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

CIO

According to a survey conducted by FTI Consulting on behalf of UST, a digital transformation consultancy, 99% of senior IT decision makers say their companies are deploying AI, with more than half using and integrating it throughout their organizations, and 93% say that AI will be essential to success in the next five years.

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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. “These companies often process very high volumes of contracts, which is where we really help. “We do this by bringing those contracts out of Word and into a custom-built, browser-native editor.”

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Startup CTO or Developer

TechEmpower CTO

Hiring a hands-on lead developer might seem like the right move for an early stage startup. But hiring a lead developer, or even a VP of Engineering, can create a gap between the founders and the developers. A CTO can help you find the right answers. It’s understandable - a hands-on developer can produce a product.

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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. It’s been a strange couple of months at African genomics startup 54gene.

Biotech 229
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Versa raises $120M for its software-defined networking and security stack

TechCrunch

“We find ourselves in an extremely good place to have the right solution that meets the market needs.” They came from Juniper Networks, where Apurva Mehta was the CTO and chief architect of the mobility business unit and Kumar Mehta was the VP of engineering.

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. It’s also preventative care. So if we, say, cover 100% maintenance you could imagine that included, too.”

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

TechCrunch

According to its findings, SaaS founders should target at least 80% and aim to surpass 110%. Find five co-workers to recommend on LinkedIn, reach out to someone you haven’t spoken to in a while, and do your best to keep your mind in the present moment. What to look for when hiring a growth marketing agency.