Reflektion*–which delivers innovative “individualized commerce” technology for retailers–recently announced it has raised $18 million in Series B financing led by Battery Ventures. Here, Powered by Battery chats with CEO Sean Moran about the how the company is aiming to transform digital retail, partly by leveraging new types of artificial-intelligence technologies.
*This post originally appeared in TechCrunch
It’s no secret that open-source technology — once the province of radicals, hippies and granola eaters — has gone mainstream. According to industry estimates, more than 180 young companies that give away their software raised roughly $3.2 billion in financing from 2011 to 2014.
Today most people equate a data breach with the theft of personal identification, health or financial data—credit card numbers, banking details, social security numbers and more. No doubt this has been a profitable and common focus for cybercriminals. Such data are easily monetized, and a sizable dark market exists for selling them.
JFrog*, which makes widely used tools for software-development management and distribution, recently announced it had raised $50 million from investors including Battery Ventures. Here, Powered by Battery chats with Co-Founder and CEO Shlomi Ben Haim about the company’s technology, its role in the broader DevOps market and opportunities for growth.