Cyberattacks are on the rise, and the victims are high-profile. According to a KPMG survey, close to half of companies with $1 billion or more in annual revenue recently suffered a security breach. Surprisingly, an overabundance of security tools may be contributing to the problem. In a separate poll, 43% of businesses said their teams […]
Tuskira unifies and optimizes disparate cybersecurity tools Read More »
Veeam, which helps its users secure and recover their data, has seen its valuation spike in a recent secondary sale that was aimed at bolstering the company’s cap table before an eventual IPO. The Insight Partners-backed company said on Tuesday it had raised $2 billion in a secondary share sale that valued it at $15
Data resilience firm Veeam scores $15B valuation in $2B secondary sale Read More »
In this hyperconnected world we live in, it’s easier than ever to send feedback to the companies we patronize. But just because businesses offer more ways to get in touch doesn’t mean they’re poring over every comment. According to a 2020 survey from Productboard, 90% of companies fail to successfully capture feedback from all channels
Product teams often have tons of screen recordings and screenshots that end up unused. Video production using those screen recordings has been time-consuming and expensive. That’s why two former Microsoft employees started to build Lica, which is an AI tool that easily creates tutorials and product videos out of screenshots and screen recordings. The startup was
Ex-Microsoft employees get $4M from Accel to build an AI tool for product presentations Read More »
Had Yurts founder Ben Van Roo’s eyes been better, he might’ve followed in his family’s footsteps and joined the Air Force. “My whole family was in the Air Force. All of them are pilots,” he said, admitting later that, “my vision wasn’t quite there.” Instead, he’s helping the military in a very Silicon Valley way:
Yurts raises $40 million to be the DoD’s AI Chatbot Read More »
Sometimes, the easiest way to find a great idea for a startup is to look beyond the current problem you’re solving for your customers. That’s exactly what worked for the founders of KPay. Davis Chan and his co-founders previously helped small and medium-sized merchants optimize their revenue and traffic in Asia, but they eventually noticed
KPay, a financial management platform for SMEs, raises $55M Series A Read More »
Nebius, the publicly-traded European AI infrastructure company formerly known as Yandex N.V., has raised $700 million in financing to power its U.S. expansion. The financing included “dozens of very well known investors,” Nebius CEO Arkady Volozh (pictured above) told TechCrunch in a press briefing today. While all the names will be revealed when the paperwork
European AI infrastructure company Nebius nabs $700M from Nvidia, Accel, others Read More »
Welcome to Startups Weekly — your weekly recap of everything you can’t miss from the world of startups. Want it in your inbox every Friday? Sign up here. With only so many days left in the year, there was plenty of startup news to round up since last Friday, despite a short workweek in the
As the year draws to a close, startups don’t pause Read More »
Zomato has raised $1 billion through a so-called qualified institutional placement, completing its first major fundraise since its 2021 IPO. The $30 billion food delivery and quick-commerce giant, which leads both those categories, issued approximately 336.5 million shares at ₹252.62 each ($3), according to a stock exchange filing on Friday. The placement, which opened on
Zomato raises $1 billion in first major fundraise since 2021 listing Read More »
Helping consumers find the perfect glasses is a booming global business, spawning giants like Warby Parker in the U.S. and Lenskart in India. In the Middle East, this market is producing its own rising powerhouse: Eyewa. Eyewa, based in Dubai and Riyadh, sells a wide range of eyewear products, including prescription glasses, sunglasses, blue light
