*NEW RESEARCH* Tech Confidence Index Summer-Autumn 2024
Investors dash to dosh out $11m to Lightdash
Telescope Technology Limited trades as Lightdash. Maybe they chose that name so the team could refer to themselves as Lightdashians (as they do on their website). Presumably a play on ‘Kardashians’. The good news for founding Lightdashians, CEO, Hamzah Chaudhary, and CTO, Oliver Laslett, is that they’ve just raised $11m in Series A Funding so […]
Tepid Q3 bookings leave Cirata with Q4 mountain to climb
Data migration specialists, Cirata (formerly known as WANdisco) will need a more than five-fold improvement in its quarterly bookings rate for the final three months of the year if the company is to hit the bottom end of reaffirmed FY24 guidance figures. The latest trading update from the Sheffield-based platform provider reports that it closed […]
Netcall heads towards double-digit territory
Netcall’s FY24 results out this morning, demonstrate a continued strong performance in the intelligent automation and customer engagement software market. The company reported a 9% increase in revenue to £39.1m, driven by 19% growth in cloud services revenue to £19.8m. This shift towards cloud-based solutions is evident in the 23% increase in Cloud Annual Contract […]
Vodafone strikes new strategic AI deal with Google
Vodafone and Google have announced a ten-year strategic expansion of their existing partnership, believed to be worth over $1bn, to bring new services, devices, and TV experiences to millions of Vodafone’s customers across Europe and Africa, supported by Google Cloud and Google’s Gemini AI models. Vodafone and Google Cloud already have a strong track record […]
Treasury startup Round secures $2.1m investment
UK startup, Round Treasury, has secured $2.1m in pre-seed funding for its fledgling banking treasury management proposition. The investment was led by Passion Capital and supported by a variety of others including, Tiny VC, Ascension, Samos Investments and Entrepreneur First. Round plans to use the cash injection to increase the size of its team, refine […]
TechMarketView “GinAI” art competition
At our wonderful annual event held at the end of September, we held an incredibly fun competition set in the elegant surroundings of Mall Galleries, just off Trafalgar Square. Those of you who were there will have heard the talk from Chief Analyst, Georgina O’Toole, on GenAI. The response, both on the night and subsequently, […]
MI5 chief highlights digital challenges in latest threat update
MI5 Director General Ken McCallum has outlined the “most complex and interconnected threat environment we have ever seen” in his latest update on national security threats facing the UK. Speaking from the Counter Terrorism Operations Centre (CTOC) in London, McCallum emphasised the critical role of technology in both combating and enabling these threats. McCallum highlighted […]
Meta teases AI video generation tool
Back in February I wrote about OpenAI launching its ‘Sora’ text to video AI model (See – OpenAI launches ‘Sora’ text to video AI model), a truly impressive piece of technology that whilst still in its infancy is set to be hugely disruptive in the media, marketing and content generation fields. Just imagine being able […]
London fintech Zepz raises $267m
UK-based fintech, Zepz has raised $267m in funding. The African markets-centric money transfer company intends to use the money to expand operations and further extend its geographic reach. The round was led by Accel, with participation from IFC, Leapfrog, TCV, and Coller Capital. The new investment comes three years after the business, formerly known as WorldRemit, […]