Tue.Mar 09, 2021

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How I made a $500 million dollar mistake

Beyond B2B

To be honest, I didn’t. But now that I’ve got your attention - I can tell you the story about a bank sub-contractor in India who DID make a $500 million dollar mistake.

Banking 58
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African payments company Flutterwave raises $170M, now valued at over $1B

TechCrunch

The proliferation of fintech services across Africa remains in full swing as investors remain bullish about the opportunities that abound in the sector. Today we behold another unicorn: African payments company Flutterwave announced that it has closed $170 million, valuing the company over $1 billion. New York-based private investment firm Avenir Growth Capital and U.S. hedge fund and investment firm Tiger Global led the Series C round.

Company 364
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Palantir Announces “Double Click” Demo Event on April 14, 2021

CTOvision

Palantir Technologies announced that it will hold the first in a series of “Double Click” demo events on Wednesday, April 14, 2021, at 11:00am ET. Palantir software is used by […].

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Dropbox to acquire secure document sharing startup DocSend for $165M

TechCrunch

Dropbox announced today that it plans to acquire DocSend for $165 million The company helps customers share and track documents by sending a secure link instead of an attachment. “We’re announcing that we’re acquiring DocSend to help us deliver an even broader set of tools for remote work, and DocSend helps customers securely manage and share their business critical documents, backed by powerful engagement analytics,” Houston told me.

Analytics 348
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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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5 Steps to Successful DevOps Culture

DevOps.com

The late business management guru Peter Drucker coined the phrase, “Culture eats strategy for breakfast,” and the phrase has endured through the years. Your people must be passionate and enthusiastic about executing business strategy, or it – and your business – is doomed to fail. But remember that company culture itself needs a strategy to […].

Culture 145

More Trending

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The Next Generation of AI

O'Reilly Media - Ideas

Programs like AlphaZero and GPT-3 are massive accomplishments: they represent years of sustained work solving a difficult problem. But these problems are squarely within the domain of traditional AI. Playing Chess and Go or building ever-better language models have been AI projects for decades. The following projects have a different flavor: In February, PLOS Genetics published an article by researchers who are using GANs (Generative Adversarial Networks) to create artificial human genomes.

Research 145
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4 ways startups will drive GPT-3 adoption in 2021

TechCrunch

Oren Etzioni. Contributor. Share on Twitter. Professor Emeritus at the University of Washington, Oren Etzioni is an entrepreneur and CEO of the non-profit Allen Institute for AI. Matt McIlwain. Contributor. Share on Twitter. Matt McIlwain is an early-stage venture investor at Madrona Venture Group who has been investing in AI technologies for nearly a decade.

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Under the Hood of Real-Time Analytics with Apache Kafka and Pinot

Confluent

Real-time analytics has become the need of the hour for modern internet companies. The ability to derive internal insights around business metrics, user growth and adoption as well as security […].

Analytics 144
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Tackle nabs $35M Series B to help companies navigate cloud marketplaces

TechCrunch

Each of the big three cloud vendors — Amazon, Microsoft and Google — has a marketplace where software vendors can sell their wares. It seems like an easy enough proposition to throw your software up there and be done with it, but it turns out that it’s not quite that simple, requiring a complex set of business and technical tasks. Tackle , a startup that wants to help ease the process of getting a product onto one of these marketplaces, announced a $35 million Series B today.

Company 268
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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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Elastic and Grafana Labs Collaborate on Plugin

CTOvision

Elastic and Grafana Labs are forming a partnership to deliver the best possible experience of both Elasticsearch and Grafana. Through joint development of the official Grafana Elasticsearch plugin, users can combine […].

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Two European companies are mapping a future service for direct air capture to sequestration of CO2

TechCrunch

The Swiss-based, venture capital-backed, direct air capture technology developer Climeworks is partnering with a joint venture between the government of Norway and massive European energy companies to map the pathway for a business that could provide not only the direct capture of carbon dioxide emissions from air, but the underground sequestration and storage of those emissions.

Company 265
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17 Noteworthy AWS Cost Optimization Tools (Organized by Category)

CloudZero

While the cloud offers significant benefits, its inherent elasticity and scalability tend to give rise to uncontrolled cloud costs. Cloud costs can be opaque and difficult to analyze; without some system of identifying the source of costs and managing them, they can quickly undermine your profit margin.

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Zego, the tech-enabled commercial motor insurer, raises $150M at $1.1B valuation

TechCrunch

Zego , the insurtech that got its start by offering flexible motorbike insurance for gig economy workers but has since expanded with a range of tech-enabled commercial motor insurance products, has raised $150 million. Leading the London-based company’s C round — giving it a $1.1 billion valuation and a unicorn status — is DST Global.

Insurance 262
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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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Backup and Disaster Recovery in the Age of GitOps and CI/CD Deployments

Dzone - DevOps

Whether you call it GitOps, Infrastructure-as-Code (IaC), or just using a CI/CD pipeline to automatically deploy changes to an application, I think we can all agree that moving to a model where your application and resource configuration is defined as code is beneficial to everyone involved. This code is usually saved in git, the most popular source version control system for cloud-native projects, and provides an automatic and verifiable change capture process, and simplifies application rollou

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Wefarm adds $11M to expand its network for independent farmers, now at 2.5M users

TechCrunch

The vast majority of startups remain focused on consumers, knowledge workers and the opportunities to provide services to those that are already operating completely, or at least partially, in digital environments. But today comes news of funding for a startup building a social network for what is probably one of the least digital business sectors of all: independent, small-hold farmers in the developing world.

Network 257
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Bitcoin, Ethereum, NFT: New Kings of Leon album available as a form of cryptocurrency

CTOvision

What we like about this article is it includes commentary by renowned cybersecurity leader Bryson Bort: Kings of Leon is making history on Friday by releasing the new album “When […].

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Demostack announces $17.3M investment for demo building platform

TechCrunch

Demostack , an early stage startup that wants to make it easy for companies to build software demos, announced $17.3 million in funding today. The company also announced it was coming out of stealth. That investment breaks down into a $13.3 million Series A led by Bessemer Venture Partners with help from GTM Fund and several individual investors. They also announced a $4 million seed from last December led by Amiti Ventures with participation from Operator Collective, Cerca Partners and a slew o

Software 252
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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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Article: Cut your Design Sprints in Half with these Key Tips

InfoQ Culture Methods

Cut your next design sprint in half with these tips at your side. With this approach, you’ll be able to turn 2.5 days into ~4 hours and the whole sprint to 2.5 days. Make collaborative design thinking easier, more fun, and exciting. With up-front preparation, a clear challenge to tackle, and attention to the clock, you can get to the essentials and turn innovative ideas into testable prototypes.

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Songclip raises $11M to bring more licensed music to social media

TechCrunch

The team behind Songclip thinks that social media could use more music. Yes, music is a big part of the experience on a handful of apps like TikTok and Triller, but Songclip co-founder and COO John vanSuchtelen told me, “That is not the end of how music is going to be a feature, that is a beginning.” He added, “In the next nine to 12 months … just like you never have a phone without a camera, you’re not going to have an app without music clips as a feature when you

Media 250
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Look, Ma! No Pods!

Dzone - DevOps

Introduction. Release Automation is the cornerstone of modern Software Delivery. Well-established CI/CD pipelines are fundamental to every organization that wants to embrace DevOps/GitOps methodologies in order to achieve: Frequent, rapid release cycles. Fully automated deployment and rollback based on deployment strategies (Rolling Updates, Canary Releases, Blue/Green deployment).

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Preply raises a $35 million Series B as demand for language learning grows

TechCrunch

Preply , a tutoring marketplace for language learning, has raised a $35 million Series B co-led by Full In Partners and Owl Ventures, an edtech fund that has backed Byju’s and Newsela. The raise comes nearly a year after the company landed a $10 million Series A. Investors in Preply include Point Nine Capital, Hoxton Ventures, EduCapital, All Iron, Diligent Capital and Evli Growth Partners.

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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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How the Pandemic Renewed Respect for the Agile Mindset

DevOps.com

Agile methodologies were introduced to us around 10 years ago. In that time, we have seen technology advance at breakneck speed and faced many new challenges in the way we work; arguably, never more so than in 2020. However, despite the abundance of change we have experienced, the core values of Agile have stood the […]. The post How the Pandemic Renewed Respect for the Agile Mindset appeared first on DevOps.com.

Agile 110
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Capsule gets $1.5M to build ‘super simple’ decentralized social media

TechCrunch

Capsule ‘s plan to launch a super simple decentralized social media platform which is safe from censorship by Big Tech has advanced another stage: The nascent startup has closed a seed round of funding ($1.5M) led by Beacon Fund, a dedicated crypto fund by Polychain Capital — which is itself focused on startups building on Dfinity’s decentralized network for next-gen ‘open’ apps (aka, the Internet Computer ).

Media 246
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Change Projects vs. Organizational Change

Change Starts Here

Are you implementing a change project, or are you implementing organizational change? It’s an important distinction that may impact the success of your initiative. For example: Are you implementing a process improvement methodology, or are you creating a continuous improvement culture? Are you implementing a product innovation, or are you fostering an entrepreneurial spirit?

Culture 96
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This Pipe-ing hot startup just raised $50M to be the ‘Nasdaq for revenue’

TechCrunch

A little over one year ago, Pipe raised a $6 million seed round led by Craft Ventures to help it pursue its mission of giving SaaS companies a funding alternative outside of equity or venture debt. The buzzy startup’s goal with the money was to give SaaS companies a way to get their revenue upfront by pairing them with investors on a marketplace that pays a discounted rate for the annual value of those contracts.

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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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A dark horse in the Ethereum scaling wars? Chainlink’s oracles find fertile ground on xDai

CTOvision

Read Andrey Shevchenko take a look at Chainlink’s support for xDai, a layer-two sidechain, and how it will help crypto-players on Coin Telegraph : Chainlink (LINK) oracles have made their […].

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Fueled by the pandemic, Daily raises $15M Series A for its real-time video platform

TechCrunch

Daily , the makers of a developer platform for real-time audio and video, has been booming in recent months — in part, due to the pandemic’s impact on remote work, virtual events, telehealth and more. Over the past year, Daily saw around a 20x increase in the number of paying customers and a 30x increase in revenue, it says. Though the team was initially hesitant to raise funds in light of this growth, they have now closed on $15 million Series A funding.

Video 239
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Microsoft’s March 2021 Patch Tuesday Addresses 82 CVEs (CVE-2021-26411)

Tenable

In its March release, Microsoft addressed 82 CVEs, including a zero-day vulnerability in Internet Explorer that has been exploited in the wild and linked to a nation-state campaign targeting security researchers. 10 Critical. 72 Important. 0 Moderate. 0 Low. Microsoft patched 82 CVEs in the March 2021 Patch Tuesday release, including 10 CVEs rated as critical and 72 rated as important.

Windows 107