Urgent.News

What's breaking now, across thousands of outlets.

Tech

Obsidian Security, which helps companies secure AI agents, raised an $85M Series D at a $1.1B valuation, after raising a $90M Series C in April 2022 (Akash Sriram/Reuters)

Obsidian Security said on Tuesday it had raised $85 million in a Series D funding round that valued the AI security startup at $1.1 billion …

Singapore-based AI infrastructure startup Acrab has raised $130 million in a Series B funding round. This brings its total funding to more than $480 million.

According to DealStreetAsia, the funding round was backed by existing investors Vertex Ventures.

Another company, Omilia, a Cyprus-based self-learning agentic CX company, has also secured a $67 million Series B funding round led by Expedition Growth Capital.

Brief written by urgent.news from Techmeme, EU-Startups — 2 reports on this story. Machine-written — may contain errors; check the original before relying on it.

Also reported by 2 other outlets

Read the original at reuters.com →

More in Tech

Apple wins the AI race they're not even in.

Apple is going to win the AI race. Not because of a model. LLMs are not the alpha. Here's what nobody is pricing in. Lease a $2,999 MacBook Pro. $58 a month for 36 months.

  • Apple offers MacBook Pro laptops on lease for $2,999 total ($58/month)
  • Lease allows six months to decide purchase ($911) or return device
  • MacBooks retain high resale value, enhancing lease program appeal

More from Tuesday 4 August →