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Juro draws $23M into its browser-based contract automation platform

TechCrunch

London-based legaltech startup Juro has grabbed $23 million in Series B funding for its browser-based contract automation platform. “These companies often process very high volumes of contracts, which is where we really help. “We do this by bringing those contracts out of Word and into a custom-built, browser-native editor.”

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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. Buy a TechCrunch+ membership before July 4, 2022, and save 50% on an annual subscription.

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54gene valuation slashed by over $100M amid job cuts and CEO exit

TechCrunch

In August, it sacked 95 employees , mostly contract staff (in labs and sales departments) hired to work in 54gene’s COVID business line launched in 2020. In September, co-founder and VP of Engineering Ogochukwu Francis Osifo left the company. Yet, 2022 will be a year to forget for the biotech startup.

Biotech 229
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An Engineering Manager’s Bill of Rights (and Responsibilities)

Honeycomb

Fast-forward to 2022. Four years later, in 2022, it feels like the landscape has changed. I no longer spend as many late nights worried about how we craft a compelling career ladder and set of roles for senior engineering ICs. Engineering manager’s Bill of Rights. I’m also no longer primarily a line manager myself.

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Versa raises $120M for its software-defined networking and security stack

TechCrunch

CEO Kelly Ahuja tells TechCrunch that the proceeds, which bring Versa’s total capital raised to $316 million, will be put toward go-to-market efforts and scaling the company. Versa’s large round suggests that, despite the market downturn, VCs haven’t lost faith in cybersecurity vendors yet. billion in 2021).

Security 193
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Cybersecurity Snapshot: Attackers Pounce on Unpatched Vulns, DBIR Says, as Critical Infrastructure Orgs Benefit from CISA’s Alert Program

Tenable

“While the adoption of artificial intelligence to gain access to valuable corporate assets is a concern on the horizon, a failure to patch basic vulnerabilities has threat actors not needing to advance their approach,” Chris Novak, Verizon’s Senior Director of Cybersecurity Consulting said in a statement this week. 1, 2022 to Oct.