Enterprise

Liqid raises $28 million for adaptive resource management in datacenters

Liqid has raised $28 million for adaptive resource management to improve round-the-clock utilization of computers in datacenters.

The Broomfield, Colorado-based company creates composable datacenter infrastructure solutions and services. The money came from Panorama Point Partners, with participation from Iron Gate Capital and affiliates of DH Capital.

The investment brings the company’s total funding to $50 million. Liqid recently doubled quarter-over-quarter revenue, with record profit and a record number of customers and deployments of its comprehensive composable infrastructure solutions.

Liqid will use the funding to accelerate growth and increase budgets for hiring in operations, sales, marketing, engineering, and other business-critical

Read More

Hive raises $10.6 million to bolster project management with AI

For evidence that the future of work is automated (or at least semi-automated), look no further than startups like New York-based Hive. The productivity platform provider offers solutions from meeting scheduling to task management and project monitoring, and in an effort to lay the groundwork for expansion after quintupling revenue this past year, it’s secured fresh funding.

Hive today revealed that it’s raised $10.6 million in a series A round led by Comcast Ventures, with participation from existing seed investors Tribeca Venture Partners, Vocap Investment Partners, and Rembrandt Venture Partners. It brings the company’s total raised to $16.7 million

Read More

The Garage opens in Paris as Europe’s largest blockchain incubator

A coalition of blockchain researchers, entrepreneurs, and investors have opened a massive new blockchain incubator called “The Garage” in Paris as part of an effort to enhance Europe’s position as a hub for the emerging technology.

The incubator in the Paris city center spans three floors of a building, totaling 5,000 square feet. The goal is to give visibility to a community of developers in a budding industry that is often remote and disconnected.

“The idea is to have a place where people can hang and learn,” said Cyril Paglino, one of the people behind the effort. “Blockchain is pretty

Read More

Angular Ventures is a $41 million early-stage fund for deep tech startups entering the U.S.

A new early-stage venture capital (VC) firm that focuses on European and Israeli “deep tech” enterprise startups eyeing U.S. expansion, has officially closed its inaugural fund.

London-headquartered Angular Ventures, which has additional hubs in Tel Aviv and New York, has announced an “oversubscribed” $41 million institutional seed fund — significantly more than the $25 million it planned to raise according to its filing with the U.S. Security and Exchange Commission (SEC) last year.

Founded in May 2018 by Gil Dibner, an angel investor and former partner at DFJ Esprit, Angular Ventures has invested in 12 startups already since the

Read More

Goldman faces probe after entrepreneur claims gender bias in Apple Card algorithm

(Reuters) — A probe into Goldman Sachs’ credit card practices has been initiated after tweets from a tech entrepreneur alleged gender discrimination in the new Apple card algorithms that are used to determine credit limits.

In a series of Twitter posts starting on Thursday, David Heinemeier Hansson railed against the Apple Card for giving him 20 times the credit limit his wife got, Bloomberg reported on Saturday.

Hansson, who is the creator of web-application framework Ruby on Rails, didn’t disclose any specific income-related information for himself or his wife but said they filed joint tax returns and

Read More

Google launches Skaffold in general availability

In a recent survey of over 5,000 enterprise companies, 58% responded that they were using Kubernetes — the open source container-orchestration system for automating app deployment, scaling, and management — in production, while 42% said they were evaluating it for future use. The momentum was a motivating force behind Google’s Skaffold, a command line tool that facilitates continuous development for Kubernetes-native apps. It launched in preview and subsequently in beta in products on Google Cloud Platform in 2017, and as of today it’s generally available for eligible customers.

“[We] noticed that developers creating Kubernetes-native applications spent a long time building

Read More

Snapdocs raises $25 million to streamline mortgages with AI

Real estate tech company Snapdocs today revealed that it has raised $25 million in series B funding to further develop its products and platform. Coinciding with the news, the San Francisco-based company announced the opening of a new office in Denver, Colorado. Snapdocs said the new office would serve as a center for a “wide variety” of roles, with an emphasis on engineering and operations.

F-Prime Capital led this latest raise, with participation from Sequoia Capital. (Among previous backers are Y Combinator and SV Angel.) The series B brings Snapdocs’ total raised to around $45 million, following a $15 million

Read More

GitHub: Over 80% of repository contributions come from outside the U.S.

GitHub’s annual Octoverse report is out today. It found that Microsoft’s Visual Studio Code or VSCode (19.1K), Azure Docs (14K), and Flutter (13K) were the top open source projects in total contributors on GitHub in the last year, followed by projects like Google’s TensorFlow (9.9K), Kubernetes (6.9K), and the React Native framework created by Facebook.

The annual report that looks at trends and milestones for the code repository acquired by Microsoft last year also found that repositories with topics like “deep learning,” “natural language processing,” and “machine learning” grew in popularity over the course of the past year. GitHub is

Read More

Intelligent search platform Coveo raises $227 million at a valuation of over $1 billion

Coveo, an enterprise software-as-a-service (SaaS) platform that meshes unified search, analytics, and machine learning to unlock insights contained within big data for businesses, has raised $227 million in a round of funding led by Omers, with participation from Evergreen Coast Capital, FSTQ, and IQ, among others.

The company didn’t reveal its current valuation, except to say it’s now a “unicorn” (valued at over $1 billion), so the figure is likely at least 3 times more than its $370 million valuation last year. Moreover, Coveo revealed that Omers and other existing shareholders now own 15.5% of the company.

Founded

Read More

How Microsoft, Amazon, & Airbnb avoid product experimentation pitfalls (VB Live)

Presented by Optimizely


Experimentation is an incredibly powerful technique — but there’s some common techniques developers make when they’re testing. Learn how to make the most of your A/B testing, choose the right metrics, avoid the biggest testing pitfalls and more when you join this VB Live event!

Register for free here!


Every year, Netflix runs hundreds of experiments; Excitable Airbnb runs over five hundred a month, and Jeff Bezos says that Amazon’s success comes from the number of tests his teams runs not just yearly or monthly, but daily. Having a culture of experimentation is a competitive differentiator.

Read More