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Databricks crossed $350M run rate in Q3, up from $200M one year ago

6 years ago
The Exchange regularly covers companies as they approach and crest the $100 million revenue mark. Our goal in tracking startups growing at scale is to scout future IPO candidates and better understand the late-stage financing market. Today we’re digging into a company that is a little bit bigger than that. Namely Databricks, a data analytics company […]

Spotify introduces a new music-and-spoken word format, open to all creators

6 years ago
Spotify today is launching a new feature that combines spoken word audio commentary with music tracks. The new format will allow Spotify to reproduce the radio-like experience of listening to a DJ or a music journalist offering their perspective on the music. But Spotify is also making it possible for anyone to use the format […]

With a new focus on marketing software, NewsCred relaunches as Welcome

6 years ago
The company formerly known as NewsCred has a new name and a new product: Welcome. Co-founder and CEO Shafqat Islam explained that this follows a broader shift in the company’s strategy. While previously known as a content marketing business, Islam said NewsCred has been increasingly focused on building a broader software platform for marketers (a […]

What the iPhone 12 tells us about the state of the smartphone industry in 2020

6 years ago
The smartphone industry was in transition well before COVID-19 was a blip on anyone’s radar. More than 13 years after the launch of the original iPhone, these products have long since transitioned from luxury items to commodities, losing some of their luster in the process. The past several years have seen slower upgrade cycles as […]

Turbo Systems becomes Appify and launches app marketplace

6 years ago
When Jen Grant joined Turbo Systems, the no-code mobile application platform, as CEO in March, she came on board just as COVID was shutting down businesses, but she went straight to work and over the last six months she has led two major initiatives that the company announced today: a name change and a new […]

Playbook, a fitness platform that puts creators first, raises $9.3 million

6 years ago
Playbook, aiming to be the Patreon of fitness content, has raised an additional $9.3 million in Series A funding from E.ventures, Michael Ovitz, Abstract, Algae Ventures, Porsche Ventures and FJ Labs. The pandemic has hit the personal trainer and fitness industry incredibly hard. With gyms closed, trainers’ primary funnel for new customers has been shut […]

Dataloop raises $11M Series A round for its AI data management platform

6 years ago
Dataloop, a Tel Aviv-based startup that specializes in helping businesses manage the entire data lifecycle for their AI projects, including helping them annotate their datasets, today announced that it has now raised a total of $16 million. This includes a $5 seed round that was previously unreported, as well as an $11 million Series A […]

Vivun announces $18M Series A to keep growing pre-sales platform

6 years ago
Vivun’s co-founder and CEO, Matt Darrow used to run pre-sales at Zuora and he saw that pre-sales team members had a lot of insight into customers. He believed if he could capture that insight, it would turn into valuable data to be shared across the company. He launched Vivun to build upon that idea in […]

Frontegg raises $5M to help SaaS companies build SaaS faster

6 years ago
Frontegg, a Tel Aviv-based startup that helps SaaS companies build their products faster by giving them access to a set of enterprise-ready building blocks for often-used features like authentication and notifications, today announced that it has raised a $5 million seed round. The round was led by Pitango, with backing from i3 Equity and Global […]

Lab-grown meat project gets first taste of EU public funds

6 years ago
A cultured meat research program led by a Spanish biotech firm has been awarded a €2.7M grant under the European Union’s Horizon 2020 R&D funding framework. The consortium project, called ‘Meat4All’, says it’s the first lab-grown meat research effort to get public investment by the EU — which it’s taking as a sign that regional […]

Pitching tech to optimize building design for sustainability, Atlanta-based Cove.tool raises $5.7 million

6 years ago
Patrick Chopson and Sandeep Ahuja started cove.tool, an Atlanta-based company developing software to optimize building design for sustainability and cost, because of problems they’d faced in their careers as architects. Along with Patrick’s brother, Daniel Chopson, the two Georgia Institute of Technology graduates have developed a suite of software products that are now used by […]
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