Okta
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What happens to high-flying startups if the pandemic trade flips?
So much can change in a day. This morning, news that a trial COVID-19 vaccine candidate had an effective rate of more than 90% shook the financial world. The Pfizer vaccine is reportedly so effective, the company “will have manufactured enough doses to immunize 15 to 20 million people” by the end of the year,…
Stensul, a startup aiming to streamline the process of building marketing emails, has raised $16 million in Series B funding. When the company raised its $7 million Series A two years…
Kandji hauls in $21M Series A as Apple device management flourishes during pandemic
Kandji, a mobile device management (MDM) startup, launched last October. That means it was trying to build the early-stage company just as the pandemic hit earlier this year. But a…
Khosla Ventures, the eponymous venture firm helmed by longtime Silicon Valley rainmaker Vinod Khosla, is raising $1.1 billion for its latest venture fund, according to documents from the Securities and…
Okta adds new no-code workflows that use identity to trigger sales and marketing tasks
It seems that no-code is the tech watchword of the year. It refers to the ability to create something that normally would require a developer to code, and replace it…
The week’s biggest IPO news had nothing to do with Monday’s S-1 deluge
Welcome back to The TechCrunch Exchange, a weekly startups-and-markets newsletter. It’s broadly based on the daily column that appears on Extra Crunch, but free, and made for your weekend reading.…
As the pandemic creates supply chain chaos, Craft raises $10M to apply some intelligence
During the COVID-19 pandemic, supply chains have suddenly become hot. Who knew that would ever happen? The race to secure PPE, ventilators and minor things like food was and still…
EventGeek relaunches as Circa to help marketers embrace virtual events
EventGeek was a Y Combinator-backed startup that offered tools to help large enterprises manage the logistics of their events. So with the COVID-19 pandemic essentially eliminating large-scale conferences, at least…
Amid pandemic, returning to offices remains an open question for tech leaders
As COVID-19 infections surge in parts of the U.S., many workplaces remain empty or are operating with skeleton crews. Most agree that the decision to return to the office should…
Openpath’s security system for physical access gets a $36 million boost
Openpath, the developer of software-based security systems for office access, has raised $36 million in new financing as businesses try to find ways to make employees feel more comfortable about…
Onna, the ‘knowledge integration platform’ for workplace apps, raises $27M Series B
Onna, the “knowledge integration platform” (KIP) that counts Dropbox and Slack as backers, has raised $27 million in Series B funding. Leading the round is Atomico, with participation from Glynn…
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As SaaS stocks retrace highs, a glance at today’s cloud fundamentals
The domestic stock market is advancing today on the back of some better-than-anticipated economic recovery data in the United States. While retail spending is still lower compared to the year-ago period, gains in May from April were better than anticipated. The American stock market, ready to trade higher on any scrap of good news —…
SaaS earnings rise as pandemic pushes companies more rapidly to the cloud
As the pandemic surged and companies moved from offices to working at home, they needed tools to ensure the continuity of their business operations. SaaS companies have always been focused…
Okta COVID-19 app usage report finds it’s not just collaboration seeing a huge uptick
Okta released a special COVID-19 edition of its app usage report today, and you don’t need a Ph. D. in statistics to guess what they found. Indeed, Zoom surged 110%…
Okta hires ex-Symantec executive as new chief security officer
Identity giant Okta has hired its newest chief security officer, David Bradbury. Bradbury, a security veteran with more than two-decades of security experience who most recently served as chief security…
Ben Horowitz, a16z general partner, is leaving Lyft’s board
Ben Horowitz, the co-founder and general partner of venture capital firm Andreessen Horowitz, won’t seek re-election to Lyft’s board, according to a document filed with the U.S. Securities and Exchange…
Pandemic reset leads investors to focus on resilience, adaptability
For the vast majority of startup founders who were planning their capital raise in Q1 2020, the COVID-19 blow was so dramatic and sweeping, we cannot see all its effects…
Okta launches Lifecycle Management Workflows to make building identity-centric processes easy
Okta, the popular identity and access management service, today used its annual (and now virtual) user conference to launch Lifecycle Management Workflows, a new tool that helps IT teams build…
Cloud’s growth cycle isn’t behind us yet
Our goal is to get a handle on how two large, public SaaS players think about the world as they compete for growth and market share.
Box is now letting all staff work from home to reduce coronavirus risk
Box has joined a number of tech companies supporting employees to work remotely from home in response the outbreak of the novel coronavirus. It’s applying the policy to all staff, regardless…
There was a lot of moving and shaking in the cybersecurity unicorn world in 2019. It was a year that saw two of the biggest exits in cybersecurity history: CrowdStrike…
Good news for enterprise startups: SaaS helped kill the single-vendor stack
In the old days of enterprise software, when companies like IBM, Oracle and Microsoft ruled the roost, there was a tendency to shop from a single vendor. You bought the…
Last chance: Only a few tickets left to the Winter Party at Galvanize this Friday
This is it, startup fans. It’s your very last chance to scoop up the few remaining tickets to our 3rd Annual Winter Party at Galvanize — the best Silicon Valley startup…
Codility, a platform that helps tech recruiters and hiring managers asses candidates through online coding tests, today announced that it has raised a $22 million Series A round led by…
Persona raises $17.5M for an identify verification platform that goes beyond user IDs and passwords
The proliferation of data breaches based on leaked passwords, and the rising tide of regulation that puts a hard stop on just how much user information can be collected, stored…
The future of cybersecurity VC investing with Lightspeed’s Arif Janmohamed
There are two types of enterprise startups: those that create value and those that protect value. Cybersecurity is most definitely part of the latter group, and as a vertical, it…
Early-stage privacy startup DataGrail gets boost from Okta partnership
When Okta launched its $50 million Okta Ventures investment fund in April, one of its investments was in an early-stage privacy startup called DataGrail. Today, the companies announced a partnership…
End users tend to get a bad rap in the security business because they are often the weakest security link. They fall for phishing schemes, use weak passwords and often…
Get the word on product-market fit from leads at Instagram, Tinder, Uber and Okta at Disrupt SF
Every founder knows you gotta find market fit. Almost no one gets it right on the first try, which means iterating quickly and decisively is the difference between greatness and…
TechCrunch’s Enterprise event early-bird deadline extended: buy now & save $100
Even the most enterprising startup founders can suffer a bout of procrastination or last-minute decision making. We get it. That’s why we’re extending the early-bird deadline for TC Sessions: Enterprise…