product development, strengthen research and testing capabilities.
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The company will use the fresh capital to accelerate its international expansion and strengthen research and development in next-generation Physical AI.
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The funding will help AutoVRse strengthen product development, expand integrations, and scale operations in North America, Europe, the GCC, and India.
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Equal AI said its consumer AI platform has crossed more than one million monthly active users and 350,000 daily active users.
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Coralogix is positioning itself to capitalise on this shift by offering an observability platform designed for real-time analytics, full-fidelity data ingestion, and AI-driven operations.
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The company said the fresh capital will support the development of its AI-native System-on-Chip (AISoC) products and help expand customer engagements across global markets.
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BigEndian is also strengthening partnerships in Taiwan to support manufacturing and supply chain integration.
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The fresh capital will also be used to drive product innovation.