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Venture Capital News

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Siliconangle

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Metabase Q secures $11M, expands platform with new mitigator feature

  • Metabase Q has raised $11 million in new funding and introduced a new service for its security platform.
  • The company's cybersecurity platform, Batuta, centralizes management of endpoint devices and helps organizations monitor and mitigate risks.
  • The platform aims to reduce cybersecurity risks, improve operational efficiency, and enhance protection across the network.
  • The new addition to the platform, ZeroAPT Mitigator, enhances protection against advanced persistent threats by proactive hardening systems.

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Medium

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The U.S. Latino Opportunity, Revisited

  • The younger generations of Latinos in the US are poised to shape and influence demand for goods and services, with their sheer numbers and influential role in the US workforces across various states and sectors.
  • Their dispersion and equality across employment categories and geographical locations presents a unique opportunity for corporations if post-pandemic years have taught us anything.
  • U.S. Latino culture is developing its own distinct identity that increasingly differs from that in Latin America, with Gen-Z driving a shift towards authenticity.
  • Businesses will need to meet this population where they are, build authentic relationships to maintain trust and keep up with the change in trends.
  • Latino founders have successfully started and scaled numerous businesses, with two on the list held by Uncommon VC.
  • The Latino community can't fully reach its potential due to systemic financing bottlenecks and needs more inclusive and equitable treatment at the earliest stages of entrepreneurship.
  • The emerging Latino workforce will play a crucial role in America’s future economic success, so educational support is vital.
  • Understanding how to engage with Latinos will be key for corporations, with the younger generations remaining highly online and unapologetic (and exerting more cultural influence across media, politics, business, etc.)
  • The trends mentioned above present emerging and compelling opportunities for decision-makers and entrepreneurs to unlock the Latino opportunity.
  • A more inclusive and equitable ecosystem is essential to realizing the Latinos' potential globally and solving financing bottlenecks.

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Siliconangle

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Every.io raises $22.5M to develop new products for startup back office support

  • Back office stack for startups company Every Inc. has raised $22.5 million in funding.
  • Every offers startups an all-in-one finance and human resources suite.
  • The funding will be used to add more products to their back office suite.
  • Redpoint Ventures LP led the Series A round, with other investors participating.

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Aembit raises $25M to tackle non-human identity security challenges

  • Aembit Inc. has raised $25 million in new funding to further develop its non-human identity and access management (IAM) solutions.
  • Aembit offers a non-human IAM platform that secures access between workloads across clouds, software-as-a-service, and data centers.
  • The company aims to address the issue of non-human identity attacks and provides a comprehensive solution for organizations to secure non-human access.
  • The funding round was led by Acrew Capital, with participation from existing investors Ballistic Ventures, Ten Eleven Ventures, Okta Ventures Inc., and CrowdStrike Falcon Fund.

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Medium

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A VC’s perspective on the last 12 months in Gen AI.

  • GenAI has had a transformative impact on the tech industry in the past year.
  • VCs are investing in GenAI startups, while big tech companies are racing to build their compute infrastructure.
  • Concrete evidence shows that GenAI is creating significant value and is here to stay.
  • Foundational model providers are focusing on capturing long-term value, while LLM providers pose a threat to application layer players.

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Medium

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Why the Best Operating Partners Aren’t Always Ivy League Graduates

  • Operating partners with real-world experience often surpass Ivy League graduates in the startup ecosystem.
  • They understand the challenges and can guide founders based on their own survival instincts.
  • Having made and learned from mistakes, they provide valuable insights to navigate startup hurdles.
  • Their practical approach, resourcefulness, and ability to speak the language of founders make them effective partners.

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Medium

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Harris and Trump to debate in pivotal campaign test

  • The upcoming debate between Donald Trump and Kamala Harris may be more pivotal than most in US politics.
  • The importance of the debate lies in the fact that surveys suggest the race is a statistical dead heat nationally and in key battleground states.
  • While Harris has the opportunity to flesh out her positions before an audience of tens of millions, she will also be under fire from her Republican opponent.
  • Harris must defend the Biden administration’s record on areas where polls show Democrats are weak, such as border security and inflation.
  • Trump, on the other hand, must avoid coming across as domineering or belittling towards Harris, who is the first woman of colour to be a presidential nominee.
  • Both candidates have used markedly different ways of preparing for the debate.
  • Despite election day not arriving until November, early voting is set to begin this month in some key battleground states including Pennsylvania.
  • The debate could help set the political environment for the last two months of the campaign and also be the last chance for the two candidates to reach some voters in states where every ballot matters.

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Medium

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10 Key Questions to Ask VCs as a Startup Founder

  • Understanding a VC’s investment thesis is vital.
  • Knowing the investment range of a VC firm helps gauge if they can meet funding needs.
  • Understanding the track record and involvement of a VC firm is important.
  • Investment terms and additional support offered by VCs should be clarified.

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Saastr

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Just Being Pretty Good at Venture Capital Isn’t Good Enough

  • The median 2017 VC fund is 7 years into a 10-14 year lifetime and is sitting at 1.8x TVPI.
  • After accounting for fees and expenses, the median fund sits closer to 1.4x to its own investors.
  • The goal for VC funds is to achieve a 4x TVPI, which translates to 3x after fees to their own investors.
  • However, the median 2017 fund is not close to reaching its goal, indicating the challenges of doing well in venture capital.

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Medium

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Activate Founder Mode

  • Startup founders must learn where to delegate work and where to get more hands-on, and how to manage people and projects in a way that builds trust instead of eroding it.
  • Founders should not manage all their direct reports the same way - they should spend more time and be more hands-on with the most critical projects and the least experienced people.
  • Management challenges have less to do with how you manage your team and more with who you hired, particularly for executive hires.
  • New hires require a big upfront investment in terms of time and energy to train them on how to work and fit into the company's culture.
  • Founders must be responsible for every piece of work that comes out from their company, whether the work was created by themselves or by someone they hired.
  • Founder Mode means knowing where to go deep and where to sit back, and spending time with the right people and projects, while letting others run on their own.
  • Founders must be intentional with feedback, lead with curiosity, and collaborate with their team to deliver excellent work.
  • Founders must be open to internal promotions and cultivate leaders who are willing to put their work under scrutiny - managers who are too defensive to give feedback may hinder the progress of a startup.
  • Founders set the tone for the company - having skip level one-on-ones and encouraging one-on-one conversations with team members can contribute to a healthy work culture.
  • For attaining sustainable success, founders must learn to activate Founder Mode to navigate the unique challenges of a startup.

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Medium

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A fantastic & Wonderful AI Tool (Voisi All-Inclusive)

  • The Voisi All-Inclusive AI tool is a favorite among professionals and enthusiasts, offering a comprehensive suite of AI-driven features.
  • It has a user-friendly interface and seamless integration across various platforms, making it easy to navigate and integrate with existing tools.
  • The tool provides a broad array of AI functionalities, including natural language processing, predictive analytics, data visualization, and automation.
  • Voisi is known for its reliable performance, minimal downtime, and regular updates, ensuring it stays at the cutting edge of AI technology.

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Medium

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You Don’t Need Venture Capital.

  • Venture capital can provide financial fuel for rapid growth, but it comes with trade-offs such as giving up equity and control over decisions.
  • There are alternative options for entrepreneurs to consider instead of relying on investors or venture capitalists.
  • The author shares their experience in building a healthcare services company and investing in emerging businesses.
  • While venture capital has its allure, it is important to explore different pathways and build without going down that route.

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Medium

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Why and How to Expand into Azerbaijan

  • Azerbaijan's strategic location at the crossroads of Europe and Asia offers a unique combination of economic opportunity and government support for foreign businesses, and it presents real advantages for companies seeking growth beyond familiar markets.
  • Azerbaijan is an ideal market for expansion, particularly for energy, technology, agriculture, and logistics industries.
  • Azerbaijan's infrastructure is designed to facilitate the seamless movement of goods, making it ideal for businesses in logistics, manufacturing, and supply chains.
  • Azerbaijan has diversified significantly opening up new opportunities in agribusiness, innovation, and technology.
  • The Azerbaijani government also offers a range of incentives to facilitate foreign businesses’ entry including Special Economic Zones (SEZs), tax incentives, and simplified administrative procedures.
  • Ranked 34th out of 190 countries in the World Bank’s Doing Business report, Azerbaijan stands out for simplifying business registration, streamlining property registration, and improving tax systems.
  • When expanding into Azerbaijan, it’s important to use the Global Payroll Calculator to understand the total employment costs.
  • For companies seeking to expand quickly into Azerbaijan or multiple jurisdictions simultaneously, leveraging a Global Employer of Record (EOR) is a flexible solution, allowing businesses to test the market with minimal upfront investment and avoid the complexities of setting up and managing a legal entity.
  • Employees working in Special Economic Zones (SEZs) or on government-backed projects may qualify for tax reductions or exemptions, offering a considerable financial advantage for businesses operating in those areas.
  • Global EOR handles the administrative side of the business, so companies can focus on their growth strategy. It also ensures employment practices remain fully compliant, protecting businesses from financial and legal risks.

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Siliconangle

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Realm Security launches with $5M in funding to tackle cybersecurity data overload

  • Startup Realm Security Inc. has launched its security fabric and secured $5 million in seed funding to address the challenges of cybersecurity data overload.
  • Founded by cybersecurity veterans, Realm Security aims to unify and manage security data to help security teams effectively control costs and avoid vendor lock.
  • The company addresses the issue of security data sprawl by integrating and managing data from different sources through artificial intelligence and data processing capabilities.
  • Realm Security's platform also offers control over rising costs by providing usage-based licensing models and aims to alleviate the shortage of information security analysts.

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Siliconangle

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Operant AI raises $10M to expand runtime application protection platform

  • Runtime artificial intelligence application protection platform startup Operant AI Inc. has raised $10 million in new funding.
  • Operant AI offers a runtime application protection platform that actively shields live applications from infrastructure to application programming interfaces.
  • Operant AI's shielding technology enables security engineers and Ops teams to block over 80% of the Open Web Application Security Project's top 10 attacks without any instrumentation or application code changes.
  • The Series A round was led by SineWave Ventures and Felicis Ventures, with participation from other investors.

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