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IT leaders: What’s the gameplan as tech badly outpaces talent?

CIO

Dun and Bradstreet has been using AI and ML for years, and that includes gen AI, says Michael Manos, the companys CTO. But not every company can say the same. Gen AI-related job listings were particularly common in roles such as data scientists and data engineers, and in software development. Other surveys found a similar gap.

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Juro draws $23M into its browser-based contract automation platform

TechCrunch

London-based legaltech startup Juro has grabbed $23 million in Series B funding for its browser-based contract automation platform. It is finally disclosing customers numbers — saying some 6,000 companies are using its platform, including the likes of Deliveroo, Cazoo, Trustpilot and TheRealReal, with users spread across 85+ countries.

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Startup CTO or Developer

TechEmpower CTO

Should a startup CTO spend their time programming? The role of a CTO varies as the company matures. Here’s a graphic from Socal CTO that illustrates the roles as they change over time: In its earliest days, a startup’s top need is often to produce a product. A CTO can help you find the right answers. It might be.

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54gene valuation slashed by over $100M amid job cuts and CEO exit

TechCrunch

In August, it sacked 95 employees , mostly contract staff (in labs and sales departments) hired to work in 54gene’s COVID business line launched in 2020. In September, co-founder and VP of Engineering Ogochukwu Francis Osifo left the company. 54gene CEO steps down as the company looks to cut more jobs.

Biotech 229
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TechCrunch+ roundup: SaaS success stats, leveraging ad tech chaos, 2022 layoff trends

TechCrunch

If a company’s combined growth and profit rates add up to more than 40%, it’s a good bet. According to its findings, SaaS founders should target at least 80% and aim to surpass 110%. And if you have ever discussed an idea for starting a company with a friend, think about working on a pitch deck.

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Versa raises $120M for its software-defined networking and security stack

TechCrunch

CEO Kelly Ahuja tells TechCrunch that the proceeds, which bring Versa’s total capital raised to $316 million, will be put toward go-to-market efforts and scaling the company. A December 2021 survey by CSO found that 44% of security leaders at large companies expected their budgets to increase in the upcoming 12 months.

Security 193
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Super raises $50M to cover home repairs and maintenance via a subscription model

TechCrunch

The startup plans to use the funding to expand into new markets, to hire more people and to continue adding more maintenance/repair services and partnerships into its wider home-warranty-by-subscription proposition. The San Francisco-based company is currently active in some of the fastest-growing housing markets in the U.S.