Donut launches Watercooler, an easy way to socialize online with co-workers

Donut launches Watercooler, an easy way to socialize online with co-workers

If you miss hanging out with your co-workers but don’t want to spend a single second more on Zoom, the latest product from Donut might be the answer. The startup is launching its new Watercooler product today while also announcing that it has raised $12 million in...
Industry experts say it’s full speed ahead as Snowflake files S-1 to go public

Industry experts say it’s full speed ahead as Snowflake files S-1 to go public

When Snowflake filed its S-1 to go public yesterday, it wasn’t exactly a shock. The company which raised $1.4 billion had been valued at $12.4 billion in its last private raise in February. CEO Frank Slootman, who had taken over from Bob Muglia in May last year,...
NetApp to acquire Spot (formerly Spotinst) to gain cloud infrastructure management tools

NetApp to acquire Spot (formerly Spotinst) to gain cloud infrastructure management tools

When Spotinst rebranded to Spot in March, it seemed big changes were afoot for the startup, which originally helped companies find and manage cheap infrastructure known as spot instances (hence its original name). We had no idea how big at the time. Today, NetApp...
Layoffs hit Flexport, another SoftBank-backed startup worth $3.2B

Layoffs hit Flexport, another SoftBank-backed startup worth $3.2B

Fearing weak fundraising options in the wake of the WeWork implosion, late-stage startups are tightening their belts. The latest is another Softbank-funded company, joining Zume Pizza (80 percent of staff laid off), Wag (80 percent),  Fair (40%), Getaround (25...
Linear takes $4.2M led by Sequoia to build a better bug tracker and more

Linear takes $4.2M led by Sequoia to build a better bug tracker and more

Software will eat the world, as the saying goes, but in doing so, some developers are likely to get a little indigestion. That is to say, building products requires working with disparate and distributed teams, and while developers may have an ever-growing array of...