TechTaffy

tech:

taffy

Context Relevant Raises $13.5M Series B-1 Round

By TechTaffy Desk

Seattle-based big data analytics company Context Relevant has completed a $13.5 million Series B-1 round of funding. Investors in the round include Goldman Sachs, Bank of America Merrill Lynch, Formation 8, New York Life, and Bloomberg Beta.

BofA Merrill Lynch and Goldman Sachs will be using Context Relevant’s behavioral predictive analytics platform. Don Duet, global co-head of Goldman Sachs’ Technology Division, will join Context Relevant’s advisory board. The company has also named Bina Kalola, managing director at Bank of America Merrill Lynch and Rana Yared, managing director in the Securities division at Goldman Sachs, to its board of directors.

The company, founded in 2012, has raised $42 million to date.

[Image courtesy: Context Relevant]

Just in

Seed

Oso Semiconductor raises $5.2M

Oso Semiconductor has raised $5.2 million in seed funding. The round was led by Engine Ventures.
People

Battelle appoints Tim Ryan to board of directors

Battelle has elected Tim Ryan, Citi’s Head of Technology and Business Enablement, to its board of directors.
Around the web

OpenAI launches ChatGPT Gov for U.S. government agencies — CNBC

It’s called ChatGPT Gov and was built specifically for U.S. government use; writes Hayden Field. 
Around the web

DeepSeek’s popular AI app is explicitly sending US data to China — Wired

Users have already reported several examples of DeepSeek censoring content that is critical of China or its policies, writes Matt Burgess and Lily Hay Newman. 
Around the web

DeepSeek hit with large-scale cyberattack, says it’s limiting registrations — CNBC

DeepSeek on Monday said it would temporarily limit user registrations “due to large-scale malicious attacks” on its services; writes Hayden Field.