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AI & Enterprise

Tulip raises $120 million in Series D funding, says it can replace MES

Manufacturing automation software company Tulip raised $120 million in Series D funding, SiliconANGLE reported on Jan. 15. The funding values the company at $1.3 billion, putting it in the unicorn category. Mitsubishi Electric, which formed a strategic partnership with Tulip last year, led the round. Tulip provides a cloud-based no-code platform aimed at digitalising production processes, connecting workers and equipment and supporting applications, data tools, system integrations and quality assurance features.

AI & Enterprise

Nozomi Networks launches Vantage IQ AI assistant for OT and IoT security

Nozomi Networks has introduced Vantage IQ, an AI assistant aimed at OT and IoT security experts, SiliconANGLE reported on Wednesday. The company said the assistant learns enterprise asset, vulnerability and threat data to deliver tailored security information and help analysts investigate and respond to incidents faster. It also automatically generates security reports for executives. Nozomi said Vantage IQ will strengthen defences in a fast-changing threat environment.