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Sweep, a no-code config tool for Salesforce software, raises $28M

TechCrunch

A 2021 survey from CRM software vendor SugarCRM found that 50% of companies don’t know how to access customer data across their marketing, sales and service systems, while 53% said the administrative burdens of their CRM software causes friction for their sales team. In the worst case, the consequences can be severe.

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The HP-Autonomy lawsuit: Timeline of an M&A disaster

CIO

Rather than selling software to customers, HP said, Autonomy had been selling them hardware at a loss, then booking the sales as software licensing revenue. However, Companies House, the UK register of commerce, has no record of such a company, and it’s not until 1997 that Lynch creates another company, called simply Neurodynamics.

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Over 90% of companies overpay for project collaboration software: Report

CIO

As popularity of project collaboration software grows along with other software-as-a-service products, a research report from SaaS purchasing platform Vertice shows that more than 90% of enterprises are overpaying for these tools. The project collaboration software market is estimated to reach a value of $27.40

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TechCrunch+ roundup: Crypto tax prep, no-code survey, 4 VCs discuss how to pitch them

TechCrunch

Performing due diligence is critical, but it won’t give you all the information you need to approach a VC. Likewise, one investor may ask to review your deck in detail; another may prefer a probing one-on-one conversation. Use discount code TCPLUSROUNDUP to save 20% off a one- or two-year subscription.

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Constrafor, a construction procurement company, goes ‘SAFE’ route with new capital

TechCrunch

Ghauche and Douglas Reed started Constrafor, a SaaS construction procurement platform, to provide embedded financing and software for general contractors to manage their subcontractor workflow. Constrafor grabs $106M in equity, credit to finance construction subcontractors The company raised $106.3 Anwar Ghauche, CEO of Constrafor.

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QA Wolf exits stealth with an end-to-end service for software testing

TechCrunch

QA Wolf , a cloud-based platform designed to detect bugs in software, today exited stealth and announced a $20 million funding round led by Inspired Capital with participation from Notation Capital, Operator Partners and Thiel Capital and several angel investors (among them Peter Thiel). Neither, obviously, are very desirable scenarios.

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AllSpice thinks hardware developers lack their own ‘GitHub,’ so it is building one

TechCrunch

Founders Valentina Ratner (formerly Toll Villagra) and Kyle Dumont met at Harvard while both were getting a joint engineering master’s and MBA in 2019. They bonded over frustrations at their respective jobs in what seemed like a hardware industry left behind to rely on PDFs and email to get things done versus software development. “It

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