Savana raises a fresh round of capital to digitize banks’ services

Malvern, Pennsylvania-based Savana, a company building financial software products for legacy banks, today announced that it raised $45 million. A portion of the capital — $10 million — was debt, while the rest was a Series A equity tranche led by Georgian Capital Partners. CEO Michael

Emitrr raises $4 million to expand its automation offering for local businesses

Large-scale and mid-sized enterprises and businesses are increasingly adopting — and offering — software-as-a-service platforms as they seek to increase their revenue and parlay their growth into greater efficiency. Now a young startup, Emitrr, is aiming to bring the benefits of this model to s

The biggest story from Big Tech earnings is the sheer growth power of public cloud

When the Big 3 cloud infrastructure vendors – Amazon, Microsoft and Google – reported their earnings this week, it was clear that the cloud is helping keep their overall numbers up. But perhaps what was most surprising was that after years of sitting at 33% market share, AWS was up a tick to 34

A startup is charging $1.99 for strings of text to feed to DALL-E 2

Figuring out the right text prompts to yield the best results with AI systems like OpenAI’s DALL-E 2 has become a science in its own right. Now a startup is looking to let “prompt engineers” cash in with an online marketplace that sells these finely tuned phrases. PromptBase, laun

Polymath Robotics launches to bring plug-and-play autonomy software to any industrial vehicle

“Robots suck.” It’s a bold declaration for a startup founder aiming to work with robots — or more accurately, the software that helps turn a tractor, tiller or forklift into an automated vehicle. But Stefan Seltz-Axmacher, who previously founded and led the now shuttered autonom

Leapfin pulls together financial info across data siloes to simplify reporting

When Leapfin founder and CEO Ray Lau was managing financial operations at the game company Zynga a decade ago, he saw just how hard it was for his team to get answers about the financial health of the company quickly. He attributed this to too much siloed data and rigid financial systems. He says t

With $40M in new funding, Frontegg looks to expand its B2B user management service

Frontegg, the popular user management service for developers who bud B2B SaaS apps, today announced that it has raised a $40 mlion Series B round led by Stripes and Insight Partners. This new round, which follows the company’s $25 mlion Series A announcement last December, brings FronteggR

How to grow a SaaS company efficiently in a recession

With rising interest rates, there's a new sheriff in town for all companies. It’s called efficiency. Efficiency is now especially important for startups, which are always running fast toward a cliff. When, as a typical startup, you have immediate death coming at you within

Google delays move away from cookies in Chrome to 2024

Google is again delaying plans to phase out Chrome’s use of third-party cookies — the files websites use to remember preferences and track online activity. In a blog post, Anthony Chavez, Google’s VP of Privacy Sandbox, said that the company is now targeting the “second half

Paragon wants to be the Plaid of SaaS apps

Paragon, a startup building a platform that integrates and aggregates various software-as-a-service (SaaS) apps for enterprise clients, has raised $13 million in a series A round led by Inspired Capital, alongside previous investors FundersClub and Garuda Ventures. CEO and co-founder Brandon Foo sa

Amazon Detective now supports container security in Amazon EKS

At AWS re:Inforce in Boston today, the company announced that Amazon Detective now helps security teams track security events in Amazon EKS. Kurt Kufeld, VP of platform at AWS, introduced Amazon Detective for Elastic Kubernetes Services (EKS) on stage at the event keynote today. Amazon EKS is Amazo

Nash raises cash to help merchants manage local deliveries

The pandemic normalized delivery in the U.S. But even before the health crises struck, delivery sales at restaurants alone were increasing at a rate of 7% to 8% per year, roughly twice that of sales across the entire restaurant industry, according to McKinsey. The trouble is, delivery can be a nigh

Neon nabs $30M to build a scalable cloud service for Postgres databases

Neon, a startup providing developers with a serverless option for Postgres databases, today announced that it raised $30 million in a Series A-1 round led by GGV with participation from Khosla Ventures, General Catalyst, Founders Fund and angel investors. In an email interview with technewss, CEO

CircleCI partners with GitLab

CircleCI, the popular continuous integration and delivery (CI/CD) platform, today announced a partnership with GitLab, the popular DevOps platform that also offers an integrated CI/CD service. That may seem like a bit of an odd match-up at first, but CircleCI argues that by providing support for Gi