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The disconnect between Y Combinator Demo Day and due diligence

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Within 48 hours, the startup world experienced two momentous events: Y Combinator’s largest Demo Day ever, and the early investor exodus of Dispo, a photo-sharing app. Both events, while seemingly unrelated, taught us a lot about the importance, and difficulty, of due diligence in our current world. For background, early investors in Dispo distanced from the startup after a key investigation unearthed allegations around co-creator and popular YouTuber, David Dobrik.

Extra Crunch roundup: Clubhouse UX teardown, YC Demo Day favorites, proptech VC survey, more

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Since the pandemic began, I have been pushing the limits of my imagination to try to picture what cities will look and feel like in the coming years. If your town looks like San Francisco, where I live, it’s a pressing question: Our once-bustling financial district is a ghost town, but even in outer neighborhoods, the number of vacant storefronts is unsettling.

How to Set up a Predictive Maintenance Project that is Set for Success

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The predictive maintenance industry has a great impact on the life of equipment. The process aims to reduce machine downtime, enabling, for example, better maintenance planning. However, the project needs to be well developed for a good monitoring of production. According to data from the US Department of Energy, the savings generated by the application of this model reach up to 30% in maintenance costs, with a reduction of approximately 75% in downtime and up to 45% in downtime.

Top BI and Analytics Tools for Data-Driven Businesses

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Business reporting has been around for a long time but the tools and techniques of business intelligence have refined over time and now with the recent popularity of data driven business approach, data has been identified as the most valuable asset of a business and data analytics and reporting has finally found a key place in the business world. Nearly 70% of all companies have a data-driven strategy to grow their organization.

Ketch raises $23M to automate privacy and data compliance

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Ketch, a startup aiming to help businesses navigate the increasingly complex world of online privacy regulation and data compliance, is announcing that it has raised $23 million in Series A funding. The company is also officially coming out of stealth. I actually wrote about Ketch’s free PrivacyGrader tool last year, but now it’s revealing the broader vision, as well as the products that businesses will actually be paying for.

Chord, a headless commerce startup led by former Glossier execs, raises $18M

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Last year, former Glossier executives Henry Davis and Bryan Mahoney unveiled a new e-commerce startup called Arfa. Today, they’re announcing a new vision for the company, along with a new name, new funding and an acquisition. The name first: Moving forward, the New York startup will be known as Chord, which Davis (Chord’s chairman and COO) said reflects the fact that the startup is now “exclusively focused on our technology offering,” rather than on launching its own direct-to-consumer brands.

Does SQL make your business users squeal? Oracle’s ‘self-driving cloud data warehouse’ hides it behind a GUI if needed

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Big Red hopes automation will tempt new customers to its cloud Last week Oracle launched an upgrade to its data-warehousing technology that puts SQL, the language on which the company has more or less built its vast fortune, in the background.…

Amazon names AWS vet Adam Selipsky to run AWS

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Selipsky had left AWS back in 2016 to run data visualization vendor Tableau.

User Interviews, the CRM for qualitative user research, raises $10 million Series A

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User Interviews, the Entrepreneurs Roundtable Accelerator-backed company that has built a CRM for product developers to get user feedback, has closed on a $10 million Series A round. The financing was led by Teamworthy Ventures, with participation from Las Olas, Accomplice, FJ Labs, ERA, Trestle Partners and ValueStream. The company, cofounded by Basel Fakhoury, was created out of failure, in some ways.

Dataminr raises $475M on a $4.1B valuation for real-time insights based on 100k sources of public data

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Significant funding news today for one of the startups making a business out of tapping huge, noisy troves of publicly available data across social media, news sites, undisclosed filings and more. Dataminr, which ingests information from a mix of 100,000 public data sources, and then based on that provides customers real-time insights into ongoing events and new developments, has closed on $475 million in new funding.
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