Snyk adds policy-based code security to its arsenal

Last year was a pretty good one for Snyk, a Boston-based security company. It raised a hefty $530 million on a $8.5 billion valuation, and with that kind of money in the bank, it's probably not surprising that it went shopping. In February, it bought developer-focused cloud security company Fug

Allwhere launches out of stealth to help companies manage their remote workforces

Given the recent economic downturn, some companies are skeptical that the pandemic-led move to remote and hybrid work will have staying power. According to an April survey by Good Hire, 77% of managers said they’d consider firing employees or cutting their pay for refusing to return to the of

Google Cloud announces its first region in Mexico

Google Cloud today announced plans for its first cloud region in Mexico, its third in Latin America after Santiago, Che and São Paulo, Braz. The new region, which wl be Google’s 35th, wl allow it to better serve its local users with lower-latency access to its cloud services, but — and

Run.ai partners with Nvidia as it sets its sights on inferencing

Run.ai, the well-funded service for orchestrating AI workloads, made a name for itself in the last couple of years by helping its users get the most out of their GPU resources on-premises and in the cloud to train their models. But it’s no secret that training models is one thing, while putti

Airbnb co-founder Joe Gebbia steps back from leadership role

Airbnb co-founder Joe Gebbia today announced he’s stepping down from his position at the company he helped launch more than a decade ago. In a letter to employees also published to Airbnb’s corporate blog, Gebbia said he will remain on the board of directors but transition to an advisor

15Five, a pioneer in talent management HR tech, raises $52M to boost its own performance

15Five — an early mover in the world of building technology to help motivate teams, and to improve performance management for execs overseeing those teams — has raised $52 million in a round of growth funding that it will be using to expand its own performance. Now in use at some 3,400

TextExpander, which lets users build shortcuts to speed up business communications, raises $41.4M, its first-ever funding

RPA, and companies like UiPath, swooped into on the world of work a few years ago as a catchy way for organizations to help teams automate and speed up repetitive business activities such as processing information on forms. Today, a company called TextExpander — which has identified and built

Fonoa raises $60M to automate tax compliance for global companies like Uber and Zoom

Fonoa, a tax automation platform used by companies such as Uber and Zoom, has raised $60 million in a series B round of funding. Founded out of Dublin, Ireland, in 2019, Fonoa targets digital services companies that operate globally, automating many of the processes involved in managing sales tax,

Contentsquare closes a mammoth $600M round as customers clamor for digital analytics

While the pandemic prompted companies to digitize much of the way they do business, not every brand made the pivot successfully. In some cases, it cost them dearly. According to Couchbase, enterprises wasted on average $4.12 million on failed, delayed or scaled-back projects in 2020. The same surve

OpenAI expands access to DALL-E 2, its powerful image-generating AI system

Today, DALL-E 2, OpenAI’s AI system that can generate images given a prompt or edit and refine existing images, is becoming more widely available. The company announced in a blog post that it will expedite access for customers on the waitlist with the goal of reaching roughly 1 million people

Arrenda emerges with Adelanta, a financing offering for landlords in Latin America

Arrenda, a Mexico City-based fintech company, is offering digital financial services to the real estate market of Latin America and closed on $26.5 million in a pre-seed round of equity and debt. The funding round was a mix of $1.5 million in equity and $25 million in debt financing. Fasanara Capit

Crunchbase looks to grow its database of startups with $50M in new cash

In both down times and boom times, businesses across industries are faced with the challenge of building sales pipelines and closing revenue. “Account-based” intelligence — i.e., research into potential customers — can help during the prospecting process. But it requires a t

What downturn? Investors remain bullish on HR tech as the Great Resignation slows

The market for HR tech, which runs the gamut from workforce management to applicant recruitment and tracking systems, has proven remarkably resient in the face of both pandemic and economic headwinds. In fact, some would argue that it’s precisely because of these headwinds that HR tech has at

Microsoft wants to add Stories to corporate portals

Stories are everywhere — and I’m not talking about the fantasy kind. In the early aughts, Snapchat launched Stories as a way to let users share candid moments throughout the day, like catching the morning sunrise or going on a coffee run. It was a massive success, and the intervening ye