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Finding a Technical Cofounder for Your Startup

SoCal CTO

I've recently received several emails from people looking for a technical cofounder for their startup. "I'm looking for a partner / cofounder who can not only head the technical aspects and build a working model of the site, but someone with the connections to put a great development team together when we need it.

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Ascend.io lands $31M to automate data pipeline orchestration

TechCrunch

Ascend.io , a company developing data automation products for enterprise customers, has raised $31 million in a Series B round led by Tiger Global with participation from Shasta Ventures and existing investor Accel, it announced today. Rather, it was the ability to scale the productivity of the people who work with data.

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Traceable AI nabs $60M to secure app APIs using machine learning

TechCrunch

The new capital values the company at more than $450 million post-money, and CEO Jyoti Bansal — who’s also the cofounder of BIG Labs and Unusual Ventures — says that it’ll be put toward product development, recruitment, and customer acquisition. Businesses need machine learning here.

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Data observability startup Observe secures $70M

TechCrunch

It takes so long because the telemetry data that they use to analyze the problem is siloed — and specialized tools are used to look at each silo. Observe’s data processing architecture. The founding team was recruited from Splunk, Snowflake, Wavefront, and Roblox,” Burton said.

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WizeHire lands fresh cash to expand its SMB-focused hiring platform

TechCrunch

The tranche values the company at $250 million post-money, and cofounder and CEO Sid Upadhyay says that it’ll be put toward growing WizeHire’s over-100-person headcount, expanding the company’s hiring resources and “further establish[ing]” relationships with technical partners. Image Credits: WizeHire.

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Payroll provider Symmetrical.ai nabs $18.5M to streamline employee payouts

TechCrunch

previously cofounded Turbine Analytics, an investment information processing company based in Poland. Wartolowski was an analyst at EY, while Noga worked at HR and recruitment solutions firm Grupa Pracuj. Algorithms optionally clean and normalize the payroll data while extracting information about hiring and pay policies.

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3 Biggest Mistakes Founder CEOs Make When Building that Crucial First Team

Battery Ventures

Far too often, technical CEOs who have brilliant ideas cannot execute on them, leading to their replacement by seasoned CEOs. After interviewing a few external candidates, I often see founders go with the familiar option, choosing the cofounder or early employee who is like-minded. Avoid being in their business every day.