Month: May 2022

Meet Palette, a software-as-a-service startup that is going to be particularly interesting if you’re also running a software-as-a-service startup. The company has built a modern tool to design, manage and optimize sales commission plans for your internal team. Earlier this year, the startup raised a $6 million funding round led by Bain Capital Ventures. Liquid
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Singapore-based venture firm Jungle Ventures is digging deeper into Southeast Asia and India with the close of its fourth fund. Fund IV totals $600 million, with $450 million for new investments and $150 million earmarked for follow-up investments in its portfolio companies. The fund’s close brings Jungle Ventures’ total assets under management to over $1
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While valuations of public software-as-a-service businesses have been taking a hammering of late, as investors cool on the sector amid a wider, post-pandemic tech stock sell off, SaaS startups still need to raise funding to scale their budding businesses — or, well, they hope they’ll be able to do so on reasonable terms despite these
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Lounge, a team communication startup that was looking to reimagine the future of work with features designed for remote and distributed workforces, has now found an exit after Slack entered its same market last year with competitive voice and video tools. Launched by former Life360 employees last year, Lounge confirmed it’s been acquired for an
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Arrived has raised $25 million in a Series A funding round led by Forerunner Ventures to give people the ability to buy shares in single-family rentals with “as little as $100.” Returning backers include Bezos Expeditions, the personal investment company of Jeff Bezos; Good Friends, a venture fund run by the CEOs and co-founders of
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When The New York Times got its hands on some of Elon Musk’s plans for Twitter, a company that he is in the process of purchasing, you would have been forgiven for thinking that Musk knew what he was buying. Per the Times’ reporting, we learned that Musk expects to bolster Twitter’s revenue to “$26.4
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The world of web development continues to become increasingly more democratized — and more creative — thanks to innovations in “headless” systems that give more flexibility around how a site can look and function: a middle ground between using rigid templates and building and maintaining every single component of a web’s tech stack from the
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The Cloud Foundry Foundation today announced the launch of Korifi, a new developer experience that will offer a Cloud Foundry-compatible application platform on top of Kubernetes. Since its initial release more than 10 years ago, the open-source Cloud Foundry project has established itself as the go-to Platform as a Service (PaaS) for many larger enterprises
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Instant grocery startups sprang up and grew like weeds during Covid-19, fueled by consumers opting to practice social distancing and ready to order their food and sundries at the tap of an app; and VCs seeing an gap in the delivery market that had yet to be definitively filled. Now, perhaps inevitably, comes the consolidation.
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