NEWS
Insider announces $ 500m Series E to accelerate AI investments and fuel US expansion
Insider has announced a $ 500 million Series E funding round led by General Atlantic .
Insider plans to further develop its next-generation marketing software offering and invest heavily in research and development , focusing on expanding and evolving its AI solutions .
The company also intends to scale its talent base and geographic footprint , leveraging General Atlantic ’ s global platform .
Alex Crisses , Managing Director , Enterprise Technology and Global Head of New Investment Sourcing , General Atlantic , said : “ Insider has disrupted traditional marketing cloud operators in the enterprise space by offering a differentiated and well-integrated suite of next-gen products . Insider ’ s success lies in consistently delivering unmatched value to their customers . Few platforms are capable of achieving this , setting Insider apart .”
Insider plans to increase its regional investments on the back of strong demand in the US market , where it has achieved significant growth . Additionally , the company will use the funds to explore strategic M & A opportunities .
“ This funding will help accelerate our ambitious product roadmap and grow our 350 + in-house engineering team . Over the next two years , we plan to focus on realizing our vision to build an end-toend AI-native omnichannel experience and customer engagement platform that compounds promotional , transactional and support capabilities into a seamless solution powered by an extensive set of channels ,” said Muharrem Derinkok , Co-Founder and Chief Product Officer , Insider .
D-Wave deemed awardable vendor for US Department of Defense
D-Wave Quantum ( D-Wave ) has achieved “ Awardable ” status through the Chief Digital and Artificial Intelligence Office ’ s ( CDAO ) Tradewinds Solutions Marketplace .
The Tradewinds Solutions Marketplace is the premier offering of the Department of Defense ’ s ( DoD ’ s ) suite of tools and services for accelerating the procurement and adoption of emerging technologies .
The marketplace will now include D-Wave ’ s annealing quantum computing technology alongside other offerings like AI / ML data and analytics capabilities .
“ It is an honor to be included in the Tradewinds Solutions Marketplace for our innovative technology and potential ability to help DoD solve complex real-world challenges ,” said Dr . Alan Baratz , CEO , D-Wave .
“ The ‘ Awardable ’ status on the marketplace signifies that our technology meets the high standards required to sell to the US government . D-Wave has a long history of developing quantum applications to address national security problems , and we look forward to working with US defense operations to help them achieve mission objectives .”
D-Wave works with businesses , research institutions and government agencies to provide quantum optimization for public and private sector areas , including logistics and manufacturing , staff scheduling , new drug discovery , sustainability , materials simulation and more .
D-Wave , recognized among a competitive field of applicants to the Tradewinds Solutions Marketplace , is a leader in the development and delivery of quantum computing systems , software , and services , and is the world ’ s first commercial supplier of quantum computers – and he only company building both annealing quantum computers and gate-model quantum computers .
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