Dazz Scores Hefty $50M Investment for AI-Powered Risk Remediation Tech

The new financing brings the total raised by Dazz to $110 million as investors double down on bets in the cloud security remediation space.
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Reduct.Video raises $4M to simplify video editing

The team at Reduct.Video is hoping to dramatically increase the amount of videos created by businesses. The startup’s technology is already used by customers including Intuit, Autodesk, Facebook, Dell, Spotify, Indeed, Superhuman and IDEO. And today, Reduct is announcing that it has raised a $4 million round led by Greylock and South Park Commons, with […] Continue reading Reduct.Video raises $4M to simplify video editing

Pepper, a platform for restaurants and suppliers, pivots to deliver food to consumers

Though the effects of the coronavirus pandemic on restaurants has been crystal clear, many forget the impact this disease has had on food chain suppliers. With restaurants closed, these suppliers — who still have access to tons upon tons of food — no longer have customers. Meanwhile, end consumers are dealing with their own stresses […] Continue reading Pepper, a platform for restaurants and suppliers, pivots to deliver food to consumers

Greylock’s Reid Hoffman and Sarah Guo to talk fundraising at Early Stage SF 2020

Early Stage SF is around the corner, and we are more than excited for this brand new event. The intimate gathering of founders, VCs, operators and tech industry experts is all about giving founders the tools they need to find success, no matter the challenge ahead of them. Struggling to understand the legal aspects of […] Continue reading Greylock’s Reid Hoffman and Sarah Guo to talk fundraising at Early Stage SF 2020

Figma’s Community lets designers share and remix live files

As designers grow both in sheer numbers and within the hierarchy of organizations, design tool makers are adapting to their evolving needs in different ways. Figma, the web-based collaborative design tool, is taking a note from the engineering revolution of the early aughts. “What if there were a GitHub for designers?” mused Dylan Field, early […] Continue reading Figma’s Community lets designers share and remix live files

83North closes $300M fifth fund focused on Europe, Israel

83North has closed its fifth fund, completing an oversubscribed $300 million raise and bringing its total capital under management to $1.1BN+. The VC firm, which spun out from Silicon Valley giant Greylock Partners in 2015 — and invests in startups in Europe and Israel, out of offices in London and Tel Aviv — last closed […] Continue reading 83North closes $300M fifth fund focused on Europe, Israel

Reid Hoffman to talk ‘blitzscaling’ at Disrupt SF 2018

When it comes to scaling startups, few people are as accomplished or consistently successful as Reid Hoffman . While the rest of us consider scaling a startup to market domination a daunting task, Hoffman has continued to make it look easy. In September, Hoffman will join us at TC Disrupt SF to share his strategies […] Continue reading Reid Hoffman to talk ‘blitzscaling’ at Disrupt SF 2018

Ex-Cylance and Carbon Black execs launch Obsidian Security with $9.5 million investment

Founded by executives from two of the highest-profile endpoint security firms in the U.S., Obsidian Security just announced a $9.5 million Series A round of investment from the Silicon Valley venture capital firm Greylock Partners. Obsidian, headquartered in Newport Beach, Calif., was founded by CEO Glenn Chishold, the former CTO at Cylance; CTO Matt Wolff, former Chief Data Scientist at Cylance and computer scientist at the NSA; and Chief Data Scientist Ben Johnson, former co-founder and CTO at Carbon Black and also a computer scientist at the NSA. The company will focus on cloud and data center security, putting them in competition with companies like Cisco, VMWare and Illumio.  Earlier this week, Illumio announced $125 million in an investment round. Cylance, which has been valued by investors at over $1 billion, was the focus of controversy earlier this year when an Ars Technica investigation suggested the company’s testing demos included false positives. The company denied any wrongdoing. Details […]

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Why the $3.7 billion AppDynamics acquisition happened right before IPO

appdynamics Applications management company AppDynamics was just wrapping up the final touches on its initial public offering when they learned that Cisco was interested in discussing a potential deal, after preliminary talks were abandoned in November. The discussion picked up again last week, and the IPO was slated to price tomorrow. Although many companies seek acquisition offers in the months leading… Read More Continue reading Why the $3.7 billion AppDynamics acquisition happened right before IPO