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CIOs take aim at SaaS sprawl

CIO

Years into strategies centered on adopting cloud point solutions, CIOs increasingly find themselves facing a bill past due: rationalizing, managing, and integrating an ever-expanding lineup of SaaS offerings — many of which they themselves didn’t bring into the organization’s cloud estate. Addressing the ensuing sprawl was no quick fix.

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Fashinza, a B2B supply chain marketplace for fashion brands, raises $100M

TechCrunch

. “Even though brands were marking up their retail price at 75% to 80% margins, they were still making only around 8% to 10% profits and losing money due to high inventory wastage or going out of stock. They] struggled with … opacity due to multiple middlemen and their manufacturers being thousands of miles away.”

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Ghost appears with new funding, marketplace to match buyers with unsold products

TechCrunch

Josh Kaplan and Dee Murthy, both founder and co-CEO of the Los Angeles–based company, started Ghost in 2021 after previously working together at Four Five Group, a men’s apparel business. Naturally, they started in apparel but are also seeing opportunity in beauty and home goods. Last week, Syrup Tech raised $6.3

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TryNow raises $12M to bring try-before-you-buy, Prime Wardrobe as a service to online retailers

TechCrunch

TryNow — which provides technology to online retailers that use Shopify Plus to let their customers receive and try out apparel, return what they don’t want and pay only for what they keep — has raised $12 million, funding that it will be using to continue expanding its business.

Retail 253
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Announcing the startups and judges onstage at TC Sessions: Mobility 2022

TechCrunch

Koop Technologies (Pittsburgh, PA, USA) — Presenter: Sergey Litvinenko, co-Founder and CEO. “Koop Technologies is an insurance platform for autonomous vehicles and robotics. MeterFeeder provides backend software, enforcement devices, and payment platform are cost-effective.” Startups pitching on the main stage.

Mobile 190
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Daily Crunch: Berlin-based design platform Kittl raises $11.6M Series A to take on Adobe and Canva

TechCrunch

Today, that’s our delightful little morsel of whimsy, courtesy of Frederic ’s review of a new keyboard (scroll all the way to the bottom for a photo of the adorable little kitteh). The news comes as a surprise considering the rather dry public market activity in the tech world, Mary Ann and Natasha M report. Big Tech Inc.

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Daily Crunch: Falling short of analysts’ estimates, Warner Bros. Discovery posts $2.1B net loss for Q4 2022

TechCrunch

Fashion layoffs : Secondhand apparel marketplace Poshmark is now laying off employees just two months after being acquired by Naver, Kate reports. In the face of conscripted co-founders and blacked-out bunkers, Ukraine’s tech industry marches on. Use code “DC” for a 15% discount on an annual subscription! Big Tech Inc.

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