Paid, the AI agent ‘results-based billing’ startup from Manny Medina, raises huge M seed

Paid, the AI agent ‘results-based billing’ startup from Manny Medina, raises huge $21M seed

Manny Medina, previously best-known as the founder of sales automation startup Outreach ($4.4 billion valuation), has wowed investors with his young startup, Paid. Paid just closed an oversubscribed $21.6 million seed round led by Lightspeed. With the €10 million pre-seed round it raised in March, London-based Paid has already raised $33.3 million and hasn’t even…

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Snowflake to acquire database startup Crunchy Data

Snowflake to acquire database startup Crunchy Data

The surge in data company acquisitions continued Monday with Snowflake’s purchase of Crunchy Data. Cloud data platform Snowflake announced its intent to acquire Crunchy Data, a Postgres database partner, late this afternoon. A source familiar with the matter estimated the deal to be worth around $250 million. The terms weren’t disclosed. Snowflake declined to comment…

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