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DigitalOcean launches serverless product based on last year’s Nimbella acquisition May 24, 2022

Show notes

When DigitialOcean bought Nimbella last year, you knew it intended to go deeper into serverless technologies, and sure enough the company announced a new feature called DigitalOcean Functions today, based on Nimbella technology.

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Premium streaming subscriptions continue to increase despite Netflix’s downfall May 24, 2022

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If you’ve been following Netflix lately, then you’d know the streamer is on shaky ground at the moment.

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Metaverse app BUD raises another $37M, plans to launch NFTs May 23, 2022

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BUD, a nascent app taking a shot at creating a metaverse for Gen Z to play and interact with each other, has raised another round of funding in three months.

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COVID was the best thing for Kitty, as insurance apps for pets boom May 23, 2022

Show notes

Technology turned out to be a boon for pets during the pandemic. Without ready access to vets, pet owners turned to mobile apps to keep track on their pet’s health, often via educational content, and in some cases that was linked to insurance providers.

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Leanplum acquired by Clevertap as retention marketing platforms consolidate May 20, 2022

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CleverTap, a retention marketing platform which has raised $76.6M to date, is to fully acquire Bulgarian-originated but San Francisco-based Leanplum, a customer engagement platform which has raised $131.2M, for an undisclosed amount.

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Everstream Analytics secures new cash to predict supply chain disruptions May 20, 2022

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Everstream Analytics, a supply chain insights and risk analytics startup, today announced that it raised $24 million in a Series A round led by Morgan Stanley Investment Management with participation from Columbia Capital, StepStone Group, and DHL.

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Framework’s user-repairable laptop gets an upgrade May 19, 2022

Show notes

There may be some irony in upgrading a laptop designed around the principles of user repairability/upgradeability. Though certainly Framework isn’t expecting too many folks who purchased last year’s model to replace their system with the latest and greatest.

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India reiterates its strict VPN rules, breach disclosures despite concerns May 19, 2022

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India is pushing ahead with its new cybersecurity rules that will require cloud service providers and VPN operators to maintain names of their customers and their IP addresses despite many players threatening to leave the world’s second largest internet market over the new guidelines.

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Amazon launches Smart Commerce in India to help offline stores launch digital storefronts May 18, 2022

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Amazon said it will help neighborhood stores across India launch their own digital storefronts to better serve their customers, the latest effort by the e-commerce giant as it attempts to leverage the dense network of offline stores in the key overseas market.

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Banking-as-a-service startup Unit closes on $100M at a $1.2B valuation May 18, 2022

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Unit, a banking-as-a-service startup, has closed on a $100 million Series C round of funding led by Insight Partners. Existing backers Accel, Better Tomorrow Ventures, Aleph, and Flourish Ventures also participated in the financing, which values the company at $1.2 billion.

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