Mon.Mar 21, 2022

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Ramp confirms new $8.1B valuation after ‘a nearly 10x’ YoY increase in revenue

TechCrunch

Corporate management startup Ramp confirmed that it has secured $550 million in debt and $200 million in equity in a new financing that doubles its valuation to $8.1 billion. In early February, The Information reported on the then-unconfirmed raise and new valuation. . The approaching decacorn valuation is quite remarkable, given that less than one year ago Ramp had just reached unicorn status with a $115 million round.

Fintech 249
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Courageous Questions: How to Make It Easier to Get Better Insights

Let's Grow Leaders

If you want better insights, ask clearer questions. Particularly during times of uncertainty and change, one of the easiest ways to know what’s really going on is to (1) get clarity about what you don’t know and (2) ask your team some courageous questions. Courageous questions are specific, vulnerable questions that get right to the root of the matter.

How To 183
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Finally takes in $95M in equity, debt to roll out lending for small businesses

TechCrunch

Felix Rodriguez’s family is from the Dominican Republic, and he watched his aunts and uncles come to the United States and create their own businesses. However, he noticed that not all small businesses were on a level playing field when it came to bookkeeping and working capital. In 2018, after a career as a network engineer, Rodriguez and his wife, Glennys Rodriguez, began helping small and mid-sized businesses manage their finances, and after joining with Edwin Mejia, founded Finally.

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Python Declare Variable Without Value

The Crazy Programmer

We know that in many languages like C, C++, Java, when we want to use any variable then first we have to declare that variable and after that, we can use that variable in our program. The languages listed above are high-level languages that are compiled before it runs, but Python is a dynamically compiled language. In python, we don’t have to specify which type of variable we are going to use.

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Get Better Network Graphs & Save Analysts Time

Many organizations today are unlocking the power of their data by using graph databases to feed downstream analytics, enahance visualizations, and more. Yet, when different graph nodes represent the same entity, graphs get messy. Watch this essential video with Senzing CEO Jeff Jonas on how adding entity resolution to a graph database condenses network graphs to improve analytics and save your analysts time.

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Plotlogic scoops up $18M to put hyperspectral imaging to work in the mines

TechCrunch

Mining is one of the oldest industries out there, but it has increasingly embraced high-tech methods as demand has increased. Plotlogic uses hyperspectral imaging, a technique generally found in labs and satellites, to add a new layer of data and automation to these crucial but often dated operations. Hyperspectral imagery is basically a photo that captures light outside the visible range, allowing differentiation of substances that look the same to human eyes.

Analysis 246

More Trending

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Why so many SaaS companies are launching their own media operations

TechCrunch

Around 2003, as blogs began to take hold in the internet psyche , it became clear that these writing tools could be more than an outlet for an individual’s ruminations — they also had vast potential for business and marketing. In 2006, Hubspot launched as a way to take advantage of the trend, giving marketers a platform designed to get inbound leads via blog posts.

Media 245
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The future of work: What workplace trends are on the rise?

CEO Insider

As we’re approaching better times ahead, employers are planning for the future of work. There are a lot of questions and conversations surrounding workplace trends and how organizations plan to move forward. Prior to the pandemic, there may have been employers who were reluctant to initiate a work-from-home culture/policy for several reasons. One of them […].

Trends 128
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Glia raises $45M at a $1B+ valuation for an AI-based CRM that lets agents get hands-on to help

TechCrunch

The world continues to shift more of its customer service needs online, and those building tools to help manage that demand are seeing their stars rise as a result. In the latest development, Glia — which builds AI-based CRM solutions for agents to converse with customers across multiple mediums (including video, voice, messaging, email and chatbots), and then to screenshare to give hands-on help to those users — has closed a new round of funding, a Series D of $45 million that catap

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Is Your Dev Team TOO Big to Succeed? w/ SAIC’s Bob Ritchie

Dzone - DevOps

Modern problems require modern solutions, right? The problem is, it’s becoming increasingly difficult to understand what solutions are required for a given problem and even harder to task a team with finding them.

Culture 114
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Streamlining Database Compliance with CI/CD Integration

IT leaders know the importance of compliance at every level, but the database often gets left behind as other environments are automated for robust protection. This whitepaper emphasizes the importance of robust, auditable, and secure database change management practices for safeguarding organizational compliance. Learn how automating database compliance: Mitigates risk Protects against security vulnerabilities Helps avoid regulatory penalties Aligns database workflows with app lifecycle Turns d

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Kenya-based agritech Apollo raises $40 million in Softbank-led round, joined by Chan Zuckerberg Initiative, CDC

TechCrunch

Kenya-based agritech Apollo Agriculture , which helps farmers access high-quality farm inputs, financing and markets, plans to double the number of farmers it is serving by the end 2022 and to introduce other products that deliver more value per acre of land. This is after raising $40 million in Series B funding in the equity round led by Softbank Vision Fund 2.

Insurance 243
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Tips From the Agile Trenches

Agile Alliance

Agile 203
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Kenya-based Powered by People gets $5 million seed to scale operations of its wholesale e-commerce platform

TechCrunch

A wholesale e-commerce platform based in Kenya, with hubs in the Americas, Asia and Europe, Powered by People , has secured $5 million in seed funding to increase its transaction volume by growing the number of small brands using its B2B online marketplace to reach international buyers. The equity funding was led by Susa Ventures and Golden Ventures, with participation from a number of investors, including Flexport Ventures, J Ventures and the founders of DraftKings, Fabric.

Retail 228
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Secure Software Summit: Reachability and Risk for Security Leaders

DevOps.com

It is impossible to manage security posture without considering two key factors in any potential vulnerability or security flaw: Reachability and risk. The two factors are related. Reachability defines the degree to which a given security vulnerability that is detected, such as a CVE, can actually be attacked and exploited to gain privileged access and […].

Software 106
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Peak Performance: Continuous Testing & Evaluation of LLM-Based Applications

Speaker: Aarushi Kansal, AI Leader & Author and Tony Karrer, Founder & CTO at Aggregage

Software leaders who are building applications based on Large Language Models (LLMs) often find it a challenge to achieve reliability. It’s no surprise given the non-deterministic nature of LLMs. To effectively create reliable LLM-based (often with RAG) applications, extensive testing and evaluation processes are crucial. This often ends up involving meticulous adjustments to prompts.

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Be an entrepreneur who leads with transparency

TechCrunch

Marjorie Radlo-Zandi. Contributor. Share on Twitter. Marjorie Radlo-Zandi is an entrepreneur, board member, mentor to startups and angel investor who shows early-stage businesses how to build and successfully scale their businesses. More posts by this contributor. How to calculate your startup’s TAM, SAM and SOM. 5 essential factors for attracting angel investment.

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2022 MSP Benchmark Survey Highlights: What High-Performing MSPs Do Differently

Kaseya

Although the peak of the COVID-19 pandemic seems to be behind us, its impact on the way businesses operate is here to stay. With most businesses implementing long-term remote or hybrid work, there is a growing demand for managed services, such as cybersecurity, cloud management, compliance and remote monitoring, that can help streamline IT management for their remote workforce.

Survey 105
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Miruku replacing animals with plants to create dairy proteins

TechCrunch

Miruku, a New Zealand-based foodtech company, is applying its molecular farming process to program plant cells to be mini factories for producing proteins and other molecules, like fats and sugars, traditionally made by animals. The company was founded in 2020 by Amos Palfreyman, Ira Bing, Harjinder Singh and Oded Shoseyov, who all have experience in either dairy or plant science.

Energy 225
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Perfect Uptime

The Daily WTF

"So," Burt said, "our bonuses at the end of the year are based on our systems uptime?" "Well," the middle manager introducing their new incentive program said, "not exactly. It's part of your team's performance targets, so we calcula-" "Yeah, I get it," Burt said. "But your top tier goes up to 99.999% What about those of us who get 100% up-time?

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Top 5 Challenges in Designing a Data Warehouse for Multi-Tenant Analytics

Multi-tenant architecture allows software vendors to realize tremendous efficiencies by maintaining a single application stack instead of separate database instances while meeting data privacy needs. When you use a data warehouse to power your multi-tenant analytics, the proper approach is vital. Multi-tenant analytics is NOT the primary use case with traditional data warehouses, causing data security challenges.

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SME lending platform Validus acquires Citi Singapore’s CitiBusiness loan portfolio 

TechCrunch

Validus , a Singapore-based lending platform for small and medium-sized enterprises, is acquiring CitiBusiness’ loan portfolio for an undisclosed amount to bolster its top-line revenue and customer base and expand its growing loan book. . Nikhilesh Goel , co-founder and Group CEO of Validus, told TechCrunch that Validus expects to create synergies with the loan portfolio of CitiBusiness, Citi Singapore’s small banking unit.

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Survey Sees App Testing More Widely Distributed

DevOps.com

A survey of 900 application testing professionals conducted by PractiTest, a provider of a platform for managing testing tools, suggested the number of organizations that have dedicated testing teams is declining at a steady rate. The survey found a 15% decrease in organizations with dedicated testing teams that have six or more members. At the […].

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CommerceIQ gets its horn as capital continues to flow into e-commerce infrastructure startups

TechCrunch

When much of the shopping shifted online during the global pandemic, startups developing software and other products to aid the transition began to garner attention from venture capital firms. We’ve seen companies across the e-commerce infrastructure and enablement ecosystem pick up larger and larger rounds, and CommerceIQ is the latest to secure late-stage financing.

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How Nonprofits Can Use AI and Automation for Good

TechSoup

With "smart tech" becoming a more common discussion in nonprofit tech, we've been asking ourselves, "How can nonprofits adopt artificial intelligence and embrace an 'automation first' mindset?".

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7 Pitfalls for Apache Cassandra in Production

Apache Cassandra is an open-source distributed database that boasts an architecture that delivers high scalability, near 100% availability, and powerful read-and-write performance required for many data-heavy use cases. However, many developers and administrators who are new to this NoSQL database often encounter several challenges that can impact its performance.

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French aerospace company Gama raises $2M to develop a solar sail spacecraft

TechCrunch

Just as sea breezes propel sailboats across the sea on Earth, solar radiation might one day be able to propel spacecraft between the stars. Or at least that’s the hope of French startup Gama. The aerospace company was founded in 2020 by Louis de Gouyon Matignon, Thibaud Elziere and Andrew Nutter, whose goal is to develop a low-cost solar sail that would use light as a means of propulsion for spacecraft.

Company 222
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Could AppOps mean never thinking about infrastructure again?

TechBeacon

Complexity of application deployment automation has snowballed with the need to run across multiple infrastructure platforms and related tools. Building a common application operations (AppOps) model that standardizes application deployment and management will create the developer efficiency that organizations seek.

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Bridgestone takes minority stake in May Mobility

TechCrunch

Tire-making giant Bridgestone has taken a minority stake in May Mobility, a Michigan-based autonomous shuttle startup, marking yet another investment into an autonomous vehicle startup. Bridgestone has previously collaborated with Swedish autonomous freight technology startup Einride to find sustainable mobility solutions for electrified, autonomous trucking and thrown its weight behind Kodiak Robotics , an autonomous trucking startup.

Mobile 215
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The Best Engineering OKRs: 5 Real Examples That Get Results

CloudZero

As a framework for goal-setting, the Objectives and Key Results (OKRs) methodology is an incredibly useful tool when implemented properly. It can help your engineering team better plan and stay aligned toward common objectives through the duration of the development process.

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Reimagined: Building Products with Generative AI

“Reimagined: Building Products with Generative AI” is an extensive guide for integrating generative AI into product strategy and careers featuring over 150 real-world examples, 30 case studies, and 20+ frameworks, and endorsed by over 20 leading AI and product executives, inventors, entrepreneurs, and researchers.

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Luminar acquisition brings high-performance laser capabilities in-house

TechCrunch

Luminar, a company that builds vision-based lidar and machine perception technologies for autonomous vehicles, is acquiring high-performance laser manufacturer Freedom Photonics on Monday. The all-stock transaction involves Luminar selling 3 million shares of its common stock, or about $42.3 million at today’s share price, per a regulatory filing.

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5 Keys to Successfully Implement Team Topologies in Your Organization

Dzone - DevOps

Effective software teams are essential for any organization to deliver value continuously and sustainably. But this effectiveness is, oftentimes, hard to attain. In their book “ Team Topologies ,” Matthew Skelton and Manuel Pais present a “practical, step-by-step adaptive model for organization design and team interaction, where team structures and communication pathways are able to evolve together with technological and organizational maturity.”.

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New data underscores a slowing e-commerce market

TechCrunch

Back in 2020, Ashwin Ramasamy, a founder at PipeCandy , asked on TechCrunch if the “e-commerce shift” the world was seeing as COVID-19 shook up the global economy would last. The answer was yes. But that doesn’t mean that the same pace of online commerce growth that the world saw during the pandemic will be maintained. Indeed, as 2021 came to a close, data began to indicate that the e-commerce boom was slowing.

Marketing 212