After operating as one company for 25 years, Alibaba Group, one of the world’s largest tech companies, announced it will split into six different...
Cloud computing
Big rounds dominated last week, but this week were hard to come by with only two companies raising nine-figure rounds.
After a strong start to the year, this week slowed down. No round came close to $200 million, and only three rounds hit the $100 million mark. Health...
North American startup investment fell sharply in the fourth quarter, closing out 2022 with funding far below the prior year’s record-setting levels.
Layoff news quelled in the weeks leading up to the winter holidays. But it only took four days into the new year for enterprise cloud platform...
It was a weird week. Two of the top four rounds were actually large down rounds and a third came with “restructuring” and layoff news. Not exactly...
Convertible notes are seemingly getting more popular with startups as the venture capital pullback continues.
Twelve companies joined The Crunchbase Unicorn Board in September 2022, adding $19.6 billion in value to the board.
U.S. and European public cloud companies have lost $1.6 trillion in value in 12 months.
For the fourth straight quarter, funding to VC-backed cybersecurity startups decreased—as even one of the most resilient industries showed it is not...
In an effort to scale up cloud capabilities in South Africa, Google plans to build a suite of interconnected sites in Nairobi, Capetown, Johannesburg...


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