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8 questions to answer before your startup faces technical due diligence

TechCrunch

Will your organization and your code pass technical due diligence when it’s your turn? Let’s start with the positives: If an investor is proceeding with technical due diligence (TDD), you’ll likely pass. Here’s the not-so-good news: Companies can pass the business test, but fail TDD.

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Case in point: taking stock of the CrowdStrike outages

CIO

Last summer, a faulty CrowdStrike software update took down millions of computers, caused billions in damages, and underscored that companies are still not able to manage third-party risks, or respond quickly and efficiently to disruptions. Its worth doing that extra step of diligence because it can save you problems down the road, she says.

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With a fresh $46M, Instabug aims to do more than fix your app’s bugs

TechCrunch

Instabug , a startup that aims to help mobile developers monitor, identify and fix bugs within apps, has raised $46 million in a Series B funding round led by Insight Partners. For example, he said, four years ago, if an app wasn’t crashing, that was considered good. We want to give them the right tools so they can be proactive.

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Use radical objectivity to create and retain an inclusive workforce

TechCrunch

Recent research by McKinsey shows that organizations with the most ethnically diverse teams are 36% more likely to financially outperform those with the least. For example, are you using gender-coded or inclusive-coded language to attract inclusion-minded people? What are their cultural drivers?

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LinkSquares benefits from the legal tech boom with a fresh $100M

TechCrunch

Demonstrating that there’s a robust market for contract management solutions, LinkSquares , a company developing intelligent software that helps brands maintain and ink new contracts, today announced that it raised $100 million in Series C financing led by G Squared. million at an $800 million valuation.

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‘High conviction, low volume’: Playfair launches $70M pre-seed fund for European startups

TechCrunch

One of them was Orca AI which was developing a collision-avoidance system for ships, and it was this company from a sea of samey startups that Playfair ended up investing in — both in its 2019 pre-seed funding round, and its follow-on Series A round two years later. There just wasn’t enough differentiation.”

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5 pitfalls to avoid when partnering with startups

CIO

With startups proliferating across IT services, finance technology, technology hardware, enterprise software, and artificial intelligence, among other domains, knowing where to focus your search for an innovation partner can be overwhelming. In the absence of a multistage due diligence process, an enterprise could face third-party risks.