Greylock Partners

Sridhar Ramaswamy Named Chief Executive Officer of Snowflake

Retrieved on: 
Wednesday, February 28, 2024
Professional Services, Data Management, Technology, Data Analytics, Software, Artificial Intelligence, Cloud, Cortex, Lucent, Acquisition, Senior, Google Ads, Multimedia, Greylock Partners, AI, Trustee, Tag cloud, Growth, Bell Labs, Travel, Bell Telephone Company, Ramasamy, Brown University, SNOW, Machine learning, Research, Running

Snowflake (NYSE: SNOW), the Data Cloud company, announced today that Frank Slootman has decided to retire as Chief Executive Officer and Sridhar Ramaswamy has been named as Chief Executive Officer and member of the Board of Directors effective immediately.

Key Points: 
  • Snowflake (NYSE: SNOW), the Data Cloud company, announced today that Frank Slootman has decided to retire as Chief Executive Officer and Sridhar Ramaswamy has been named as Chief Executive Officer and member of the Board of Directors effective immediately.
  • Mr. Ramaswamy previously held the position of Senior Vice President of AI at Snowflake.
  • View the full release here: https://www.businesswire.com/news/home/20240228398564/en/
    Sridhar Ramaswamy, Chief Executive Officer of Snowflake (Photo: Business Wire)
    Frank Slootman will continue to serve as Chairman of the Board.
  • “There is no better person than Sridhar to lead Snowflake into this next phase of growth and deliver on the opportunity ahead in AI and machine learning.

Sunrise AI Secures Pre-Seed Funding Led by Andrew Ng's AI Fund

Retrieved on: 
Wednesday, January 10, 2024
Greylock Partners, Spotify, Sunrise, Public policy, Forecasting, Associate, SoftBank Group, Sequoia Capital, New Enterprise Associates, University, AI, The New York Times, Schulte Roth & Zabel, Doctor of Philosophy, Columbia University, NEA, Medical device

NEW YORK, Jan. 10, 2024 /PRNewswire/ -- Sunrise AI, a trailblazing AI-powered fintech company co-founded by Deepak Shrivastava and Xi Palazzolo , is thrilled to announce the successful closure of its pre-seed funding round led by Andrew Ng's AI Fund.

Key Points: 
  • NEW YORK, Jan. 10, 2024 /PRNewswire/ -- Sunrise AI, a trailblazing AI-powered fintech company co-founded by Deepak Shrivastava and Xi Palazzolo , is thrilled to announce the successful closure of its pre-seed funding round led by Andrew Ng's AI Fund.
  • This investment will propel Sunrise AI's mission to revolutionize credit assessment and enhance access to capital for individuals and businesses.
  • "Technology can shine new light into opaque financial systems," says Andrew Ng, Managing General Partner at AI Fund.
  • Deepak, Xi, and team have a compelling vision of using AI to create a fair and inclusive financial system for all, and AI Fund is thrilled to support Sunrise AI to realize this vision," said Andrew Ng , Managing General Partner of AI Fund, and globally recognized AI leader.

Obsidian Security Recognized as Strong Performer by Independent Research Firm

Retrieved on: 
Monday, December 11, 2023
Software, Networks, Internet, Hardware, Data Management, Technology, Apps, Applications, Security, IAM, Organization, Architecture, Institutional Venture Partners, GV (company), Norwest Venture Partners, Software as a service, Menlo Ventures, Fortune 500, Travel, Cryptocurrency, Obsidian, Greylock Partners

Additionally, the Obsidian Integration Risk Management module received the highest possible score in the connected apps criterion.

Key Points: 
  • Additionally, the Obsidian Integration Risk Management module received the highest possible score in the connected apps criterion.
  • Forrester also gave Obsidian the highest score possible in the IAM administration criterion supported by Obsidian Advanced Threat Mitigation module.
  • The Forrester report recognized Obsidian as a vendor providing “a single, modular platform” for SaaS Security and Posture Management.
  • With a focus on tangible capabilities and robust security measures, Obsidian remains a trusted partner for organizations seeking top-tier SSPM solutions.

Fortune Debuts Power List of 50 AI Innovators

Retrieved on: 
Tuesday, November 21, 2023
Computer, Brainstorm, Common Sense Media, Salesforce, Map, Walmart, OpenAI, AARP, Conifer cone, Software, ARC, Khan Academy, Khosla Ventures, VCS, Inflection, Torna ai felici dì, Amgen, Meta, Greylock Partners, Medical device, Pfizer, GM, Goliath, Cloudflare, Qualcomm, Accenture, AI, Runway, Nvidia

NEW YORK, Nov. 21, 2023 /PRNewswire/ -- Today Fortune debuted its inaugural Fortune 50 AI Innovators power list, the essential guide to the companies that are creating this future-defining technology, and a sector now attracting one out of every four startup investment dollars.

Key Points: 
  • Inaugural Fortune 50 AI Innovators includes established players: OpenAI, Anthropic, Google DeepMind, Meta, and Nvidia; and array of emerging players:  Adept, Runway, Pinecone, Exscientia, and ARC
    Representatives of Fortune 50 AI Innovators are attending Fortune's Brainstorm AI conference in San Francisco, Dec 11-12 with founding partner Accenture
    NEW YORK, Nov. 21, 2023 /PRNewswire/ -- Today Fortune debuted its inaugural Fortune 50 AI Innovators power list, the essential guide to the companies that are creating this future-defining technology, and a sector now attracting one out of every four startup investment dollars.
  • For the inaugural Fortune 50 AI Innovators list, Fortune canvassed VCs, industry analysts, and our own formidable staff of AI experts to identify companies that are at the cutting edge.
  • In the Fortune 50 AI list there are plenty of Davids, such as Adept, Runway, Pinecone, Exscientia, and ARC, to name a few.
  • Many on that list will be speaking at or attending the Fortune Brainstorm AI 2023 in San Francisco, December 11-12.

Venture Capital Investment Market to grow by USD 737.56 billion from 2022 to 2027, Market is fragmented due to the presence of prominent companies like Accel, Agoranov & AH Capital Management LLC, many more - Technavio

Retrieved on: 
Wednesday, September 13, 2023
DevOps, Workforce, LLP, Maintenance, Internet of things, GGV Capital, First Round Capital, FREE, Index, USD, Union Square Ventures, Founders Fund, Investment, Machine learning, Geography, Artificial intelligence, Accel, Growth, Battery Ventures, HCM, Software, Music, Video game, Cryptocurrency, Greylock Partners

NEW YORK, Sept. 13, 2023 /PRNewswire/ -- The venture capital investment market is estimated to grow by USD 737.56 billion from 2022 to 2027, decelerate at a CAGR of 20.88%.

Key Points: 
  • NEW YORK, Sept. 13, 2023 /PRNewswire/ -- The venture capital investment market is estimated to grow by USD 737.56 billion from 2022 to 2027, decelerate at a CAGR of 20.88%.
  • The venture capital investment market is fragmented owing to the presence of many global and regional companies.
  • Hence, such factors boost the segment growth of the venture capital investment market during the forecast period.
  • The human capital management (HCM) solutions market is estimated to grow at a CAGR of 8.45% between 2022 and 2027.

Joshua Browder Earns WTF Innovators Award

Retrieved on: 
Wednesday, June 28, 2023
Lux Capital, Columbia University, Version One Ventures, Angelo Felici, DoNotPay, Intelligence, SALT, Economics, Radar, Thiel Fellowship, Warning: Do Not Play, AI, Greylock Partners, Cryptocurrency, Online shopping, Stanford University

SALT LAKE CITY, June 28, 2023 /PRNewswire/ -- QuHarrison Terry presents Joshua Browder, CEO of DoNotPay , with the WTF Innovators Award for building a benevolent AI-powered product in the legal field and giving people resources to fight legal cases.

Key Points: 
  • SALT LAKE CITY, June 28, 2023 /PRNewswire/ -- QuHarrison Terry presents Joshua Browder, CEO of DoNotPay , with the WTF Innovators Award for building a benevolent AI-powered product in the legal field and giving people resources to fight legal cases.
  • The WTF Innovators Award recognizes excellence at the precipice of societal change, with the inaugural class focusing on AI innovators.
  • "Joshua Browder is breaking down the barriers of the pay-to-play legal system and making legal support accessible to all through AI.
  • Joshua Browder also runs Browder Capital, a $35m preseed fund focused on talented founders from Stanford, the Thiel Fellowship, and other areas of his network.

Instabase Doubles Valuation to $2B and Launches AI Hub, A Generative AI Based Platform for Content Understanding

Retrieved on: 
Wednesday, June 7, 2023
Security, Apps, Applications, Technology, Software, Networks, Artificial Intelligence, Internet, Insurance, Weak artificial intelligence, Multimedia, Language, Build, Converse, AI, OpenAL, New Enterprise Associates, Spark Capital, Medical device, Instabase, Greylock Partners

Instabase , a leader in Applied AI for the enterprise, today announced its Series C funding round and the launch of AI Hub , a repository of AI apps focused on content understanding and a set of generative AI-based tools.

Key Points: 
  • Instabase , a leader in Applied AI for the enterprise, today announced its Series C funding round and the launch of AI Hub , a repository of AI apps focused on content understanding and a set of generative AI-based tools.
  • View the full release here: https://www.businesswire.com/news/home/20230607005256/en/
    At the core of this development is the Instabase AI Hub platform, a self-service solution that democratizes access to content understanding capabilities.
  • AI Hub Apps: AI Hub Apps is an app store for pre-built applications that can be used by anybody.
  • “Investing our Series C into building AI Hub is a natural extension of the innovation that has always been core to Instabase.

Apiiro Joins the 10KMedia Roster of Premier Startups

Retrieved on: 
Thursday, June 1, 2023
Software, Technology, Networks, Security, Cloud, Morgan Stanley, ASPM, Rakuten, Navan, SBOM, Marketing, Growth, SoFi, AST, ASOC, PR, Cryptocurrency, Greylock Partners

10KMedia , the boutique PR agency hyper-focused on developer tooling and shift-left security, today announced the addition of Apiiro to its roster of premier startups.

Key Points: 
  • 10KMedia , the boutique PR agency hyper-focused on developer tooling and shift-left security, today announced the addition of Apiiro to its roster of premier startups.
  • Apiiro is a leader in application security, raising over $135 million in funding from General Catalyst, Greylock Partners, Kleiner Perkins, and others.
  • “I look for next generation security companies that understand the importance of the holistic development environment and process,” said Adam LaGreca, founder of 10KMedia.
  • “We’re looking forward to joining the 10KMedia cohort of elite startups,” said Payton O’Neal, Director of Marketing at Apiiro.

Convoy Named to CNBC's Disruptor 50 List for Fifth Consecutive Year

Retrieved on: 
Tuesday, May 9, 2023
Trucking, Data Management, Technology, Transport, Logistics, Supply Chain Management, Software, Insurance, Fintech, Health, Capital G, Microsoft, T. Rowe Price, Convoy, Carbon, Generation Investment Management, CNBC, Machine learning, Y Combinator, Rail freight transport, Cryptocurrency, Amazon, Greylock Partners

Convoy , the leading digital freight network, announced today that it has been named to CNBC's Disruptor 50 list for the fifth consecutive year.

Key Points: 
  • Convoy , the leading digital freight network, announced today that it has been named to CNBC's Disruptor 50 list for the fifth consecutive year.
  • This year’s list includes companies in sectors ranging from fintech and cybersecurity to transportation and healthcare.
  • Convoy has revolutionized the $800 billion trucking industry by providing a digital platform that connects shippers with carriers.
  • “We’re honored to be named a CNBC Disruptor 50 for the fifth year in a row.

Airspeed Launches Suite of Slack Apps to Transform Human Connection at Work with $5 Million In Seed Funding Led by Greylock and Venrock

Retrieved on: 
Thursday, May 4, 2023
Software, Social Media, Human Resources, Internet, Data Management, Communications, Professional Services, Technology, Cloud, Workforce, Culture, COVID-19, General partnership, Venrock, GM, Map, Salesforce, Corporate title, Greylock Partners, Video game, Management, Airspeed

Greylock Partners and Venrock led the round, with participation from Salesforce Ventures, Next Play Ventures, and a number of notable CEOs and executives as angel investors.

Key Points: 
  • Greylock Partners and Venrock led the round, with participation from Salesforce Ventures, Next Play Ventures, and a number of notable CEOs and executives as angel investors.
  • The COVID-19 pandemic resulted in a major shift in how we work, and now with the emergence of generative AI, we’re experiencing yet another radical work change.
  • In 2022, over 50 million workers quit – up from 2021 – primarily due to the lack of connection with coworkers.
  • “Employees are looking for apps that support the human connection they seek at work,” said Doug Camplejohn, CEO and Founder of Airspeed.