Thu.May 05, 2022

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rali_cap gets backing from global VCs and launches $30M fintech fund for emerging markets

TechCrunch

Rali_cap , an early-stage venture capital firm focused on emerging markets fintech, has launched a $30 million fund. Last month, the firm, formerly known as Rally Cap Ventures, reached its first close of $20 million (its initial target) before increasing the fund size, signaling a strong LP appetite. The two-year-old VC fund invests in B2B and API-first fintechs across Africa, Latin America and South Asia at pre-seed and seed stages.

Fintech 246
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Building secure and compliant cloud-first infrastructure

TechBeacon

Minimizing risk doesn't have to mean compromising velocity and agility. The DevSecOps approach introduces security and compliance practices at every phase in the software development lifecycle, allowing development, security, and operations teams to collaborate more effectively.

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6 places where investors look for problems when you’re fundraising

TechCrunch

Bill Petty. Contributor. Share on Twitter. Bill Petty is a partner at Tercera. He is responsible for sourcing, executing and monitoring investments in third-wave services businesses. Are you a founder looking to raise capital? If so, before you open the door to potential investors, your financial house might need a little spring cleaning. As a growth equity investor, we meet with many founders who have a solid handle on the day-to-day operations of their business and have some of the basic finan

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Synopsys Sets Course After Agreeing to Acquire WhiteHat Security

DevOps.com

Synopsys, Inc. plans to add dynamic application security testing (DAST) tools to its software-as-a-service (SaaS) platform in the wake of agreeing to acquire WhiteHat Security from NTT Security Corp. for approximately $330 million in cash. Jason Schmitt, general manager of the Software Integrity Group at Synopsys, said the DAST tools developed by WhiteHat will complement […].

Course 103
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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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Lucid is raising prices on its luxury Air EV by as much as 13%

TechCrunch

Lucid Group is the latest automaker to up the price of its electric vehicles. The company announced Thursday alongside its first-quarter earnings report that it was raising prices of the variants of its luxury Air sedan, beginning June 1. The price hikes push the base price of the Air sedan as much as 13%. All existing reservation holders will not experience price hikes, the company said, noting that updated pricing for Canada will be made public on June 1.

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Canada’s Neo Financial closes on $145M Series C, surpasses 1 million customers

TechCrunch

Canadian digital bank Neo Financial has raised $145.2 million (CAN$185 million) after surpassing the 1 million customer mark, the company announced today. Valar Ventures led the investment, which brings Neo’s total funding to $234.7 million (CAN $299 million) since its 2019 inception, and values the company at over $784.8 million. In Canadian dollars, this means that Neo has achieved unicorn status, or a valuation of over $1 billion.

Banking 243
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Software Testing Life Cycle

InnovationM

A process of testing the software to detect the differences between the existing and the expected requirements OR to find out that the existing features match the Expected requirements and to evaluate the features of the software. WHAT IS STLC (Software Testing Life Cycle)? STLC (Software Testing Life Cycle) is a series of certain phases executed to perform the Software Testing and to make sure.

Testing 98
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Haun Ventures leads $50M round in NFT startup Zora Labs

TechCrunch

The NFT ecosystem continues to chug along, but the vast majority of volume is still moving through the centralized halls of NFT marketplace OpenSea, leaving crypto VCs eager to find new channels. Katie Haun’s new firm, Haun Ventures, has led its first deal in NFT startup Zora Labs. The $50 million funding round values the company at $600 million.

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Pulumi Extends Infrastructure-as-Code Reach

DevOps.com

At its online PulumiUP conference, Pulumi announced it will make its Pulumi CrossCode translation technology available to third parties and DevOps teams. The technology was developed to integrate a wide range of programming languages with its infrastructure-as-code (IaC) platform. The company also announced it has added support for YAML—widely used to configure Kubernetes environments—as well […].

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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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Pitch Deck Teardown: Momentum’s $5M seed pitch deck

TechCrunch

Momentum pulled off what every entrepreneur dreams of: Last year, it closed a lead investor for its seed round — which our own Ron Miller covered at the time — without even creating a pitch deck. A minor investor in its previous round had been keeping a close eye on the company, and when it mentioned it was raising a round, the investor swooped in and convinced Momentum it was the right choice to lead the round.

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What Is cloud security?

Lacework

Cloud computing describes the practice of accessing software, databases, and resources via the Internet instead of on local (also known as ‘on-premises’) hardware. Cloud computing’s first boom began in the 1960s when virtualization — a strategy for dividing system resources between multiple applications — and time-sharing were made popular by vendors like IBM.

Cloud 98
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Sensible Weather is building an ‘oh no, it’s raining while I’m on holiday’ insurance product

TechCrunch

You save for months to be able to go on a fun holiday, and then you spend nine days stuck in your Airbnb hoping the little umbrella on your drink will help against the rain falling from the heavens. Sound familiarly disappointing and disappointingly familiar? Sensible Weather just raised $12 million to build a product to save the day, on the slogan “Sunshine, Guraranteed.” The product is pretty neat; you pay for its insurance policy, and if the snow is too watery, your outdoor concer

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If the great resignation is the problem, leadership is the answer

CEO Insider

I doubt that there are many CEOs or senior leaders who haven’t heard of the ‘Great Resignation’. Reported widely in the media, a picture is being painted of a tsunami of post-covid resignations as employees re-evaluate their work lives. Though its scope and impact is yet to play out in Australia, there’s no doubt in […]. The post If the great resignation is the problem, leadership is the answer appeared first on CEOWORLD magazine.

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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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Deliverr’s nearly flat exit price isn’t as bad as it looks

TechCrunch

The leading story in technology-land this morning is the multibillion dollar exit of Deliverr , a San Francisco, California-based e-commerce fulfillment startup, to e-commerce giant Shopify. At first blush, the deal looks like a clear win. What startup wouldn’t want to exit for billions to a company growing as quickly as Shopify? But when we compare Deliverr’s exit price of $2.1 billion against its $2.05 billion final private price set early last year ( Crunchbase data ), the deal gets a bit mor

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Internal Developer Portal: What it Is and Why You Need One

DevOps.com

One main advantage of the cloud is that it offers developers flexibility and a self-service solution. Instead of having to contact the central infrastructure team whenever a dev team needs a new server or a cluster, the dev team can do it themselves through a simple web UI. This change drastically improves productivity. But there’s […]. The post Internal Developer Portal: What it Is and Why You Need One appeared first on DevOps.com.

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Mobility marketplaces and brake repair on TechCrunch Live

TechCrunch

Walker Drewett founded NuBrakes in May 2019. According to Mike Ghaffary, GP at Canvas Ventures, Drewett is building a high-growth business powered by a marketplace model, which is why Ghaffary led the company’s Series A. The product is simple: On-demand vehicle brake repair services. Join this episode to hear how Drewett raised capital and built NuBrakes on the learnings from his previous startup, NuWash (it’s on-demand car washes, of course).

Mobile 203
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Winning With Data in the Fight Against Fraud, Waste, and Abuse

Cloudera

Fraud, waste, and abuse (FWA) in government is a constant, multi-billion dollar issue that challenges agency leaders at all levels and across all sectors, from healthcare to education to taxation to Social Security. The scope and scale of public spending — federal outlays alone were approximately $6.6 trillion in fiscal year 2020 according to the Congressional Budget Office — make FWA an inherently difficult problem to solve.

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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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Meet Valia, an early-stage VC firm backed by Tiger that wants to back founders who are ‘breaking the mold’

TechCrunch

Former investment banker Khaled Jalanbo was working with emerging artists when he encountered an entrepreneur who pointed out the similarities between working with artists and startup founders. “When you get picked up by a good institution or a good leader, or represented by a good gallery, all of a sudden there’s more demand for people to support you or get behind you,” Jalanbo said.

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Scaling Feature Flag Management for Better Progressive Delivery [Webinar]

Dzone - DevOps

The concept of "progressive delivery" using feature flags has rapidly grown in recent years as the "new standard" in DevOps excellence, and for good reason. The concept of using feature flags to decouple deployment from release to deliver "progressively" expands the principles of continuously improving software directly into production with real users -- in a safe, controlled way.

DevOps 96
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The BNPL crackdown hasn’t crushed Walnut and its latest $110M Series A

TechCrunch

Walnut was founded by Roshan Patel and Yash Joshi to bring the buy now, pay later model to healthcare, arguably the home of some of the least transparent and taxing financial transactions. After being in the inaugural cohort of Plaid’s startup accelerator , the fintech meets health tech play launched last year with millions in venture capital behind it.

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Automate the Migration of Oracle SaaS Application Value Sets with FlexDeploy

Flexagon

Do you have a requirement to migrate Oracle SaaS Value Set configurations? If yes, you have come to the right place. With FlexDeploy, you have the ability to manage those deployments to multiple environments as a whole or at a more granular, Value Set, level. In this blog, I will guide you through the process of deploying your Value Set configurations at the individual Value Set level using FlexDeploy.

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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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Smart dumbbells? Sure, why not?

TechCrunch

I don’t think I’m going out on a limb suggesting that dumbbells aren’t at the top of anyone’s list when it comes to connectivity. Heck, when you’ve got “dumb” in your name, you’re really operating at a disadvantage. Of course, given the smart home fitness explosion of the past several years, why not? Kabata joins a growing number of startups bringing connected strength training into the home.

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Driving 5G and HFC Convergence with Multi-Tenancy at the Edge

CableLabs

CableLabs is making it easier and more efficient to run 5G, DOCSIS and other applications at the edge. Working with our vendor partners, we’ve remediated challenges and improved the way vendors deploy their cloud-native 5G network stacks into a shared, private cloud setting. This early work acts as a catalyst to a vision in which any application workload can be co-located on infrastructure at any location in an operator’s footprint that serves the applications in the most optimal way.

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As supply chain issues mount, Fictiv helps companies get from prototype to manufacturing

TechCrunch

It used to be getting from prototyping to manufacturing meant long, expensive trips to places like Shenzhen and a whole lot of trial and error. Fictiv was founded back in 2013 to address some of the biggest pain points of bringing products to market. The San Francisco startup runs what it calls a Digital Manufacturing Ecosystem, which is, effectively, a user-friendly service for doing just that.

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DHL meets the future of logistics head-on

Beyond B2B

There is one company that is not only dealing with supply chain woes , but also making sure that they don’t happen in the future. That company is DHL Express.

Meeting 75
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Entity Resolution Checklist: What to Consider When Evaluating Options

Are you trying to decide which entity resolution capabilities you need? It can be confusing to determine which features are most important for your project. And sometimes key features are overlooked. Get the Entity Resolution Evaluation Checklist to make sure you’ve thought of everything to make your project a success! The list was created by Senzing’s team of leading entity resolution experts, based on their real-world experience.

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Batteries have become VC and PE’s most electric investment opportunity

TechCrunch

For the better part of a decade, VC firms and growth equity funds have plowed nearly $42 billion into battery technology startups across almost 1,700 deals, according to an analysis by PitchBook and TechCrunch. What’s more, about 75% of the investments in that period happened in the last two years alone. Venture capital firms aren’t unusual in the battery world.

Analysis 167
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AI + the Humanities: Bridging Both Disciplines With Improvised Theater

Dataiku

Picture this. You’re sitting in an auditorium as an audience member for an improv show. But, unlike any conventional improv show you’ve seen prior, this one is markedly different. An actual AI-based chatbot performs in the show and tries to pass as human as it sends lines to one of the professional comedians on stage via an earpiece. This is the first-of-its-kind theater experiment created and put on by the team at Improbotics — a hilarious attempt to justify AI-generated lines that may make no

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Developer onboarding checklist: 8 best practices

Gitprime

Effective developer onboarding programs have eight key elements. Do you have a plan for each element and all work arrangements—in-person, hybrid and remote?