GitLab has raised $100 million in a round of funding led by Iconiq Capital, GV, and Khosla Ventures. The DevOps company is now valued at $1.1 billion.
DevOps platform JFrog has raised $165 million in a series D round of funding led by Insight Venture Partners.
Figma, an interface design and prototyping tool that works in the browser, has raised $25 million in a series B round of funding from Kleiner Perkins, Greylock, and Index Ventures. Founded out of San Francisco in 2012, Figma is one of a number of players plying their trades in the UI design and prototyping realm. …
Facebook’s string of talent acquisitions continued today with the announcement that it has purchased an Amsterdam-based software and design company called Sofa. As with most of Facebook’s past acquisitions, the social networking company is pretty open about the fact that it’s buying the company for the team, not the product — a move sometimes called …
Exclusive Framer, an Amsterdam-based visual design tool company, is announcing it has raised $7.7 million in venture capital in a round led by Silicon Valley venture fund Accel. Framer makes a full-service screen design tool aimed at graphic designers. The company said it’s now possible to design everything from detailed icons to high-fidelity interactive apps directly …
Roomi, a VC-backed housing marketplace, has laid off the majority of its workforce. This comes amid allegations of frivolous spending and nepotism.
Vivek Wadhwa is a fellow at Rock Center for Corporate Governance at Stanford University, director of research at Center for Entrepreneurship and Research Commercialization at Duke, and distinguished fellow at Singularity University. His past appointments include Harvard Law School, University of California Berkeley, and Emory University. This is a complete list of VentureBeat articles written by Vivek Wadhwa, in reverse chronological order.
Guest Apple’s prospects for the iPhone look dim in China, with declining market share and competition from more advanced products. That is one reason Apple is now focusing on the second-largest smartphone market in the world: India. “I sort of view India as where China was seven to 10 years ago from that point of view,” Apple chief executive Tim Cook …
Apple manufacturer Foxconn is reportedly having trouble finding enough skilled workers in Wisconsin, the site chosen for its new U.S. factory
Giant tech companies continue to take over the Heartland with data centers, as Apple announced today that it will spend $1.375 billion to build a data center in the state of Iowa. Construction on the data center is expected to start early next year, and Apple plans to bring it online in 2020. The state …