Explosion snags $6M on $120M valuation to expand machine learning platform

Explosion, a company that has combined an open source machine learning library with a set of commercial developer tools, announced a $6 million Series A today on a $120 million valuation. The round was led by SignalFire, and the company reported that today’s investment represents 5% of its value. Oana Olteanu from SignalFire will be […] Continue reading Explosion snags $6M on $120M valuation to expand machine learning platform

TestBox launches with $2.7M seed to make it easier to test software before buying

When companies are considering buying a particular software service, they typically want to test it in their own environments, a process that can be surprisingly challenging. TestBox, a new startup, wants to change that by providing a fully working package with pre-populated data to give the team a way to test and collaborate on the […] Continue reading TestBox launches with $2.7M seed to make it easier to test software before buying

That dreadful VPN might finally be dead thanks to Twingate, a new startup built by Dropbox alums

VPNs, or virtual private networks, are a mainstay of corporate network security (and also consumers trying to stream Netflix while pretending to be from other countries). VPNs create an encrypted channel between your device (a laptop or a smartphone) and a company’s servers. All of your internet traffic gets routed through the company’s IT infrastructure, […] Continue reading That dreadful VPN might finally be dead thanks to Twingate, a new startup built by Dropbox alums

Where top VCs are investing in open source and dev tools (Part 1 of 2)

The once-polarizing world of open-source software has recently become one of the hotter destinations for VCs. As the popularity of open source increases among organizations and developers, startups in the space have reached new heights and monstrous valuations. Over the past several years, we’ve seen surging open-source companies like Databricks reach unicorn status, as well […] Continue reading Where top VCs are investing in open source and dev tools (Part 1 of 2)

Andreessen pours $22M into PlanetScale’s database-as-a-service

PlanetScale’s founders invented the technology called Vitess that scaled YouTube and Dropbox. Now they’re selling it to any enterprise that wants their data both secure and consistently accessible. And thanks to its ability to re-shard databases while they’re operating, it can solve businesses’ troubles with GDPR, which demands they store some data in the same […] Continue reading Andreessen pours $22M into PlanetScale’s database-as-a-service