altimeter capital

Personio nabs $200M at a $8.5B valuation as its HR for small businesses hits the big time

Personio — a startup out of Munich, Germany that styles itself as a Workday and ServiceNow focused on the small and medium businesses of the world — went on a funding tear through the COVI

Why software valuations could drop more if things don’t change soon

If you feel cloud and software stocks should not trade for less than their historical average, then you have cause to cheer. But is that a valid perspective?

How quickly do enterprise tech firms need to grow to satisfy today’s investors?

A half-dozen enterprise stocks reported earnings, but with the world in turmoil this week, the stock market gave them kind of a rough reception.

Workato storms to a $5.7B valuation after raising $200M for its enterprise automation platform

The race to automate the world of business is on, and today one of the bigger players in the market has picked up another major round of funding to meet that demand to speed up work, reduce some of th

Personio, an HR platform for SMEs, raises $270M on a $6.3B valuation, expands into workflow automation

HR technology has been thrown into the spotlight in the last 20 months: COVID-19 has changed the way we work, and so how we manage people in the world of work has had to change, too. Today, a Munich-b

Solo.io reaches $1B valuation with $135M Series C investment

When you think about service meshes, a somewhat esoteric cloud-native tool designed to stitch different microservices together, you might not think it’s the most lucrative side of the Kubernetes

Plaid raises $425M Series D from Altimeter as it charts a post-Visa future

Plaid, a unicorn that helps connect consumers’ bank accounts to financial applications, has raised a $425 million Series D, it announced this morning. TechCrunch understands that the new capital

Robotic process automation platform UiPath raises $750M at $35B valuation

UiPath, one of the leaders in the quickly growing robotic process automation (RPA) space, announced Monday that it has closed on $750 million in Series F funding at a staggering post-money valuation o

Cockroach Labs scores $160M Series E on $2B valuation

Cockroach Labs, makers of CockroachDB, have been on a fundraising roll for the last couple of years. Today the company announced a $160 million Series E on a fat $2 billion valuation. The round comes

Roblox raises at $29.5 billion valuation, readies for direct listing

Roblox is now one of the world’s most valuable private companies in the world after a monster Series H raise brings the social gaming platform a stratospheric $29.5 billion valuation. The compan

Lacework lands $525M investment as revenue grows 300%

As the pandemic took hold in 2020, companies accelerated their move to cloud services. Lacework, the cloud security startup, was in the right place at the right time as customers looked for ways to se

Transposit scores $35M to build data-driven runbooks for faster disaster recovery

Transposit is a company built by engineers to help engineers, and one big way to help them is to get systems up and running faster when things go wrong — as they always will at some point. Trans

Sutter Hill strikes ice-cold, $2.5B pre-market return with Snowflake’s IPO filing

Today is the day for huge VC returns. We talked a bit about Sequoia’s coming huge win with the IPO of game engine Unity this morning. Now, Sequoia might actually have the second largest return among

Cockroach Labs scores $86.6M Series D as scalable database resonates

Cockroach Labs, the NYC enterprise database company, announced an $86.6 million Series D funding round today. The company was in no mood to talk valuations, but was happy to have a big chunk of money

Cockroach Labs announces $55M Series C to battle industry giants

Cockroach Labs, makers of CockroachDB, sits in a tough position in the database market. On one side, it has traditional database vendors like Oracle, and on the other there’s AWS and its family

PayPal and Singapore’s Temasek invest $125M in Indian payment startup Pine Labs

Fresh from agreeing its largest acquisition to date with a deal to buy European payment firm iZettle for $2.2 billion, PayPal is on the investment hunt once again after it backed India’s Pine La

AppDynamics Raises $158M; Now Valued At $1.9 Billion

Last month, based on an SEC filing, we told you that seven-year-old, San Francisco-based AppDynamics had raised a fresh $83.4 million in funding as part of a round that was targeting up to $150 m

Snowflake Raises $45M Series C Round For Its Data Warehousing Service, Comes Out Of Beta

Snowflake, a novel data warehousing service that’s run by former Microsoft server and tools executive Bob Muglia, is coming out of beta today. In addition, the company today announced that it ha