Wed.Mar 29, 2023

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After bootstrapping for 15 years, energy renovation company Effy raises $22 million

TechCrunch

Effy is at a crossroads. The energy renovation company based in France is doing well, but it is addressing a market that is much bigger than anticipated. That’s why it is making a bet. The company just closed a €20 million funding round (roughly $22 million at today’s exchange rate) from Felix Capital. This is the first external funding round for the company.

Energy 293
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The SAP Innovation Awards 2023 Finalists Have been Selected

CIO

First and foremost, on behalf of SAP, we would like to thank all the SAP Innovation Awards 2023 participants for their hard work showcasing the many ways they are delivering impact within their businesses! We are truly grateful for and inspired by all the incredible submissions received this year. This is the perfect opportunity to share an inside look at the judging process, announce our esteemed finalists, and provide a preview for what is next!

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Trending Sources

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6 VCs explain why embedded insurance isn’t the only hot opportunity in insurtech

TechCrunch

If you think embedded insurance is the only hot thing in insurtech these days, we’ve got a surprise in store for you: While it’s true that startups that help sell insurance together with other products and services are enjoying tailwinds, there are plenty of other opportunities in the space, several investors told TechCrunch+. You see, insurtech startups often need to take into account the myriad rules and regulations in place when they seek to innovate and embed insurance into products, which m

Insurance 269
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Examining key disciplines to build equity in the IT workplace

CIO

As IT leader of self-regulatory body Professional Engineers Ontario (PEO), Doria Manico-Daka continues to build on her 16 years in tech, the last five of which has seen her heavily involved in leading digital transformation and modernization. Throughout her career, industries and company sizes have varied, but there’s been one constant: environments have largely been male dominated.

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Get Better Network Graphs & Save Analysts Time

Many organizations today are unlocking the power of their data by using graph databases to feed downstream analytics, enahance visualizations, and more. Yet, when different graph nodes represent the same entity, graphs get messy. Watch this essential video with Senzing CEO Jeff Jonas on how adding entity resolution to a graph database condenses network graphs to improve analytics and save your analysts time.

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Hampton is tech’s new membership community for chief executive officers

TechCrunch

Sam Parr, founder of HubSpot-acquired newsletter and media brand The Hustle, doesn’t watch “Succession” because “it’s too real” (and because he prefers watching comedy compared to behemoth business billionaires fighting). But when he announced his new project, Hampton , an invite-only club for chief executive officers, the references started rolling.

Media 249

More Trending

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Startup founders are trying to automate the worst part of the job: Fundraising

TechCrunch

With a drier than normal investment scene, founders are looking for more effective ways to reach the right VCs. To that end, over the past few weeks, thousands of founders have applied to land capital through a common app, but instead of hoping to land into a university, they’re hoping to land capital from top investors. The platform they’ve been using is Seed Checks , launched by venture capitalist and growth marketing entrepreneur Julian Shapiro around one month ago.

Groups 249
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How to block DNS exfiltration on Google Cloud

Xebia

Securing your cloud network (VPC) using firewall rules is common practice. Google Cloud firewall rules however do not apply to Cloud DNS calls made from the metadata server. Therefore, you can exfiltrate data by querying public domains from your instance. In this blog I’ll share how that happens and what you can do about it. DNS data exfiltration?

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Deep Render lands $9M for its AI-powered video compression tech

TechCrunch

Deep Render , a startup developing AI-powered tech to compress videos on the web, today announced that it raised $9 million in a Series A funding round led by IP Group and Pentech Ventures. A source familiar with the matter tells TechCrunch that the round values the startup at $30 million, a respectable number for a five-year-old startup in light of the recent market turbulence.

Video 248
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Cloud Management Issues Are Coming to a Head

DevOps.com

A survey of 1,300 technology and data executives found that more than a decade after the initial rise of cloud computing, organizations are still struggling to manage these environments. Conducted by Wakefield Research on behalf of NetApp, the survey found 98% of respondents reported their business has been impacted by everything from the increasing complexity […] The post Cloud Management Issues Are Coming to a Head appeared first on DevOps.com.

Cloud 143
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Streamlining Database Compliance with CI/CD Integration

IT leaders know the importance of compliance at every level, but the database often gets left behind as other environments are automated for robust protection. This whitepaper emphasizes the importance of robust, auditable, and secure database change management practices for safeguarding organizational compliance. Learn how automating database compliance: Mitigates risk Protects against security vulnerabilities Helps avoid regulatory penalties Aligns database workflows with app lifecycle Turns d

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Payday wants to power the future of work for Africa with $3M seed led by Moniepoint Inc

TechCrunch

Payday , a neobank issuing global (USD, EUR and GBP) accounts to Africans, has raised $3 million to fuel its “future of work” initiative through borderless payment alternatives in major currencies. The seed round was led by Moniepoint Inc ( formerly TeamApt Inc ), the U.S. entity that houses Moniepoint Microfinance Bank and TeamApt Nigeria. Techstars, Angels Touch, HoaQ, DFS Lab’s Stellar Africa Fund, Ingressive Capital Fund II and angel investors such as MFS Africa chief Dare Okoudjou and Noreb

Fintech 248
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The Power of Observability: Performance and Reliability

DevOps.com

Observability has become an essential aspect of modern IT, and its importance is only expected to increase in the years to come. The ability to monitor and understand the behavior of systems in real-time provides organizations with a wealth of information that can help them improve the performance, reliability, and overall health of their networks […] The post The Power of Observability: Performance and Reliability appeared first on DevOps.com.

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Ramp reports 4x revenue growth, says it still has ‘vast majority’ of equity funding

TechCrunch

2022 was a tumultuous year for many fintech startups. But for Ramp , it was a year of opportunity. The company shared today that it saw its revenue grow by 4x last year, buoyed by what co-founder and CEO Eric Glyman describes as a desire on the part of companies of all sizes and stages seeking to save money by managing their spend better. “During one of the most rapid raises of interest rates we’ve really seen in U.S history and with the cost of capital gone up, companies realized they need to m

Report 246
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Zombie Properties want to Eat Your Brains

Perficient

It’s a story as old as time. You work hard to build a great site. You have all the right properties – with descriptive names – that the content authors recognize, and know how to use. Everything is going according to plan. The site is good. Life is good. The client is happy. Then BAM! A property requirement change comes along. You go in and make the change and everything is great again, except the zombie property apocalypse has just started, and they are coming after your conte

Data 115
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Peak Performance: Continuous Testing & Evaluation of LLM-Based Applications

Speaker: Aarushi Kansal, AI Leader & Author and Tony Karrer, Founder & CTO at Aggregage

Software leaders who are building applications based on Large Language Models (LLMs) often find it a challenge to achieve reliability. It’s no surprise given the non-deterministic nature of LLMs. To effectively create reliable LLM-based (often with RAG) applications, extensive testing and evaluation processes are crucial. This often ends up involving meticulous adjustments to prompts.

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Substack takes a different tack to raise more capital

TechCrunch

It turns out that if you have an active customer audience invested in the long-term viability and success of your platform, you can crowdfund a venture-sized extension round. Substack, a venture-backed subscription media platform popular with writers and known for its email service, has collected more than $5 million in pledges for an extension to its Series B from its community and the internet at large.

Media 244
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Right Tool for the Job: Alerting Edition

DevOps.com

In high-tech, we have a terrible predilection for finding a good tool and abusing it until we hate it. I’ve written several “Use the right tool for the job” articles and posts over the years, most notably an examination of trying to make one programming language (or another) into an all-purpose solution. We’re thankfully past […] The post Right Tool for the Job: Alerting Edition appeared first on DevOps.com.

Tools 105
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Daily Crunch: After raising $3M seed, global fintech platform Payday plans to secure licensing in Canada, UK

TechCrunch

To get a roundup of TechCrunch’s biggest and most important stories delivered to your inbox every day at 3 p.m. PDT, subscribe here. Hello, and welcome to Wednesday Crunch! On everyone’s mind today is the power of AI and whether we’re all doomed. Connie reports that 1,100+ notable signatories just signed an open letter asking “all AI labs to immediately pause for at least 6 months.

Fintech 236
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Confluent Achieves Google Cloud Ready - AlloyDB Designation

Confluent

Confluent announced that it has successfully achieved Google Cloud Ready - AlloyDB Designation for AlloyDB for PostgreSQL, Google Cloud’s newest fully managed PostgreSQL-compatible database service for the most demanding enterprise database workloads.

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Top 5 Challenges in Designing a Data Warehouse for Multi-Tenant Analytics

Multi-tenant architecture allows software vendors to realize tremendous efficiencies by maintaining a single application stack instead of separate database instances while meeting data privacy needs. When you use a data warehouse to power your multi-tenant analytics, the proper approach is vital. Multi-tenant analytics is NOT the primary use case with traditional data warehouses, causing data security challenges.

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Jigso is building an AI assistant to surface the data employees need automatically

TechCrunch

Workers are being bombarded with data from a variety of sources. If the point is to make people more productive, as the volume increases, the more difficult it is to find the information you need to do your job. AI thrives in large data environments and can help cut through the noise, move across applications, and find the nuggets that matter most. That’s the idea behind Jigso , an early stage startup, that’s building an AI assistant to act as an observability layer, not unlike security or perfo

Data 224
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3CX Desktop App for Windows and macOS Reportedly Compromised in Supply Chain Attack

Tenable

3CX Desktop App for Windows and macOS Reportedly Compromised in Supply Chain Attack A softphone desktop application from 3CX, makers of a popular VoIP PBX solution used by over 600,000 organizations, has reportedly been trojanized as part of a supply chain attack Update March 30 #1: This blog has been updated to include a link to an official statement from 3CX CEO Nick Galea as well a link to our plugins search page for forthcoming detection plugins.

Windows 101
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Indian edtech Unacademy slashes another 12% jobs

TechCrunch

Unacademy has laid off 12% of its workforce, or over 350 roles, in its latest round of layoffs — just over four months after cutting about 350 roles in November. Unacademy co-founder and CEO Gaurav Munjal announced the new layoff decision in a Slack post to employees. “We have taken every step in the right decision to make our core business profitable, yet it’s not enough.

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Use Cases for ChatGPT Technology in the Enterprise

Dataiku

OpenAI’s ChatGPT, Microsoft’s Bing, and Google’s Bard are products built on top of a class of technologies called Large Language Models (LLMs). Using an LLM in the enterprise , beyond the simple web interface provided by products like ChatGPT, is possible. However, before diving in, it’s important to first take a step back.

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7 Pitfalls for Apache Cassandra in Production

Apache Cassandra is an open-source distributed database that boasts an architecture that delivers high scalability, near 100% availability, and powerful read-and-write performance required for many data-heavy use cases. However, many developers and administrators who are new to this NoSQL database often encounter several challenges that can impact its performance.

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Salt Labs raises $10M to gamify frontline work

TechCrunch

Salt Labs, a rewards platform for hourly workers, today emerged from stealth with $10 million in pre-seed funding led by Fin Capital with participation from Anthem Venture Partners and others. Co-founder and CEO Jason Lee tells TechCrunch that the money is being used to build out Salt Labs’ initial team, product development and go-to-market strategy and execution. “The mission of Salt Labs is to enable hourly workers to own the long-term value of their work,” Lee said via email

Policies 213
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How to Implement Threat Modeling with DevOps

Daffodil Software

The DevOps paradigm has predominantly been focused on delivering high-quality software products to customers faster through shortened release cycles. Ensuring continuous security for these products is an essential aspect that is implemented by the DevSecOps domain. But when it comes to security in the product's design and architecture you need a more dedicated system such as that offered by Threat Modeling.

DevOps 98
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SVB collapse spared an already muted venture deal market

TechCrunch

When Silicon Valley Bank collapsed earlier this month, venture had already been navigating choppy waters for over a year as it confronted overinflated company valuations and a seemingly nonexistent exit market. But while SVB’s failure may have a long-lasting impact on the banking and venture debt industries, it doesn’t look likely to have any lasting adverse impact on one of venture’s hardest-hit areas: deal activity.

Marketing 208
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Reinforcing Networks: Advancing Resiliency and Redundancy Techniques

Kentik

The truth is, designing a network that can withstand the test of time, traffic, and potential disasters is a challenging feat. That’s where network resiliency and redundancy come into play, helping network planners construct robust and efficient networks. But do we always need 100% redundancy to achieve resilience? Let’s find out. Resiliency and redundancy in networking First things first, let’s define resiliency and redundancy in the context of networking.

Network 97
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Reimagined: Building Products with Generative AI

“Reimagined: Building Products with Generative AI” is an extensive guide for integrating generative AI into product strategy and careers featuring over 150 real-world examples, 30 case studies, and 20+ frameworks, and endorsed by over 20 leading AI and product executives, inventors, entrepreneurs, and researchers.

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LeapXpert raises $22M to monitor employee chats for compliance

TechCrunch

The pandemic brought with it a spike in work-from-home and hybrid work, which increased peoples’ dependence on personal devices — driving businesses to try and rein in their use. It’s been a particular challenge for the financial services industry, which has comparatively strict governance and compliance requirements. In September, the U.S.

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CodeSOD: Exceptional Messages

The Daily WTF

Structured exception handling is an excellent way to handle errors, but wouldn't it be nice if you could execute a different branch of code depending on what specific error just happened? It's a pity that there's just no possible way to filter exceptions using the good old fashioned try and catch. Fortunately, Mateusz has a co-worker who invented that wheel for us. if (something_bad_happens) throw new Exception( "File is not correct; 88888" ); if (something_else_happens) thro

Fashion 96
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Dan Teran shares Gutter Capital’s challenge of closing its first fund

TechCrunch

Gutter Capital , a New York venture capital firm, closed on $25 million in capital commitments for its first fund to invest in pre-seed and seed stage companies focused on affordability, economic mobility and climate change. Founding partners Dan Teran and James Gettinger met while students at Johns Hopkins University. Prior to starting Gutter Capital, Teran started his first company, Managed by Q , which automated office management.