A 360° view on tech world
Cloud security startup Wiz launched just two years ago. It released its first product about 18 months ago. In December the company announced a $550 million Series A on a $6 billion valuation. That’s a lot of money for an early-stage startup, and it put a lot of pressure on the founders to live up […]
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Nightfall AI, a startup providing cloud data loss prevention services, today announced that it raised $40 million in Series B financing from investors including WestBridge Capital, Venrock, Bain Capital Ventures and — for some reason — athletes and celebrities including Paul Rudd, Drew Brees and Josh Childress. CEO Isaac Madan says that the proceeds will […]
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Since the start of the pandemic, the global supply chain has undergone — and is undergoing — immense strain. As of late last month, there were more than 300 ships in China waiting to load up and head to the U.S., Cargomatic’s Weston LaBar told NPR’s Marketplace. Meanwhile, warehouse space remains at a premium. Experts […]
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After pulling open roles across its Office and Windows divisions and letting go a portion of its 180,000-person workforce in July, Microsoft made additional cuts this week concentrated in its Modern Life Experiences (MLX) group, one of the groups responsible for customer-focused project R&D at the company. According to posts on LinkedIn, the recent layoffs […]
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Fresh off of an expansion to Mexico, Google today previewed the launch of new Google Cloud regions concentrated in Asia-Pacific (APAC), specifically Malaysia, Thailand and New Zealand. When they come online, they’ll bring Google’s total number of cloud regions to 34 — short of Azure’s more than 60, but ahead of AWS’ 26. In the […]
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It’s been just a few weeks since OpenAI began allowing customers to commercially use images created by DALL-E 2, its remarkably powerful AI text-to-image system. But in spite of the current technical limitations and lack of volume licensing, not to mention API, some pioneers say they’re already testing the system for various business use cases […]
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Stores face new challenges in a world forever changed by the pandemic. Amazon and other tech giants are encroaching on their business. But perhaps more urgently, supply chain snarls haven’t gone away, presenting retailers with a host of inventory issues. In a March Retail Insights survey, seven in 10 (71%) shoppers said they felt that […]
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Spin Technology, a data protection software vendor catering to enterprise clientele, today announced that it raised $16 million in a Series A round led by Blueprint Equity with participation from Santa Barbara Venture Partners and Blu Venture Investors. CEO Dmitry Dontov said that fresh capital — which values Spin at $55 million post-money — will […]
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The food service industry faces steep labor, quality control and sustainability challenges exacerbated by the pandemic. According to NSF International, a product testing and certification organization, more than half of quick-service restaurant (QSR) managers found staff turnover to be an issue for their business, with 20% saying that it had the biggest negative impact on […]
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We talked to the CEOs of Appian, Amplitude and BigCommerce about how to best navigate the present market conditions in terms of investment and caution.
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