Reported about 6 hours ago
Goldman Sachs led a $125 million funding round for Tines Security Services Ltd., an AI software startup specializing in automating cybersecurity tasks, which surged its valuation to $1.13 billion. This marks an 80% increase from last year's value of $600 million. Alongside SoftBank's Vision Fund, Tines plans to enhance research and development, expand its workforce, and leverage connections for growth, particularly in the US and Asia.
Source: YAHOO