Paid time off startup Sorbet reels in another $15M inside three months

U.S./Israeli startup Sorbet — which helps companies de-risk themselves against accrued paid time off (PTO) by employees — has raised another $15 million, in a round led By Dovi Frances’ Group 11, not long after a $6 million seed round only last April. Sorbet says it removes the burden of PTO from e…

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Remove that ‘exit strategy’ slide from your pitch deck

A lot of pitch decks I review have a slide that really shouldn't be there: the exit strategy slide. As an early-stage startup, it's downright nonsensical, and it shouldn't be part of your deck at all.

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WeWork India exposed visitors’ personal information and selfies

Visitor names, email addresses, phone numbers, and selfies were exposed to the internet.

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Investors’ thirst for growth could bode well for SentinelOne’s IPO

SentinelOne's IPO is a fascinating debut because the company sports a combination of rapid growth and expanding losses that make it a good heat check for the IPO market.

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Iceland’s Frumtak Ventures raises its third, $57M, fund focusing on post-seed and Series A

Frumtak Ventures, one of the few VCs in Iceland, has raised its third fund, Frumtak III. The $57 million (ISK 7b, €48m) fund will focus on post-seed and Series A startups. The firm says its typical ticket size will range from $1-5 million (€850k-4.2m). Frumtak was a somewhat lesser-known European V…

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Zero trust unicorn Illumio closes $225M Series F led by Thoma Bravo

The zero-trust company is now valued at $2.75 billion.

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As clinical guidelines shift, heart disease screening startup pulls in $43M Series B

Cleerly Coronary, a company that uses A.I powered imaging to analyze heart scans, announced a $43 million Series B funding this week. The funding comes at a moment when it seems that a new way of screening for heart disease is on its way.  Cleerly was started in 2017 by James K. Min a cardiologist,…

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Salesforce, AWS announce extended partnership with further two-way integration

Salesforce and AWS represent the two most successful cloud companies in their respective categories. Over the last few years the two cloud giants have had an evolving partnership. Today they announced plans for a new set of integration capabilities to make it easier to share data and build applicat…

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To end cyberterrorism, the government should extend a hand to the private sector

The reality is that while companies can get smarter about cyber defenses and users can get more vigilant in their cyber hygiene practices, only the government has the power to end this behavior.

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Walmart’s AI is getting smarter about grocery delivery

It’s no surprise that the coronavirus pandemic has changed the way we shop, especially when it comes to groceries. Grocery delivery apps experienced a record number of downloads in March 2020, and by the following month, Walmart Grocery (which is now integrated into the Walmart app) surpassed…

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You’re a carmaker, drink-taker, automator

The other week at TC Sessions: Mobility, I spoke to a trio of executives at top automotive companies about why they’re all so bullish about robotics. There are the obvious implications, of course. Automakers have long employed robotics for manufacturing – they were really ahead of the curve on thos…

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