Industry News
Dear Sophie: I live in Europe but want to move my startup to the US
“Dear Sophie” is a collaborative forum hosted by Extra Crunch and curated by Sophie Alcorn, who is certified as a specialist attorney in immigration and nationality law.
The $100M ARR club welcomes four new members
Hello and welcome back to our regular morning look at private companies, public markets and the gray space in between. Today we’re adding a few names to the $100 million annual recurring revenue (ARR) club. The new entrants come after we kicked off 2020 with a previous four new members. So far in January, we’ve […]
Shared inbox startup Front raises $59 million round led by other tech CEOs
Front is raising a $59 million Series C funding round. Interestingly, the startup hasn’t raised with a traditional VC firm leading the round. A handful of super business angels are investing directly in the productivity startup and leading the round. Business angels include Atlassian co-founder and co-CEO Mike Cannon-Brookes, Atlassian President Jay Simons, Okta co-founder […]
Where top VCs are investing in adtech and martech
Lately, the venture community’s relationship with advertising tech has been a rocky one. Advertising is no longer the venture oasis it was in the past, with the flow of VC dollars in the space dropping dramatically in recent years. According to data from Crunchbase, adtech deal flow has fallen at a roughly 10% compounded annual […]
Boeing partners with Tactical Robotics to develop VTOL tech
Boeing has signed a new agreement with Israel-based Tactical Robotics, an exploratory deal that will see the two companies work together jointly on “developing, producing and marketing” aircraft with vertical take-off and landing (VTOL) capabilities based on Tactical Robotics’ ‘Fancraft’ enclosed rotor technology. Already, the Urban Areonautics-owned Tactical Robotics has developed ‘Cormorant,’ an autonomous flying […]
TriggerMesh scores $3M seed from Index and Crane to help enterprises embrace ‘serverless’
TriggerMesh, a startup building on top of the open source Kubernetes software to help enterprises go “serverless” across apps running in the cloud and traditional data centers, has raised $3 million in seed funding. The round is led Index Ventures and Crane Venture Partners. TriggerMesh says the investment will be used to scale the company […]
Descartes Labs launches its new platform for analyzing geospatial data
Descartes Labs, a well–funded startup based in New Mexico, provides businesses with geospatial data and the tools to analyze it in order to make business decisions. Today, the company announced the launch of its Descartes Labs Platform, which promises to bring its data together with all of the tools data scientists — including those with […]
ServiceNow acquires Loom Systems to expand AIOps coverage
ServiceNow announced today that it has acquired Loom Systems, an Israeli startup that specializes in AIOps. The companies did not reveal the purchase price. IT operations collects tons of data across a number of monitoring and logging tools, way too much for any team of humans to keep up with. That’s why there are startups […]
Thundra announces $4M Series A to secure and troubleshoot serverless workloads
Thundra, an early stage serverless tooling startup, announced a $4 million Series A today led by Battery Ventures. The company spun out from OpsGenie after it was sold to Atlassian for $295 million in 2018. York IE, Scale X Ventures and Opsgenie founder Berkay Mollamustafaoglu also participated in the round. Battery’s Neeraj Agarwal is joining […]