After working at NASA as a rover roboticist, Khawaja Shams underwent something of a career pivot, joining AWS to team up with engineer Daniela Miao on DynamoDB, a fully managed NoSQL database service. Not content to stop there, Shams and Miao left AWS to co-found Momento, a Seattle-based startup that’s today emerging from stealth with […]
A couple of years ago, Xata founder Monica Sarbu was putting together a passion project called Tupo.io, a platform she was building to help women in tech find mentors. She wanted to include a Postgres database with Elastic search in the Tupo web application, and as a side project, she wanted it to be fairly […]
There’s been an explosion of enterprise data in recent years, accelerated by pandemic-spurred digital transformations. An IDC report commissioned by Seagate projected companies would collect 42.2% more data by year-end 2022 than in 2020, amounting to multiple petabytes of data in total. While more data is generally a good thing, particularly where it concerns analytics, […]
Roam, which bills itself as a “cloud HQ” for distributed, remote companies, today emerged from stealth with $30 million in Series A funding led by IVP with participation from undisclosed angel investors. The tranche, which comes after a previously unannounced $10.6 million seed round and values the company at $95 million post-money, will be put […]
Workflow automation may not be what gets you out of bed every morning, but it has long been a hot topic in the world of enterprise software. There are few businesses, after all, that don’t have dozens and dozens of repetitive workflows that are currently done manually that could be automated. Munich-based Flowers Software, which […]
Earlier today, The Exchange dug into changing investor sentiment regarding growth and profitability. A new report looking at cloud and software companies from Battery Ventures ran the math on how investors are rewarding faster growth from less unprofitable companies — dare we say, profitable companies? — with the data indicating that, at least for now, […]
As director of Techstars’ startup pipeline, Saba Karim spends much of his time touting the ways entrepreneurs can benefit by joining an accelerator. But is it the right choice for every founder? After he posted a thread on Twitter offering several rationales explaining why some should definitely avoid them, I invited him to adapt it […]
Metrist, a startup that helps IT teams stay on top of outages among the many cloud services they use to run their own applications, today announced that it has raised a $5.5 million seed round from the likes of Heavybit, Morado Ventures, as well as PagerDuty co-founder Alex Solomon and StatusPage co-founders Scott and Steve […]
What’s better: growing quickly or making lots of money? The answer, in startup terms, is both. But because there is a natural tension between growth (which usually comes with incremental costs, often in advance of new revenues) and profitability (allowing revenue to further extend its coverage of operating costs), most startups lean more on the […]
Galileo, a startup launching a platform for AI model development, today announced that it raised $18 million in a Series A round led by Battery Ventures with participation from The Factory, Walden Catalyst, FPV Ventures, Kaggle co-founder Anthony Goldbloom and other angel investors. The new cash brings the company’s total raised to $23.1 million and […]
