Prezent.ai secures $20M to gamify deck presentations

When it comes to presentation creation, PowerPoint and Keynote remain the de facto tools by incumbent advantage. PowerPoint has more than 1 billion installs and 500 million users alone, thanks to Microsoft’s longtime bundling of Office with certain Windows editions. But this hasn’t stop

Under intense activist investor pressure, Zendesk could be looking at possible sale

It’s been tough times for Zendesk, which has been fending off Jana since the end of last year, when the activist investor began to send the company, which focuses on help desk and ticketing software, a series of complaint letters. Perhaps it shouldn’t come as a surprise that reports sur

SaaS demo platform Demostack raises $34M to expand to new markets

Demostack, a San Francisco, California-based startup creating a “demo experience” platform for software-as-a-service (SaaS) sales teams, today announced that it raised $34 million in a Series B round led by Tiger Global Management with participation from Bessemer Venture Partners, Amiti

Chipotle launches $50M venture fund in bid to foster new restaurant tech

In a bid to position its brand as more tech-forward — and, in the process, foster new culinary innovations — Chipotle today announced the launch of Cultivate Next, a venture fund run by Curt Garner, the restaurant chain’s chief technology officer. Chipotle says that Cultivate Next

Beamy lands $9M to help enterprises detect and manage their SaaS apps

Perhaps one of the strongest examples of software “eating the world,” as a prominent VC once put it, is the growth of the software-as-a-service (SaaS) industry. According to Statista, in 2021, the market for SaaS apps and services was worth roughly $145.5 billion — up from $120.7

Japanese insurance company Tokio Marine launches CVC fund to back early-stage startups 

Tokio Marine, a Tokyo-headquartered insurance corporation, said Tuesday it has launched its $42 million corporate venture capital (CVC) fund, dubbed Tokio Marine Future Fund, to invest in early-stage startups around the world.   The Palo Alto-based CVC fund will write checks worth between $500,000

Clipboard Health, which matches health workers with facilities, raises $80M

Clipboard Health, an app-based marketplace that matches nurses with open shifts at nearby healthcare facities, today announced that it raised $80 mlion over two unannounced rounds, a $50 mlion Series B round in 2021 and a $30 mlion Series C round this year, at a $1.3 blion valuation post-money. CEO

Slope brings on new CFO, customers, capital as it rises to offer businesses buy now, pay later

Slope, which provides businesses an easy way to offer buy now, pay later services, has had a busy six months. That's not much of a surprise, given that the buy now, pay later market size was valued at $16 billion in 2021 and is poised to grow nearly six times by 2029. Its API technology can app

Itilite secures $29M to automate corporate expensing workflows

For the bulk of the past two years, the pandemic has put the kibosh on corporate travel of nearly any kind. This has dampened investors’ enthusiasm in travel and expense (T&E) startups, predictably, whose expertise lies in creating software for travel and other forms of expensing. But as

What hostile takeovers are (and why they’re usually doomed)

Thanks to the machinations of a certain billionaire, the phrase “hostile takeover” has been liberally bandied about the media sphere recently. But while it long ago entered the mainstream lexicon, “hostile takeover” carries with it an air of vagueness — and legalese op

Why Akamai bought Linode

Earlier this year, Akamai announced its plans to acquire Linode, the well-loved cloud hosting service, to build out its own cloud and edge computing portfolio. The $900 million acquisition closed last month. While Akamai is still mostly known for its content delivery services, the company started b

Backbone nabs $14M for supply chain software inspired by mesh networks

Forecasting, also known as demand variability, has long been a hurdle for businesses reliant on the global supply chain. In a survey conducted long before the pandemic began (in 2015), large companies — those with revenues in the range of $500 to more than $1 billion — pegged variabilit

Speckle snags $5.5M seed to build open source platform for 3D drawings

The founders of Speckle, an early-stage startup based in London, are both trained architects and engineers, probably a rare combination. It enabled them to see and understand firsthand the issues associated with exchanging large proprietary 3D files from vendors like Autodesk and Trimble. They want

Shipium gives e-commerce retailers Amazon-like supply chain tech

Consumers want their packages faster, but not every business has the kind of supply chain technology as Amazon or Walmart. That is, until now. Shipium was founded in 2019 by a group of former Amazon Prime and Zulily supply chain builders. In particular, Jason Murray, co-founder and CEO, was with Am