Hello and welcome back to our regular morning look at private companies, public markets and the gray space in between. After a short pause, we’re back on the topic of unicorn layoffs. While it’s cheery that a number of companies are chugging ahead with ARR growth powered by efficient spend, not every company has taken […]
Pinterest today released its latest diversity report, showing slight gains in representation of underrepresented minorities while also hitting its three hiring goals. The company has long been recognized as an industry leader when it comes to promoting diversity and inclusion. It was one of the first tech companies to publicly release diversity data, and in […]
WorkBoard, a SaaS startup that provides goal setting and management software to other companies, announced today that it has closed a $30 million Series C. The new capital comes less than a year after the startup raised a $23 million Series B. WorkBoard has raised $66.6 million to date, according to Crunchbase. Andreessen Horowitz’s David […]
The loss of several big-name streamers is finally taking its toll on Twitch, according to a new report from StreamLabs and Newzoo out today. In August 2019, top streamer Tyler “Ninja” Blevins, announced his intention to leave Twitch for Microsoft Mixer. Several others have since defected as well, including competitive gamer Michael “Shroud” Grzesiek who […]
This stuff is never easy. Buying habits change with technology, and just about every brick and mortar operator has felt some squeeze from online purchasing. Seems even flagship brands like Bose technology aren’t immune from the powers of next-day shipping. The audio company confirmed with The Verge this week its plan to close shop on […]
Epsagon, an Israeli startup that wants to help monitor modern development environments like serverless and containers, announced a $16 million Series A today. U.S. Venture Partners (USVP), a new investor led the round. Previous investors Lightspeed Venture Partners and StageOne Ventures also participated. Today’s investment brings the total raised to $20 million, according to the […]
The Allen Institute for AI (AI2) started its incubator up two years ago, helping launch companies like Xnor.ai, Blue Canoe, and WellSaidLabs. Their success has attracted funding from not just local Seattle VC outfit Madrona, but Sequoia, Kleiner Perkins, and Two Sigma as well, resulting in a new $10M fund that should help keep the […]
Cyral, an early-stage startup that helps protect data stored in cloud repositories, announced an $11 million Series A today. The company also revealed a previous undisclosed $4.1 million angel investment, making the total $15.1 million. The Series A was led by Redpoint Ventures. A.Capital Ventures, Costanoa VC, Firebolt, SV Angel and Trifecta Capital also participated […]
India’s trade minister isn’t impressed with Amazon’s new $1 billion investment in the country. A day after Amazon chief executive Jeff Bezos announced that his company is pumping in an additional $1 billion into its India operations, making the total local investment to date $6.5 billion, the nation’s trade minister Piyush Goyal said Amazon’s investment […]
Companies keep trying to make glassholes happen. Understandably. After the smartphone and the wrist, the face is the next local battlefield for computational space, if decades of science fiction movies have taught us anything. But we’ve seen the Google Glass, the Snapchat Spectacles, The Magic Leap, the whatever that thing that Samsung just semi-announced was. […]