Bending Spoons to buy collaboration tools maker Miro for $1.36B, 90% less than its 2022 valuation
Bending Spoons is buying Miro for $1.36 billion, a huge dip in valuation for the workplace collaboration startup, which was…
Startups
Sequoia doubles down on Cymphony as AI agents create new enterprise security risks
Cymphony gives security teams a single view of employees, AI agents, and other nonhuman identities, including the systems and sensitive…
Startup ARR is less secure than ever, new research shows
The AI era has completely broken enterprise buying patterns, and startups haven't yet figured out how to navigate.
Palo Alto Networks paid $500M for Thrive-backed Console, sources say
The acquisition also leaves Sequoia-backed Serval as the de facto startup leader in AI IT service automation, industry watchers believe.
Wonderful more than doubles its valuation to $5B in under 6 months
Wonderful said it will use its $550 million Series C funding to develop products faster, expand its FDE teams, and…
Sequoia-incubated Empirik launches with $21M to predict outages before they happen
The startup wants to do for IT infrastructure what Cursor did for software engineering.
Runlayer, Rippling drop lawsuits — but the brouhaha is still a cautionary tale for founders
Runlayer and Rippling have dropped their lawsuits. No money was paid. Rippling celebrated by releasing a competing product.
AI code-testing startup Blacksmith’s valuation jumps almost 10x in less than a year
Blacksmith says revenue has grown more than tenfold over the past year.
MCP startup Runlayer accuses Rippling of stealing its product idea
Runlayer is suing Rippling after Rippling evaluated the startup's MCP gateway product and then opted to build one itself.
ServiceNow bets $40 million on Indian banking software specialist to expand its financial services push
ServiceNow's investment gives BusinessNext a strategic partner to expand its AI-powered banking software globally.