Press

Actuate welcomes industry veteran Ken Francis as CEO

Actuate, a provider of vision-based AI monitoring solutions, is thrilled to announce the appointment of Ken Francis as CEO. With over two decades of experience at the helm of companies such as Eagle Eye Networks and AMAG Technology, Ken brings a proven track record in building and scaling global security technology businesses. He will lead Actuate’s continued global expansion, strengthen its channel partnerships, and advance its position as a fast-growing monitored video AI provider.

Fewer Small And Midsize Venture Funds Are Closing This Year

So far in 2024, just 118 small and midsized U.S. startup investors have raised new funds of $500 million or less, per Crunchbase data. That puts this year on pace to deliver by far the fewest new funds in the category in years, as charted below. Connexa Capital, based in Miami, raised over $20 million for a debut fund that will invest in early-stage technology and software companies.

Exclusive: Toothio secures $5M to continue expansion

Dental staffing company Toothio raised $5 million in unlabeled funding to continue its national expansion, CEO Ian Prendergast tells Axios exclusively.

Toothio Raises Additional $5M to Address Dental Staffing Shortage

Toothio, the leading digital staffing marketplace for the dental industry, today announced $5 million in additional financing led by nvp capital and Craft Ventures. Rho Capital, Marketplace Capital, Roosh Ventures, Burst Capital, Revere Partners, Karman Ventures, Az Crown, and Connexa Capital also participated. The capital infusion coincides with Toothio's expansion into several new markets, including Chicago, Los Angeles, San Jose, Portland, Seattle, Baltimore, Charlotte, and Orlando.

Actuate Secures $11.5 Million in Funding to Advance AI-Powered Remote Video Guarding Solutions

Actuate, a leading innovator in computer vision technology for remote video guarding, proudly announces the successful closing of an $11.5 million funding round. This investment was led by Gray Line Partners, with participation from Tribeca Venture Partners, Bling Capital, Tensility Venture Partners, Upside Partnership, and Connexa Capital.