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Funding Files: Your roundup for cyber security, AI, and cloud

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Funding Files: Cyber security, AI and cloud deal roundup

TLDR:

  • February saw a significant number of investments in cloud, data, cyber, and AI startups
  • Key funding deals and acquisitions include Aim Security, IONIX, Device Authority, Bugcrowd, Nucleus Security, and more

The article highlights the funding deals and acquisitions that took place in February in the cloud, data, cybersecurity, and AI space. One of the largest funding rounds was led by Alibaba Group Holding Ltd., investing $1 billion in Moonshot AI. Other notable funding rounds include Aim Security, IONIX, Device Authority, and more. The acquisitions in the industry included Cohesity merging with Veritas’ data protection business to create a new leader in data security and management worth $7 billion, and Databricks acquiring Einblick to enhance its data intelligence capabilities. Various companies in the cybersecurity, AI, and cloud sectors announced significant investments and collaborations to drive innovation and growth.


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