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Cloud optimization startup ProsperOps lands $72M investment

TechCrunch

Incredibly, prior to the investment, ProsperOps had only raised around $800,000. “This investment allows us to expand the scope of the work we perform for our customers and continue growing our engineering and sales teams.” Growth Partners with participation from Active Capital and other unnamed investors. a few months).

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Fintechs could see $100 billion of liquidity in 2021

TechCrunch

Jake Jolis is a partner at Matrix Partners and invests in seed and Series A technology companies including marketplaces and software. Dana Stalder is a partner at Matrix Partners, where he invests predominantly in fintech, consumer marketplaces and enterprise software. Public fintech stocks rose 97% in 2020. Dana Stalder.

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AI-powered supply chain startup Pando lands $30M investment

TechCrunch

Signaling that investments in the supply chain sector remain robust, Pando , a startup developing fulfillment management technologies, today announced that it raised $30 million in a Series B round, bringing its total raised to $45 million. Customers can customize the tools and apps or build their own using Pando’s APIs.

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The Duolingo English Test

A VC: Musings of a VC in NYC

The “incumbent provider” of English proficiency tests, Test Of English As A Foreign Language (aka TOEFL), has had all of the companies and universities who accept it locked up for many years. But in some markets, incumbency matters more than better. It is two sides of the same coin. It costs less ($49 vs $205).

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Accel backs Mexican startup Flink’s effort to bring consumer investing to Latin America

TechCrunch

we take for granted the ability to invest and trade in the stock market. For Mexico City-born Sergio Jiménez Amozurrutia, the fact that in his country of more than 120 million people, only a tiny fraction of the population have the ability to invest in the capital markets just didn’t seem right. Here in the U.S.,

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Booz Allen Hamilton launches $100M corporate venture arm focused on early-stage startups

TechCrunch

Brian MacCarthy, Booz Allen’s VP of ventures, said that the new fund will invest primarily in early-stage (seed, Series A, and Series B) companies and build on Booz Allen’s existing Tech Scouting program, which connects with entrepreneurs to vet emerging security technologies. . In the U.S.,

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The Year to Be Great

Andreessen Horowitz

Pivoting from growth at all costs in 2020 and 2021 to efficiency in 2022 and 2023 meant slashing budgets, shelving new projects, doing RIFs, and picking fights with your cloud provider over your bills. A Great company has a strong, defensible business model that can win market share from incumbents. What’s next Here’s the best part.