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

CIO

Hiring AI talent US IT staffing firm Motion Recruitment found that AI engineers saw over a 12% growth in salaries compared to a year ago, and mid-level workers saw a 20% increase. And with all the competition for AI talent, some companies are taking a different approach to recruiting.

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

TechCrunch

Networking and cybersecurity firm Versa today announced that it raised $120 million in a mix of equity and debt led by BlackRock, with participation from Silicon Valley Bank. “We find ourselves in an extremely good place to have the right solution that meets the market needs.”

Security 193
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Honeycomb, a private social app for families, raises $4M seed round

TechCrunch

Other participants in the round include DCM (Kyle Liu), Bling Capital (Ben Ling), and Precursor Ventures (Charles Hudson), as well as angels including Ancestry CEO Deborah Liu, Giphy founder Alex Chung, and Twitter VP of Engineering Nick Caldwell, formerly of Reddit. The idea to return to human curation, not A.I., these days.

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Lightspeed backs CommandK’s mission to become the go-to enterprise security command center

TechCrunch

“Since we’re dealing with sensitive data, we wanted to ensure that while you get the best of the experience, the data doesn’t leave your network,” Sidhwani told TechCrunch. CommandK has an all-remote team of seven employees, consisting of engineers and one designer.

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NeuReality lands $35M to bring AI accelerator chips to market

TechCrunch

.” NeuReality was co-founded in 2019 by Tzvika Shmueli, Yossi Kasus and Tanach, who previously served as a director of engineering at Marvell and Intel. Shmueli was formerly the VP of back-end infrastructure at Mellanox Technologies and the VP of engineering at Habana Labs.

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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 company has now raised $80 million in total, and it’s not disclosing its valuation.

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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%. My best advice: Strengthen your network. 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.