Enterprise

Meta lays off employees across multiple teams

Multiple teams at Meta were hit by layoffs on Wednesday, the company confirmed in a statement to TechCrunch, noting these changes were made to reallocate resources within the company. The layoffs appear to have hit employees working on Threads, recruiting, legal operations, and design, among other teams, according to social media posts announcing the layoffs […]

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Long careers in luxury fashion led to a $17M raise for this supply chain platform

The retail sector needs Inventory planning to maintain margins and meet demand. This is getting harder because there are now many distribution channels, more complex supply chains, and shorter sales cycles. Mid-market retailers and premium brands have less firepower than the retail giants and tend to rely on legacy software. Founded in 2020, Autone aims

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Support automation firm Capacity grows with new cash and acquisitions

David Karandish has been busy. Capacity, his support automation company, was planning a $5 million “bridge round” to help the company reach the break-even point. But TVC Capital, Toloka.vc, and the venture’s other backers had something grander in mind. So they threw in an additional $21 million for what became Capacity’s $26 million Series D.

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Cato Networks adds a Digital Experience Monitoring service to its SASE platform

Since it was founded in 2015, Cato Networks has evangelized the concept of a Secure Access Service Edge (SASE) platform that combines many of the features of software-defined networking, modern network security tools, and endpoint protection into a single service backed by a global private network. The promise here is that instead of managing dozens

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After selling his last AI startup to Meta, Beyond Presence’s founder nabs $3.1M to build realistic avatars

Computer vision applications are getting a huge boost from advances in smartphones combined with AI that helps fill in the gaps of what everyday devices cannot see. Using these tools, a startup out of Munich called Beyond Presence believes it holds the keys to what is coming next: Hyper-realistic avatars that look and sound exactly

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How do you solve a problem like MariaDB? Cozy up to the community, says new CEO

The new CEO of MariaDB (Plc) says he wants closer-knit collaboration with the foundation behind the eponymous open source database project. He cites the corporation’s newfound stability from its recent acquisition by a private equity firm as to why it should now be able to get on a firmer footing. It has been a turbulent

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