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Remembering the startups we lost in 2021

TechCrunch

When we penned the intro for this piece last year , little did we know that — in many ways — we’d still be deep in it by the time 2021’s feature rolled around. 2021 also largely lacked the kind of blockbuster crashes we saw last year, courtesy of names like Quibi and Essential. Abundant Robotics (2016-2021).

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Lightning Labs raises funding to enable stablecoin transfers through Bitcoin network

TechCrunch

Lightning Labs is building infrastructure that would enable users to send money across the world almost instantaneously and at a low cost through the Bitcoin network. Proceeds will be used to enable stablecoin transactions based on the Taro protocol, made possible by Bitcoin’s Taproot upgrade in November 2021.

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Warren gets $1.4 million to help local cloud infrastructure providers compete against Amazon and other giants

TechCrunch

Started as a side project by its founders, Warren is now helping regional cloud infrastructure service providers compete against Amazon, Microsoft, IBM, Google and other tech giants. AWS remains in firm control of the cloud infrastructure market.

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5 key innovations taking e-scooters to a half-billion rides in 2021

TechCrunch

Today, they’re on track to surpass half a billion rides globally by 2021, far outpacing early growth in the carbon-heavy ride-hailing industry founded by Uber in 2009. Responsible data-sharing standards and practices to help cities build new infrastructure for bikes and scooters. #4: Share on Twitter.

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Cisco to acquire startup Valtix to beef up its multicloud network security

TechCrunch

Few organizations use a single cloud infrastructure vendor, and figuring out how to configure security across multiple clouds can be a challenge for companies. With their cloud-native, easy-to-use control plane, they enable customers with common policy and enforcements of networking across all major public cloud environments,” he added.

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Stitch raises $21M for its API infrastructure and embedded finance platform

TechCrunch

This news follows the $4 million Stitch raised out of stealth in February 2021, a prequel to the $2 million extension round it secured four months ago, bringing its seed round to $6 million. The first is what it launched from stealth: the pure infrastructural play of connecting financial and bank accounts with an API.

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Network security startup ExtraHop skips and jumps to $900M exit

TechCrunch

Last year, Seattle-based network security startup ExtraHop was riding high, quickly approaching $100 million in ARR and even making noises about a possible IPO in 2021. The company is part of the narrower Network Detection and Response (NDR) market.

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