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A first look at UiPath’s IPO filing

TechCrunch

From its fiscal year ending January 31, 2020, to its fiscal year ending January 31, 2021, UiPaths’s revenues grew from $336.2 That top-line expansion brought with it GAAP net income of – $519.9 million in the year ending January 31 2021. billion in mid-2020, and $35 billion in early 2021. million to $607.6

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Honeycomb scores $50M investment as observability platform thrives

TechCrunch

Yen won’t talk about many metrics at this point, but she says they have over 600 customers worldwide, and is happy to share the company’s net revenue retention rate, which measures if those existing customers are sticking around and expanding their usage. “I I think our stand-up metric here is that our net revenue retention is over 160%.

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Sprig raises $30M to help companies gauge users’ reactions to products

TechCrunch

It brings the company’s total raised to $90 million, which CEO Ryan Glasgow says is being put toward expanding Sprig’s service line, support sales and marketing efforts, and dedicating resources to integrations and partnerships. Glasgow founded Sprig in 2019. He demurred when asked about annual recurring revenue.)

Company 193
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TC+ roundup: Silicon Valley Bank fails, fintech VC survey, B2B growth tools

TechCrunch

I’m not a market watcher or a financial expert, but here’s some advice: Panic is a luxury. The current budget-constrained environment should be seen as a net positive by marketers,” he writes. “It If you’ve been personally impacted by this news, take a breath before making a move. Talk to some friends.

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Edtech valuations aren’t skyrocketing, but investors see more exit opportunities

TechCrunch

As investors told us last week , the biggest consumer opportunity in 2021 and beyond is lifelong learning (and portfolio companies have the profits to prove it). Has the new interest from generalist investors made valuations too bubbly, or is the market growth helping everyone? Deborah Quazzo, managing partner, GSV.

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The 10 biggest issues IT faces today

CIO

New technologies hit the market, existing ones evolve, business needs change on a dime, staff comes and goes. Market pressures continue to make customer experience a top CIO concern, says Aamer Baig, a senior partner with management consulting firm McKinsey & Co. CIOs are used to rapid change. Customer experience.

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PINA offers wealth management for Indonesia’s growing middle- to upper-class

TechCrunch

The company was founded in 2021 by Daniel van Leeuwen, the former country marketing head of Grab Indonesia. The app announced today that it has raised $3 million in seed funding from AC Ventures, Vibe.VC and Y Combinator, with participation from XA Network. A few examples include Pluang , GoTrade , Bibit , Ajaib , Pintu and Pluang.