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August 14, 2023

Funding
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Visual Collaboration

One big idea to spark your curiosity

No matter how engaging your presentation, or how detailed the explanation of your idea is, the pictures that everyone will form in their heads are going to be slightly different.

Furthermore, we’re not as accurate as we think we are in our mental models: when a concept or topic is particularly complex it’s very difficult to keep every piece of information in our mind. We often imagine it like legos: stacking one piece of knowledge on top of another, to create a complete, layered image. In reality, we’re all doing our best to keep hold of the most relevant legos and hope to remember the rest.

Without visual aids to complement our communication, we’re always at risk of misunderstandings.

‘Visual’ is the New Global Development Language @ Multiplayer

Funding

Developer-friendly companies that announced new funding rounds

Multiplayer, a visual collaborative platform that helps development teams build distributed software, raised $3m in funding.

Flower, a federated learning framework that allows teams to train AI algorithms across a network of decentralized devices, raised $3.6m in pre-Seed funding.

Gomboc, a deterministic AI-powered cloud infrastructure remediation platform, raised $5m in Seed funding.

Middleware, an AI-powered observability platform that can analyze monitoring data and suggest solutions to fix issues, raised $6.5m in Seed funding.

Tromzo, a tool for application security posture management that accelerates risk remediation, raised $8m in Seed funding.

Rootly, an incident management platform that allows teams to manage issues directly in Slack, raised $12m in Series A funding.

Deepset, a platform for building and managing NLP applications, raised $30m in funding.

Weights and Biases, a platform for managing machine learning workflows end-to-end, raised $50m in funding.

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