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Serverless Stack raises $1M for open-source application framework

TechCrunch

Open-source framework startup Serverless Stack announced Friday that it raised $1 million in seed funding from a group of investors that includes Greylock Partners, SV Angel and Y Combinator. Since its launch six months ago, Serverless Stack has grown to over 2,000 stars on GitHub and was downloaded more than 60,000 times.

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Sequoia backs open source data-validation framework Pydantic to commercialize with cloud services

TechCrunch

Pydantic , the popular Python library and open source data-validation framework used by some of the world’s biggest companies, has a new commercial namesake and the backing of one of Silicon Valley’s most storied venture capital (VC) firms. ” So what, exactly, do developers use Pydantic for? . Pydantic Services Inc.

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In the Vault: Turning Developers Into Clients With Marco Argenti From Goldman Sachs

Andreessen Horowitz

In this conversation, a16z General Partner David Haber talks with Marco Argenti, the chief information officer at Goldman Sachs, about bringing fintech processes into financial services, turning developers into clients, and how AI is a major inflection point in the history of technology. And then I started selling.

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Streamlit nabs $35M Series B to expand machine learning platform

TechCrunch

As a company founded by data scientists, Streamlit may be in a unique position to develop tooling to help companies build machine learning applications. For starters, it developed an open-source project, but today the startup announced an expanded beta of a new commercial offering and $35 million in Series B funding.

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Founders Fund backs Vest, a startup out to give Latin Americans a bridge to investing in the US stock market

TechCrunch

Latin Americans seeking the ability to invest in companies trading on the Nasdaq and New York Stock Exchange now have a new option in Vest, a startup that has launched a mobile-first brokerage app with zero-commission trading in the Americas. The startup currently offer users integration to local banking in the U.S.

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Luos is building an API to help embedded engineers connect easily to any hardware component

TechCrunch

Luos , a participant in the TechCrunch Disrupt Startup Battlefield competition this week, wants to make it easy for embedded hardware developers to connect to any hardware component, such as a motor or sensor, then build a reusable configuration profile to give them the same type of flexibility that software engineers have with microservices.

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Zilliz, the startup behind the Milvus open source vector database for AI apps, raises $60M, relocates to SF

TechCrunch

In 2020, Chinese startup Zilliz — which builds cloud-native software to process data for AI applications and unstructured data analytics, and is the creator of Milvus , the popular open source vector database for similarity searches — raised $43 million to scale its business and prep the company to make a move into the U.S.

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