Databricks raises $1.6B at $38B valuation as it blasts past $600M ARR

The company views its market as a new technology category. Databricks calls the technology a data “lakehouse,” a mashup of data lake and data warehouse. Continue reading Databricks raises $1.6B at $38B valuation as it blasts past $600M ARR

What does Red Hat’s sale to IBM tell us about Couchbase’s valuation?

Couchbase could double its valuation provided that investors are more interested in its faster-than-Red Hat growth than they are worried about its history of cash consumption and growing net losses. Continue reading What does Red Hat’s sale to IBM tell us about Couchbase’s valuation?

Confluent’s IPO brings a high-growth, high-burn SaaS model to the public markets

Confluent became the latest company to announce its intent to take the IPO route, officially filing its S-1 paperwork with the U.S. Securities and Exchange Commission this week. The company, which has raised over $455 million since it launched in 2014, was most recently valued at just over $4.5 billion when it raised $250 million […] Continue reading Confluent’s IPO brings a high-growth, high-burn SaaS model to the public markets

As UiPath closes above its final private valuation, CFO Ashim Gupta discusses his company’s path to market

TechCrunch spoke with UiPath CFO Ashim Gupta today to learn more about his company’s foray into the public markets. Continue reading As UiPath closes above its final private valuation, CFO Ashim Gupta discusses his company’s path to market

Parabol raises $8M after reaching 100,000 users of its agile meeting software

This morning Parabol, a startup that provides retrospective meeting software to agile development teams, announced that it has closed an $8 million Series A. Microsoft’s venture capital arm, M12, led the deal. The investment also saw participation from Techstars, CRV, and Haystack. TechCrunch caught up with Parabol CEO Jordan Husney to talk about the round, […] Continue reading Parabol raises $8M after reaching 100,000 users of its agile meeting software