Category Archives: unicorns

Airtable’s Howie Liu has no interest in exiting, even as the company’s valuation soars

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In the middle of a pandemic, Airtable, the low-code startup, has actually had an excellent year. Just the other day, the company announced it had raised $185 million on a whopping $2.585 billion valuation. It also announced some new features that take it from the realm of pure no-code, and deeper into low-code territory, which […] Continue reading Airtable’s Howie Liu has no interest in exiting, even as the company’s valuation soars→

Qumulo scores $125M Series E on $1.2B valuation as storage biz accelerates

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Qumulo, a Seattle storage startup helping companies store vast amounts of data, announced a $125 million Series E investment today on a $1.2 billion valuation. BlackRock led the round with help from Highland Capital Partners, Madrona Venture Group, Kleiner Perkins and new investor Amity Ventures. The company reports it has now raised $351 million. CEO […] Continue reading Qumulo scores $125M Series E on $1.2B valuation as storage biz accelerates→

VAST Data lands $100M Series C on $1.2B valuation to turn storage on its head

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VAST Data, a startup that has come up with a cost-effective way to deliver flash storage, announced a $100 million Series C investment today on a $1.2 billion valuation, both unusually big numbers for an enterprise startup in Series C territory. Next47, the investment arm of Siemens, led the round with participation from existing investors […] Continue reading VAST Data lands $100M Series C on $1.2B valuation to turn storage on its head→

Netskope hauls in another $340M investment on nearly $3B valuation

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Netskope has always focused its particular flavor of security on the cloud, and as more workloads have moved there, it has certainly worked in its favor. Today the company announced a $340 million investment on a valuation of nearly $3 billion. Sequoia Capital Global Equities led the round, but in a round this large, there […] Continue reading Netskope hauls in another $340M investment on nearly $3B valuation→

Public investors loved SaaS stocks in 2019, and startups should be thankful

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Hello and welcome back to our regular morning look at private companies, public markets and the gray space in between. Today, something short. Continuing our loose collection of look backs of the past year, it’s worth remembering two related facts. First, that this time last year SaaS stocks were getting beat up. And, second, that […] Continue reading Public investors loved SaaS stocks in 2019, and startups should be thankful→

Tech startups going public raise 3x more today than in 2015

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Hello and welcome back to our regular morning look at private companies, public markets and the grey space in between. Today we’re exploring the 2019 IPO cohort from a capital-in perspective. How much did tech companies going public in 2019 raise before they went public, and what impact that did that have on their valuation […] Continue reading Tech startups going public raise 3x more today than in 2015→

Freshworks raises $150M Series H on $3.5B valuation

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Freshworks, a company that makes a variety of business software tools from CRM to help desk software, announced a $150 million Series H investment today from Sequoia Capital, CapitalG (formerly Google Capital) and Accel on a hefty $3.5 billion valuation. The late-stage startup has raised almost $400 million, according to Crunchbase data. The company has […] Continue reading Freshworks raises $150M Series H on $3.5B valuation→

GitLab hauls in $268M Series E on 2.768B valuation

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GitLab is a company that doesn’t pull any punches or try to be coy. It actually has had a page on its website for sometime stating it intends to go public on November 18, 2020. You don’t see that level of transparency from late-stage startups all that often. Today, the company announced a huge $268 […] Continue reading GitLab hauls in $268M Series E on 2.768B valuation→

Looker snags $103 million investment on $1.6 billion valuation

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Looker has been helping customers visualize and understand their data for seven years now and today it got a big reward, a $103 million Series E investment on a $1.6 billion valuation. The round was led by Premji Invest with new investment from Cross Creek Advisors and participation from the company’s existing investors. With today’s […] Continue reading Looker snags $103 million investment on $1.6 billion valuation→

Climate Change Killed the ‘Siberian Unicorn,’ Study Says

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This Eurasian giant weighed 7,700 pounds and likely had the largest horn of any rhino, extinct or living. Continue reading Climate Change Killed the ‘Siberian Unicorn,’ Study Says→