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Observability startup Better Stack lands $18.6M in new cash

TechCrunch

Masar, who serves as Better Stack’s CEO, said that the funding will be put toward hiring with the goal of expanding the team from 14 to about 30 people by the end of the year. Masar, who has several startups under his belt, previously was the VP of engineering at Represent.com, an apparel e-commerce merchant. .

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TechCrunch+ roundup: SaaS success stats, leveraging ad tech chaos, 2022 layoff trends

TechCrunch

According to a report by Capchase comparing more than 400 SaaS startups to unicorns that reached the public markets in the last two years, the top performers “are handily beating the ‘Rule of 40,'” reports Kyle Wiggers. According to its findings, SaaS founders should target at least 80% and aim to surpass 110%.

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Pinwheel raises $50M Series B at $500M valuation for its income verification APIs

TechCrunch

We can actually show that their income stability is totally there, they’ve been employed for a long time, and they’re actually going to perform much better [in repaying a loan],” Lin said. Pinwheel has hired a number of its employees from $13.4

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TechCrunch+ roundup: Cell-cultured meat, alternative financing, avoiding tech debt

TechCrunch

But a United Nations report estimates that we’ll need to double global food production by 2050 to meet the needs of 10 billion people. Rising demand for meat is driven in part by the rise of a global middle class. For many companies, data is their greatest asset and at the same time, their largest problem.

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HiddenLayer emerges from stealth to protect AI models from attacks

TechCrunch

Sestito, the former director of threat research at Cylance and VP of engineering at Qualys, co-founded the company several months ago with Tanner Burns and Jim Ballard. “Adversarial machine learning attacks are not loud like ransomware — you have to be looking for them to catch them in time,” Sestito said.

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ShipHero’s Observability Journey to Seamless Software Debugging

Honeycomb

Committed to timely service, ShipHero recognizes that the seamless performance of its software is paramount to customer satisfaction. To maintain this high standard, the development team needs the right data at their fingertips to quickly find and solve problems as they occur.

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An Engineering Manager’s Bill of Rights (and Responsibilities)

Honeycomb

There was fresh momentum around the idea that engineering ICs should be able to progress up a dedicated technical career ladder—one that didn’t top out where management levels began, or push ICs on an up-or-out path into management. These constraints incentivized managers to think hard about how to retain and grow their best senior engineers.