Aerospike raises $100M for its real-time database platform to capitalize on the AI boom

NoSQL database Aerospike today announced that it has raised a $100 million Series E round led by Sumeru Equity Partners. Existing investor Alsop Louie Partners also participated in this round. In 2009, the company started as a key-value store with a focus on the adtech industry; Aerospike has since diversified its offerings quite a bit. […]

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GV invests in Home From College, a career platform for Gen Z

Home From College, a career platform for young professionals and college students looking for their first job or internship, announced Wednesday that it raised $5.4 million in a seed round led by GV (formerly Google Ventures). The new capital will go toward building out the platform’s main offering, “Gig,” a marketplace for companies to list […]

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Modal raises $25M to train corporate workers on data and AI

A few years ago, Darren Shimkus, ex-president of Udemy, had a conversation with Dennis Yang about skills building. Shimkus was of the belief that building skills in the corporate sector was a difficult, but not intractable, challenge — one that could perhaps be solved with the right technology. He brought it up to Yang, who […]

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Hailo lands $120 million to keep battling Nvidia as most AI chip startups struggle

The funding climate for AI chip startups, once as sunny as a mid-July day, is beginning to cloud over as Nvidia asserts its dominance. According to a recent report, U.S. chip firms raised just $881 million from January 2023 to September 2023 — down from $1.79 billion in the first three quarters of 2022. AI […]

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Nine crypto VCs weigh in on why Q1 investments were so hot and how it compares to the previous bull market

If the 2023 crypto venture landscape was an ice cold pot of water, the first quarter of 2024 is the part where the bubbles start to form right before water boils, Tom Schmidt, a partner at Dragonfly Capital, said to TechCrunch. And he’s not wrong: $2.52 billion in total capital has been raised across the […]

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