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BigID Raises $50M in Series C Funding FinSMEs

#artificialintelligence

BigID, a NYC- and Tel Aviv, Israel-based data-centric personal data privacy and protection platform, raised $50m in Series C funding. The round was led by Bessemer Venture Partners, with participation from existing investors SAP.io Fund, Comcast Ventures, Boldstart Ventures, Scale Venture Partners and ClearSky, as well as new investor, Salesforce Ventures. In conjunction with the funding, Alex Ferrara, partner at Bessemer Venture Partners, will join the BigID Board of Directors. The company intends to use the funds to expand global sales and engineering and introduce new products for data privacy, data governance and protection. Led by Dimitri Sirota, CEO, and co-founder, and Nimrod Vax, co-founder and Chief Product Officer, BigID uses advanced machine learning and identity intelligence to provide enterprises with tools to protect their customer and employee data at petabyte scale.


How to go from private eye to startup CEO raising 23 million in funding

Mashable

Luke Anear has gone from spying on people who had been injured at work to trying to prevent the accident in the first place. The founder of Australian startup SafetyCulture, Anear told Mashable he realised he had been part of the problem in his previous role, where he often checked up on worker compensation claims. "We would go investigate what went wrong after the fact. I wanted to be part of the solution and help people avoid incidents," he said. SEE ALSO: Millennials still want their own startups, but they can't afford them Founded in 2004, the Townsville-based company announced a Series B funding round Tuesday.


Suspect accused of spraying liquid laced with mouse poison on store food charged

FOX News

A Michigan man suspected of spraying a contaminant on unpackaged food at grocery stores faces four charges of poisoning food. Kyle Bessemer appeared in an Ann Arbor court Thursday, two days after his arrest. The FBI says Bessemer admitted to spraying a mixture of hand sanitizer, water and mouse poison on produce and food bars at three Ann Arbor stores: Whole Foods, Meijer and Plum Market. The charges cover two stores. In court, investigators told a judge that the 29-year-old Bessemer believed someone was trying to poison him.


Otonomo raises $12 million to make data from connected cars useful

#artificialintelligence

Even if self-driving cars aren't part of our daily lives yet, vehicles are becoming internet-connected at a rapid pace. Gartner predicts that one fifth of all autos on the road, and great majority of new vehicles being produced worldwide will have wireless network connectivity by 2020. Yet, few organizations have access to use the data generated by these vehicles today. That's where Otonomo, a startup based in Herzliya, Israel comes in. The company's systems gather up driver and vehicle data from disparate automakers and original equipment manufacturers.


6 digital health predictions for 2018

#artificialintelligence

A lot of these venture dollars were poured into companies focused on improving the early discovery process, such as identifying targets and "hits" of those targets.