#Factorial, a HR unicorn, snaps up 0M from General Catalyst to boost sales and marketing

#Factorial, a HR unicorn, snaps up $120M from General Catalyst to boost sales and marketing

Factorial, the Barcelona-based “unicorn” startup that provides an all-in-one HR platform in the cloud for small and medium businesses, has picked up a non-dilutive (no equity) $120 million from General Catalyst — money it says it’ll invest in one specific area: “go-to-market”, or GTM, the umbrella term used for the wider expenses associated with sales…

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#Nerdio nabs 0M to power virtual desktops on Azure

#Nerdio nabs $500M to power virtual desktops on Azure

Nerdio, a platform designed to simplify how companies deploy and manage Microsoft cloud technologies, has raised $500 million in a Series C round of funding. The Chicago-based startup says its valuation has now quadrupled since its Series B round two years ago, and is now firmly in unicorn territory — though the company wouldn’t reveal…

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#Intel could be in for significant changes as Lip-Bu Tan takes on CEO role

#Intel could be in for significant changes as Lip-Bu Tan takes on CEO role

Intel’s new CEO Lip-Bu Tan seems ready to get right to work to turn around the struggling company.  The semiconductor giant’s new executive is considering sweeping changes for the company’s chip manufacturing and AI strategies, according to Reuters, including cutting middle management staff and revamping the company’s approach to manufacturing chips. Tan reportedly told company…

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#Asana CEO Dustin Moskovitz is retiring

#Asana CEO Dustin Moskovitz is retiring

Dustin Moskovitz is retiring from Asana, the software company he founded in 2008. Asana, a task management platform, announced his retirement as part of the company’s fiscal fourth-quarter earnings report, CNBC reported. Moskovitz informed the board he intends to move into a chair role when a new CEO starts. The company has raised more than…

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