DIRS.INFO top alerts submit data jurnalism about API
login
Top related persons:
— - 11 it's - 5 they're - 4 Glean - 4 Jain - 4 Das - 4 Jai Das - 4 Kleiner Perkins - 3
Top related locs:
San Francisco Glean Seattle OpenAI Los Angeles Bay Jaipur Indian
Top related orgs:
Sapphire Ventures - 16 Service - 10 Google - 6 Business - 6 DST Global - 3 Microsoft - 3 Capital - 3 Nvidia - 3

Search resuls for: "Sapphire Ventures"


25 mentions found


☆ How Women Are Building Community to Succeed in the AI Space.
  + stars: | 2024-11-05 | by ( Samantha Stokes | ) www.businessinsider.com   time to read: +8 min
But others building startups report facing various gender-related obstacles to success, including bias in the fundraising process, limited mentorship opportunities, and difficulty building meaningful business relationships with men. And recent data from the UK shows that only about 4% of AI startups in the country have women founders. Developing relationships with other women working in the AI space has become a vital lifeline, she said. There were plenty of women interested in building AI companies, she said. AdvertisementThis observation was the catalyst for the Female Founder Circles, a community for women engineers interested in building AI startups.
Persons: Saumya Bhatnagar, Bhatnagar isn't, Fei Fei Li, Daniela Amodei, Mira Murati, it's, Bhatnagar, she's, I'm, Vivien Ho, Ho, they're, Forbes, Rejpal, Rajpal, Stephanie Guo, Guo Organizations: Deloitte, Bay Area, FFC, Pear, Zetta Venture Partners, Bloomberg Beta, GitHub, Sapphire Ventures Locations: Bay, San Francisco
☆ Meet Glean, the enterprise AI search company that's so powerful Sam Altman deemed it a threat to OpenAI
  + stars: | 2024-10-31 | by ( Sri Muppidi | ) www.businessinsider.com   time to read: +10 min
Among them are Anthropic, Elon Musk's xAI, OpenAI cofounder Ilya Sutskever's Safe Superintelligence, and AI search startup Perplexity. The last of the five rivals, and perhaps the least well-known, is Glean, an enterprise search assistant. Founded in 2019 by Rubrik cofounder and ex-Googler Arvind Jain, Glean helps corporate workers find information across their companies' tools and data. Related Video Sam Altman moves to Microsoft after OpenAI fires him as CEOThe company enables AI search by integrating apps like Slack and Dropbox and powering search across their company's universe of data. AdvertisementBesides enterprise search, Glean also has an AI assistant that generates answers based on search results, such as summarizing the day's Slack messages or synthesizing multiple documents.
Persons: Glean, Jain, —, Sam Altman, Elon Musk's, Ilya Sutskever's, Googler Arvind Jain, Kleiner Perkins, Deedy Das, Larry Page, Das, Bipul Sinha, Rubrik, Mamoon Hamid, Vishwanath, Tony Gentilcore, Piyush Prahladka, …, Arvind, Hamid, Paul, Rajeev Dham, they're, Slack, Altman, It's Organizations: Google, Service, Elon Musk's xAI, DST Global, Sapphire Ventures, Sequoia, Microsoft, Sony Electronics, Entrepreneurship, Indian Institute of Technology, IIT, Menlo Ventures, IIT Delhi, University of Washington, Akamai Technologies, Technology, YouTube, Kleiner Locations: Jaipur, Indian, IIT Delhi, India, Glean, Seattle
☆ Cloud API startup Kong valued at around $2 billion in a new funding round led by Tiger Global
  + stars: | 2024-10-09 | by ( Ben Bergman | Sri Muppidi | ) www.businessinsider.com   time to read: +2 min
The startup is valued at around $2 billion in a new funding round led by Tiger Global Management, sources say. AdvertisementKong, which offers cloud-based application programming interfaces, is valued at around $2 billion in a new funding round led by Tiger Global Management, according to two sources familiar with the matter. Tiger Global declined to comment. Kong last raised $80 million in Series D funding in 2020, which valued the startup at $1.4 billion. Sapphire Ventures, Lombardstreet Ventures, Index Ventures, CRV, Andreessen Horowitz, and Notable Capital also participated in that round.
Persons: Kong, Tiger, —, Andreessen Horowitz, Goldman Sachs, Augusto, Aghi, Marietti, Marco Palladino Organizations: Kong, Tiger Global Management, Service, Tiger, Sapphire Ventures, Lombardstreet Ventures, Index Ventures, CRV, Capital, PayPal, Nasdaq, Volvo
☆ Cloud-API startup Kong valued at around $2 billion in a new funding round led by Tiger Global
  + stars: | 2024-10-09 | by ( Ben Bergman | Sri Muppidi | ) www.businessinsider.com   time to read: +2 min
It's valued at about $2 billion in a new funding round led by Tiger Global Management, sources say. AdvertisementKong, which offers cloud-based application programming interfaces, was valued at about $2 billion in a new funding round led by Tiger Global Management, two people familiar with the matter said. Tiger Global declined to comment. Kong last raised $80 million in Series D funding in 2020, which valued the startup at $1.4 billion. Sapphire Ventures, Lombardstreet Ventures, Index Ventures, CRV, Andreessen Horowitz, and Notable Capital also participated in that round.
Persons: Kong, Tiger, —, Andreessen Horowitz, Goldman Sachs, Augusto, Aghi, Marietti, Marco Palladino Organizations: Tiger Global Management, Service, Kong, Tiger, Sapphire Ventures, Lombardstreet Ventures, Index Ventures, CRV, Capital, PayPal, Nasdaq, Volvo
☆ OpenAI turmoil is a bad look for its huge funding round, VCs say. 'I would vote with my feet.'
  + stars: | 2024-09-26 | by ( Darius Rafieyan | Ben Bergman | Melia Russell | ) www.businessinsider.com   time to read: +9 min
OpenAI is said to be closing a funding round that could value the company at as much as $150 billion. "Kushner is betting the ranch on OpenAI and Sam Altman just as Masa Son pledged 40% of his Vision Fund on Yahoo and Jerry Yang. "Second, Sam Altman has proven himself to be one of the greatest tech founders of this generation. Sam Altman has said that AI superintelligence could be a reality within "a few thousand days ." "Everybody wants Sam Altman at the helm, and they're willing to do anything to keep him as the CEO.
Persons: OpenAI, —, Sam Altman, ChatGPT, Mira Murati, Bob McGrew, Barret Zoph, Murati's, John Schulman's, Joe Aaron, Aaron, Capital's Josh Kushner, Kushner, Masa Son, Jerry Yang, Jerry Yang wasn't, Jai Das, Goldman Sachs, who's, Altman, they've, Ben Narasin, They're Organizations: Service, Research, Post, Reuters, Nvidia, Apple, Fund, Yahoo, Sapphire Ventures, Venture Locations: Silicon, UAE, OpenAI
☆ The hottest AI startups are raising back-to-back funding rounds. Suddenly, it's feeling very 2021 in Silicon Valley for a chosen few.
  + stars: | 2024-09-20 | by ( Ben Bergman | Melia Russell | ) www.businessinsider.com   time to read: +11 min
Read previewIn February, Glean announced a $200 million funding round valuing the AI enterprise software startup at $2.2 billion. AdvertisementThe transaction is the latest in a string of dizzying back-to-back funding rounds at ever-higher valuations for a handful of AI startups that stand in stark contrast to the doldrums of the overall market for startups. Earlier this year, Sakana raised $30 million in a seed funding round led by Lux Capital. Slingshot AI, which has built an automated mental health counselor, also raised separate rounds of funding just months apart. Advertisement"VCs are increasingly faced with frequent requests from their hot AI companies to follow on or double down on investments," said Iris Sun, an investor at 500 Global.
Persons: —, Glean, Arvind Jain's inbox, Jain, Steve Brotman, Perplexity, SoftBank, Sakana, Gregg Hill, that's, Matt Murphy, Dario Amodei, Kimberly White, Murphy, I'd, I've, Jenny Chang, Rodriguez, Jai Das, Rajeev Dham, couldn't, Das, Sapphire, Uber, Iris Sun, Chandrasekar Organizations: Service, Business, DST Global, Alpha Partners, Bloomberg, Google, New Enterprise Associates, Khosla Ventures, Lux Capital, Parkway Venture Capital, Menlo Ventures, Getty, Sapphire Ventures, Investments Locations: Tokyo
☆ AI-powered search startup Glean doubles valuation in new funding round led by Altimeter
  + stars: | 2024-09-10 | by ( Riley De León | ) www.cnbc.com   time to read: +2 min
AI-powered search startup Glean said Tuesday it has raised $260 million in a funding round that values the tech company at $4.6 billion — more than double its last reported valuation. Glean competes with a herd of well-financed generative AI startups and tech giants, attempting to compete with Microsoft Copilot and chatbot Amazon Q. Glean's Series E round, led by Altimeter and DST Global, includes Craft Ventures, Sapphire Ventures, and SoftBank Vision Fund 2, all new investors in the company. Founder and CEO Arvind Jain started Glean in 2019 with other former Google engineers as an enterprise search engine. The company soon transitioned to generative AI.
Persons: Arvind Jain, Glean, Catalyst, Kleiner Perkins, Jain Organizations: CNBC, Glean, Microsoft, DST Global, Craft Ventures, Sapphire Ventures, Latitude, Lightspeed Venture Partners, Sequoia Capital, IDC Locations: Lisbon, Portugal, Palo Alto , California
☆ For young, promising venture capitalists, the path to partner has suddenly become much steeper
  + stars: | 2024-08-26 | by ( Melia Russell | Sri Muppidi | ) www.businessinsider.com   time to read: +8 min
Let's make a dealThere's no one way to get promoted in venture capital. Amanda "Robby" Robson became a partner at Cowboy Ventures at 29 years old, making her the youngest partner in the firm's history. Network your way to a promotionFundraising for venture firms has become increasingly competitive, with dollars concentrated into fewer legacy funds. Firms might be faster to hire or promote young investors who land deals in the desired category. The next day, the fund promoted him to senior associate and Brenner made it LinkedIn-official.
Persons: —, Dan Miller, Abigail Johnson, Michael Larsen, It's, Clara Brenner, Larsen, Amanda, Robby, Robson, Jill Chase, Chase, Miller, " Miller, Johnson, Jenieri Cyrus, Julie Lein, Brenner, Cyrus Organizations: Service, Business, True, Sapphire Ventures, Cambridge Associates, Urban Innovation Fund, Investors, Google, Cowboy Ventures, TechCrunch, intel, Urban, Northwestern Kellogg, LinkedIn Locations: Northwestern
☆ We asked 9 top VCs what they're most excited about in AI and what they're sick of. Here's what they told us.
  + stars: | 2024-06-26 | by ( Samantha Stokes | Riddhi Kanetkar | Sri Muppidi | ) www.businessinsider.com   time to read: +10 min
But, not all AI startups are created equal. AdvertisementBusiness Insider surveyed nine VCs who invest in AI startups at firms like Bain Capital Ventures, Flybridge, and Sapphire Ventures. Startups building AI's "picks and shovels" are a better bet than yet another LLMStep aside, OpenAI and Anthropic. In contrast, unstructured data encompasses various formats such as text documents, images, audio files, emails, social media posts, and videos. Some AI investors say they're shying away from point solutions—think online payment processing or project management—in favor of full-stack solutions.
Persons: —, Harvey, Navin Chaddha, Chip Hazard, they're, Kahini Shah, there's, Rak Garg, Garg, Shah, Lauri Moore, Moore, Chaddha, Capital's Moore, she's Organizations: Service, Accel, Business, Bain Capital Ventures, Flybridge, Sapphire Ventures, Google, Meta, Mayfield Fund, Flybridge Capital Partners, Obvious, Investors, Obvious Ventures, Foundation, Dig Ventures Locations: Mayfield, Hazard, Flybridge
☆ AI e-commerce startup Constructor lands $25 million Series B led by Sapphire Ventures without actively fundraising. See the deck it used.
  + stars: | 2024-06-17 | by ( Madeline Stone | ) www.businessinsider.com   time to read: +2 min
download the appSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Finkelshteyn, who is Constructor's CEO and cofounder, said he told Dham he didn't have a formal pitch deck prepared. I was never much good at pitching investors and hadn't done it in years, so figured I'd probably get some good practice and some good feedback," Finkelshteyn told Business Insider. Sapphire led Constructor's $25 million Series B, which also included participation from existing investor Silversmith Capital Partners. E-commerce companies use Constructor's tech to serve customers search results based on their browsing history.
Persons: —, Eli Finkelshteyn wasn't, Rajeev Dham, Finkelshteyn, Dham, I'd, Sapphire, we've, there's Organizations: Service, Sapphire Ventures, Business, Capital Partners
☆ This defense-tech startup bootstrapped its way to nearly $30 million in revenue. Now, it has another $35 million from Sapphire Ventures.
  + stars: | 2024-03-07 | by ( Melia Russell | ) www.businessinsider.com   time to read: +4 min
Now, Defense Unicorns, a startup that creates open-source software for national security systems, has announced it raised $35 million in a round of funding led by Sapphire Ventures and Ansa Capital. The world of open-source software for the military is small, making the opportunity much greater. TestifySec, a tiny startup building open-source software for the Department of Homeland Security, raised a $6 million seed round last fall. This year, Defense Unicorns says it will use the initial round of funding to go on a hiring spree. Defense Unicorns will compete for talent in artificial intelligence with tons of other startups.
Persons: —, Jai Das, Rob Slaughter, Das, siphoning, Slaughter, it's, Lockheed Martin Organizations: Service, Sapphire Ventures, Unicorns, Business, Defense Unicorns, Ansa, Department of Defense, Air Force, Lockheed, Department of Homeland Security Locations: Chicago
☆ '2024 will be the year of the zombie VC reckoning.' The first wave of dying venture firms is here and it's already causing headaches for tech founders.
  + stars: | 2024-03-04 | by ( Ben Bergman | ) www.businessinsider.com   time to read: +10 min
AdvertisementUnlike other businesses, venture firms do not suddenly go out of business. Why it is so difficult to spot a dying fundOpenView Venture Partners announced in December it was suspending new investments and laying off staff. With the help of Pitchbook, BI looked through data for hundreds of venture firms. Hinge last raised a $19 million fund in 2021 but has not made an investment since November 2022, according to Pitchbook. Do you know of a venture firm no longer actively investing?
Persons: —, VCs, Anna Barber, they'll, they're, Roy Bahat, Brian Brackeen, they're reallocating, Beezer Clarkson, Clarkson, Jake Saper, Bahat, Jordan Fudge, Zachary White, Carlos Adame, Fudge, We're, Paul Weinstein, Weinstein, Cofounders Ryan Swager, Brandon Zeuner, Louie, Alsop Louie Partners, Partners Gilman Louie, Stewart Alsop, Jason Preston, Partners Tyler Peterson, Mike Morgan, Robert Patterson, DEFTA, George Hara, Martin Gedalin, Kevin Ober, Hone, Ben Bergman Organizations: Service, Business, Bloomberg Beta, Lightship, Sapphire Partners, BI, Sapphire Ventures, Venture Partners, Foundry Group, Sinai Ventures, Sinai Capital Partners, Capital, San, Louie Partners, Partners, Ventures Peninsula Ventures, LinkedIn Locations: Los Angeles, San Francisco, San Mateo , California, Seattle, Alto, bbergman@insider.com
☆ AI startup Glean lures Citigroup as investor at $2.2 billion valuation after revenue quadruples
  + stars: | 2024-02-27 | by ( Jordan Novet | ) www.cnbc.com   time to read: +3 min
Arvind Jain, co-founder and CEO of Glean, makes a selfie with employees of the startup, which is based in Palo Alto, Calif. Artificial intelligence startup Glean attracted tech companies Databricks and Workday into its latest investment round. Glean, whose software sifts through corporate repositories to provide quick answers to workers' questions, said Tuesday that it's raised $200 million at a $2.2 billion valuation. Glean's annualized revenue at the end of January was $39 million, up from $10 million a year earlier. While Glean initially targeted the tech industry, it's now looking to expand in financial services, retail, manufacturing and other sectors, Jain said.
Persons: Arvind Jain, it's, Kleiner Perkins, Arvind Purushotham, OpenAI, Jain, Glean, Purushotham, Citi hasn't, Cathy Gao Organizations: Wall, Banking, Citigroup, Lightspeed, Sequoia, Citi Ventures, CNBC, Microsoft, Google, Sony Electronics, Citigroup's, Citi, Nvidia, Sapphire Locations: Palo Alto, Calif, LLMs, OpenAI, Glean
☆ Nvidia is the bellwether for generative AI demand, says Sapphire Ventures' Cathy Gao
  + stars: | 2024-02-22 | by ( ) www.cnbc.com   time to read: 1 min
In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailNvidia is the bellwether for generative AI demand, says Sapphire Ventures' Cathy GaoCathy Gao, Sapphire Ventures partner, joins 'Squawk Box' to discuss Nvidia's quarterly earnings results, what it means for the AI ecosystem at large, and more.
Persons: Cathy Gao Cathy Gao Organizations: Nvidia, Sapphire, Sapphire Ventures
☆ Paper, the online tutoring unicorn, just had a second round of layoffs. The cuts come a year-and-a-half after raising $270 million in Series D funding.
  + stars: | 2023-08-02 | by ( Madeline Renbarger | ) www.businessinsider.com   time to read: +3 min
Paper, an edtech unicorn focused on online tutoring for K-12 students, has laid off staff. The cuts come as edtech startups are facing increasing pressure amid a downturn. The Canadian online tutoring startup Paper has laid off 106 employees, or 4% of staff, Insider has learned. Unlike other online tutoring companies, the bulk of the startup's online tutors are categorized as employees, not contractors, according to Paper's website. Other prominent edtech startups including Byju's, GoStudent, and Degreed have also cut jobs in the past year.
Persons: Slack, we've, Cutler Organizations: Employees, SoftBank Investment, Sapphire Ventures, Los Angeles Unified Locations: Canada, Los Angeles
☆ REUTERS MOMENTUM Sapphire Ventures plans to invest over $1 billion in enterprise AI startups
  + stars: | 2023-07-11 | by ( Krystal Hu | Thomson Reuters | Krystal Reports On Venture Capital | ) www.reuters.com   time to read: +2 min
July 11 (Reuters) - Sapphire Ventures plans to invest over $1 billion in AI enterprise startups, doubling down on the technology's adoption by companies across the world, its president Jai Das said at the Reuters MOMENTUM conference in Austin on Tuesday. The $1 billion in capital will come from Sapphire's existing funds, which have $10 billion under management and about $3 billion waiting to the deployed. The majority will be a direct investment in AI startups, while some capital will also go to early-stage AI-focused venture funds through its limited partner fund. Over $40 billion has been invested into AI startups in the past six months, accounting for nearly a quarter of overall startup funding, according to PitchBook data. With headquarters in Austin, Texas, Sapphire has invested in AI-powered enterprise startups including Clari and DataRobot.
Persons: Jai Das, it's, Sapphire, Das, Krystal Hu, David Evans, Deepa Babington Organizations: Sapphire Ventures, Thomson Locations: Austin, Austin , Texas
☆ Exclusive: How this under-the-radar VC landed a $27 million third fund and bets in some of the buzziest startups like Jasper and Motherduck
  + stars: | 2023-06-21 | by ( Stephanie Palazzolo | ) www.businessinsider.com   time to read: +5 min
Essence VC has raised its third fund of $27 million from LPs like Cendana and Sapphire Ventures. The fund has bet on buzzy startups like generative AI darling Jasper and a16z-backed Motherduck. And now, his firm Essence VC has just raised its $27 million third fund. The latest fund, backed by VC firms and funds of funds including Cendana Capital, Vintage Investment Partners, Sapphire Ventures, Level Ventures, and Crossover, follows a $7 million and $1 million fund. However, the "first-mover advantage" for startups also holds true in the land of VC, Chen says.
Persons: Jasper, Tim Chen, you've, Liz O'Sullivan, Vera, Chen, Scott Shi, —, Chi Zhang, Tim, Zhang, funder Chen, Christos Kozyrakis, Michael Huang, They're, it's, Ben Van Roo, Van Roo, Chen wasn't Organizations: Sapphire Ventures, Cendana, Vintage Investment Partners, Level Ventures, Founders, Stanford, Cloudera, Google Locations: a16z
☆ Leaders like Elon Musk want to pause AI development, but the power of the free market means it's impossible to stop
  + stars: | 2023-04-03 | by ( Emilia David | ) www.businessinsider.com   time to read: +5 min
Elon Musk and other business leaders signed a letter urging a six-month pause in AI development. From the moment the public was allowed to start testing OpenAI's GPT-3 in November, there was no stopping the bullet train of generative AI development. And the power of market forces means that there's no stopping the pace of AI development, even if companies like OpenAI wanted to. The train has left the station, and there's no going backSince November, and arguably even before, generative AI has been the technology on everyone's lips. Even if we wanted to pause AI development, there's not a clear way to enforce itThere's also the problem of enforcement.
☆ Emerging venture fund managers had few banking options to begin with. After Silicon Valley Bank's collapse, where do they turn now?
  + stars: | 2023-03-22 | by ( Melia Russell | Vishal Persaud | ) www.businessinsider.com   time to read: +10 min
Silicon Valley Bank had long banked a class of startup investors known as emerging managers. He was able to quickly switch from Silicon Valley Bank with an email to his contact at AngelList. Novak is part of a contingent of investors who are shifting their banking strategy in the fallout of Silicon Valley Bank's failure. After Silicon Valley Bank's demise, the big banks have gotten more selective, the three investors said. The big banks like JPMorgan set account minimums for its private banking group, locking out emerging fund managers.
☆ SVB shutdown sends shockwaves through Silicon Valley as CEOs race to make payroll
  + stars: | 2023-03-11 | by ( Greg Bensinger Anna Tong Krystal Hu Jeffrey Dastin | Greg Bensinger | Anna Tong | ) www.reuters.com   time to read: +6 min
At some Silicon Valley Bank branch locations in California, depositors gathered early Friday to attempt to get their cash out, fearing it could be inaccessible in the coming days. It has had financial relationships with a who’s who of Silicon Valley firms over the years, including Snapchat's parent Snap Inc (SNAP.N). A locked door to a Silicon Valley Bank (SVB) location on Sand Hill Road is seen in Menlo Park, California, U.S. March 10, 2023. A Silicon Valley Bank spokeswoman didn't immediately respond to a request for comment sent Friday. As of Friday, FarmboxRx’s funds were still tied up with Silicon Valley Bank.
☆ Investors and techies gather in San Francisco to bathe in generative A.I. hype sparked by ChatGPT
  + stars: | 2023-02-17 | by ( Jonathan Vanian | ) www.cnbc.com   time to read: +8 min
They were there to discuss the latest craze capturing the attention of the tech world: generative artificial intelligence. The underlying AI software powering ChatGPT, a kind of machine-learning technology known as a "large language model," isn't new. As Bessemer Venture Partners' Sameer Dholakia told audience members, generative AI could change "the lives of billions of people." Blackwell credits OpenAI and ChatGPT with showing people what's possible with generative AI, shining a spotlight on the industry at large. But for one day in San Francisco, generative AI was more than just a tool.
☆ Time series data startup InfluxData, used by Tesla and IBM, just raised $81 million in debt and equity with this 19-slide pitch deck
  + stars: | 2023-02-08 | by ( Callum Burroughs | ) www.businessinsider.com   time to read: +2 min
Time series data startup InfluxData has raised $81 million in debt and equity. We got an exclusive look at the 19-slide pitch deck InfluxData used to raise the fresh funds. A startup that provides time series data analytics for the likes of Tesla, Cisco, and IBM has raised $81 million in a mix of debt and equity. Time series data refers to information gathered from sources ranging from temperature sensors to high-frequency trading data. In addition, the company has brought in a $30 million debt facility from Silicon Valley Bank.
☆ JPMorgan decides against prospective investment in open banking startup Yapily, sources say
  + stars: | 2022-11-22 | by ( Callum Burroughs | ) www.businessinsider.com   time to read: +3 min
JPMorgan has cooled on a deal to back London fintech startup Yapily, Insider understands. Discussions over a $25 million injection into the startup were at an advanced stage, sources say. JPMorgan has opted out of pursuing a strategic investment into London fintech Yapily, Insider understands. Yapily, which is backed by Square and Wise investor Sapphire Ventures, operates in the burgeoning open banking sector. The US financial giant had considered a deal that would have seen the bank inject around $25 million into the startup, one London-based source said.
☆ Dremio: 2022 Top Startups for the Enterprise
  + stars: | 2022-11-07 | by ( Cnbc.Com Staff | ) www.cnbc.com   time to read: 1 min
Dremio is an open lakehouse platform aiming to reinvent SQL — a core language used to manage data — and simplify data structure. Founded in 2015 in Santa Clara, California, the company allows data teams to save time pulling insights and makes data engineering easier. With Dremio, users have the ability to access analytics and business intelligence on their data lakehouse with the same functionality as data warehouses. The company announced that it closed a $160 million Series E funding round in January 2022, which doubled its valuation to $2 billion. Insight Partners, Norwest Venture Partners, Lightspeed Venture Partners, Redpoint, Cisco and Sapphire Ventures are among Dremio investors.
☆ Supply-Chain Tech Provider Project44 Delays Potential Public Offering
  + stars: | 2022-11-03 | by ( Paul Page | ) www.wsj.com   time to read: +4 min
Supply-chain technology provider project44 has postponed plans for a possible public stock offering amid the uncertainty in markets, and instead is turning to more venture-capital investment to expand its business tracking goods through global transportation networks. Funding for supply-chain technology startups has also tapered off this year, according to analytics firm PitchBook Data Inc., as venture-capital firms have reined in deal making. Mr. McCandless said project44 can continue to expand without going to public markets over the next couple of years based on its existing investment and cash flow. PREVIEWMr. McCandless said project44 was in position to file paperwork in June for a future public stock offering. A public offering, he said, would allow more venture-capital and private-equity investors to cash out in public markets while letting the company have continuing access to capital.
0 next >>
Total: 25