Parsec raises $25M from a16z to power remote work and cloud gaming
Parsec, a startup that’s built streaming technology for both work and play, is announcing that it has raised $25 million in Series B funding.
This brings Parsec’s total funding to $33 million, according to Crunchbase. The round was led by Andreessen Horowitz, with the firm’s gener
Zenoti becomes a unicorn with $160 million funding round
Zenoti, a 10-year-old startup that develops services for the spa and salon industry, is the latest entrant to the coveted unicorn list.
The Bellevue, Washington-headquartered SaaS startup has raised $160 million in its Series D financing round that valued it at “well past $1 billion,” said Sudh
5 questions every IT team should be able to answer
Now more than ever, IT teams play a vital role in keeping their businesses running smoothly and securely. With all of the assets and data that are now broadly distributed, a CEO depends on their IT team to ensure employees remain connected and productive and that sensitive data remains protected.
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iCIMS acquires video recruiting startup Altru for $60M
Enterprise recruiting company iCIMS is announcing that it has acquired Altru.
ICIMS declined to comment on the terms of the deal, but a source with knowledge of the companies told us that the price is a combination of cash and stock, totaling around $60 million.
Founded in 2000, iCI
German Bionic raises $20M led by Samsung for exoskeleton tech to supercharge human labor
Exoskeleton technology has been one of the more interesting developments in the world of robotics: Instead of building machines that replace humans altogether, build hardware that humans can wear to supercharge their abilities. Today, German Bionic, one of the startups designing exoskeletons specif
Cledara, the SaaS purchase and management platform, raises $3.4M funding
Cledara, the SaaS purchase and management platform that helps bring greater viability and control over a company’s sprawling software subscriptions, has raised $3.4 million in additional funding.
The round is led by Nauta Capital, with participation from existing investor Anthemis. It comes o
Turing nabs $32M more for an AI-based platform to source and manage engineers remotely
As remote work continues to solidify its place as a critical aspect of how businesses exist these days, a startup that has built a platform to help companies source and bring on one specific category of remote employees — engineers — is taking on some more funding to meet demand.
Turing
UserLeap raises $16 million to bring better qualitative data to PMs
Product managers can only be successful if they can make effective use of both quantitative and qualitative data. But mapping the former to the latter, and collecting high-quality data, is a huge challenge to organizations looking to rapidly productize and innovate.
UserLeap, a company founded by s
Boast.ai raises $23M to help businesses get their R&D tax credits
Nobody likes dealing with taxes — until the system works in your favor. In many countries, startups can receive tax credits for their R&D work and related employee cost, but as with all things bureaucracy, that’s often a slow and onerous task. Boast.ai aims to make this process far
New Relic acquires Kubernetes observability platform Pixie Labs
Two months ago, Kubernetes observability platform Pixie Labs launched into general availability and announced a $9.15 million Series A funding round led by Benchmark, with participation from GV. Today, the company is announcing its acquisition by New Relic, the publicly traded monitoring and observ
Nutanix brings in former VMware exec as new CEO
Nutanix announced today that it was bringing in former VMware executive Rajiv Ramaswami as president and CEO. Ramaswami replaces co-founder Dheeraj Pandey, who announced his plans to retire in August.
The new CEO brings 30 years of industry experience to the position, including stints with Broadcom
Microsoft brings new process mining features to Power Automate
Power Automate is Microsoft’s platform for streamlining repetitive workflows — you may remember it under its original name: Microsoft Flow. The market for these robotic process automation (RPA) tools is hot right now, so it’s no surprise that Microsoft, too, is doubling down on it
Arthur.ai snags $15M Series A to grow machine learning monitoring tool
At a time when more companies are building machine learning models, Arthur.ai wants to help by ensuring the model accuracy doesn’t begin slipping over time, thereby losing its ability to precisely measure what it was supposed to. As demand for this type of tool has increased this year, in spi
HealNow raises $1.3 million to bring online payments to pharmacies
As the health tech landscape rapidly evolves, another startup is making its presence known. HealNow has closed a $1.3 million round of funding from SoftBank Opportunity Fund and Alabama Futures Fund.
The company was founded by Halston Prox and Joshua Smith. Prox has worked in healthcare for more th