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Databricks raises B at B valuation as it reaches 5M ARR – TechCrunch

Databricks raises $1B at $28B valuation as it reaches $425M ARR – TechCrunch

by Our Source | May 6, 2021 | Startups

Another hour, another billion-dollar round. That’s how February is kicking off. This time it’s Databricks, which just raised $1 billion Series G at a whopping $28 billion post-money valuation. Databricks is a data-and-AI focused company that interacts with corporate...
BukuWarung, a startup digitizing Indonesia’s SMEs, raises new funding from Rocketship.vc – TechCrunch

BukuWarung, a startup digitizing Indonesia’s SMEs, raises new funding from Rocketship.vc – TechCrunch

by Our Source | May 6, 2021 | Startups

BukuWarung, an Indonesian startup focused on digitizing the country’s 60 million small businesses, announced today it has raised new funding from Rocketship.vc and an Indonesian retail conglomerate. The amount was undisclosed, but sources say it brings BukuWarung’s...
SEC issues statement on past week’s turbulent market activity prompted by Reddit-fueled GameStop run – TechCrunch

SEC issues statement on past week’s turbulent market activity prompted by Reddit-fueled GameStop run – TechCrunch

by Our Source | May 6, 2021 | Startups

The U.S. Securities and Exchange Commission (SEC) has issued an official statement on the tumult of the past week in the public stock market. It’s a relatively brief statement and doesn’t mention any of the key players by name (aka GameStop, Reddit, Robinhood and...
Robinhood raises B after trading halts to keep its platform running – TechCrunch

Robinhood raises $1B after trading halts to keep its platform running – TechCrunch

by Our Source | May 6, 2021 | Startups

After a turbulent week for the stock market and halts to the trading of certain speculative securities including GameStop (GME) and AMC, consumer investing app Robinhood has raised new capital. The new funds total more than $1 billion, with the company telling...
Former Asana employees want to take on Discord with a positive platform for creator communities – TechCrunch

Former Asana employees want to take on Discord with a positive platform for creator communities – TechCrunch

by Our Source | May 6, 2021 | Startups

In a creator-economy world, if you’re only as good as your last YouTube video, then your next YouTube video had better be bigger and louder than the last. Vibely, a new startup co-founded by Asana alumni Teri Yu and Theresa Lee, wants to turn the constant, and often...
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