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European veterans of GitHub and Unbabel secure $11 million seed funding for Remote, an HR tech platform

  • Tech.eu
  • 1 month ago
  • Remote, a fully distributed HR tech startup with Dutch and Portuguese founders, has raised $11 million in seed funding to expand into 40 new international markets.
  • The round was led by Two Sigma Ventures, with participation from Index Ventures, General Catalyst, Liquid2, INKEF Ventures, Remote First Capital, plus angel investors from GitLab and HackerOne.
  • The startup is led by two co-founders with technology chops: CTO Marcelo Lebre was VP of Engineering at Unbabel, and CEO Job van der Voort was one of the first five employees at GitHub, ending his time there as VP of Product.
  • The platform is designed to help companies hire and onboard remote employees anywhere, handling global payroll, taxes, compliance, and employee benefits. There’s also a job board, where users can post, or apply to, open positions at companies around the world.
European veterans of GitHub and Unbabel secure $11 million seed funding for Remote, an HR tech platform

Whoop, the sports tech and analytics company that makes discreet wearables, raises $55M

  • TechCrunch
  • 6 months ago

On the heels of Google buying Fitbit for $2.1 billion, another player in wearables and health technology has picked up a big round of growth funding to continue expanding its business. Whoop, which makes a sensor-equipped (and screen-free) strap that continuously tracks your activities 24/7 and the...

Whoop, the sports tech and analytics company that makes discreet wearables, raises $55M

GitLab more than doubles valuation to $2.75 Billion ahead of planned 2020 IPO

  • Forbes
  • 8 months ago

Some tech companies shy away from putting a date on going public - or whether they plan to list their businesses at all. At GitLab, Sid Sijbrandij already has a date set: November 18, 2020.

A tech “unicorn” setting such specifics is unusual. But GitLab isn’t feeling any pressure. Investors are eager to pour funds into the company, which says its annualized revenue is growing at a rate of 143% year-to-year, with net retention of customer spending at 153%. The latest: a $268 million Series E funding round that values GitLab at $2.75 billion. The round more than doubles GitLab’s valuation from its previous funding round, when it was valued at $1.1 billion, a year ago.

GitLab more than doubles valuation to $2.75 Billion ahead of planned 2020 IPO