Pixie Labs raises $9.15M Series A round for its Kubernetes observability platform

Pixie, a startup that provides developers with tools to get observability into their Kubernetes-native applications, today announced that it has raised a $9.15 million Series A round led by Benchmark, with participation from GV. In addition, the company also today said that its service is now available as a public beta. The company was co-founded […]

Lots of happy people as Palantir and Asana spike on first day of trading

The markets are closed and the verdicts are in: investors liked what they saw in Palantir and Asana . The two companies, which debuted this morning in dual (and duel) direct listings, continued to prove that enterprise tech companies without the brand recognition of Spotify (which conducted its own direct listing back in 2018) can […]

Benchmark’s Peter Fenton: ’10 to 20 years of innovation just got pulled forward’

Earlier today at TechCrunch Disrupt, venture capitalist Peter Fenton joined us to talk about a variety of issues. Among them, we discussed how he’s putting his stamp on Benchmark now that, 15 years after joining the storied firm, he’s its most senior member. Fenton said that he’s mostly focused on ensuring that the firm doesn’t […]

Benchmark’s Peter Fenton is joining us at Disrupt

Benchmark used to be the quintessential Silicon Valley venture firm. It was small. It was focused. It was aggressive while also remaining founder friendly. It stuck to its knitting when it came to its fund size, raising fund after fund in the $450 million range. Over the years, the world changed. Some of the biggest […]

SoftBank terminates $3BN tender offer for WeWork shares

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Stealth fintech startup Digits raises $10.5 million Series A from Benchmark and others

Stealth fintech startup Digits, from the same team that built Crashlytics to scale then sold to Twitter for more than $100 million, has raised a $10.5 million round of Series A funding, the company is announcing today. The round was led by Benchmark and has the backing of 72 angels, including founders and CEOs from […]

Robocorp announces $5.6M seed to bring open-source option to RPA

Robotic Process Automation (RPA) has been a hot commodity in recent years as it helps automate tedious manual workflows inside large organizations. Robocorp, a San Francisco startup, wants to bring open source and RPA together. Today it announced a $5.6 million seed investment. Benchmark led the round, with participation from Slow Ventures, firstminute Capital, Bret […]

As Adam Neumann reportedly faces pressure to step down; it’s looking like a fight for life between WeWork and SoftBank

According to a new WSJ report, certain members of WeWork’s board, which includes co-founder and CEO Adam Neumann, are planning to pressure Neumann to step down and instead become We’s non-executive chairman. The move, says the outlet, “would allow him to stay at the company he built into one of the country’s most valuable startups, […]

WeWork accelerates IPO plans, plots September listing

WeWork chief executive officer Adam Neumann is already rich, but soon all of the early employees and investors of the co-working giant will be too. The business, now known as The We Company, has accelerated its plans to go public, according to a new report from The Wall Street Journal. WeWork is expected to unveil […]

Fundraising 101: How to trigger FOMO among VCs

Let’s go beyond the high-level fundraising advice that fills VC blogs. If you have a compelling business and have educated yourself on crafting a pitch deck and getting warm intros to VCs, there are still specific questions about the strategy to follow for your fundraise. How can you make your round “hot” and trigger a […]