The company is growing at an incredible pace — 15 times in gross merchandise volume in just the last 30 days.
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What open source-based startups can learn from Confluent’s success story
Confluent’s approach of growing from open source to commercial product has worked out well — the company defied conventional wisdom and still ended up thriving.
Pentagon announces new cloud initiative to replace ill-fated JEDI contract
The Pentagon announced a limited request for bids for a new cloud initiative today that replaces the cancelled $10 billion, decade-long JEDI contract initiative. You may recall (or not) that it previously ran a winner-take-all bid it had dubbed JEDI (short for Joint Enterprise Defense Infrastructure). The new initiative goes by the much less catchy […]
Why Sabre is betting against multi-cloud
In January, Sabre, the travel technology company that probably managed at least some aspects of your last flight and hotel bookings, announced a 10-year partnership with Google Cloud that would see it spend about $2 billion on Google’s cloud platform over that time. Sabre, like so many companies of its size, has long operated its […]
Airwallex raises $100M at a $5.5B valuation to expand its business banking and payments platform globally
E-commerce and other online businesses are becoming increasingly global in their operations and customer bases, and a startup called Airwallex — which has built a banking solution that addresses the opportunity to provide cross-border financial services — has been seeing a massive surge of activity. To capitalize further on that opportunity, today the company is […]
AnyDesk, a maker of remote desktop software, raises $70M at a $660M+ valuation
Remote and hybrid working are the order of the day, and now a startup called AnyDesk that helps enable that to be pulled off smoothly — regardless of the architecture of a company’s network, or where a person happens to be working — is announcing a round of $70 million to fuel its growth. The […]
Seven years after last venture investment, Mixpanel scores $200M Series C
Mixpanel was a hot startup in 2014 when it nabbed a $65 million Series B on an $865 million valuation, a sizable B round and valuation for those days. Today, seven years after that announcement, the company finally has a C round, a $200 million investment on a $1.05 billion valuation from Bain Capital Tech […]
Monograph raises $20M Series B to help designers and architects manage their operations
Monograph, a startup providing a cloud-based platform for architecture and design professionals to manage their projects, announced today that it has raised $20 million in its Series B funding round. New investor Tiger Global led the round, with participation from Tishman Speyer and existing investors Index Ventures and Homebrew Ventures. The round brings Monograph’s total […]
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