Tuesday, October 3, 2023

Stampli, which uses AI to automate the processing of invoices and help businesses pay vendors, raised $61M, bringing its total funding to $148M+ (Priya Anand/Bloomberg)

Priya Anand / Bloomberg:
Stampli, which uses AI to automate the processing of invoices and help businesses pay vendors, raised $61M, bringing its total funding to $148M+  —  Artificial intelligence is showing up in unexpected sectors. … Funds managed by Blackstone Inc. led the round.  The company declined to give its valuation.



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Datadog closed up 31%+ after reporting Q1 revenue up 32% YoY to $1B and raising its FY revenue forecast, an outlier in the software industry amid the AI boom (Mike Wheatley/SiliconANGLE)

Mike Wheatley / SiliconANGLE : Datadog closed up 31%+ after reporting Q1 revenue up 32% YoY to $1B and raising its FY revenue forecast, a...