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Several factors might make you think Snyk, the developer security startup most recently valued at $7.4 billion, would be going public soon. It was drafting an IPO prospectus in January 2024 with potential plans to file within months, The Information reported. The firm also hit $300 million ARR recently and says it’s on track to…
Although heart disease is the leading cause of death in the United States, a significant portion of people who experience heart attacks are unaware that they have the underlying condition. Cleerly, a cardiovascular imaging startup, hopes to fix this. By analyzing CT scans of the heart, the company’s AI software aims to identify early-stage coronary…
MatX, a startup designing chips that support large language models, has raised a Series A of approximately $80 million, three sources say, less than a year after raising its $25 million seed round. Spark Capital led the investment, valuing the company at a pre-money valuation in the mid-$200 million range and a post-money valuation of…
Last-mile delivery, the very last step of the delivery process, is a common pain point for companies. According to one survey, nearly 90% of retailers struggle with their last-mile delivery operations, either because of technical issues, costs, or a combination of both. Bill and Lisa Catania understand this well. The husband-and-wife team founded OneRail, a…
With the advent of flexible workspaces, companies are increasingly adopting smartphone-based authentication to let employees enter and leave. In a recent poll, nearly two in five firms said they’re letting staff use their phones to access office buildings. The boon has benefited vendors like SwiftConnect, which sells a platform for managing access to physical offices. Chris…
It was 2020, and Nicolas Orban, Stéphane Derosiaux and Stéphane Maarek were beyond frustrated with Apache Kafka. The tool for handling real-time data streams simply couldn’t keep up with the trio’s engineering needs — particularly during the pandemic, when companies were rushing to embrace cloud services. “Many companies were finding it difficult to scale their…
Running payroll is hard in any country, but perhaps especially so in Brazil thanks to consistently changing laws and extremely influential unions that make it significantly harder to get it right. Fernando Gadotti struggled with this as the co-founder and CEO of DogHero, LatAm’s version of Rover. When Gadotti left the company in 2022, after…
Cybersecurity continues to command a lot of attention from enterprises looking for better protection from malicious hackers, and VCs want in on the action. In the latest example, TechCrunch has learned and confirmed that Upwind — a specialist in assessing and securing cloud infrastructure — is closing in on a $100 million round at a…
There isn’t a shortage of AI-powered coding assistance startups. They include Augment, Codeium, Magic, and Poolside. However, Cursor has become one of the most popular. Its developer, Anysphere, has seen its revenue grow from $4 million annualized recurring revenue (ARR) in April to $4 million a month as of last month, according to a person…
These days, it seems like every company either wants to or is already offering an AI product or service. For startups building an AI product in this space, it’s a really good time, but they aren’t without their challenges — the tech is still early, and though many companies are interested in trying generative AI…