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Tech
Online used-car marketplace Shift cuts workforce 30% following CarLotz merger
Online used vehicle retailer Shift Technologies cut its workforce by 30% in the first quarter as the company sought to reduce costs and eliminate duplicate positions following its merger with CarLotz, CEO Jeff…
Ramp reports 4x revenue growth, says it still has ‘vast majority’ of equity funding
2022 was a tumultuous year for many fintech startups. But for Ramp, it was a year of opportunity.
The company shared today that it saw its revenue grow by 4x last year, buoyed by what co-founder and CEO Eric…
Substack takes a different tack to raise more capital
It turns out that if you have an active customer audience invested in the long-term viability and success of your platform, you can crowdfund a venture-sized extension round.
Substack, a venture-backed subscription media platform…
Orb, which helps B2B companies price their products, raises $19.1M
Alvaro Morales and Kshitij Grover were working together as engineering leaders at Asana for five years, during a time when the company underwent major changes to pricing and packaging. The initiatives were painful for both the…
U.K. competition authority moves forward with in-depth probe of $61B Broadcom-VMware deal
After putting Broadcom on notice last week that it was concerned that the proposed $61 billion Broadcom-VMware deal could adversely affect competition in the server market, the U.K. Competition and Markets…
Twilio Segment introduces new portable customer records with reverse ETL
Gathering customer information in a CDP is about understanding your customers better and delivering more tailored experiences, but getting that information where it needs to be to make that happen has proven…
Jigso is building an AI assistant to surface the data employees need automatically
Workers are being bombarded with data from a variety of sources. If the point is to make people more productive, as the volume increases, the more difficult it is to find the information you need to do your…
Paytrix raises $18.3M to build out its one-stop payments shop
Payments remains one of the most fragmented of online services, a situation that is only compounded when your business trades internationally. A UK startup called Paytrix says it has raised $18.3 million in funding to build out a…
‘High conviction, low volume’: Playfair launches $70M pre-seed fund for European…
Early-stage investments inherently have a higher risk of failing, but these risks also come with potentially higher rewards — getting in at the ground floor of a startup’s journey gives VCs more negotiation clout. This is…
Daily Crunch: Twitter tells GitHub to remove proprietary source code and help them ID who posted it
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Happy Monday Crunch, our Crunch-a-licious friends!
Our favorite part of Lorenzo’s excellent piece…