Monashees backs grain trading startup Tarken

Brazilian grain trading marketplace Tarken secured $3.5 million in a seed round, co-led by Monashees and Maya, to continue developing its technology that connects grain buyers and sellers and operates an artificial intelligence tool for commodity pricing. Joining them was Gilgamesh Ventures and ind

Yugabyte stores up $188M more for its open-source distributed SQL database model, now valued at $1.3B+

"speakable-summary" style="font-weight: 400;">Today’s world is run on data, and the amount of it that is being produced, managed and used to power services is growing by the minute — to the tune of some 79 zettabytes this year, according to one estimate. Today, a company called Yugabyte,

Gamma brings in $7M to bring the slide deck into the 21st century

Grant Lee has been living in slide decks for most of his career, but it wasn't until he was doing some advisory work last year that relied heavily on slides that he aimed to reimagine the format. “Slides were built for a different era of work,” he told technewss. “They were more of a vis

Abacus.ai snags $50M Series C as it expands into computer vision use cases

Abacus.ai wants to build an AI platform that simplifies machine learning model creation, while still leaving room for power users. Today the company announced a $50 million Series C. At the same time, it announced that the platform was expanding to include computer vision use cases. Tiger Global le

Here's what's happening today at TC Sessions: SaaS 2021

It's go-time, folks. Get ready to soak up the latest tech and investing trends, receive actionable tips and advice and see the future trajectory of software-as-a-service. TC Sessions: SaaS 2021 kicks off today, and while SaaS has been around for quite some time, its continued momentum is undeni

LinkedIn rolls out its freelance services marketplace globally after picking up 2M users in smaller US beta

LinkedIn, the Microsoft-owned platform for those connecting with others in their fields of work and those looking for work, has been known best in recruitment for sourcing candidates and advertising job openings for permanent work. Now, to complement that, LinkedIn is opening up a new front in the

Groopit announces $2M pre-seed to help execs access crowdsourced company data

Groopit, an early-stage startup from a 20-year Microsoft veteran, wants to help companies crowdsource data from information supplied by employees working in the field. Today, the company announced a $2 million pre-seed round led by Ascend.vc, with participation from a group of investors that includ

Biotech startup Shiru sprouting plant-based ingredients with new capital infusion

Protein biochemist Dr. Jasmin Hume was working in the alternative food space when she saw an opportunity to evolve technology so that our global food industry can reduce its reliance on animals. She started Shiru in 2019, and the company uses a “precision fermentation” process to create plant-b

Truepill's latest funding boosts valuation to $1.6B as it works on B2B side of healthcare

After developing a network of telehealth, diagnostics and pharmacies for consumers, digital health company Truepill is targeting healthcare incumbents like health payers, providers and employer groups. The new focus is buoyed by the close of its $142 million Series D funding round, led by an undisc

Fellow raises $24M; wants you to enjoy going to meetings again

As more people venture back into the office, meetings have become more hybrid, with people at both home and in the office. Fellow aims to help managers have productive meetings no matter how their teams meet. Fellow co-founder and CEO Aydin Mirzaee told technewss that unproductive meetings — you

ClickUp raises $400M at a $4B valuation to expand its all-in-one workplace productivity platform to Europe

Companies like Slack and Asana stormed into the world of tech to steal a march on incumbents like Microsoft in providing a new wave of point solutions to make it easier for workers respectively to chat with each other, plan projects and more. Now another startup is announcing a massive round of fun

Gluware raises $43M for ‘RPA’ tech that automatically detects and fixes anomalies in network configurations

Facebook’s network meltdown earlier this month — an outage that initially stemmed from a configuration error — was a huge pain for many users (and a big cost to Facebook). For enterprises, it also served as a poignant reminder about a salient fact of networks: The complexity and

How to root out shadow IT and maximize SaaS investments

Growing reliance on SaaS has opened the door to shadow IT: SaaS applications bought by individual employees without the knowledge or approval of their organization's IT department. While shadow IT can be an opportunity for innovation, if left unaddressed, it can lead to risks like duplicate sub

Salesforce’s Kathy Baxter and Amazon’s Nashlie Sephus talk keeping AI ethical at enterprise scale

AI and big data are an important part of most enterprise-scale companies now, but that very scale can make it difficult to employ them safely and ethically. Kathy Baxter at Salesforce and Nashlie Sephus at AWS have made ethical AI and data collection their business over the last few years, both sou