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Instana raises $20 million for its microservice monitoring and management service

 Instana, a company that helps enterprises monitor and manage their microservice deployments with the help of automation and artificial intelligence, today announced that it has raised a $20 million Series B round led by Accel, with participation from existing investor Target Partners. This brings Instana’s total funding to $26 million to date. Launched in 2015, Instana bills itself as… Read More

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For founders and investors, it’s time for some ‘real talk’ about money

 Consciously or not, founders’ attitudes toward money play an enormous role in how they run their startups. These attitudes shape whether to bet on a new line of business, how much to charge a customer, how to handle investor capital, even how to talk to employees about pay. Not to mention the biggest decision of all: when (or if) to sell. Read More

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ProsperWorks raises $53M for its G Suite-centric CRM service

 ProsperWorks, a service that offers a set of Google-centric CRM tools, today announced that it has raised a $53 million Series C round led by Norwest Venture Partners, with participation from GV (the fund you probably still remember as Google Ventures). This new round brings the company’s total funding to $87 million, which, in ProsperWorks’ own words, makes t the “#1 funded… Read More

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Epic! raises $8 million to keep kids reading in a digital age

 The makers of Epic!, one of many apps jockeying to become a “Netflix for books,” have raised $8 million in a round led by Reach Capital, the education-specialized venture firm. Epic! at its core is an on-demand digital library that includes about 25,000 different books and videos appropriate for kids in elementary school, or between the ages of about five and twelve. Read More

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Robot tutor Musio makes its retail debut in Japan

 A cute, robotic language tutor called Musio, has made it from crowdfunding campaign to full-fledged product with a debut in stores this week in Japan. Priced at JPY 98,000 (about US $900), Musio is now sold online through SoftBank’s marketplace and Amazon Japan, and through a handful of brick-and-mortars stores. Read More

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NFL’s Drew Brees backs Waitr to make takeout easy in anytown USA

 Food delivery startups abound in the U.S., but few of them deliver to customers in “second cities” and smaller towns. From early pioneers like Grubhub to newer services like DoorDash, food delivery businesses have tended to focus on urban areas with a high concentration of restaurants and people who frequently order takeout. Now, New Orleans Saints Quarterback, philanthropist… Read More

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Jiobit finds $3 million for kid trackers that work indoors, not just at the park

Jiobit's kid trackers work indoors and outside. Chicago startup Jiobit wants to use wireless technology to bring parents peace of mind whenever and wherever their kids may roam. Its flagship product is a location tracker that can stand up to the rough and tumble activities of a toddler or a tween, with a long battery life, and mobile app that sends alerts to parents when a kid has gone outside an expected range. Jiobit CEO and founder… Read More

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