On Monday, after a month of intense speculation around who may team with Apple Inc. to help develop its much-vaunted self-driving electric car, Hyundai Motor Co. and its affiliate Kia Motors Corp. were forced in separate exchange filings to say they weren’t in any talks with the tech behemoth, backing away from an earlier Hyundai statement that confirmed they were in discussions.
That Jan. 8 initial disclosure, along with other reports of talks, no doubt infuriated Apple, which keeps development projects secret for years and controls relationships with suppliers with ruthless efficiency. It’s unclear if or when discussions between the two might resume.
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Cloud backup startup OwnBackup Ltd., a firm centered on Salesforce.com Inc.’s platform, today said it has raised $167.5 million in new funding to support ongoing investments in global expansion and extend its platform to help companies secure their software as a service data.
The Series D round was co-led by Insight Partners, Salesforce Ventures and Sapphire Ventures, and included Innovation Endeavors, Vertex Ventures and Oryzn Capital. The round valued OwnBackup at $1.4 billion, giving the company unicorn status for the first time.
Founded in 2012, OwnBackup offers cloud-to-cloud backup services on the Salesforce platform via the Salesforce AppExchange. The company’s service provides secure and automated daily backups of SaaS and platform as a service data as well as data comparison and restoration tools for disaster recovery.
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The startup helps clients including Zoom and Boston Dynamics protect their data on Salesforce platforms.
Bloomberg | Jan 28, 2021
Katie Roof (Bloomberg) OwnBackup, a startup that helps companies protect their data on Salesforce.com Inc. platforms, has been valued at almost $1.4 billion in a new funding round.
The company raised $167.5 million from a group of investors led by Salesforce Ventures, Insight Partners and Sapphire Ventures, according to a statement Thursday. Innovation Endeavors, Vertex Ventures and Oryzn Capital also participated.
New Jersey-based OwnBackup works with customers including Zoom Video Communications Inc. and robotics design firm Boston Dynamics Inc. to help protect against data loss from human error, bad code or malicious intent.
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Press release content from Business Wire. The AP news staff was not involved in its creation.
New Military Robots Market Research 2021-2025 | Post-pandemic Market Impact Analysis Report | Technavio
January 22, 2021 GMT
Technavio has announced its latest market research report titled Global Military Robots Market 2021-2025 (Graphic: Business Wire)
Technavio has announced its latest market research report titled Global Military Robots Market 2021-2025 (Graphic: Business Wire)
LONDON (BUSINESS WIRE) Jan 22, 2021
The new military robots market research from Technavio indicates neutral growth in the short term as the business impact of COVID-19 spreads.
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Technavio has announced its latest market research report titled Global Military Robots Market 2021-2025 (Graphic: Business Wire)
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