Cloud startup Teleport, which sells software for managing access to corporate servers, applications and data, has raised $110 million in Series C funding led by Bessemer Venture Partners at a $1.1 billion valuation. Cybersecurity startups have proven resilient to previous economic downturns. While Teleport isn’t a pure cybersecurity company, its software helps companies keep corporate data...
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The Weekend Startups AI
The Shaky Mental State of Silicon Valley
Hi, welcome to your Weekend! Next month, when the San Francisco Board of Supervisors reconvenes after its summer recess, one of the matters up for discussion will be a resolution to decriminalize the use of psychedelics. While San Franciscans have never needed Board approval to partake in the wonders of nature, you can bet plenty of tech workers around town will be rooting for a yay...
Peloton Announces Job Cuts, Store Closures and Price Hikes
South Korea’s Mirae Asset Management Led $250 million SpaceX Investment
Founder of Crypto Exchange Houbi in Talks to Sell Stake for $1 Billion
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