Profluent, which wants to use AI for protein design in drug discovery, raised $106M led by Bezos Expeditions and Altimeter, bringing its total funding to $150M
Amy Feldman / Forbes :
Xbow, whose AI tool automates penetration testing and topped HackerOne's US leaderboard for reporting security flaws, raised a $75M Series B led by Altimeter
Founded by former GitHub Copilot chief Oege de Moor … Forums: Hacker News : XBOW, an autonomous penetration tester, has reached the top spot on HackerOne
Data orchestration startup Hammerspace, which counts Nvidia, Meta, Tesla, Palantir, and the DOD as clients, raised $100M, sources say at a $500M+ valuation
At Altimeter, we love investing in companies solving … Maria Deutscher / SiliconANGLE : Hammerspace nabs $100M for its Linux-powered data management platform Business Wire : Strategic Investors Back H...
Synergy Research: cloud revenue grew 21% YoY in Q1 2024 to $76B; Altimeter: AWS now has 31% market share followed by Azure with 25% and Google with 11%
Last year's doldrums are in the rearview thanks to AI — If you were concerned about slowing cloud infrastructure growth for a time in 2023 …
Berlin-based Parloa, which uses conversational AI to automate call center operations, raised a $66M Series B led by Altimeter, after a $21M Series A in 2023
Paul Sawers / TechCrunch :
Dbt Labs, which develops an open-source data analytics tool, raises a $222M Series D at a $4.2B led by Altimeter, with Sequoia, a16z, and others participating
Dbt Labs cofounder and CEO Tristan Handy had lined up a slate of the top crossover funds to invest in his company at a $6.2 billion valuation … Tweets: @snowflakedb Tweets: @snowflakedb : Congrats to ...
Sources: Altimeter Capital invested $150M-$200M in Cockroach Labs at a $2B valuation and $150M-$200M in workflow automation company Workato at a $1.7B valuation
Eric Newcomer / Newcomer : Tweets: @ericnewcomer Tweets: Eric Newcomer / @ericnewcomer : @modestproposal1 well put. touched on that theme in my latest newsletter. private markets are working to catch...
Essential began with a $30M investment from Playground and Redpoint and raised a second round; Tencent, VY, Altimeter, Access Tech logos also visible on site
Ina Fried / Axios :