Startups are transforming global trade in the COVID-19 era

The global trade crisis is a setback, but also an opportunity for logistics startups to show the value of digital platforms in an analog industry. Continue reading Startups are transforming global trade in the COVID-19 era

Orca Security raises $20M Series A for its multi-cloud security platform

Orca Security, an Israeli cloud security firm that focuses on giving enterprises better visibility into their multi-cloud deployments on AWS, Azure and GCP, today announced that it has raised a $20 million Series A round led by GGV Capital. YL Ventures and Silicon Valley CISO Investments also participated in this round. Together with its seed […] Continue reading Orca Security raises $20M Series A for its multi-cloud security platform

Layoffs hit another Softbank co as $3.2B Flexport cuts 50

Fearing weak fundraising options in the wake of the WeWork implosion, late stage startups are tightening their belts. The latest is another Softbank-funded company, joining Zume Pizza (80% of staff laid off), Wag (80%+),  Fair (40%), Getaround (25%), Rappi (6%), and Oyo (5%) that have all cut staff to slow their burn rate and reduce […] Continue reading Layoffs hit another Softbank co as $3.2B Flexport cuts 50

Why Flexport built a slick Slack SaaS for shipping

“Make their metrics your metrics” is one of Flexport CEO Ryan Petersen’s mantras. Sometimes that means building free software for your clients. It can be frustrating aligning your fates with a fellow business if they operate on email, phone and fax like much of the freight-forwarding industry that gets pallets of goods across the world […] Continue reading Why Flexport built a slick Slack SaaS for shipping

Scalyr launches PowerQueries for advanced log management

Log management service Scalyr today announced the beta launch of PowerQueries, its new tools for letting its users create advanced search operations as they manage their log files and troubleshoot potential issues. The new service allows users to perform complex actions to group, transform, filter and sort their large data sets, as well as to […] Continue reading Scalyr launches PowerQueries for advanced log management

Flexport’s epic plan to build a freight empire with its $110M raise

 “We’re actually out here trying to create value, not just give venture capital money away” says Flexport CEO Ryan Petersen. “It’s counterintuitive. The more the business works, the more cash it needs.” That’s because Flexport doesn’t ship bits, it ships atoms. Lots of them. Flexport is a freight forwarding logistics network. If you produce a… Read More Continue reading Flexport’s epic plan to build a freight empire with its $110M raise

Flexport CEO expresses some remorse in taking cash from Peter Thiel

megan (2 of 1) Remember when we found out billionaire investor Peter Thiel is in support of Republican presidential candidate Donald Trump? At TechCrunch Shanghai 2016, Flexport CEO Ryan Peterson, who has received significant funding from Thiel, candidly spoke about his discomfort around Thiel’s backing of Trump. “I don’t know what’s going on there,” Peterson told me on stage… Read More Continue reading Flexport CEO expresses some remorse in taking cash from Peter Thiel