Jennifer Smith Contributor Jennifer Smith is CEO and co-founder of Scribe, a Princeton and Harvard Business School alum and is a technology investor and adviser formerly at McKinsey and Greylock Partners. When building a startup, you’re making what feels like a million decisions on timing — when to launch to time the market, when to
Enterprise
PideDirecto, a Mexico-based company, is developing a platform that enables local businesses in Latin America to sell directly to their consumers and deliver orders in less than 30 minutes. Hussein Fawzi and Ronni Samir launched the company with Anders Steiner and Antonio Nacoud in September 2020. Fawzi, Samir and Nacoud knew each other from Iraq
When you think about service meshes, a somewhat esoteric cloud native tool designed to stitch different microservices together, you might not think it’s the most lucrative side of the Kubernetes led cloud native market, but you would be wrong. Today, Solo.io, a Cambridge, Massachusetts service mesh startup, announced a $135 million Series C at a
Increasingly, conversations about big data, machine learning and artificial intelligence are going hand-in-hand with conversations about privacy and data protection. Now, a startup that is building tools to make it easier for engineers to implement the two simultaneously is announcing a round of growth funding to continue expanding its operations. Gretel AI, which lets engineers
Medley, the group coaching platform that focuses on both personal and professional development, announced the close of a $3.7 million seed round led by A16Z today Connie Chan and Anne Lee Skates of Andreesen Horowitz led the round, with participation from Aglaé Ventures, Foundation Capital, Ciara Wilson, Jen Rubio, Dara Treseder (Peloton). and Sanyin Siang
Remember when a Twitter contractor deactivated Donald Trump’s personal account for 11 minutes in 2017? Opal co-founder Stephen Cobbe says that is one example of an instance where certain employees were provided too much access to the inner-workings of the company. His company, based in San Francisco and New York, is working with enterprises to
Guestio closed on $1.5 million in seed funding for its platform that simplifies the booking process for podcasts. Founder and CEO Travis Chappell said users can go on the platform and book guests for their shows at the click of a button in all kinds of topics and with shows big or small. Chappell is
Mike McGill Contributor Kevin Jolley Contributor The outlook for managed services providers (MSPs) remains positive, as increasing complexity and security concerns — driven by the work-from-anywhere environment and high-profile hacking incidents — have moved IT management from being a cost center to a core strategic priority for the C-suite. A key driver of the growth
Throughout its history as a public company, Box has had a bit of a bumpy ride. The company was founded back in 2005 as a simple consumer file sharing service, but shifted a few years later to focus on enterprise and build a modern content management system for the still-developing cloud and mobile world. Once
Microsoft announced today that it has acquired Ally.io, a software service that helps companies measure their progress against OKRs or objectives and key results, a common way the management measures both individual and company progress. The two firms did not share the purchase price. Microsoft plans to incorporate Ally into its Viva family of employee
Data observability — necessary to keep tabs on infrastructure performing as it should; to see if apps are returning errors; and to ensure that critical business data is getting to where it needs to go — is becoming an evermore complicated task as organizations’ cloud-native data demands and data usage grow. Today a startup that’s
Logicworks might not be a household name, but since 2012 it has been working with customers to help them move to the cloud and manage their workloads once they get there. By following that approach, the late stage startup is closing in on $100 million in revenue. Today, it announced a new Cloud Reliability Platform
OpenStack, the open-source project that gives large enterprises and public cloud providers the tools to run their own AWS-like private clouds in their data centers, today announced the release of OpenStack 24. Codenamed Xena, the release focuses on polishing many of the system’s sharper edges. It’s no secret that the OpenStack project, which now falls
Celonis, the late-stage processing mining startup with a gaudy $11 billion valuation, announced a new partnership today, this one with ServiceNow. Celonis co-founder and CEO Alexander Rinke says that he and ServiceNow CEO Bill McDermott go back a long way, and that working together should provide big benefits for the two companies. “With ServiceNow, we
Anyone looking for a job, even in the past decade, knows how difficult it can be or has been — applications going into a black hole of a CRM, no response and follow-ups or the process being drug out for months. Lydia Han and Christopher Triolo started ModernLoop in December 2020 after seeing the problem
I have worked in startups for more than half of my life, and for most of that time, I was the only Black person in the room. As a result, the lack of representation in tech isn’t abstract to me. Besides my experience, I read and talk about diversity in tech every day, so when
Sure, an insurance infrastructure startup, announced today that it has closed on $100 million in Series C funding at a $550 million valuation. New York-based Declaration Partners and European growth investor Kinnevik co-led the financing, which also included participation from WndrCo and existing backers W. R. Berkley and Menlo Ventures. The round brings the Santa
As DevOps SaaS platform Esper continues to build out the category and the number of connected devices grows, the company took on another round of funding to stay ahead of demand. Just five months after announcing a $30 million Series B round, the company is back with an even bigger capital infusion — $60 million
Infrastructure as code (IaC) has been gaining wider adoption among DevOps teams in recent years, but the complexities of data center configuration and management continue to create problems — and opportunities. We surveyed top investors in IaC startups to find out more. Overall, they see a lot of room for growth given all of the
Jared Spataro has been with Microsoft for more than 15 years now, and he has been part of the transition from an on-prem software company to a SaaS business. Today his official title is corporate vp in charge of the company’s biggest SaaS product, Office 365. Spataro is going to join us on October 27th
An under-the-radar, bootstrapped startup from Vienna, Austria — a hit with developers for technology that underpins user experience for some of the world’s most popular apps — is doubling down on momentum and announcing its first outside investment, in the form of a large growth round of funding. PSPDFkit — which provides APIs and an
Nine months after announcing a $5 million seed round, Toronto auto repair software company AutoLeap is back with $18 million in Series A funding, this time led by Bain Capital Ventures. Joining Bain in the round is existing investor Threshold Ventures, which led the seed round, to give the company $23 million in total funding.
Some big brands spend millions of dollars on marketing each year and may only drive thousands of dollars in sales as a result. At the same time, influencers are steering thousands, or even millions, of their followers to certain brands. ProductWind aims to connect brands with influencers in one click. The company is building a
Orchest co-founder and CEO Rick Lamers calls himself, his co-founder Yannick Perrenet and his team “a bunch of data nerds” that love making data tools. In this case the company is building an open source integrated development environment tool for data scientists so they can develop, iterate and deploy data pipelines without having to rely
Stock options can hold a lot of potential reward for employees when their company is doing well, but not every person will have the funds to fully exercise — that is, buy up — the options they have available to them. Enter EquityBee, a marketplace for employees to connect with capital from a network of
Loop Health aims to be the “Oscar Health of India” and targets the country’s health insurance gap with its approach to primary care and insurance. The Pune-based company is also the latest startup to raise funding in this area, bringing in $12 million in Series A funding in a round co-led by Elevation Capital and
Silicon Valley-based venture capital (VC) firm Benhamou Global Ventures, known as BGV, closed its fourth fund with $110 million to support global enterprise companies. The new fund is 60% larger than its third fund and will be invested similarly, in seed and Series A startups focused on what general partner Anik Bose said the firm
When engineers are building software, they often run into issues around testing it without using actual customer data. Creating a meaningful test set can be time-consuming and challenging. Tonic.ai, a startup that helps engineers create synthetic data sets is trying to fix that, and today the company announced a $35 million Series B. Insight Partners
Meetings can go one of two ways… either be productive, or be ineffective. Read AI wants all meeting goers to be engaged and feel productive, and it has developed a real-time shared dashboard to alert meeting participants when things are going well or not so well. The Seattle-based company emerged from stealth mode Wednesday with
Employee leave benefits are a complicated web of company and government policies, and Cocoon is out to bring clarity and simplicity to both the employer and employee experience. The platform launched Wednesday across all 50 states and is designed for any type of employee leave, like parental, medical, caregiver or bereavement. It factors in all
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