AISoftwareStartups

Cercli Secures $12M in Oversubscribed Series A to Expand AI-First HR Platform Across MENA Region

Cercli, an AI-powered HR and payroll platform designed for MENA businesses, has raised an oversubscribed $12 million Series A. The startup reports scaling revenue over 10x and processing $100M+ in annual payroll, leveraging AI-native architecture to challenge legacy systems.

Oversubscribed Funding Round

Cercli, a Dubai-based HR technology startup, has reportedly raised $12 million in an oversubscribed Series A funding round led by European venture capital firm Picus Capital. According to reports, the round saw participation from Knollwood Investment Advisory and existing investors Y Combinator, Afore Capital, and COTU Ventures. This investment marks Picus Capital’s first venture into the MENA region, with the firm having previously backed global HR companies such as Personio and Deel.

InternetSecurityTechnology

Major Amazon Web Services Disruption Cripples Digital Infrastructure Across United States

A critical Amazon database failure triggered cascading internet service disruptions affecting millions of Americans. The outage paralyzed everything from smart home devices to financial trading platforms, exposing the fragility of modern digital infrastructure.

Widespread Digital Disruption Traced to Amazon Infrastructure Failure

A significant internet outage originating from an obscure Amazon database system reportedly brought daily digital operations to a standstill for millions across the United States. According to reports, the prolonged service disruption highlighted both the fragility of global internet connectivity and Amazon’s increasingly central role in underpinning critical online infrastructure.