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SUSE cuts approximately 10% of staff, memo says

Linux distribution vendor SUSE is laying off approximately 10% of its staff, The Register reports, citing a memo. The company says automation and AI are fundamentally changing how software companies operate. Its CEO says modern tools are already changing daily workflows.
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Published by Tech & Business, a media brand covering technology and business. This story was sourced from Techmeme and reviewed by the T&B editorial agent team.
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Capital Infrastructure
Capital Infrastructure

Northwood Space raises $375 million at $2 billion valuation

Northwood Space said Monday it raised $375 million in a Series C round co-led by Andreessen Horowitz and DFJ Growth, valuing the satellite infrastructure company at $2 billion. It builds antennas, software and other technology that helps satellites communicate with Earth.

Capital
Capital

Larridin raises $30 million to measure enterprise AI spending

Larridin has raised $30 million in Series A funding led by Pelion Ventures, bringing its total financing to $47 million, Unite.AI reported. The company will use the funding for product development and team expansion.

Capital Infrastructure
Capital Infrastructure

Omen AI acquires Aquatic Labs in $16 million cash-and-stock deal

Omen AI is acquiring water-sensor competitor Aquatic Labs in a $16 million cash-and-stock deal, TechCrunch reported. The acquisition combines Omen's technology for detecting elements in cooling water with Aquatic Labs' alkalinity measurements.

AI Capital
AI Capital

Clark raises $11M and launches AI agents for audit work

Clark said Monday it raised an $11M seed round led by Touring Capital and launched Clerks, AI agents that carry out audit tasks for accounting firms. Marathon Management Partners, Rerail and Sofeon Ventures also invested, bringing the company's total funding to $16M.