A little over a week after announcing $150 million in new funding, fintech startup Brex is laying off 62 people.
COVID-19
Tech news items for this week from our friends at Tech.eu.
San Francisco-based ThousandEyes has raised more than $110 million in venture funding since its 2010 inception.
RemoteHQ's virtual office platform enables customers to create an interactive meeting room so employees can work from anywhere.
ZoomInfo would raise between $712 million and $801 million through its IPO with the price range it has set.
Already a unicorn, the startup's valuation has now more than doubled since 2019.
With the COVID-19 pandemic changing consumer’s spending habits, many credit card owners have changed which behaviors they want rewarded.
Other investors include Intuit founder Scott Cook, Zillow co-founder Spencer Rascoff, and Scopely co-founder Eytan Elbaz.
The company saw 600 percent year-over-year growth in 2019.
If the company goes public soon, it would be a big move for the IPO market, which has been slow so far this year because of the COVID-19 pandemic.
Amid all the news of layoffs, operations scaling down and closures lies something that I hope will never go away: hope.
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