Salespeople live and die by commissions, which typically form a big chunk of how they are paid, so it’s no surprise that Salesforce paid a premium to buy […]
Faircado raises $3M to nudge people to buy pre-owned goods
Thrift shopping is always a gamble. That cool shirt could wash out sooner than later, and there’s no knowing where those rugged jeans have been. Sure, some stores […]
Patronus AI is off to a magical start as LLM governance tool gains traction
These days every company is trying to figure out if their large language models are compliant with whatever rules they deem important, and with legal or regulatory requirements. […]
Thoma Bravo’s LogRhythm merges with Exabeam in more cybersecurity consolidation
Private equity giant Thoma Bravo has announced that its security information and event management (SIEM) company LogRhythm will be merging with Exabeam, a rival cybersecurity company backed by […]
Sources: Mistral AI raising at a $6B valuation, SoftBank ‘not in’ but DST is
Investors are feverishly continuing to evaluate AI startups, and to try to avoid simply chasing a fad, they are paying extra-close attention to founders building what are typically […]
India’s Oyo, once valued at $10 billion, seeks new funding at 70% discount
Oyo, the Indian budget-hotel chain startup, is negotiating with investors to raise a new round of funding that could cut the Indian firm’s valuation to $3 billion or […]
Wiz raises $1B at a $12B valuation to expand its cloud security platform through acquisitions
Wiz, the buzzy startup building an all-in-one cloud security platform, is on an acquisition march to expand its business quickly en route to an IPO. Now, it has […]
When a startup is better off saying no to revenue
When you’re an early stage startup, you are clamoring for customers. It’s imperative that you start generating revenue as soon as possible because it is a metric that […]
Beehiiv attracts $32M to make its newsletter publishing platform more sticky
With the number of people using e-mail globally approaching 5 billion, newsletters delivered regularly into people’s inboxes continue to look like a sticky way of getting attention for […]
Xaira, an AI drug discovery startup, launches with a massive $1B, says it’s ‘ready’ to start developing drugs
Advances in generative AI have taken the tech world by storm. Biotech investors are making a big bet that similar computational methods could revolutionize drug discovery. On Tuesday, […]