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Data observability platform Acceldata raises $50M

TechCrunch

. “Because the data industry is very broad, there is continuing confusion around terms like data observability, creating a need for education around its ‘what and why,’ and the benefit to enterprises,” Choudhary said.

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Spend management platform Teampay expands partnership with Mastercard, raises $47M

TechCrunch

Today, Teampay has hundreds of customers and significant venture capital financing behind it. million in debt) Series B led by Fin Venture Capital with participation from Mastercard, Proof Ventures, Trestle and Espresso Capital, bringing Teampay’s total raised to $65 million. million in equity, $11.75

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7 investors discuss why edtech startups must go back to basics to survive

TechCrunch

The companies that took their first venture capital during the craze decided to join forces with other well-capitalized competitors. To give TechCrunch+ readers a better understanding of what education investors are looking for today, seven leading venture capitalists in the category answered a series of questions about the sector’s future.

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Dan Teran shares Gutter Capital’s challenge of closing its first fund

TechCrunch

Gutter Capital , a New York venture capital firm, closed on $25 million in capital commitments for its first fund to invest in pre-seed and seed stage companies focused on affordability, economic mobility and climate change. It was way harder than venture capital as a founder,” Teran told TechCrunch. “I

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Soci raises $120M in debt and equity to grow its marketing management platform

TechCrunch

A neuroscientist and attorney by education, with a genetics degree from UCSD and law degree from Northwestern, Khoury previously held roles as a geneticist, an attorney and a venture fund manager. “Despite the challenging economic environment, Soci has continued to thrive, innovate and drive value,” Khoury said.

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The end of a second straight month of layoffs in tech

TechCrunch

Edtech business Byju rose to prominence over the pandemic as it both helped answer the demand for remote education and boasted the highest known valuation of any startup in India. This workforce reduction further underscores that the venture capital firm is struggling to grow, both externally and internally. The StockX EC-1.