Everstream Raises $50M For Big Data Supply Chain Management
Everstream Raises $50 Million To Apply Big Data To Supply Chain Challenges
Everstream Analytics has raised $74 million in funding, with a Series B round of $50 million led by Morgan Stanley’s 1GT Fund. It provides predictive insights for physical supply chains and has over 200 enterprise customers. It will use the fresh capital to develop products, hire and focus on customer success efforts. Its data analysis pipeline combines data from sources such as news articles and AI/analytics to generate risk scores. It also offers ESG tools to measure commodity risks & human rights violations like forced labor in Xinjiang Uyghur Autonomous Region & plans to grow its workforce by 10–15%.
Read more here:
Current Trending Score: 14
What else is trending right now?
1. Can Burning Man Pull Out of Its Climate Death Spiral?
Current Trending Score: 14
Michelle felt the same way. Desperation led her to a BDSM tent with air-conditioning, where she found relief from the heat. Despite not being a masochist, she endured the extreme conditions and stayed for the week. She was ultimately rewarded when her camp’s freezers were fixed and food was salvaged by cleaning out rotten food at end of week.
2. Mother and partner convicted over death of Lola James, two, in Wales
Current Trending Score: 3
A jury found Kyle Bevan and Sinead James guilty of the death of two-year-old Lola James. The court heard that Bevan, who moved in with the family in July 2020, had attacked Lola, causing her “catastrophic” brain injuries. It was also accepted that James did not take part in the assault but failed to protect her daughter from Bevan. They will be sentenced on 25 April 2021.
3. Erin Foster, Sara Foster form Oversubscribed Ventures to invest in consumer brands
Current Trending Score: 3
Erin and Sara Foster, daughters of music producer David Foster, founded Oversubscribed Ventures, a venture capital firm investing in early-stage consumer technology. They are running the firm with Phil Schwarz from Corazon Capital and have made investments in six companies so far. The Fosters said they want to help founders by getting their hands dirty and using the same skill set that helped them build their profitable clothing line Favorite Daughter. They use instinct to decide which companies to invest in and look for tech that can be easily used by people like those in their audience.
4. Strivacity, which helps companies build secure login flows, nabs $20M
Current Trending Score: 3
Strivacity is a startup that provides secure sign-in experiences for companies. It recently raised $20 million to help scale up and meet demand. Its platform uses AI and machine learning models to protect users from bots, as well as other privacy-centric features such as the ability for users to delete their data themselves. It competes in a crowded market with many VC investments being made but sees opportunities due to the pandemic forcing companies to rethink their online customer experience. In the next year it plans on nearly doubling its workforce from 40 employees up to 70.
5. China probes Micron for cybersecurity risks, urges Japan to stay out of U.S. chip export curbs
Current Trending Score: 2
China has probed U.S. memory chip maker Micron Technology over cybersecurity risks, while Japan is proposing to impose export restrictions on 23 types of equipment to curb business between the two countries and support U.S. semiconductor export restrictions on China. Beijing’s Foreign Minister Qin Gang criticized the US for its actions and warned that it will only stimulate China’s determination to become self-sufficient, while Tokyo Electron, Screen Holdings, Advantest Corp and Nikon are expected to be negatively impacted by these limitations as well as ASML in The Netherlands who must apply for export licenses for shipment of advanced systems. South Korea is yet to make a call in response to Washington’s ban on chip-related technology exports but held economic security dialogue with Japan and the US in February regarding this issue.
Every hour The Top News Review features the top news going viral right now according to objective data.
The links above currently have the highest trending score (respectively) on BuzzSumo over the past hour, filtered for reliable journalism.
Monitor us hourly to be the first to know what’s influential online.
AI Disclaimer
Medium welcomes the responsible use of AI-assistive technology. This article used editorial assistance from GPT-3.
