Cockroach Labs announces $27M Series B and enterprise tier for its reliable database
“A database that replicates itself and is meant to survive” — that was the connection that Cockroach Labs CEO Spencer Kimball made between the startup’s memorable name and its value proposition. Despite entering a crowded market, Cockroach has been able to gain the favor of some of the most well known VCs in tech. Today’s $27 million Series B is being led by… Read More Continue reading Cockroach Labs announces $27M Series B and enterprise tier for its reliable database
Most venture capital funds that have 27 exits under their belt are not in stealth. In fact, most venture capital firms today don’t even know what 27 exits looks like. But Dell Ventures, in stealth until today, has been steadily investing at a rate of about $100 million per year. The group certainly knows what the market is willing to buy. It’s seen nearly 37 percent of… 
Just six months into its life, Growlabs, a startup using machine intelligence to support outbound sales teams, has raised a $2.2 million seed round. Founded by Ben Raffi, the creator of ticketing app Universe, Jaclyn Klein and Safeer Jiwan, Growlabs helps businesses reduce their customer acquisition costs by enabling smalls sales teams to do more with less. From his past work with… 
It’s May and that means the window for locking down internships at tech companies is rapidly closing. In reflection of the 2017 recruiting season, Glassdoor took some time to analyze its anonymized salary data, producing a report of the highest paying internships for 2017. We went ahead and pulled the tech companies from the list, and among large tech companies, Facebook leads the… 
A good report on revenue wasn’t enough to keep Twilio stock from taking a dive in after-hours trading. What at first glance appeared to be a positive story very quickly divulged into a financial nightmare. Shares in the cloud-communications company have fallen 27 percent in after-hours trading. On the earnings call, Jeff Lawson addressed the unexpected guidance by explaining that Uber,… 
This morning Facebook’s AI Research (FAIR) lab released an update to fastText, its super-speedy open-source text classification library. When it was initially released, fastText shipped with pre-trained word vectors for 90 languages, but today it’s getting a boost to 294 languages. The release also brings enhancements to reduce model size and ultimately memory demand. 
This morning Orbital Insight, a geospatial analytics startup, announced that it had completed raising a $50 million Series C round of financing from Sequoia. The fresh capital brings the company’s total fundraising to $78.7 million. Orbital Insight generates analytics for businesses using satellite imagery and other data. A product of deep learning and more readily available… 
Chinese tech conglomerate Tencent will be opening a new AI research center in Seattle, according to The Information. The company has long had a core office in Palo Alto, but this will be its first major machine intelligence R&D effort in the country. Earlier this week Tencent announced that it would open its first data center in Silicon Valley. Yu Dong, formally of Microsoft Research,… 
Today, Airbnb’s design team open sourced its internal library for writing React components that easily render directly to Sketch. Instead of trying to get Sketch to export to code, the Airbnb team spent its time on the opposite — putting the paintbrush in the hands of the engineer.