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Remembering the startups we lost in 2020

TechCrunch

After the events of 2020, however, no doubt many already lean businesses are hanging on by the skin of their teeth. Atrium (2017-2020). Atrium, a 100-person legal tech startup founded by Justin Kan, shut down in March after failing to find an efficient way to replace the arduous systems of law firms. Essential (2017-2020).

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Alloy raises $4M to build out its e-commerce automation service

TechCrunch

Alloy Automation , a startup that was part of the Y Combinator Winter 2020 cohort , announced today that it has closed $5 million across two rounds, the most recent of which brought $4 million to the company in October of 2020. Per the pair, Q4 2020 was good for Alloy. Why $4 million? Finally, let’s talk growth.

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10 investors discuss the no-code and low-code landscape in Q1 2022

TechCrunch

No-code and low-code development suites have so far been used mostly by marketers and analysts. Initially, no-code/low-code was primarily a way for non-technical builders to create (sometimes gimmicky) applications,” said Navin Chaddha, managing director at VC firm Mayfield. How much has adoption increased since?

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SAP faces probe in the US over alleged price fixing in government contracts

CIO

German software giant SAP is under investigation by US officials for allegedly conspiring to overcharge the US government for its technology products over the course of a decade. Federal agents have searched Carahsoft’s offices in Washington, DC, and the DOJ is reviewing court records filed in Baltimore.

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Weights & Biases raises $135M Series C to keep building MLOps software

TechCrunch

Evidence of the former can be found in the growth posted by Databricks in recent quarters, and the latter by just how much cash Big Tech companies are willing to drop on ML-focused roles. According to Carta data , data and analytics-focused Series C rounds since the start of 2020 have median values of $43.75 The product in question.

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Data wants to disrupt your deal flow (again)

TechCrunch

No further due diligence? As history often reminds us , due diligence matters from a human perspective — and vetting a founder beyond their ability to attract talent can save firms from headaches or legal woes. “Our approach? This is our data set, let’s see if we can put money into them,” he said. No problem.

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How fintech and serial founders drove African pre-seed investing to new heights in 2020

TechCrunch

She told TechCrunch that last year’s run of 23 pre-seed rounds (10 of which were $150,000+ deals) per Briter Bridges data , was due to the confidence investors had in the market, especially fintech. million; Nigerian automotive tech startup Autochek Africa , which raised $3.4 ”

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