Zerocater raises $15M as demand heats up for flexible in-office food services
Zerocater — incubated at Y Combinator back in 2011 (back in the days when YC had just 45 companies in a cohort) — was growing at a fast clip and gobbling up new customers for its office meal delivery service before COVID-19 hit. The pandemic led it to shed 98% of its business and set o
5 buyer red flags to look for during the M&A process
The global mergers and acquisitions market skyrocketed in 2021, with a total of nearly $6 trillion in deals recorded that year. The pace of deal-making slowed somewhat in 2022, but the market is again picking up steam, with large acquisitions making up 28% of total deal value last year.
Now that th
Lightspeed backs CommandK’s mission to become the go-to enterprise security command center
CommandK, a startup offering a dedicated platform to manage enterprise security, has raised $3 million in a seed round led by Lightspeed.
Companies accumulate a lot of sensitive data and store secrets, such as API tokens, SSH keys and personally identifiable information. But protecting that is a co
Passwordless authentication startup Descope lands whopping $53M seed round
Capital might be harder to come by than it once was in startup land, but some firms are bucking the trend — hard. Take Descope, for example, which today announced that it raised a whopping $53 million in seed funding for its “developer-first” authentication and user management pla
Yext hops on the generative AI train with Yext Chat, an enterprise-focused chatbot
Looking to cash in on the generative AI craze, Yext, the platform for online brand management, today announced an AI-powered chatbot called Yext Chat. Taking inspiration from OpenAI’s ChatGPT, Yext Chat is designed for enterprise use cases — and differentiated, Yext claims, by a partly
Oligo raises $28M to secure open source libraries at runtime
Oligo Security, a Tel Aviv-based startup that focuses on runtime application security and observability to detect and prevent open source vulnerabilities, is coming out of stealth today and announcing that it has raised a total of $28 million in seed and Series A funding.
The company’s invest
Sprinklr cuts 4% of global workforce amid slowdown
Customer experience firm Sprinklr has laid off roughly 4% of its global workforce — or more than 100 employees — as it realigns its headcount amid the ongoing economic slowdown.
Sprinklr started the layoff drive last week and is cutting its workforce in India, the U.S. and other regions, TechCr
Salesforce yields to activist pressure with harsh new policies for engineers, salespeople
Salesforce is looking at new ways to cut costs as activist investors continue to put pressure on the company. Today, Insider was reporting that the company is implementing much stricter performance measurements for engineering, with some salespeople being put under pressure to quit or succumb to ha
GitHub’s Copilot for Business is now generally available
GitHubtodayannouncedthatCopilotforBusiness,thecompany’s$19/monthenterpriseversionofitsAI-poweredcodecompletiontool,isnowgenerallyavailable,afterashortbetaphasethatstartedlastDecember.CopilotforBusinessaddsfeatureslikelicensemanagement,organization-widepolicymanagementandadditionalprivacyfeatu
Logz.io bets on generative AI to help ops teams remediate issues
Cloud observability platform Logz.io today announced that it is launching a generative AI model to augment its existing machine learning tools, which focus on a company’s observability data, with additional information from other data sources. Through this, the tool can now generate smarter r
Crew aims to build the ‘HubSpot for recruiting’
Amine Skalli recruited teams for 10 years, including four as a tech professional recruiter. In his last startup, he relied exclusively on outbound recruiting — in other words, proactively searching for and contacting potential candidates for open positions. But after trying a variety of appli
Microsoft ditches Yammer brand and goes all-in on Viva Engage
Microsoft has confirmed that it’s finally killing off Yammer, the enterprise social network it procured more than a decade ago for $1.2 billion.
Yammer was initially created out of San Francisco back in 2008, with co-founder David Sacks formally launching the startup at a technewss startup e
Akamai reaches for the cloud
A year ago, Akamai acquired Linode for $900 million. At the time, Akamai said it wanted to combine Linode with its edge platform and security services. Unsurprisingly, that’s exactly what it is doing now, with the launch of its new Akamai Connected Cloud — a massively distributed edge a
InfluxData lands $51M to grow its time series database offerings
In late 2013, Errplane, a Y Combinator-backed startup, began developing an open source project called InfluxDB for database performance monitoring and alerting. After raising several million in financing from VC firms including Mayfield Fund and Trinity Ventures, Errplane changed its name to Influx