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Posts Tagged ‘funding’

Freshworks raises $150M Series H on $3.5B valuation

Freshworks, a company that makes a variety of business software tools, from CRM to help-desk software, announced a $150 million Series H investment today from Sequoia Capital, CapitalG (formerly Google Capital) and Accel on a hefty $3.5 billion valuation. The late-stage startup has raised almost $400 million, according to Crunchbase data. The company has been ...

After selling enterprise biz, Docker lands $35M investment and new CEO

In what’s proving to be an interesting day for Docker, it announced it has received a $35 million investment from existing investors Benchmark Capital and Insight Partners. It also announced the company has named long-time Chief Product Officer, Scott Johnston as CEO. Johnston is the third CEO at Docker this year, replacing Rob Bearden, who ...

Kenzie Academy is scaling up a coding program for ‘the heartland’

The crowded landscape of programs teaching non-technical people to become software developers has been a proving ground for a new model of education financing: income share agreements (ISAs). With an ISA, students avoid paying tuition upfront or taking out private loans, instead paying a percentage of their income for a time after graduation after they’re ...

Stealth fintech startup Digits raises $10.5 million Series A from Benchmark and others

Stealth fintech startup Digits, from the same team that built Crashlytics to scale then sold to Twitter for over $100 million, has raised a $10.5 million round of Series A funding, the company is announcing today. The round was led by Benchmark and has the backing of 72 angels, including founders and CEOs from companies ...

Neural Magic gets $15M seed to run machine learning models on commodity CPUs

Neural Magic, a startup founded by an MIT professor, who figured out a way to run machine learning models on commodity CPUs, announced a $15 million seed investment today. Comcast Ventures led the round with participation from NEA, Andreessen Horowitz, Pillar VC and Amdocs. The company had previously received a $5 million pre-seed, making the ...

How Arweave’s Permaweb cheaply hosts sites & apps forever

What if you could pay now to store something online permanently? You could preserve a website against censorship, save legal contracts, or offer an app even after your company fails. That’s the promise of Arweave‘s Permaweb. The startup has built a new type of blockchain that relies on Moore’s Law-style declining data storage costs. Users ...

Chronosphere launches with $11M Series A to build scalable, cloud-native monitoring tool

Chronoshere, a startup from two ex-Uber engineers, who helped create the open source M3 monitoring project to handle Uber-level scale, officially launched today with the goal of building a commercial company on top of the open source project. It also announced an $11 million investment led by Greylock with participation from venture capitalist, Lee Fixel. ...

Volterra announces $50M investment to manage apps in hybrid environment

Volterra is an early stage startup that has been quietly working on a comprehensive solution to help companies manage applications in hybrid environments. The company emerged from stealth today with a $50 million investment and a set of products. Investors include Khosla Ventures and Mayfield along with strategic investors M12 (Microsoft’s venture arm), Itochu Technology ...

Robocorp announces $5.6M seed to bring open source option to RPA

Robotic Process Automation (RPA) has been a hot commodity in recent years as it helps automate tedious manual workflows inside large organizations. Robocorp, a San Francisco startup, wants to bring open source and RPA together. Today it announced a $5.6 million seed investment. Benchmark led the round with participation from Slow Ventures, firstminute Capital, Bret ...

This startup is making customized ****** harassment training that it says employees won’t hate (or forget)

If you work for someone else, you likely know the drill: in comes that annual email reminding you that it’s time for unconscious bias or ****** harassment training, and if you could please finish up this mandatory module by this date, that would be terrific. The email — not to mention the programming itself — ...