After surpassing $100M in ARR, Harness Labs grabs a $150M line of credit

Harness Lab isn’t founder Jyoti Bansal’s first startup. He sold AppDynamics to Cisco for $3.7 billion in 2017, the week it was supposed to go public. His latest venture has raised $425 million, per Crunchbase. On Tuesday, Harness announced $150 million in debt financing, essentially a line of credit that the company can draw on […]

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Harness Lab isn’t founder Jyoti Bansal’s first startup. He sold AppDynamics to Cisco for $3.7 billion in 2017, the week it was supposed to go public. His latest venture has raised $425 million, per Crunchbase. On Tuesday, Harness announced $150 million in debt financing, essentially a line of credit that the company can draw on
© 2024 TechCrunch. All rights reserved. For personal use only.[#item_full_content]

Sona, a frontline workforce management platform, raises $27.5M with eyes on US expansion

Sona, a workforce management platform for frontline employees, has raised $27.5 million in a Series A round of funding. More than two-thirds of the U.S. workforce are reportedly in frontline jobs, which might be anything from customer service and healthcare to retail environments and hospitality. But managing this vast workforce, ensuring roles are filled and […]

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Sona, a workforce management platform for frontline employees, has raised $27.5 million in a Series A round of funding. More than two-thirds of the U.S. workforce are reportedly in frontline jobs, which might be anything from customer service and healthcare to retail environments and hospitality. But managing this vast workforce, ensuring roles are filled and
© 2024 TechCrunch. All rights reserved. For personal use only.[#item_full_content]

Anthropic on Monday announced that its artificial intelligence assistant “Claude” is available in Europe after launching in the United States earlier this year.Anthropic on Monday announced that its artificial intelligence assistant “Claude” is available in Europe after launching in the United States earlier this year.Machine learning & AI[#item_full_content]

Maad raises $3.2M seed amid B2B e-commerce sector turbulence in Africa

Maad, a B2B e-commerce startup based in Senegal, has secured $3.2 million debt-equity funding to bolster its growth in the western Africa country and to explore fresh opportunities in the wider Francophone region. The seed round was led by Ventures Platform, with participation from Seedstars International Ventures, Reflect Ventures, Oui Capital, Launch Africa, Voltron Capital […]

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Maad, a B2B e-commerce startup based in Senegal, has secured $3.2 million debt-equity funding to bolster its growth in the western Africa country and to explore fresh opportunities in the wider Francophone region. The seed round was led by Ventures Platform, with participation from Seedstars International Ventures, Reflect Ventures, Oui Capital, Launch Africa, Voltron Capital
© 2024 TechCrunch. All rights reserved. For personal use only.[#item_full_content]

Accel has a fresh $650M to back European early-stage startups

Accel has invested in more than 200 startups in the region to date, making it one of the more prolific VCs in this market.

© 2024 TechCrunch. All rights reserved. For personal use only.

Accel has invested in more than 200 startups in the region to date, making it one of the more prolific VCs in this market.
© 2024 TechCrunch. All rights reserved. For personal use only.[#item_full_content]

From Miles Grimshaw to Eva Ho, venture capitalists continue to play musical chairs

When Keith Rabois announced he was leaving Founders Fund to return to Khosla Ventures in January, it came as a shock to many in the venture capital ecosystem — and not just because Rabois is a big name in the industry. It was surprising because unlike in many other fields, venture capitalists don’t traditionally move […]

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When Keith Rabois announced he was leaving Founders Fund to return to Khosla Ventures in January, it came as a shock to many in the venture capital ecosystem — and not just because Rabois is a big name in the industry. It was surprising because unlike in many other fields, venture capitalists don’t traditionally move
© 2024 TechCrunch. All rights reserved. For personal use only.[#item_full_content]

Anthropic is expanding to Europe and raising more money

On the heels of OpenAI announcing the latest iteration of its GPT large language model, its biggest rival in generative AI in the U.S. announced an expansion of its own. Anthropic said Monday that Claude, its AI assistant, is now live in Europe with support for “multiple languages,” including French, German, Italian and Spanish across […]

© 2024 TechCrunch. All rights reserved. For personal use only.

On the heels of OpenAI announcing the latest iteration of its GPT large language model, its biggest rival in generative AI in the U.S. announced an expansion of its own. Anthropic said Monday that Claude, its AI assistant, is now live in Europe with support for “multiple languages,” including French, German, Italian and Spanish across
© 2024 TechCrunch. All rights reserved. For personal use only.[#item_full_content]

Today, there are dozens of large language model (LLM) chatbots aimed at mental health care—addressing everything from loneliness among seniors to anxiety and depression in teens.Today, there are dozens of large language model (LLM) chatbots aimed at mental health care—addressing everything from loneliness among seniors to anxiety and depression in teens.Consumer & Gadgets[#item_full_content]

Chatbots share limited information, reinforce ideologies, and, as a result, can lead to more polarized thinking when it comes to controversial issues, according to new Johns Hopkins University–led research.Chatbots share limited information, reinforce ideologies, and, as a result, can lead to more polarized thinking when it comes to controversial issues, according to new Johns Hopkins University–led research.Consumer & Gadgets[#item_full_content]

OpenAI on Monday released a higher performing and more efficient version of the artificial intelligence technology that underpins its popular generative tool ChatGPT, making it free to all users.OpenAI on Monday released a higher performing and more efficient version of the artificial intelligence technology that underpins its popular generative tool ChatGPT, making it free to all users.Machine learning & AI[#item_full_content]

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