Wed.Feb 16, 2022

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African fintech Flutterwave triples valuation to over $3B after $250M Series D

TechCrunch

African fintech Flutterwave has raised $250 million in a Series D round that tripled the company’s valuation to over $3 billion in just twelve months. In March 2021, the San Francisco-headquartered and Lagos-based startup raised $170 million in a Series C round from Tiger Global and Avenir at a valuation of $1 billion. The latest financing, which confirms a Bloomberg scoop from October, brings Flutterwave’s total raise since its inception six years ago to $475 million (it raised a $35 million Se

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Adaptability and Why Frameworks Beat Formulas

CEO Insider

In today’s world, we place a premium on adaptability. Whether in the boardroom or on the football field, we are challenged to adapt to difficult conditions or try something new to respond to the unexpected. During this year’s NFC playoffs, the 49ers overcome the bitter cold at Lambeau Field to upset the Packers on their […]. The post Adaptability and Why Frameworks Beat Formulas appeared first on CEOWORLD magazine.

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Hong Kong’s offline and virtual events platform EventX closes $18M Series B

TechCrunch

As countries ease up on COVID restrictions, activities are going back in person. But the virtual event space continues to attract investors, at least in Asia. Hong Kong-based events management platform EventX said today it has raised another $8 million for its Series B, lifting the total amount secured for this round to $18 million. The new injection was led by GL Ventures, the early-stage investment arm of Hillhouse Capital.

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Watch Your Language(s)

DevOps.com

Just about every organization I am familiar with today is using more languages, frameworks, libraries, etc. than they were a decade ago. Back then, most organizations were doing a lot of Java, and maybe a little bit of PHP or.NET (almost always VB.NET). Now we have Java, Python, Ruby, Go, Swift, etc. And etc., […]. The post Watch Your Language(s) appeared first on DevOps.com.

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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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Employment Hero raises $181M AUD at $1.25B AUD valuation, acquires KeyPay

TechCrunch

Human resources platform Employment Hero announced today it has raised $181 million AUD (or about $129 million USD), putting it at unicorn valuation in Australian dollars of $1.25 billion (or about $890 million USD). The round was led by returning investors Seek Investments with participation from OneVentures, AirTree Ventures and other shareholders.

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Cansativa Group grabs capital as Germany readies for recreational cannabis market

TechCrunch

Calvin Broadus, a.k.a. Snoop Dogg, rocked the stage at Sunday’s Super Bowl, and now his Casa Verde Capital team is pumping new funds into Frankfurt-based Cansativa Group , touted as the “largest medical cannabis distributor” in Germany. Cansativa Group came onto the scene in 2017 with business-to-business tools for customers to manage every stage of the cannabis value chain — from importing goods to distributing them — and all associated logistics required to get product to thousands of pharmaci

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22 Digital Transformation Statistics for 2022

Modus Create

In October 2021, we surveyed over 1,000 senior executives in the US, with a goal to understand their digital appetite and aspirations for 2022. . The survey revealed interesting insights on Corporate America’s readiness for various digital initiatives, which we consolidated in our 2022 State of Digital Transformation report. This blog is a condensed version of the survey’s most compelling digital transformation statistics. .

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Stronghold launches $100M venture arm to invest in underrepresented founders and fintech

TechCrunch

Payments infrastructure company Stronghold has launched a venture capital arm to deploy $100 million of its balance sheet capital in startups and funds in three core strategies — underrepresented founders, fintech, and web3, CEO Tammy Camp told TechCrunch in an interview. Stronghold offers a suite of fintech and blockchain APIs and services, including embedded payments, clearing and settlement, according to its website.

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What Salary Can You Expect As An Entry Level Software Developer?

Coding Dojo

If you’ve considered becoming a software developer, you’ve most likely wondered about what what the entry level software developer salary … Read more >>. The post What Salary Can You Expect As An Entry Level Software Developer? appeared first on Coding Dojo Blog.

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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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CrowdForce raises $3.6M to increase access to cash for underserved communities in Nigeria

TechCrunch

Nigeria has an average of 4.8 bank branches and 19 ATMs per 100,000 adults, compared to the world average of 13 bank branches and 40 ATMs. Reports also say that less than one-third of Nigerian adults have access to a bank branch or ATM within one kilometer of where they live. This challenge in accessing financial services, especially for the unbanked and underbanked, has given rise to agency banking.

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What Is Cloud Cost Optimization? 15+ Best Practices For 2022

CloudZero

As companies increasingly build in the cloud, cost optimization has become a major issue for many engineering teams. While cloud providers like AWS offer flexibility and easy scalability, cloud costs are often opaque and difficult to track.

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How to find a job as a scout for a VC firm

TechCrunch

David Teten. Contributor. Share on Twitter. David Teten is founder of Versatile VC and writes periodically at teten.com and @dteten. More posts by this contributor. What are the ‘jobs to be done’ of an investment manager? The macro trends forcing change on the investment management industry. Akshat Dixit. Contributor. Akshat Dixit is a senior at North Carolina State University, an intern at Versatile VC , and a past intern with the HBS Alumni Angels Association and the Innovation Qua

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Adopting Zero Trust in Kubernetes: The Fundamentals

Aqua Security

In late January, the White House published a memo that lays the groundwork for creating a zero-trust architecture for federal agencies. With renewed attention from the US government, zero-trust networking is an area that many organizations are focusing on to improve their security posture. With that focus, it makes sense to understand where these principles can be applied to cloud native environments and, specifically, Kubernetes clusters.

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How to Migrate From DataStax Enterprise to Instaclustr Managed Apache Cassandra

If you’re considering migrating from DataStax Enterprise (DSE) to open source Apache Cassandra®, our comprehensive guide is tailored for architects, engineers, and IT directors. Whether you’re motivated by cost savings, avoiding vendor lock-in, or embracing the vibrant open-source community, Apache Cassandra offers robust value. Transition seamlessly to Instaclustr Managed Cassandra with our expert insights, ensuring zero downtime during migration.

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Voila raises $6M for its A.I.-powered storefronts for online creators

TechCrunch

Voila , a startup building infrastructure for social commerce, is bringing concepts from China’s e-commerce market to the U.S. The company offers an alternative to the “link in bio” solutions used today by creators, like Linktree and Beacons, which direct followers to creators’ social profiles, personal websites, and other recommendations.

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Analyzing SRE Job Postings

DevOps.com

You can find plenty of high-level definitions out on the internet about what site reliability engineering means and what site reliability engineers do. But if you want to understand what it’s actually like to work as a site reliability engineer, there is perhaps no better source than job descriptions. SRE job ads explain what real […]. The post Analyzing SRE Job Postings appeared first on DevOps.com.

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Spotter raises $200M to invest $1 billion into YouTubers’ back catalogs

TechCrunch

How do YouTubers make a living? Usually, through a mixture of merch sales, membership programs or maybe even a custom product. But YouTube ad revenue makes up a sizable chunk of the pie chart. A YouTuber’s back catalog becomes a financial asset — every month, they know they’ll get a payout from ever-increasing engagement on their past content.

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How to Migrate Existing Infrastructure to Terraform

DevOps.com

Infrastructure-as-code (IaC) enables managing and provisioning infrastructure through code instead of manual processes. IaC is crucial for DevOps teams as it lets them manage infrastructure components, such as networks and load balancers, and enables test applications in production-like environments early in the development cycle. It allows DevOps teams to build, change and manage infrastructure in […].

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A Tale of Two Case Studies: Using LLMs in Production

Speaker: Tony Karrer, Ryan Barker, Grant Wiles, Zach Asman, & Mark Pace

Join our exclusive webinar with top industry visionaries, where we'll explore the latest innovations in Artificial Intelligence and the incredible potential of LLMs. We'll walk through two compelling case studies that showcase how AI is reimagining industries and revolutionizing the way we interact with technology. Some takeaways include: How to test and evaluate results 📊 Why confidence scoring matters 🔐 How to assess cost and quality 🤖 Cross-platform cost vs. quality tr

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Welcome to the post-pandemic economy, startups

TechCrunch

Earnings season is usually a snoozer if you aren’t obsessed with the stock market. So I understand if the last thing you want to read about this morning is a meta-analysis of cross-sector earnings. But hear me out. TechCrunch has tracked a select handful of earnings reports from major technology companies in the current Q4 2021 reporting cycle.

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How Do Micro Lending Platforms Work?

Daffodil Software

The most wholesome and altruistic innovation to come out of the FinTech, or financial technology domain is that of microlending apps and platforms. Micro lending platforms leverage peer-to-peer (P2P) technologies to offer loans to small businesses as well as personal microloans to individuals without a standardized credit history.

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With a $50M Series C, Instrumental looks to expand data-driven manufacturing solution

TechCrunch

Instrumental was launched by two former Apple mechanical engineers in 2015. Having worked on products like the iPod and Apple Watch for the previous six years, they were intimately familiar with the process for checking on manufacturing quality: You got on a plane to Asia and took a look for yourself. CEO and co-founder Anna-Katrina Shedletsky said that after logging thousands of air miles, she and co-founder Samuel Weiss left Apple in 2015 with an idea for replacing on-site inspections with a s

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CEOWORLD magazine Announces Appointment of Three New Board Members: Prince Georges IV, 11th Duke of Royan; Dr. Bartosz Marcinkowski; and Dr. William Putsis

CEO Insider

CEOWORLD magazine (ISSN: 2771-7216), the definitive magazine for CEOs, CFOs, high-level executives, business leaders, and high net worth individuals, today announced the appointments of Prince Georges IV, 11th Duke of Royan; Dr. Bartosz Marcinkowski; and Dr. William Putsis to its External Advisory Board (EAB). The changes reflect a thoughtful and strategic approach to CEOWORLD magazine’s […].

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“Build vs Buy Analytics?” The Question ALL SaaS Leaders Need to Answer in 2024

As a SaaS leader, you know that the more metrics, insights, and analytics you add to your products, the more engagement you’ll have – and the stickier your product will become with customers. At what point do you decide to keep building your analytics in-house or invest in an embedded analytics solution? Read our Build vs. Buy Analytics guide to learn: Top 4 benefits of embedded analytics A quick cost comparison of in-house analytics development vs embedded analytics 10 considerations to help yo

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GV’s Terri Burns outlines the essential dos and don’ts of finding product-market fit at TechCrunch Early Stage

TechCrunch

Finding product-market fit, that elusive holy grail of startup success, can be one of the biggest challenges early-stage founders face. This crucial milestone assures you — and potential investors — that your customer base is actively buying, using and talking about your product. In short, it determines the future growth and profitability of your startup.

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DZone Early Access: April 7th, meet my friends from Slack, Netflix, AMEX and other amazing engineering leaders

Dzone - DevOps

When it comes to code, developers have the world at their fingertips. From Stack Overflow to Google, when we have a question about how to solve a programming problem, the answers are (hopefully) one click away. When it comes to engineering leadership, that wisdom isn’t so accessible.

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Dear Sophie: Should we seek a K-1 visa or marriage-based green card?

TechCrunch

Sophie Alcorn. Contributor. Share on Twitter. Sophie Alcorn is the founder of Alcorn Immigration Law in Silicon Valley and 2019 Global Law Experts Awards’ “Law Firm of the Year in California for Entrepreneur Immigration Services.” She connects people with the businesses and opportunities that expand their lives. More posts by this contributor. Dear Sophie: How can early-stage startups compete for talent?

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Using Travis CI for Deploying Mulesoft Applications to Cloudhub

Dzone - DevOps

What Is Travis CI? Travis CI is a hosted continuous integration service used to build and test software projects hosted at GitHub and Bitbucket. Travis CI provides various paid plans for private projects and a free plan for open source. Travis CI is available at [link]. [link] supports only public repositories. To support GitHub private repositories, you can use [link].

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IDC Analyst Report: The Open Source Blind Spot Putting Businesses at Risk

In a recent study, IDC found that 64% of organizations said they were already using open source in software development with a further 25% planning to in the next year. Most organizations are unaware of just how much open-source code is used and underestimate their dependency on it. As enterprises grow the use of open-source software, they face a new challenge: understanding the scope of open-source software that's being used throughout the organization and the corresponding exposure.

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Blueland raises more money to avoid shipping water around and reduce single-use plastics

TechCrunch

The cleaning products you use in your house are 99% water. Yes, the same stuff that comes out of the spigot at your house. With the radical idea that the municipal water system is probably a better way to transport water around, Blueland just raised $20 million to expand its successful line of cleaning-products-in-tablet-form, in a bid to reduce single-use plastics and put a stop to the silliness of shipping water around from factory to retail store, and from retail store to your house.

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Boost Your Media Literacy Skills with Free Online Courses on Hive Mind

TechSoup

Hive Mind , powered by the TechSoup Global Network , is a safe learning space for activists, trainers, and organizations around the world. It helps civil society actors build their digital resilience.

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Genesis raises $200M in Tiger-led round to grow its finance-focused low-code application platform

TechCrunch

Genesis, which has built a low-code/no-code application platform specifically for the financial markets, announced today it has landed a $200 million investment led by Tiger Global Management. The financing comes 11 months after the company announced it had raised $45 million , as our own Ingrid Lunden reported last March. Interestingly, Genesis had raised less than $5 million prior to last year, mostly bootstrapping its business.