Conveyor uses AI to automate the painful process of vendor security reviews and RFPs with AI
The 4-year-old startup nabbed a $20 million Series B from SignalFire.
Vijay Pande, founding partner of a16z bio and health strategy, steps down
Since its founding in 2014, a16z Bio+ Health has raised four funds of nearly $3 billion each, including a $1.5 billion fund that closed in 2022.
AI storage platform Vast Data aimed for $25B valuation in new round, sources say
The AI-friendly data storage startup is raising capital at a giant leap in valuation.
Omada Health IPO signals healthier market, avoids ‘down-round’ trend
Omada Health popped in its first day as a public company, validation for founder CEO Sean Duffy.
Figure AI CEO skips live demo, sidesteps BMW deal questions onstage at tech conference
Figure AI has drawn attention for making claims that its AI-powered robots possess human-like fine motor skills and can manipulate objects with precision but hasn’t done a live demonstration of the humanoids.
Cursor’s Anysphere nabs $9.9B valuation, soars past $500M ARR
The massive round is Anysphere’s third fundraise in less than a year. The 3-year-old startup secured its previous capital haul of $100 million at a pre-money valuation of $2.5 billion late last year.
Circle IPO soars, giving hope to more startups waiting to go public
The USDC stablecoin issuer ended its first trading day at a 167% jump from its $31 IPO price.
Console raises $6.2M from Thrive to free IT teams from mundane tasks with AI
Console’s mission is to help IT teams reduce mundane, repetitive tasks, thereby freeing up time for help desk professionals to work on more strategic and sophisticated projects.
Grammarly secures $1B in nondilutive funding from General Catalyst
Grammarly has secured a $1 billion commitment from General Catalyst.
Rillet raises $25M from Sequoia to automate general ledger systems using AI
Rillet directly pulls data from their customers’ banks and platforms to generate financial statements, including the balance sheet and income statement.