Vorlon is trying to stop the next big API breach

Application programming interfaces (APIs) are the bedrock of everything we do online. APIs allow two things on the internet to talk with each other, including connected devices or phone apps. But the

Sprinto raises $20M to bring automation to security compliance management

Sprinto, a startup offering a security compliance and risk platform, has raised $20 million in new investment led by Accel.

Accel rethinks early-stage startup investing in India

By any benchmark, Accel is among the top venture firms in India. With nearly two dozen Indian unicorn startups, including several category leaders, Accel’s track record speaks for itself. Yet th

Nanonets gets Accel’s backing to improve AI-based workflow automation

Nanonets, a startup using AI to automate back-office processes, has raised $29 million in a new funding round led by Accel as it seeks to improve the accuracy of automation processes that involve larg

Ema, a ‘Universal AI employee,’ emerges from stealth with $25M

Generative AI well and truly has a grip on public technology discourse these days. A new startup called Ema out of San Francisco thinks it’s a lot more than just a passing fancy. It’s emer

Deal Dive: It’s time for VCs to break up with fast fashion

VCs have long supported fast-fashion companies but the controversies and lawsuits they draw makes them riskier investments.

Accel eyes new India fashion e-commerce bet with Newme

Accel, an early investor in Indian e-commerce giants Flipkart and Myntra, is preparing a new fashion e-commerce bet in India even as competition intensifies with the recent expansion of Mukesh Ambani&

India’s top VCs face fresh obstacles as startup investment plummets

High-flying venture investors in India managing hundreds of millions of dollars are tempering expectations, making early-stage startup bets that in best-case scenarios they hope will return 3-5x inves

Investors double down on Snaptrude in challenging legacy building design platforms

Snaptrude — a startup aiming to compete against traditional platforms in the architecture, engineering and construction (AEC) design sector, including Autodesk, Trimble and Nemetschek — with its m

There could be a simple reason why seed deals are so expensive today

It seems that as long as rapid revenue growth is possible in the earliest stages of startup life, valuations are going to be strong.

Viso eyes no-code for the future of computer vision and scores funding to scale

Computer vision has become commonplace across innumerable industries, but the methods of creating and controlling these visual AI models aren’t so easy. Viso is building a low/no-code end-to-end

Consumer payments startup Braid, backed by Index and Accel, shuts down

Braid, a four-year-old startup that aimed to make shared wallets more mainstream among consumers, has shut down. Founded in January 2019 by Amanda Peyton and Todd Berman (who left in 2020), San Franci

Accel leads $21M investment in UK care home marketplace Lottie

The U.K. care home sector was pegged as a £7.7 billion market in 2021, according to most recent estimates, yet capacity is shrinking at a time when the average age of the general population continues

Virgio’s fast-fashion dream is over

Fast-fashion startup Virgio, founded by former Myntra chief Amar Nagaram, is contemplating shutting down its operations less than a year after raising funds at a valuation of over $160 million, accord

Rainforest raises $8.5M to help software companies embed financial services, payments

In November 2019, Andreessen Horowitz General Partner Angela Strange famously declared that, “Every company will be a fintech company.” Specifically, Strange projected that — in the not-too-

Koo, India’s Twitter alternative, seeks strategic partner amid funding crunch

Koo, India’s alternative to Twitter, is looking to find a strategic partner with a “distribution strength” as it enters its “next phase,” according to its co-founder, ami

Walmart pays $3.5B to increase stake in India’s Flipkart

Walmart has spent $3.5 billion this year to acquire shares from certain Flipkart stakeholders and resolve liabilities with some PhonePe shareholders, illustrating just how aggressively it’s bett

Accel-backed Agave lets construction software talk to one another

A lot of the most popular construction software was developed 20 to 40 years ago and many systems don’t talk to each other. As a result, the information stored in them is fragmented, adding extra wo

Mukesh Bansal seeks over $100M valuation in new venture’s maiden funding

Mukesh Bansal of Indian fashion e-commerce giant Myntra and fitness platform fame is evaluating a new venture. Even though he hasn’t yet decided on his exact plans for the new offerings

Data security startup Cyera lands a $100M investment

A trend accelerated by the mass move to digital during the pandemic, enterprises are having to handle an increasing amount of proprietary data. According to one survey, the average company deals with
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