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Eliyan raised a $40 million Series A round led by Tracker Capital, Intel, and Micron. Eliyan, a startup in Santa Clara, California, is making technology allowing chips to interconnect, is trying to address that problem and raised a $40 million Series A round on Tuesday led by Tracker Capital, Intel, and Micron. Since the semiconductor industry is long entrenched, Farjadrad knows convincing more big players to adopt Eliyan's technology will be important. "We created a lot of excitement in these companies," Farjadrad said. Read the 19-slide pitch deck Eliyan used to raise a $40 million Series A:
"I thought there has to be a secret to doing 3D modeling. She asked game developers how they would approach 3D modeling, thinking they'd have an answer from their experience rendering objects on a screen. It uses machine learning to turn drawings into digital 3D models. Kaedim's plan to take on 3D modeling in the metaverse and digital businessPsoma said that with the rise of the metaverse and digital spaces, the need for 3D modeling has only grown. For example, she said, retailers could use Kaedim's 3D-modeling software to digitize inventory and create online storefronts for customers to interact with.
HR tech startup Pastio just raised a $3.25 million seed round without a pitch deck. Pasito, an HR tech startup, just raised $3.25 million in seed funding on Monday led by Google and Y Combinator — and it did so without a pitch deck. That generated lots of interest from investors, and helped it stand out in a hot HR tech market, Roteta told Insider. The HR tech firm pulls data from across internal records and the US census to pair workers with health insurance and retirement plans. But Pasito enters a hot market for HR tech.
Jensen Huang, the CEO of Nvidia, pledged new raises and no layoffs in a recent email to employees. Insider analyzed hundreds of H-1B visa applications to see how much Nvidia pays different employees. The data does not include stock grants that can significantly increase total compensation, but it is a valuable guide to Nvidia salaries for a variety of positions. The highest-paid person in the data set is a distinguished engineer in California whom the company offered $320,000, while the lowest-paid person in the data is a public-relations specialist in California whom the company offered offered ​​$78,582. Here's a breakdown of what Nvidia pays many other employees.
Insider analyzed thousands of H-1B visa applications to see how much Intel pays employees. Though Intel doesn't share how much it pays employees, it is required to disclose salary offers in work-visa applications submitted to the US Office of Foreign Labor Certification. The data doesn't include stock grants, which can significantly increase total compensation, but it is a valuable guide to Intel salaries for a variety of positions. Insider dug through the thousands of disclosed salaries that represent engineers, managers, and more. Here's a breakdown of what Intel pays many other employees.
The cloud provider had given me a better offer financially, but I chose VMware because it offered me a dream job. It was an opportunity to work in a leadership role and VMware had a better culture from what I had seen. Ten days in, the news breaks about Broadcom buying VMware for $61 billion. This new role will be a great role, and it might be a steppingstone to another role within the company. Do you work at VMware or Broadcom and have an insight to share?
Analysts were skeptical of the Broadcom acquisition from the startFrom the get-go, Broadcom's plan to buy VMware seemed far-fetched. Read more:Customers and employees tell Insider the worst is yet to comeWork at VMware quickly lost meaning for employees under the threat of Broadcom's impending acquisition. Meanwhile, VMware customers are starting to feel the ripple effects. Since the Broadcom deal was announced, VMware employees have reported "aggressive" recruiter outreach from giants like Amazon Web Services, Google, and IBM. They told Insider about their plans to use the buyout to get closer to VMware customers.
Top VMware executives like CMO Carol Carpenter have left the cloud-computing firm recently. This comes as chip giant Broadcom plans a $61 billion buyout and employees leave in droves. Meet the seven executives who have left VMware in 2022 and the four who have joined. Broadcom, a semiconductor firm, announced its intention to purchase VMware, a cloud-computing firm, for $61 billion in May. Here are seven important executives who have left VMware and four who have joined since January 2022:
But some partners say they're optimistic and see an opportunity to cozy up to VMware customers. In fact, several VMware partners view the seismic buyout as an opportunity and hope to use it to their advantage. Even those who weren't as optimistic about Broadcom's takeover told Insider the 24-year-old company was in need of a shake-up. Why VMware partners are optimisticBefore the acquisition announcement, Broadcom told investors the firm was "totally focused on the priorities" of 600 top strategic accounts. "Broadcom is where good software goes to die," an employee from a VMware partner told Insider.
VMware's conference for customers, employees, and partners kicked off this week in San Francisco. Broadcom CEO Hock Tan made a surprise appearance at VMware's big annual conference, VMware Explore, which kicked off this week in San Francisco. Prior to the acquisition announcement, Broadcom told investors the firm is "totally focused on the priorities" of 600 top strategic accounts. "What typically happens with acquisitions like this is that innovation stops," an IT professional for a smaller VMware customer in the oil industry told Insider at the conference. Several smaller customers told Insider they're worried that when the buyout closed, they may be forced to switch to bigger vendors like Microsoft, despite preferring VMware services.
Karen Egan, VMware's vice president of global support, is leaving the company after 15 years. Another high-level executive has announced their departure from cloud computing firm VMware. In her role as senior vice president of global support, Egan oversees critical customer accounts and support escalations for all VMware clients. Contact the reporter Jessica Xing via the encrypted messaging apps Signal or Telegram at +1 (551)-280-9140, encrypted email (jessica.xing@protonmail.com) or at jxing@insider.com. Contact the reporter Jacob E. Robbins via the encrypted messaging apps Signal or Telegram at +1 (413)-717-0171, encrypted email (jacoberobbins@proton.me), or Twitter DMs (@JacobERobbins).
VMware employees are leaving the firm in droves after Broadcom announced its plans to buy the firm. Employees told Insider they received an "onslaught" of recruiter emails after the announcement. Days after the chip firm Broadcom announced a $61 billion deal to acquire the cloud-computing company VMware, recruiters could sense the malaise within VMware — and they pounced. Seven current and recent VMware employees said they'd been approached by recruiters in large volumes following the announcement of the acquisition. Unless I'm actively looking and applying for positions, I haven't been directly reached out to," the engineer told Insider.
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