Five Minute Briefing - Information Management
August 15, 2023
Five Minute Briefing - Information Management: August 15, 2023. A concise weekly report with key product news, market research and insight for data management professionals and IT executives.
News Flashes
MindsDB, an artificial intelligence virtual database enabling the creation of the next wave of AI-centered applications, announced it has received an investment from NVentures, NVIDIA's venture capital arm, bringing total seed funding raised to $46.5 million. The latest round—which includes existing investors Benchmark, Mayfield, Y Combinator, OpenOcean, and Walden Catalyst—will further advance MindsDB's mission, making AI more accessible to all businesses by enabling the world's 30 million software developers to implement AI capabilities in their products.
Osano, the data privacy management software provider, is announcing its achievement of a major financial milestone—a $25 million Series B funding round—led by Baird Capital. The funding will serve to boost Osano's team investments as well as propel financing in both research and go-to-market initiatives.
XM Cyber, the hybrid cloud exposure management company, is unveiling improvements to its continuous exposure management capabilities, targeting ever-growing hybrid cloud active directory attacks, as well as optimizing the way security teams prioritize and address threats.