ould have been easy for Atlassian to believe that the former unicorn, Loom, was undervalued when it announced its intention to acquire Loom video messaging app for $975 millions last week. Comparing 2021 valuations with the reality of 2023 is not a fair comparison, as the dynamics between investors, their portfolio companies, and the deal…
Roughly eight years ago, a little-known startup called Procurify raised $4 million for its platform that hosts tools to take some of the pain out of enterprise procurement. The company never became buzzy, exactly. But Procurify grew steadily over the subsequent years, going on to raise $20 million in its Series B and today closing…
Investors have an appetite for databases, it seems. Today, ScyllaDB, a startup developing database tech for high-throughput, low-latency workloads, announced that it raised $43 million in a funding round led by Eight Roads Ventures with participation from AB Private Credit Investors, AllianceBernstein, TLV partners, Magma Ventures and Qualcomm Ventures. The new cash will be put…
Cincinnati, Ohio-based Pantomath, a data observability and traceability platform, today announced it raised $14 million in a Series A round led by Sierra Ventures with participation from Bowery Capital and Epic Ventures. The new capital will be put toward expanding Pantomath’s platform and workforce, according to founder and CEO Somesh Saxena, with a focus on…
Artem Semjanow Contributor Artem Semjanow is the founder and CEO of Neatsy.ai, the first app that detects risks of podiatry issues with a phone camera and selects sneakers perfectly tailored for users’ conditions. Artem has over 10 years of experience in engineering, AI, and computer vision. In 2006, Research in Motion, the maker of the…
Atlassian announced this morning that it is acquiring video messaging service Loom for $975 million, the same company that had a $1.53 billion valuation in May 2021 when it announced a $130 million Series C. That was when companies were still thinking about all work being cloud-based and the future looked oh so bright. As…
Deasie, a startup developing tools to give companies greater control over text-generating AI models, today announced that it raised $2.9 million in a seed funding round with participation from Y Combinator, General Catalyst, RTP Global, Rebel Fund and J12 Ventures. Deasie’s founders, Reece Griffiths, Mikko Peiponen and Leo Platzer, previously built data governance tools together…
Deasie, a startup developing tools to give companies greater control over text-generating AI models, today announced that it raised $2.9 million in a seed funding round with participation from Y Combinator, General Catalyst, RTP Global, Rebel Fund and J12 Ventures. Deasie’s founders, Reece Griffiths, Mikko Peiponen and Leo Platzer, previously built data governance tools together…
CtrlS Datacenters, the India-headquartered data center giant, said Thursday it plans to invest $2 billion over the next six years to scale its operations and expand business, as the demand for data processing and cloud storage surges across major markets. The Hyderabad-based company said it will invest in technologies and strategies in areas such as…
CtrlS Datacenters, the India-headquartered data center giant, said Thursday it plans to invest $2 billion over the next six years to scale its operations and expand business, as the demand for data processing and cloud storage surges across major markets. The Hyderabad-based company said it will invest in technologies and strategies in areas such as…