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For years, founders and investors in China had little interest in opensource software because it did not seem like the most viable business model. The three-year-old Chinese startup, which builds opensource software for processing unstructured data, recently closed a Series B round of $43 million.
Oracle , a decade-long war over the future of software, neared its end in the Supreme Court this week as a battle of metaphors. Oracle covers a complex question : what elements of computer code can be copyrighted, and if that code is covered by copyright, when it’s still legal to use pieces of it under fair use. Alex Castro.
In 2020, Chinese startup Zilliz — which builds cloud-native software to process data for AI applications and unstructured data analytics, and is the creator of Milvus , the popular opensource vector database for similarity searches — raised $43 million to scale its business and prep the company to make a move into the U.S.
Ethan Batraski is a partner at Venrock and focuses on data infrastructure, opensource and developer tools. It may come as a surprise, but there are still billions of dollars in Oracle instances still powering critical apps today, and they likely aren’t going anywhere. Ethan Batraski. Contributor. Share on Twitter.
Union.ai , a startup emerging from stealth with a commercial version of the opensource AI orchestration platform Flyte, today announced that it raised $10 million in a round contributed by NEA and “select” angel investors. We need to bridge both these worlds in a structured and repeatable way.”
It’s their experiences with CFOs that led Heller and Boldo to co-found Trullion , an accounting software platform that connects corporate controllers, CFOs and external auditors on a single platform, offering a unified source of truth for financial leaders — if the sales pitch is to be believed, at least.
Hiring a part-time CFO may be a better option, particularly for companies that are shaping up their finances before seeking new funding, advises Ranga Bodla, head of industry marketing for Oracle NetSuite. What opensource-based startups can learn from Confluent’s success story. Image Credits: Olivier Le Moal / Getty Images.
Meeting follow-ups After an in-person meeting, I open my voice AI app, hit record, and talk through key points while theyre still fresh. I dont worry about the structure of my sentences or about pausing as I think. The AI helps me organize my thoughts into a structured outline. I then save the structured note the AI creates.
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