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Y Combinator, Global Brain back Tailor, a Japanese headless ERP startup

TechCrunch

million in seed funding from Y Combinator and Global Brain. Legacy ERPs provided by companies such as SAP, Oracle and NetSuite (which is owned by Oracle) and local players like OBIC , are difficult to customize for users, according to Shibata. Additionally, the company intends to prepare the product for developers in the U.S.

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Nigeria’s SeamlessHR raises $10M to expand HR and payroll solutions across Africa

TechCrunch

SeamlessHR , a Nigeria-based company that wants to help African businesses “leverage the continent’s greatest asset: abundant human capital” with its cloud-based human resources (HR) and payroll software, has raised $10 million in Series A funding for its next phase of growth and regional expansion. billion in 2026 from $14.2

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Zilliz raises $43 million as investors rush to China’s open source software

TechCrunch

For years, founders and investors in China had little interest in open source software because it did not seem like the most viable business model. The investment, which catapults Zilliz’s to-date raise to over $53 million, is a sizable amount for any open source business around the world.

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ForgeRock files for IPO as identity and access management business grows

TechCrunch

There certainly is a whole lot of room to grow, as the company estimates that the total global addressable market for identity services to be worth $71 billion. . While revenue is growing, losses are narrowing as the company reported a $20 million net loss down from $36 million a year ago.

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Which emerging technologies are enterprise companies getting serious about in 2020?

TechCrunch

Scott Kirsner is CEO and co-founder of Innovation Leader , a research and events firm that focuses on innovation in Global 1000 companies, and a longtime business columnist for The Boston Globe. That situation can lead to a huge waste of time for startups that want to sell to enterprise customers: a business development black hole.

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Salesforce leads $15M investment in Asian HR tech platform Darwinbox

TechCrunch

The startup initially took a hit as its customers scrambled to navigate through the global pandemic, but the last two quarters have been its best to date, said Peddi. “In HR tech and SaaS space, we are now only behind SAP and Oracle in India in terms of revenue,” he said. Image Credits: Darwinbox.

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How Index Ventures jumped to the front of the AI GPU line

TechCrunch

At least one firm, the global investor Index Ventures, happened on an additional idea, it told the outlet. To help ensure its portfolio companies aren’t hamstrung by the shortage, it struck a deal with Oracle to provide its founders with some of these sought-after chips (specifically Nvidia’s H100 chips and Nvidia’s A100 chips).

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