Enterprise

As other startups slash spending and hoard cash, Databricks hits accelerator

We sat down with CEO Ali Ghodsi to discuss Databricks’ remarkable ability to run counter to the general malaise of the SaaS market this year.

Wire grabs fresh funding for secure messaging tech that’s big with G7 governments

More funding for European end-to-end encrypted messaging app, Wire: The enterprise-focused messaging platform told TechCrunch it closed a €24 million Series C round of funding led by growth equity f

Identifying underserved market segments with Ethena and Homebrew on TechCrunch Live

No one likes compliance training, but Ethena aims to improve the experience for everyone involved. Join Ethena’s CEO Roxanne Petraeus and Homebrew’s Hunter Walk on this TechCrunch Live event to he

Some frank advice for open source startups seeking product-market fit

Unlike most software companies, open source startups have two journeys for finding product-market fit: building a product that users can use for free, and then building features that they will pay for

Amazon launches AWS Private 5G so companies can build their own 4G mobile networks

Amazon’s cash-cow cloud division AWS has launched a new service designed to help companies deploy their own private 5G networks — eventually, at least. AWS first announced AWS Private 5G i

Samsung heir receives presidential pardon in a bid to ‘overcome economic crisis’

Samsung Electronics vice chairman Jay Y. Lee will receive a presidential pardon on Monday, South Korea’s Ministry of Justice said, paving the way for the heir to the country’s biggest comp

7 investors discuss why edtech startups must go back to basics to survive

Investors are preparing for a time of going heads down, helping their portfolio companies that want to prioritize growth instead of raising more capital, and rethinking their metrics of success.

Edtech isn’t special anymore, and that’s a good thing

Edtech is facing a reality check in the form of discipline. Investors explained that while the whole startup ecosystem is slower this year, edtech hasn’t escaped that trend.

Dropbase can help turn your messy spreadsheet into queryable SQL database

It’s not unusual for a tech company to be born by accident. Famously, Slack was created as a byproduct of a now defunct gaming company. Similarly, when Dropbase founders Jimmy Chan and Ayazhan Zhakh

SaaS startup Stimulus closes oversubscribed $2.5 million seed round

Her product is a hit with investors, the most notable of which include Morgan Stanley, The BFM Fund and Northwestern Mutual Futures Ventures.

Superblocks secures $37M to help companies build and maintain internal apps

The economic downturn prompted a hiring slowdown across the tech industry, forcing CTOs — and the teams that they manage — to do more with less. It’s particularly put the microscope

Farther, a wealth tech firm, banks $15M Series A as valuation hits $50M

Farther provides two sets of tools, one for advisors to expand their businesses and one for clients to invest in ways that align with their goals.

Launch price TC Sessions: Crypto tix going, going…

If blockchain, cryptocurrency, decentralized finance (DeFi) and web3 get your entrepreneurial motor running, do not miss our TC Sessions: Crypto daylong deep dive on November 17 in Miami. We have spec

Meta Portal owners can now use their devices as a second screen for PCs and Macs

Portal, the beleaguered brand of smart displays released in 2018 by Meta (then Facebook), is reportedly slated for a phase-out as the company refocuses the product line on the enterprise. Ahead of the

Not to jinx it, but SaaS valuations appear to be staging a recovery

We can infer from the data that not only are SaaS multiples recovering, but double-digit revenue multiples are back, baby!

Group of security companies launches open source project to ease data sharing

It’s long been known that security is not a problem that companies, even large corporations, can solve on their own. It takes a community working together to battle the kinds of problems that compan

FullStory secures $25M to help companies spot issues in their apps and websites

FullStory, which sells analytics tools for apps and websites, secured $25 million in new equity financing, paperwork filed with the U.S. Securities and Exchange Commission this week shows.  According

Cloud security startup Wiz reaches $100M ARR in just 18 months

Cloud security startup Wiz launched just two years ago. It released its first product about 18 months ago. In December the company announced a $550 million Series A on a $6 billion valuation. That’s

Nightfall raises cash for its AI that detects sensitive data across apps

Nightfall AI, a startup providing cloud data loss prevention services, today announced that it raised $40 million in Series B financing from investors including WestBridge Capital, Venrock, Bain Capit

Expedock cinches Series A to grow its freight paperwork management platform

Since the start of the pandemic, the global supply chain has undergone — and is undergoing — immense strain. As of late last month, there were more than 300 ships in China waiting to load
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