Remove 2012 Remove capital Remove incumbents
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The Breakout Tech Company Of 2018

Haystack

Had I begun this tradition earlier, for those wondering, it would’ve been Airbnb in 2012, and Uber in 2011.). venture capital deals, a spike in mega-financings where it’s common to see not only $100M private rounds, but companies that raise two or three types of financings like this in the same calendar year!

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The Rising Stakes in SaaS

Tomasz Tunguz

In 2012 ChiefMartec landscape counted 350 vendors selling to sales and marketing. Incumbent client/server technologies have lost their market dominance to new incumbents. Incumbent client/server technologies have lost their market dominance to new incumbents. Today, that figure is 5000.

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Avant doubles down on digital banking with Zero Financial acquisition

TechCrunch

Founded in 2012, Chicago-based Avant started out primarily as an online lender targeting “underserved consumers,” but is evolving into digital banking with this acquisition. The company notched gross revenue of $265 million in 2020 and has raised capital over the years from backers such as General Atlantic and Tiger Global Management.

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Argentinian fintech infrastructure startup Geopagos leaves the boot straps behind with $35M funding round

TechCrunch

Geopagos , a payments infrastructure startup based in Buenos Aires, has raised $35 million in a round led by Riverwood Capital. In a nutshell, Geopagos feels it is in the ideal position of being able to serve as the software enabler that can retrofit incumbents like large banks and launch the enablers like fintechs.

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Quickly Unpacking Microsoft’s Acquisition Of GitHub

Haystack

Not yet profitable but invaluable to developers worldwide, the decade-old company bootstrapped, differentiated from formidable competitors GitLab and Atlassian’s BitBucket, weathered leadership upheavals, and eventually ingested lots of venture capital which helped them weather the challenges they faced. 5/ “Decentralized Everything?”

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Former AWS engineer sets out to build a better log search engine

TechCrunch

The largest incumbent in this space is Elastic, the makers of ElasticSearch, a public company founded in 2012. The round was led by Nexus Venture Partners with participation from Dell Technologies Capital, Secure Octane, Cardinia Ventures and several tech industry leaders. The company announced a $3.6

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TechCrunch podcasts this week: Layoffs, the crypto downturn, investor offense and Columbus, Ohio

TechCrunch

We’re also building a growing stable of podcasts focused on the most critical topics relating to the startup and venture capital worlds. Finally, there’s Equity , TechCrunch’s long-running, Webby-award-winning podcast focused on venture capital and the latest startup news, hosted by Natasha , Mary Ann and Alex.