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New report examines Africa’s growth in the digital economy and VC investment landscape

TechCrunch

It highlights important events in the continent’s tech ecosystem until this point, compares its journey with other emerging markets and provides guidance into the opportunities within various sectors. And though they are inclined to follow the money, Endeavor wants them to look beyond usual market opportunities and map out exit pathways.

VC 97
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Spinning out from the cryptocurrency hardware developer Bitfury, LiquidStack pitches a data center cooling tech

TechCrunch

Enter LiquidStack , a company that’s spinning out from the cryptocurrency hardware technology developer Bitfury Group with a $10 million investment. and research and development in Hong Kong, according to a statement. Later, the companies jointly deployed 160 megawatts of two-phase immersion-cooled data centers.

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Tive, a startup developing supply chain visibility tools, raises $54M

TechCrunch

. “[Our annual recurring revenue is] $29 million and projected to $50 million before the end of the year,” Komoni told TechCrunch via email, adding that the latest investment values Tive at $300 million (post-money). ” Tracking real-time shipments. . ” Toward differentiation. Last year saw $11.3

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Daily grabs another $40M so developers can add video, audio features to any product

TechCrunch

We’ve all embraced video calls, whether it is with our work colleague or our physician, but for developers, it remains a challenge to build both real-time audio and video features into products. The company provides APIs so developers can add those features into products or websites using just two lines of code. Image Credits: Daily.

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AutoRabit, which develops tooling for Salesforce CRM devs, lands $26M

TechCrunch

CEO Meredith Bell says that the new cash will be put toward product development and expanding the size of AutoRabit’s 135-person workforce. AutoRabit was founded in 2015 by Vishnu Datla with the goal of creating a suite of dev tools for companies using Salesforce customer relationship management (CRM) products.

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Honeycomb scores $50M investment as observability platform thrives

TechCrunch

Today the company announced a $50 million investment, a large sum in today’s tightening VC landscape. But the founders didn’t stop at making their product technically match the changing IT landscape, they also wanted to build something that developers wanted to use.

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Case Study: The Dan River Region Ecosystem Development

Ecosystem Builder Hub

As with any movement, there comes a day when grand visions need to either remain that, or be executed on so that they may evolve to the next stage of development and maturation. We have brilliant minds working together to leverage our opportunities and assets to move our community forward and so far, the plan is working.