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ClickHouse Raises $350 Million Series C Led by Khosla Ventures at $6.35 Billion Valuation, Approaching $100M ARR | DeepNewz VC
Business Bytes
ยท
2m ago
Medial
ClickHouse has raised $350 million in a Series C funding round led by Khosla Ventures, achieving a valuation of $6.35 billion. The database management company is known for its speed, scalability, and cost-efficiency in real-time analytics, attributes that have enhanced its appeal to investors. This significant investment underscores the growing demand for advanced data analytics solutions. IVP also participated in the funding, reinforcing their confidence in ClickHouse's ability to deliver without tradeoffs.
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Khosla Ventures and VCs Use Private Equity Approach to Retrofit Main Street America Businesses with AI | DeepNewz VC
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ยท
2m ago
Medial
Khosla Ventures, a venture capital firm, is adopting a private equity strategy to rejuvenate America's small businesses by leveraging cutting-edge technologies. This approach targets the integration of artificial intelligence into traditional Main Street enterprises to enhance their efficiency and competitiveness. By transforming these small businesses, Khosla Ventures aims to create a dynamic business environment that not only adapts to technological advances but also contributes to broader economic growth and innovation across the United States.
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UC Berkeley Spin-Off LMArena Raises $100M for AI Reliability, Valued at $600M | DeepNewz VC
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2m ago
Medial
UC Berkeley spin-off LM Arena, known for its influential AI leaderboards, raised $100 million in a recent funding round, boosting its valuation to $600 million.
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Creatify Raises $15.5 Million Series A Led by WndrCo and Kindred Ventures, Hits $9M ARR with 1.5M Users and AdMax Launch | DeepNewz VC
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ยท
2m ago
Medial
Creatify has successfully raised $15.5 million in a Series A funding round, co-led by WndrCo and Kindred Ventures. Over 18 months, the company expanded its user base to 1.5 million and achieved an annual recurring revenue (ARR) of over $9 million. The team emphasizes that while creating advertisements is straightforward, understanding their effectiveness is crucial.
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Creatify Raises $15.5 Million Series A Led by WndrCo and Kindred Ventures, Hits $9M ARR with 1.5M Users and AdMax Launch | DeepNewz VC
Business Bytes
ยท
2m ago
Medial
Creatify, an AI-driven company, has successfully raised $15.5 million in a Series A funding round co-led by WndrCo and Kindred Ventures. Within 18 months, Creatify expanded its user base to 1.5 million and achieved an annual recurring revenue (ARR) of over $9 million. The company emphasizes that while creating ads is straightforward, understanding their effectiveness is crucial for success.
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Linear Raises $82 Million Series C Led by Accel at $1.25 Billion Valuation to Advance AI-Driven Software Collaboration | DeepNewz VC
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ยท
1m ago
Medial
Linear has raised $82 million in a Series C funding round, achieving a $1.25 billion valuation. The funding, led by Accel, aims to advance AI coordination for modern teams and their agents. Linear focuses on deliberate development, prioritizing quality over convention, and plans to scale this approach.
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Linear Raises $82 Million Series C Led by Accel at $1.25 Billion Valuation to Advance AI-Driven Software Collaboration | DeepNewz VC
Business Bytes
ยท
1m ago
Medial
Linear has raised $82 million in a Series C funding round, achieving a $1.25 billion valuation. Led by Accel, this new investment will help Linear advance its AI-driven tools aimed at streamlining team coordination. The company remains committed to deliberate, quality-focused growth, positioning itself as a key player in enhancing modern team workflows.
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YZi Labs Invests in Open-Source OneKey Wallet; MMT Finance Raises $10M at $100M Valuation Led by OKX | DeepNewz VC
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ยท
2m ago
Medial
MMT Finance recently raised $10 million in a strategic funding round led by OKX, reaching a $100 million valuation. Momentum, associated with this news, is a multi-signature, non-custodial digital assets management solution built on the Move platform. This development hints at a potential airdrop as part of the strategy to promote Momentum's offerings. This investment signals growing interest in innovative digital asset management solutions.
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AI company Glean hits $7.2 billion in valuation in latest funding round
Economic Times
ยท
1m ago
Medial
Glean, a US enterprise AI search startup, has reached a $7.2 billion valuation following a Series F funding round, raising $150 million. Led by Wellington Management, the round also featured new investors like Khosla Ventures. The funds will be used to enhance Glean's product offerings and expand its international presence.
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Wiz walks away from Googleโs $23B acquisition offer: Read the CEOโs note to employees
TechCrunch
ยท
1y ago
Medial
Cybersecurity startup Wiz rejected a $23 billion acquisition offer from Alphabet, despite it being nearly double its last valuation. CEO Assaf Rappaport informed Wizโs 1200 employees of their decision to stay independent, aiming for $1 billion in ARR and an IPO. The company, founded in 2020, includes former Israeli military officers and notable venture backers like Index Ventures and Sequoia Capital.
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Exclusive: IPO-bound Zetwerk adds fresh ESOPs worth $64 Mn
Entrackr
ยท
7m ago
Medial
Business-to-business (B2B) e-commerce unicorn Zetwerk has added a new employee stock option worth Rs 541 crore (approximately $64 million) under its ESOP Plan 2018. This will be the maiden ESOP expansion for the Bengaluru-based company in the ongoing calendar year. The ESOP expansion was followed by its $90 million fundraising led by Khosla Ventures with the participation of The Schiehallion Fund at a $3.1 billion valuation.
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