Even as coronavirus vaccinations are being rolled out, only 14.3% of OurCrowd’s portfolio companies see employees working solely in the workplace by July 1.
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Today a leading market engagement platform for virtual and in-person events, Grip, has announced around €10.7 million in Series A funding, taking its total amount raised to around €12 million. The round, led by London-based growth equity fund Kennet Partners, will further enable Grip to provide industry-leading experiences both in-person and virtually. Founded in 2016,…
The post Event networking platform Grip lands €10.7 million to reach more virtual, hybrid and in-person events first appeared on EU-Startups.
I’ve got a saas product that I’ve been selling on an unlimited plan for $ 24/mo.
I’m tempted to switch to usage pricing because I’m now trying to sell to some enterprise customers.
On the other hand, I think unlimited is really attractive to a broader set of customers because they don’t want to sit down and forecast their use before they sign up. I don’t want to lose their business by switching to usage.
I’m driving myself crazy thinking about it. What is your experience with these alternatives?
Hey, I'm Maxim, CTO at a local startup.
I decided to make a series of posts dedicated to development team structures in product companies. I hope it might be useful when considering the most efficient development structure.
When working on a startup, the main challenge is to create a reliable team that can consistently deliver updates and not melts your budget on the first iteration 🙂 Someone spends hours searching for candidates. Someone hires outsourcing companies to focus more on business. Each approach has its own advantages and disadvantages.
But after working with some startups I established an interesting structure – Hybrid development teams. The main idea is to have the decision-making process on your side while delegating routine tasks to less expensive teams or freelancers.
In the long run, this structure always extended by in-house senior-level developers to remove management and technical issues resolution from CTO.
As a result, such an approach not only gives you incredible flexibility but also saves resources in cases when there isn't much development load.
By the way, what are your development structure? I'm interested to know more about other approaches.
That is, until I got the chance to test out the Casper Nova Hybrid, which is specifically designed for side sleepers like me. Those of us who prefer to sleep on our left or right sides need a little more cushioning to avoid waking up with all those aches and pains—but that doesn’t mean we want to give up the support that a firmer model might offer.
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As IBM transitions from software and services to a company fully focussed on hybrid cloud management, it announced its intention to buy Instana, an applications performance management startup with a cloud native approach that fits firmly within that strategy.
The companies did not reveal the purchase price.
With Instana, IBM can build on its internal management tools, giving it a way to monitor containerized environments running Kubernetes. It hopes by adding the startup to the fold it can give customers a way to manage complex hybrid and multi-cloud environments.
“Our clients today are faced with managing a complex technology landscape filled with mission-critical applications and data that are running across a variety of hybrid cloud environments – from public clouds, private clouds and on-premises,” Rob Thomas, senior vice president for cloud and data platform said in a statement. He believes Instana will help ease that load, while using machine learning to provide deeper insights.
At the time of the company’s $ 30 million Series C in 2018, TechCrunch’s Frederic Lardinois described the company this way. “What really makes Instana stand out is its ability to automatically discover and monitor the ever-changing infrastructure that makes up a modern application, especially when it comes to running containerized microservices.” That would seem to be precisely the type of solution that IBM would be looking for.
As for Instana, the founders see a good fit for the two companies, especially in light of the Red Hat acquisition in 2018 that is core to IBM’s hybrid approach. “The combination of Instana’s next generation APM and Observability platform with IBM’s Hybrid Cloud and AI technologies excited me from the day IBM approached us with the idea of joining forces and combining our technologies,” CEO Mirko Novakovic wrote in a blog post announcing the deal.
Indeed, in a recent interview IBM CEO Arvind Krishna told CNBC’s Jon Fortt, that they are betting the farm on hybrid cloud management with Red Hat at the center. When you combine that with the decision to spin out the company’s managed infrastructure services business, this purchase shows that they intend to pursue every angle
“The Red Hat acquisition gave us the technology base on which to build a hybrid cloud technology platform based on open-source, and based on giving choice to our clients as they embark on this journey. With the success of that acquisition now giving us the fuel, we can then take the next step, and the larger step, of taking the managed infrastructure services out. So the rest of the company can be absolutely focused on hybrid cloud and artificial intelligence,” Krishna told CNBC.
Instana, which is based in Chicago with offices in Munich, was founded in 2015 in the early days of Kubernetes and the startup’s APM solution has evolved to focus more on the needs of monitoring in a cloud native environment. The company raised $ 57 million along the way with the most recent round being that Series C in 2018.
The deal per usual is subject to regulatory approvals, but the company believes it should close in the next few months.