Railsbank raises $70M to build out its fintech-as-a-service platform

Financial services as a service — where entities like neobanks, retailers and others can create and sell their own financial products by way of a few lines of code and APIs — has been one of the bigger trends in the world of fintech in recent years, with embedded finance on its way to b

Build a digital ops toolbox to streamline business processes with hyperautomation

Reliance on a single technology as a lifeline is a futile battle now. When simple automation no longer does the trick, delivering end-to-end automation needs a combination of complementary technologies that can give a facelift to business processes: the digital operations toolbox. According to a Mc

Javier Soltero, Google’s head of Workspace, will join us at TC Sessions: SaaS

When it comes to big SaaS products, few are bigger than Google Workspace (formerly known as GSuite). So it’s maybe no surprise that one of the first people we contacted to speak at our SaaS conference on October 27 was Google’s Javier Soltero. Today, Puerto Rico-born Soltero is Google&#

Marco Financial raises $82M in debt, equity seed round to support small Latin American exporters

Editor’s note: As of September 2021, Sabrina Teichman no longer works for Marco Financial. Small and medium-sized businesses in Latin America can find it difficult to get the funds they need to export their goods to the United States. It's a gap Marco Financial is looking to bridge throug

ZoomInfo drops $575M on Chorus.ai as AI shakes up the sales market

ZoomInfo announced this morning it intends to acquire conversational sales intelligence tool Chorus.ai for $575 million. Shares of ZoomInfo are unchanged in premarket trading following the news, per Yahoo Finance data. Sales intelligence, Chorus's market, is a hot space that uses AI to “l

Remote raises $150M on a $1B+ valuation to manage payroll and more for organizations’ global workforces

For many of us, going to work these days no longer means going into a specific office like it used to; and today one of the startups that’s built a platform to help cater to that new, bigger world of employment — wherever talent might be — is announcing a major round of funding on

Quantexa raises $153M to build out AI-based big data tools to track risk and run investigations

As financial crime has become significantly more sophisticated, so too have the tools that are used to combat it. Now, Quantexa — one of the more interesting startups that has been building AI-based solutions to help detect and stop money laundering, fraud and other illicit activity — h

Cloud security platform Netskope boosts valuation to $7.5B following $300M raise

Netskope, focused on Secure Access Service Edge architecture, announced Friday a $300 million investment round on a post-money valuation of $7.5 billion. The oversubscribed insider investment was led by ICONIQ Growth, which was joined by other existing investors, including Lightspeed Venture Partne

This early-stage marketing expert says ‘B2B SaaS is actually very, very cool now’

Doing more with less: This is what marketers get asked for when they join an early-stage startup. British consultant Lucy Heskins knows firsthand how overwhelming that can be, which is why her services can both replace and complement early in-house marketing staff. Either way, it often involves edu

3 analysts weigh in: What are Andy Jassy’s top priorities as Amazon’s new CEO?

It’s not easy following a larger-than-life founder and CEO of an iconic company, but that’s what former AWS CEO Andy Jassy faces this week as he takes over for Jeff Bezos, who moves into the executive chairman role. Jassy must deal with myriad challenges as he becomes the head honcho at

Rootly nabs $3.2M seed to build SRE incident management solution inside Slack

As companies look for ways to respond to incidents in their complex microservices-driven software stacks, SREs — site reliability engineers — are left to deal with the issues involved in making everything work and keeping the application up and running. Rootly, a new early-stage startup wants t

Dropbox is reimagining the workplace with Dropbox Studios

The pandemic has been a time for a lot of reflection on both a personal and business level. Tech companies in particular are assessing whether they will ever again return to a full-time, in-office approach. Some are considering a hybrid approach and some may not go back to a building at all. Amidst

The single vendor requirement ultimately doomed the DoD’s $10B JEDI cloud contract

When the Pentagon killed the JEDI cloud program yesterday, it was the end of a long and bitter road for a project that never seemed to have a chance. The question is why it didn’t work out in the end, and ultimately I think you can blame the DoD’s stubborn adherence to a single vendor r

Opaque raises $9.5M seed to secure sensitive data in the cloud

Opaque, a new startup born out of Berkeley’s RISELab, announced a $9.5 million seed round today to build a solution to access and work with sensitive data in the cloud in a secure way, even with multiple organizations involved. Intel Capital led today’s investment with participation by