Remove series software-on-the-rocks
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Jeff Bezos’ investment fund is backing a startup hoping to be the AWS for SMB accounting

TechCrunch

On Friday, the company announced a $100 million Series C that doubles the company’s valuation to $1.2 Stripe and Index Ventures co-led Pilot’s $40 million Series B in April 2019. Pilot’s pitch is about more than just software. QuickBooks, it seems, just doesn’t always cut it.

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8 big IT failures of 2023

CIO

Both United Airlines and Hawaiian Airlines saw service outages in 2023 resulting from wonky software upgrades, and Southwest ended the previous year with a Christmas travel meltdown blamed on outdated systems. IT provides the plumbing for just about every company in existence today. Honestly, it’s a wonder the system works at all.

Airlines 345
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Farmstead, a grocery startup with a focus on software, raises $7.9M

TechCrunch

Farmstead , a startup that operates an online grocery business while also selling software to other grocers, is announcing that it has raised $7.9 million in Series A funding. To address these issues, Elankumaran said Farmstead has built software to “re-orchestrate” warehouse operations and make them more efficient.

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CircleCI announces $100M Series F on $1.7B valuation along with Vamp acquisition

TechCrunch

CircleCI , the continuous delivery pioneer, announced a $100 million Series F today on a $1.7 The funding was led by Greenspring Associates with participation from Eleven Prime, IVP, Sapphire Ventures, Top Tier Capital Partners, Baseline Ventures, Threshold, Scale, Owl Rock and Next Equity Partners. billion valuation.

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Join us for a live Q&A with Bessemer’s Byron Deeter next Tuesday at 3 p.m ET, noon PT

TechCrunch

The Extra Crunch Live series rolls along with a big new installment next week as Jordan Crook and Alex Wilhelm will welcome Bessemer Venture Partners ‘ Byron Deeter to the conversation. If you are an Extra Crunch Live veteran — you rock star, you! Why talk to a Bessemer partner in the current moment? Details.

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Talkdesk’s valuation jumps to $10B with Series D for smart contact centers

TechCrunch

Talkdesk , a provider of cloud-based contact center software, announced $230 million in new Series D funding that more than triples the company’s valuation to $10 billion, Talkdesk founder CEO Tiago Paiva confirmed to TechCrunch. The new funding follows a $143 million Series C raised last July that gave it a $3 billion valuation.

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Why I’m hitting pause on ARR-focused coverage

TechCrunch

As 2021 kicked off, I reformulated a series of posts we published last year focused on startups that had reached the $100 million ARR (annual recurring revenue) mark. For now, I’m hitting pause on the $50 million ARR series and whatever might have come from the $100 million ARR legacy effort. And the results were a bit medium.