Cribl raises $200M to help enterprises do more with their data
At a time when remote work, cybersecurity attacks and increased privacy and compliance requirements threaten a company's data, more companies are collecting and storing their observability data, but are being locked in with vendors or have difficulty accessing the data.
Enter Cribl. The San Fra
Bodo.ai secures $14M, aims to make Python better at handling large-scale data
Bodo.ai, a parallel compute platform for data workloads, is developing a compiler to make Python portable and efficient across multiple hardware platforms. It announced Wednesday a $14 million Series A funding round led by Dell Technologies Capital.
Python is one of the top programming languages us
Fitbit adds ECG and stress-level scanning to its Charge fitness tracker
Fitness band market share is undoubtedly contracting, thanks in no small part to the massive popularity of smartwatches. But 13.1 million overall shipments in Q1 2021 is nothing to sneeze at. People are still buying non-watch fitness trackers, due to their lower price and non-invasiveness.
Announce
Forward Kitchens cooks up $2.5M to transform existing kitchens into digital storefronts
Forward Kitchens was working quietly on its digital storefront for restaurants and is now announcing a $2.5 million seed round.
Raghav Poddar started the company two years ago and was part of the Y Combinator Summer 2019 cohort. Poddar told technewss he has been a foodie his entire life. Lately, h
Accel leads $18M Series A for Knoetic, a startup that wants to make HR professionals’ lives easier with software
Knoetic, a startup that has built a software analytics platform for chief people officers, emerged from stealth today with $18 million in Series A funding.
For the unacquainted, chief people officers are also known as heads of human resources, or HR.
Accel led the financing, which n
Headspace and Ginger are merging to form Headspace Health
Meditation app Headspace this morning announced plans to merge with on-demand mental health service Ginger. Barring unforeseen regulatory roadblocks, the two companies will combine to form Headspace Health. The new organization would sport a combined value of $3 billion and a headcount of more than
Last-mile robotic delivery firm Coco raises $36M
Los Angeles delivery robot startup Coco this week has announced $36 million in funding. The Series A was led by Sam Altman, Silicon Valley Bank and Founders Fund, with participation from Sam Nazarian, Ellen Chen and Mario Del Pero. It brings the company’s total funding up to around $43 millio
Myelin launches second venture fund to target North America, Europe, Latin America
Venture capital firm Myelin on Wednesday launched its second fund, Myelin II, that will invest in some 40 early-stage technology companies in North America, Europe and Latin America.
The firm was started in 2020 by serial entrepreneurs Matías Nisenson, Martin Varsavsky and Alec Oxenford, who lead
Final vote delayed for Korea's plan to ban Google and Apple in-app payment rules
As Apple and Google continue to face increasing scrutiny over the rules they set for how third-party apps in their app stores charge for services, a significant development in that story is going down in South Korea.
South Korea's parliamentary committee passed on Wednesday (25 August) a landma
Xiaomi reports record 64% revenue growth, acquires Deepmotion for $77.3 million
Xiaomi reported a second-quarter net income of $1.28 billion on revenue of $13.56 billion following the Chinese technology giant’s strong surge in smartphone market share globally.
During the quarter that ended in June, Xiaomi said it saw a 64% year-on-year growth in revenue, and its net inco
BreachQuest emerges from stealth with $4.4M to modernize incident response
BreachQuest, an early-stage startup with a founding team of cybersecurity experts building a modern incident response platform, has emerged from stealth with $4.4 million in seed funding.
The investment was raised from Slow Ventures, Lookout founder Kevin Mahaffey and Tinder co-founders Sean Rad an
MaxAB gets an extra $15M, acquires YC-backed Moroccan startup WaystoCap
Last month, MaxAB, the Egyptian B2B e-commerce platform that serves food and grocery retailers, raised one of the largest Series A on the continent, to the tune of $40 million. Today, it has raised a $15 million extension from existing investors — RMBV, IFC, Flourish Ventures, Crystal Stream
Vietnam after-school learning startup Marathon raises $1.5M pre-seed round
Marathon Education was created after its founders realized after-school education in Vietnam hadn't evolved much since they were kids. Some of the most popular tuition centers in big cities teach hundreds of students at once. “They're packed like sardines and that really has not changed i
Musk admits Full Self-Driving system ‘not great,’ blames a single stack for highway and city streets
It hasn’t even been a week since Tesla hosted its AI Day, a livestreamed event full of technical jargon meant to snare the choicest of AI and vision engineers to come work for Tesla and help the company achieve autonomous greatness, and already CEO Elon Musk is coming in with some hot takes a