Aneel Lakhani’s Post

Log analytics firm Parseable raises $2.75M from Peak XV’s Surge “Every company I spoke to was frustrated about the cost and complexity of log analytics, while also looking to find new ways to extract insights from their data. We see a foundational shift of moving away from siloed data infrastructure,” Nitish Tiwari, founder of Parseable said. #Parseable #CloudAnalytics #SeedFunding #VentureCapital #TechStartups #DataManagement #OpenSource #ArtificialIntelligence #DeepTech #BusinessNews #Keralanews #Kerala #BusinessReviewLive #BRL #Keralabusiness

UNICORN WATCH THIS WEEK: Defense technology companies, Anduril and Helsing are potentially raising hundreds of millions. CoreWeave secured billions in debt financing to expand its AI infrastructure. CoreWeave secured $7.5 billion in debt financing, led by Blackstone and Magnetar. The financing will be used to expand its AI infrastructure and comes on the heels of a $1 billion Series C round earlier this month. Anduril Industries is aiming to raise $1.5 billion at a valuation of $12.5 billion. Last year, the military defense startup informed investors that its revenue had doubled to $500 million. Scale AI secured $1 billion at a $13.8 billion valuation in a round led by Accel. Tech giants such as NVIDIA, Meta, and Amazon participated in the round. Helsing is allegedly raising $400 million at a $4 billion valuation in Series C led by General Catalyst. The defense tech startup, specializing in AI, has successfully secured contracts with European militaries. Groq is reportedly seeking out $300 million in a new fundraise and has enlisted Morgan Stanley to help with the fundraise. It develops hardware and software designed for AI, and has positioned itself as a rival to NVIDIA. DeepL obtained $300 million at a $2 billion post-money valuation in a round led by Index Ventures. The company is developing AI that will automate text translation and writing processes. Sigma Computing locked up $200 million at a $1.5 billion valuation in a Series D led by Avenir Growth Capital and Spark Capital. The company develops user-friendly data analytics tools that connect to platforms like Snowflake and BigQuery. Farcaster, a blockchain-based social media platform, raised $150 million in a funding round led by Paradigm. Farcaster is built on Ethereum and has had 350,000 paid sign-ups since October. poolside is attempting to raise funds at a valuation near $2 billion. Founded by former GitHub CTO Jason Warner, the AI startup is developing technology to automate coding. Since last April, it has raised a total of $126 million. 𝘖𝘯𝘭𝘺 𝘢𝘤𝘤𝘳𝘦𝘥𝘪𝘵𝘦𝘥 𝘪𝘯𝘷𝘦𝘴𝘵𝘰𝘳𝘴 𝘤𝘢𝘯 𝘣𝘶𝘺 𝘵𝘩𝘳𝘰𝘶𝘨𝘩 𝘏𝘪𝘪𝘷𝘦. 𝘛𝘩𝘪𝘴 𝘪𝘴 𝘯𝘰𝘵 𝘢 𝘳𝘦𝘤𝘰𝘮𝘮𝘦𝘯𝘥𝘢𝘵𝘪𝘰𝘯 𝘰𝘳 𝘰𝘧𝘧𝘦𝘳 𝘵𝘰 𝘣𝘶𝘺 𝘰𝘳 𝘴𝘦𝘭𝘭 𝘴𝘦𝘤𝘶𝘳𝘪𝘵𝘪𝘦𝘴, 𝘢𝘯𝘥 𝘪𝘴 𝘯𝘰𝘵 𝘪𝘯𝘷𝘦𝘴𝘵𝘮𝘦𝘯𝘵 𝘢𝘥𝘷𝘪𝘤𝘦. 𝘛𝘩𝘦 𝘪𝘯𝘧𝘰𝘳𝘮𝘢𝘵𝘪𝘰𝘯 𝘸𝘪𝘵𝘩𝘪𝘯 𝘵𝘩𝘪𝘴 𝘱𝘰𝘴𝘵, 𝘪𝘯𝘤𝘭𝘶𝘥𝘪𝘯𝘨 𝘢𝘯𝘺 𝘷𝘢𝘭𝘶𝘢𝘵𝘪𝘰𝘯𝘴, 𝘢𝘳𝘦 𝘧𝘳𝘰𝘮 𝘵𝘩𝘦 𝘱𝘶𝘣𝘭𝘪𝘤 𝘴𝘰𝘶𝘳𝘤𝘦𝘴 𝘭𝘪𝘯𝘬𝘦𝘥 𝘣𝘦𝘭𝘰𝘸, 𝘢𝘯𝘥 𝘩𝘢𝘷𝘦 𝘯𝘰𝘵 𝘣𝘦𝘦𝘯 𝘪𝘯𝘥𝘦𝘱𝘦𝘯𝘥𝘦𝘯𝘵𝘭𝘺 𝘷𝘦𝘳𝘪𝘧𝘪𝘦𝘥 𝘣𝘺 𝘏𝘪𝘪𝘷𝘦. #technews #startups #privatemarkets #unicorns #ipo #venturecapital

Here Are The Stellar Startup Big Data Vendors To Know In 2024 - CRN: As part of CRN's Stellar Startups for 2024, here are 10 big data technology startups, founded in 2018 or later, that solution providers should be ... #bigdata #cdo #cto

🚀 Big things ahead for Kurrent (formerly Event Store) as we close out 2024 and charge into 2025 with $12M in funding led by Crane Venture Partners! This milestone reflects not just the incredible momentum we’ve built, but also the game-changing potential of our approach to event-driven architecture. 💡 Here’s my favorite snippet from Crane's announcement blog that perfectly captures why I decided to join this journey: "We have been investing in data infrastructure for nearly a decade. We’ve watched the “modern data stack” grow old in the tooth. Enterprises are spending millions to make uncountable copies of the same piece of information, manipulating and modifying it, moving it back and forth from one system to another, paying a tax to every vendor that touches it. Kurrent represents a rethinking of the data stack—starting with bringing together the capabilities of a world-class operational database with streaming data services into an event-native data platform." Excited for what’s next and proud to be part of a team that’s reshaping how the world thinks about events, data streaming, and their relationship with their platforms!

#HerbertvonKarajan 2.0 It’s right there in the company’s name Kestra is all about "or-kestra-tion". The product acts a bit like a train station manager, but for a business environment: #Kestra makes sure the trains run on time, are on the right tracks and are heading to the right station. In more complex terms, Kestra is an event-driven orchestration and scheduling platform that lets companies define and automate complex data workflows. The startup just raised an $8M funding round led by Alven, with existing investors Isai and Axeleo Capital (AXC) participating once again. https://lnkd.in/dsfi69gG Source : Romain Dillet

🤖📊 One Data, a data management #software #startup from Germany, has announced that it has closed a €32 million Series B extension round. 📈 It was led by European deep tech and software investors Vsquared Ventures, Black Semiconductor, Molten Ventures, and HV Capital. 🤖 Read more here: https://lnkd.in/eBvES5eF Dr. Andreas Böhm Benedikt von Schoeler Nelly M. David Kuczek #funding #tech #news #EUstartup #EUtech #deeptech #datamanagement

10 Cool Tech Companies That Raised Funding In December 2024 - CRN: But the big winners in attracting investors in December were two established companies: AI and data lakehouse platform provider Databricks and data ... #bigdata #cdo #cto

Warm take: you already have a data stack, whether you know it or not, and it's never too early to start making it better. If you're working on an early startup, have a look at this article I just published for the analytics consulting firm Matt McIlvride and I started this fall.

Former Snowflake and Microsoft execs back new data governance startup Codified Venture capital firms and longtime tech execs are making a bet on Codified, a new startup out of Seattle that aims to help companies get a better handle on how to manage internal data access standards. Founded last year after being incubated at Madrona Venture Labs, the 5-person company announced a $4 million seed round led by Madrona Venture Group and Vine Ventures, with participation from Soma Capital. Former Snowflake CEO Bob Muglia also invested, along with SAP exec and former Microsoft VP JG Chirapurath, and Shireesh Thota, vice president of databases at Microsoft. Codified founder and CEO Yatharth Gupta… Read More 𝗦𝘁𝗮𝘆 𝗮𝗵𝗲𝗮𝗱 𝗶𝗻 𝘆𝗼𝘂𝗿 𝗶𝗻𝗱𝘂𝘀𝘁𝗿𝘆. 𝗙𝗼𝗹𝗹𝗼𝘄 𝘂𝘀!

Kurrent is ⚡charging⚡ahead with new funding from Crane Venture Partners + Creandum and the launch of Kurrent Enterprise Edition! Incredibly excited to be a part of this powerhouse team and the momentum behind this technology is undeniable. Kurrent represents a rethinking of the data stack—starting with bringing together the capabilities of a world-class operational database with streaming data services into an event-native data platform. Kurrent captures and replays not just WHAT happens in the business, but WHEN, HOW and WHY so businesses can make sense of themselves and the world they play in. Get on board, the future of data infrastructure is going to be simpler and faster and truer. 🎯 https://lnkd.in/gTxXfx68