Capital might be harder to come by than it once was in startup land, but some firms are bucking the trend — hard. Take Descope, for example, which today announced that it raised a whopping $53 million in seed funding for its “developer-first” authentication and user management platform. The money came from Lightspeed Venture Partners […]
Passwordless authentication startup Descope lands whopping $53M seed round by Kyle Wiggers originally published on TechCrunch
Looking to cash in on the generative AI craze, Yext, the platform for online brand management, today announced an AI-powered chatbot called Yext Chat. Taking inspiration from OpenAI’s ChatGPT, Yext Chat is designed for enterprise use cases — and differentiated, Yext claims, by a partly proprietary back end. “ChatGPT has shown the world that large […]
Yext hops on the generative AI train with Yext Chat, an enterprise-focused chatbot by Kyle Wiggers originally published on TechCrunch
Oligo Security, a Tel Aviv-based startup that focuses on runtime application security and observability to detect and prevent open-source vulnerabilities, is coming out of stealth today and announcing that it has raised a total of $28 million in seed and Series A funding. The company’s investors include Lightspeed Venture Partners, Ballistic Ventures and TLV Partners, […]
Oligo raises $28M to secure open-source libraries at runtime by Frederic Lardinois originally published on TechCrunch
The importance of KYC and identity verification in an increasing fintech landscape like Africa’s cannot be overemphasized. As thousands of financial institutions serve millions of Africans, stringent regulatory requirements are needed to keep hackers and fraudsters at bay, which is why investor interest in startups offering KYC and identity verification services is intensifying. Smile Identity, […]
Costanoa Ventures and Norrsken22 back Smile Identity in $20M Series B round by Tage Kene-Okafor originally published on TechCrunch
Salesforce is looking at new ways to cut costs as activist investors continue to put pressure on the company. Today Insider was reporting that the company is implementing much stricter performance measurements for engineering with some sales people being put under pressure to quit or succumb to harsh performance policies of their own. This is […]
Salesforce yields to activist pressure with harsh new policies for engineers, sales people by Ron Miller originally published on TechCrunch
AI’s ability to reinvent web search remains murky, but the technology’s impact on everyday tools seems to be more promising. Case in point: a startup called Capsule has been putting AI to use in video editing software to improve the speed and efficiency of post-production edits. After launching its AI-powered editor into beta, the company […]
Capsule snags $4.75M for its AI-powered video editor that summarizes text, generates images and more by Sarah Perez originally published on TechCrunch