What’s that, you wish you didn’t have to manage any databases at all? Fauna is at your command with a serverless “data API” that lets you read, write, and manipulate data without worrying about the back-end details. Sounds crazy but we live in an age of wonders. They just raised $27 million, bringing their total to just under $60 million.
Arm plans to spin off its IoT Services Group, which includes the Treasure Data CDP, into a separate company owned by SoftBank Group and its affiliates. SoftBank also owns Arm, so this is more a reshuffling than sale. It might make a future sale easier although no one has hinted that’s the plan.
While we’re on the topic, let’s note that Estonia-based Veriff, another identity verification platform, has raised $15.5 million, raising its total to $23.8 million. The company can verify identity documents from over 190 countries. Yes, identity verification is hot.
Microsoft has confirmed that Reddit has blocked its Bing search engine from crawling content; Reddit seems to have blocked DuckDuckGo too. Reddit content will still appear in Google search results, but then Google has paid Reddit $60 million to allow it to train its AI models on that content. Reddit says the block has nothing to do with the Google deal: okay.