Court filings: Deel alleges Rippling's “competitive intelligence manager” Brett Alexander Johnson posed as a customer to access Deel's product and business info
HR start-ups Rippling and Deel trade allegations their leaders directed efforts to steal company secrets from one another
Deel says it crossed a $1B annual revenue run rate in Q1 2025, has allocated an M&A budget of $200M to $500M for 2025, and is still aiming for a US IPO in 2026
and are approaching 3 years of profitability. 6 years later, @bouazizalex and @shuoshuooshuooo continue to execute on their vision. Deel is becoming the LinkedIn: Deel : From an id...
Metronome, which offers APIs to help SaaS companies charge customers on a usage basis, raised a $43M Series B led by NEA, bringing its total funding to $78M+
a huge distraction from their product. Bri Kimmel / @briannekimmel : If you've ever worked on billing, it's anything but streamlined and delightful Congrats to Metronome for poweri...
Stability AI raised a $101M seed, a source says at a ~$1B valuation, and its CEO says Stable Diffusion has 10M DAUs and its web app DreamStudio has 1.5M+ users
no billionaires, big funds, governments or anyone else with control of the company or the communities we support. We're completely independent," The future is open-source🔥 https://...
Brex, valued at $12.3B in January 2022, lays off 136, or 11% of its staff, as part of a restructuring, and its CFO departs to join HR software startup Rippling
Patreon lays off 80 employees, or about 17% of its staff, and closes its offices in Dublin and Berlin; the company raised $155M in April 2021 at a $4B valuation
The creator subscription company Patreon is the latest company to be affected by a long line of tech layoffs.
DeFi protocol BadgerDAO is investigating after security researchers say $120.3M was stolen from users via its compromised front end
Quick Take — DeFi protocol BadgerDAO was exploited earlier today for $120 million. — It appears that its front end was compromised and users were tricked into making unwanted tra...
Online wholesale marketplace Faire, aimed at small retailers and brands, raises $260M led by Sequoia Capital at a $7B valuation
launching in Europe, beating all projections, and reaching $1B in annual volume in only 4 years. Shopping local is on! And now, another milestone.... https://news.faire.com/... Del...
Sensor Tower: Clubhouse was downloaded 2.7M times in March, a 72% decline from February's 9.5M+
Sean Burch / The Wrap :
Virtual events startup Hopin raises $400M at a $5.65B valuation, more than double its valuation in its November round
The last 12 months have fundamentally changed how we work together. Alex Wilhelm / TechCrunch : Hopin confirms $400M raise at $5.65B valuation Johnny Boufarhat / Hopin : Announcing...
Despite its limitations, GPT-3, OpenAI's text-generating AI, excels at producing follow-on thoughts to input text, and could thus succeed as a “writing buddy”
OpenAI, an AI research foundation started by Elon Musk, Sam Altman, Greg Brockman, and a few other leaders in ML …
a16z announces Talent x Opportunity fund, starting with $2.2M from a16z partners, to invest in underserved founders; all returns will be reinvested in the fund
Andreessen Horowitz announced today in a blog post that it is launching a fund designed to invest in underrepresented and underserved founders.
Facebook to buy Giphy, keep its branding, integrate with Instagram; sources say the deal is worth ~$400M, while Giphy was valued at ~$600M in its latest round
Facebook has agreed to buy Giphy, the popular platform of sharable animated images, Axios has learned from multiple sources.
Facebook's purchase of Giphy gives FB insight into how and where gifs are shared outside of its own apps, including device IDs and keystrokes in Giphy tools
GIPHY joins Facebook's data collection arsenal — Facebook announced on Friday that it will buy Giphy, a popular GIF search engine …
Meme editor Kapwing, which has grown from ~100,000 to ~1M since launching a year ago, raises $11M Series A led by CRV
Josh Constine / TechCrunch : Tweets: @harrystebbings , @briannekimmel , @crv , @joshconstine , and @joshconstine Tweets: Harry Stebbings / @harrystebbings : I've had 500+ founders...
Profile of Daniel Dines, the CEO of robotic process automation company UiPath, which has 3,000+ employees around the world and generated $155M revenue in 2018
The man who at once epitomizes the hottest new growth area in tech and the burgeoning hopes for entrepreneurship in Eastern Europe twirls … Tweets: @alexrkonrad , @raluapostol , @b...