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Accel

Welcome to Startups Weekly, a fresh human-first take on this week’s startup news and trends. To get this in your inbox, subscribe here. Just as one company’s success shouldn’t cast a halo on its vertical’s brethren, one company’s layoffs don’t quite mean that its competitors are equally screwed. In…

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All this startup news, and we didn’t even talk about Juul

Hello and welcome back to Equity, TechCrunch’s venture capital-focused podcast, where we unpack the numbers behind the headlines. Today Natasha and Alex were on the mics, kicking back and riffing through the biggest technology stories of the week. Our dear Mary Ann was off this week, but will be ba…

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ConductorOne is bringing automation to identity and access management with $15M investment

The founders of ConductorOne, an identity and access control startup, both came from Okta, which is itself a single sign-on vendor based on the zero trust model. In fact, they were in charge of authentication and zero trust products, and saw firsthand how companies were struggling to control permis…

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Accel is rolling out a new, $4 billion late-stage fund, just as certain rivals lose momentum

Accel, the 39-year-old venture firm, just pulled a major power move. It announced, via a simple blog post, that it has just closed a new, global, late-stage fund with $4 billion in capital commitments. The fund, which closed last week, would be notable in any market. It’s a lot of money. But …

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Personio nabs $200M at a $8.5B valuation as its HR for small businesses hits the big time

Personio — a startup out of Munich, Germany that styles itself as a Workday and ServiceNow focused on the small and medium businesses of the world — went on a funding tear through the Covid-19 pandemic after its recruiting, payroll, people management, development and training, workflow …

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Makelog looks to revitalize software release notes with $3M seed

When Makelog founder and CEO JJ Nguyen was working in product management and customer success positions at companies like Segment, Scale AI and Warby Parker, she saw a constant stream of product updates. Yet communication between engineering and product teams couldn’t always keep up with the rapid …

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LocalGlobe becomes Phoenix Court Group, hits $500M first close for new funds, adds an Impact twist

Saul Klein is a busy man. As co-founder, with his father Robin, of LocalGlobe, one of the longest-running VCs in Europe, he has overseen a wide range of initiatives – among other things the pair are passionate investors and philanthropists in LocalGlobe’s HQ’d area of Somers Town, London &#82…

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Dcode Capital raising $50M fund to build bridge between startups and federal government

While startups could serve as a lifeline of innovation, the process to get a government contract is thorny and long. Dcode wants to help.

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Proving that contact center tech remains desirable, Invoca raises $83M

Invoca, a contact center analytics vendor that uses AI to mine calls for insights, has raised $83 million in a venture funding round.

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As the NFT boom fades, major gaming companies slow their crypto plans

When there’s money to be made, feedback can, and often does, go unheard. Still, a few major gaming companies did backtrack on their plans to add NFTs to games. So what happened?

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What to look for when hiring a growth marketing agency

The rapid expansion of the growth marketing industry has created a significant problem for startups looking to hire.

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