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Plural’s platform allows enterprises to manage their Kubernetes clusters in one place

Fundraising /

When Sam Weaver was vice president of product management at Unqork, he realized that the company needed a better way to manage its sprawling network of Kubernetes clusters — which are groups of computing nodes. When Unqork couldn’t find anything off the shelf, it assembled a 15-person team to build a Kubernetes management product. Despite […]

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a16z and Benchmark-backed 11x has been claiming customers it doesn’t have

Startups /

Last year, AI-powered sales automation startup 11x appeared to be on an explosive growth trajectory. However, nearly two dozen sources – including investors, current and former employees – tell TechCrunch that the company has experienced financial struggles, largely of its own making.  Numerous people in the U.S. and U.K. told TechCrunch that the situation has

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Fair-code pioneer n8n raises $60M for AI-powered workflow automation

AI /

Developer tooling is changing rapidly with AI. So companies that are making it easier to adopt AI in their workflows are seeing a boom of attention. After a startup called n8n (pronounced “enay-ten”) pivoted its workflow automation platform to become more AI-friendly in 2022, it said it saw its revenues increase 5X, doubling in the

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How a $6M bet on Wiz turned into a massive 200x return for one early backer

Security /

Wiz’s $32 billion all-cash acquisition by Google parent Alphabet promises a colossal payday for the cybersecurity startup’s early-stage investors. The deal is a big win for Sequoia, one of the best-known VC firms, which stands to make $3 billion, about 25x the money it invested in the company, Bloomberg reported. Despite substantial returns for Sequoia’s

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Data breach at stalkerware SpyX affects close to 2 million, including thousands of Apple users

Security /

A consumer-grade spyware operation called SpyX was hit by a data breach last year, TechCrunch has learned. The breach reveals that SpyX and two other related mobile apps had records on almost two million people at the time of the breach, including thousands of Apple users. The data breach dates back to June 2024 but

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A key DeepMind robotics researcher left Google and Nvidia has already backed his stealth startup 

Startups /

A senior research scientist at DeepMind who worked on robotics and AI has left Google to create his own robotics startup, called Generalist AI, and has already obtained investment from Nvidia, TechCrunch has learned. Pete Florence was listed as co-founder and CEO of Generalist AI at a panel at Nvidia’s GTC conference in San Jose

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In another good sign for fintech, Ribbit Capital is raising a new $500M fund

Fintech /

Ribbit Capital, a venture firm known for its fintech investments, is raising $500 million for a new fund, a filing with the U.S. Securities and Exchange Commission (SEC) revealed on Wednesday. The new capital appears to be a part of the Palo Alto-based venture firm’s latest flagship fund, titled Ribbit Capital Y, the SEC filing

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Hunted Labs lands $3M to find suspicious open source contributors

Startups /

Former NSA deputy director George Barnes has made his first investment as a venture capitalist for his new job at the VC incubation studio Red Cell Partners. It’s a $3 million seed deal in an open source cybersecurity startup called Hunted Labs, he told TechCrunch exclusively. Barnes spent his entire 35-year career at the spy agency,

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Mortgage as an employee benefit? Kleiner Perkins leads $23.5M Series A for Multiply Mortgage

Fintech /

After hitting record lows at the start of the pandemic, mortgage rates began to climb in 2022 and haven’t come down significantly since.  With 30-year mortgage rates hovering at over 6.5% today (they were as low as 2.49% in 2020!), buying a home is simply not that attainable for many people. One Denver-based startup is

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