At Pelion, we work closely with visionary entrepreneurs to build innovative and disruptive businesses. Our team’s deep technology, investing and operational expertise make Pelion a trusted and valuable partner to support businesses as they move progressively through each stage of development.
Cybersecurity unicorn Cloudflare is likely to transition to the public markets in the first half of 2019 in what is poised to be a strong year for IPOs in the security industry. The web performance and security platform is said to be preparing for an IPO at a potential valuation of more than $3.5 billion after last raising capital in 2015 at a $1.8 billion valuation.
Alternative methods to gauge an applicant’s risk are being developed and used to offer cards that don’t require a security deposit and look beyond a traditional credit score. Deserve, which began offering cards in 2017, has three cards: the Deserve Classic for people new to credit, the Deserve Edu for students and the Deserve Pro for people with limited credit.
New patent furthers Neurala’s mission to develop AI that learns in the same way that humans do. Award-winning AI company Neurala announced that it has been awarded a new patent for technology that will enable AI to make sense of its environment based on multiple sensory inputs, in the same way as the human brain works.
“The exciting growth of Arcadia Data highlights the work we’ve done as a company. Our positive trajectory emphasizes the quickly-growing need for products like those which Arcadia Data provides” said co-founder and CEO Sushil Thomas. Arcadia Data has grown 500 percent in the last two years, and touts more than 2,500 customers using Arcadia Instant.
