Robert Gordon IV’s Post

"As we enter our eleventh year, we’re thrilled at how far we’ve come. We have reached 90 investments with $1 billion in assets under management. Our investments in data science have paid off, as they drastically reduce the amount of guesswork in the decision-making process and help us identify the early-stage companies that have real growth prospects and disruptive potential." Read our latest blog post by our Managing Partners, Mark Sherman and Matthew Koertge, on how data science and revenue generation gives us a powerful competitive advantage. Read now: https://lnkd.in/dRT7k6Ev #datascience #revenuegeneration #venturecapital #telstraventures

“We need data to focus on the right founders at the right time” Big thank you to our partners at MVP Ventures for sharing how they're utilizing Harmonic's insights to power their strategy of “Being there earlier, better, and faster” Harmonic can help VCs source new companies and use our enrichment API to continuously retrieve the most up-to-date information about the companies within your investable universe: 👩💻 new hires 🖥 website changes 📈 updated funding information  👋 departures 👬 employee count over time 📊 headcount growth by department 📉 changes to social following Read all the details below, and reach out to learn more!

“Legacy monitoring and APM players, shackled by outdated architectures, are dead companies walking. As private equity or strategic acquirers strip them down for parts, Observe is taking a new approach designed for today’s modern distributed applications and massive data volumes. We’re thrilled to have investors who are thinking big and validating Observe’s approach in one of the fastest-growing segments in tech.” -Jeremy Burton, CEO Today we announce $115 Million in Series B Financing! 🚀 Here are some of the highlights of our FY2024 growth: 🔼 Series B raised at a valuation 10x higher than our Series A 📈 Annual Recurring Revenue (ARR) increased 171% ⬆️ Net Recurring Revenue (NRR) increased to 174% 🤝 Total Contract Value (TCV) increased 194% 🧑💻 Headcount increased more than 50% Thank you to our investors Sutter Hill Ventures, Capital One Ventures, Madrona, and Snowflake Ventures. Read more: https://shorturl.at/klEI4

This week we have an exciting product launch in the financial data space, 1 acquisition, 8 fundraising rounds, 9 people moves & promotions, 6 articles, 2 podcasts, 2 roles, and 2 new events. Enjoy these posts? Do me a favor: 1) give me a "like" 2) subscribe to the email version (it's free and has more content) here: https://lnkd.in/eBqGF2gv 3) tell your friends/colleagues Without further ado... Munetrix acquired Eidex®. Brillio received a strategic investment from The Orogen Group. ConverSight raised $9M in a Series A led by Surface Ventures. Elemental Cognition raised $60M in a Series B. Harmonya raised $20M in a Series A led by Bright Pixel (former Sonae IM). Integral raised $6.9M in a Seed round led by Haystack, The General Partnership, and Virtue Ventures. SaaSGrid raised $3.3M in a Seed round led by Craft Ventures. Socket raised $5M in a round led by Coinbase Ventures and Framework Ventures. Trellis Law raised $15M in a Series B led by Top Tier Capital Partners. Jeremy Baksht joined Shaper Capital as an Entrepreneur. Erin Bascom was promoted to SVP, Front Office Sales at FactSet. Ian Byrne joined Evergreen Residential as Senior Data Engineer. Scott Fink joined DiffusionData as Managing Director, Americas. Julie Harris joined IWSR Drinks Market Analysis as CEO. Sarah Howard-Coles joined proSapient as Head of Client Services, UK. Brendan Milnamow was promoted to Director of Customer Success at Domino Data Lab. Karen Pang, CFA, FRM was promoted to SVP, Front Office Sales at FactSet. Ali (Alexandra) van Nes was promoted to SVP of Investor Relations at FactSet. More in the substack link in the comments. #data #analytics #fundraising #peoplemoves

"We believe Observe, Inc. is the future of #Observability and we're incredibly excited to lead the Series B round," said Mike Speiser, Managing Director at Sutter Hill Ventures. "Observe has built a world class team and delivered a product that is architecturally different to everyone else. The incredible growth in ARR and NRR is testament to the fact that this new architecture is now paying off for their customers." "At Snowflake we believe there's no such thing as an AI strategy without a data strategy," said Stefan Williams, VP Corporate Development & Snowflake Ventures GmbH. "Observe recognized this from the outset and built a data company. Our team has worked closely with Observe as a partner since the company's founding and with this investment, we're bolstering that relationship and emphasizing our belief in Observe as the company enters its next stage of rapid growth." #observability #privateequity #venturecapital

🚀 Excited to bring to you another version of an insight-packed latest blog post! 🚀 Market-wise, Europe's venture scene remains resilient despite valuation dips, with climate tech standing out. However, tech job cuts persist, signaling challenges. In AI investments, some VC firms are pivoting away from foundational models, favoring vertical SaaS and utility B2B apps. Amidst this, innovation thrives. Companies like Copy.ai are leveraging AI for digital marketing success. In the unicorn realm, while some face funding hurdles, others navigate with strategic moves. Exciting deals are happening, such as Applied Intuition's $250m Series E and Sionna Therapeutics' $182m raise. Plus, the IPO scene heats up with firms like Cyera and Wiz in the spotlight, even as Databricks and Stripe take a step back. Join the conversation on these industry trends! What's your take on the market outlook for 2024? https://lnkd.in/e-_4_PDR #VentureCapital #TechTrends #MarketInsights #AIInvestments #IPOs

“Legacy monitoring and APM players, shackled by outdated architectures, are dead companies walking. As private equity or strategic acquirers strip them down for parts, Observe is taking a new approach designed for today’s modern distributed applications and massive data volumes. We’re thrilled to have investors who are thinking big and validating Observe’s approach in one of the fastest-growing segments in tech.” -Jeremy Burton, CEO Today we announce $115 Million in Series B Financing! 🚀 Here are some of the highlights of our FY2024 growth: 🔼 Series B raised at a valuation 10x higher than our Series A 📈 Annual Recurring Revenue (ARR) increased 171% ⬆️ Net Recurring Revenue (NRR) increased to 174% 🤝 Total Contract Value (TCV) increased 194% 🧑💻 Headcount increased more than 50% Thank you to our investors Sutter Hill Ventures, Capital One Ventures, Madrona, and Snowflake Ventures. Read more: https://lnkd.in/gYm7_W5D

Congratulations to Upstash, a standout member of the Earlybird Digital East portfolio, on securing a $10 million Series A funding round! This milestone highlights Upstash’s remarkable achievements and underscores the Earlybird Digital East team's ongoing commitment to supporting early-stage companies. With: Enes Akar, Mehmet Dogan cc: Cem Sertoglu 👀 Read more below and in TechCrunch by Ron Miller #Startups #Investment #Upstash #Serverless #UpstashRedis #Kafka #GenerativeAI

Venture is still very biased, and in a great many ways broken, particularly if you are not a 'typical' (read: male, from a very specific background) founder. The team here Forum Ventures is working to change that. Not perfectly, or fast enough...but we're working at it. As part of that work, I'm happy to announce that Forum Ventures hosting a virtual pitch competition on April 30, dedicated to empowering Women+ founders in the B2B SaaS space. But it's more than just a competition; it's a celebration and showcase of incredible talent, determination, and innovation. We're not just talking about prize money (though, yes, there's $100K USD in investment for the winner). What we talking about is real access, that results in meaningful connections, opened doors to invaluable advice, resources, and, most importantly, making a statement in the tech ecosystem about the importance of investing in female and non-binary founders. It's time to change the narrative and pave the way for a more inclusive and equitable tech industry. Join us in this journey, support these amazing founders, and let's make an outsized impact together. Key Details:  🗓 April 30, 2024 ⏰ Deadline to apply: April 10, 2024 📍Submit your pitch here: https://lnkd.in/g7BfNxCF #WomenInTech #InclusiveInvesting 

Embrace the potential of big data for startup prosperity! In today's competitive landscape, it's not just an option—it's a strategic imperative. #BigData #StartupSuccess Read More: https://lnkd.in/g6RiER7a