15m series tiger sequoia

15m series tiger sequoia

A funding round and its roadmap for building a novel full-service treasury management solution in the industry.

The series A funding round is led by Tiger Global and joined by Sequoia Capital India, Ryan Hoover (Founder of Product Hunt and the Weekend Fund), Alameda Ventures, Spartan Group, Ethereal Ventures, Alpha Wave Capital, Hash key Capital, Quiet Capital, Polygon Studios, Volt Capital and 300 and more angels and operators in crypto and fintech.

Coinshift has undergone rapid growth since its launch in June 2021, managing more than 1000 safes, $1.3 billion in assets and $80 million in payouts for organizations like Consensys, Messari, Biconomy, Uniswap, Perpetual Protocol, Balancer and many others.

Coinshift Founder and Chief Executive Officer Tarun Gupta, commented, “Today, a new chapter of the Coinshift journey begins.

  • Gokul Rajaram, Angel Investor
  • Mathilde Collin, CEO and Co-founder, Front
  • Peter McKay, CEO, Snyk
  • Jack Altman, CEO and Co-founder, Lattice
  • Shawn Burke, Cortex champion and Senior Principal Software Engineer, SoFi
  • Gaetan Castelein, VP of Marketing, Tecton
  • Cailen D’Sa, VP of Sales, RevenueCat
  • Russ D’Sa, Entrepreneur
  • Brian Emerson, VP of Products, IT Operations Management, ServiceNow
  • Rafael Garcia, Cortex champion and CTO and Co-founder, Clever
  • Dheeraj Khanna, Head of SRE, Coupang
  • Sriram Krishnan, Angel Investor
  • Vijay Nambiar, VP of Sales, PlanetScale
  • Alexandr Wang, CEO and founder, Scale.ai

About Cortex

The Cortex platform provides a System of Record for Engineering, designed to give engineers and SREs comprehensive microservices visibility and control.

We’ve built comprehensive Covid packages, helping even the smallest start-ups take care of their employees’ well-being remotely.

The long game – impacting millions of lives

Our audacious vision is to take the country’s health insurance penetration numbers to 100%. We aim to reach a milestone of 10mn lives insured by 2025, by changing the employee health insurance space.

We are committed to building a future where everyone has access to healthcare.

Growing our team

To realize our vision, we need the best people from around the globe who are equally committed to our mission. We’re a young team that wants to put a dent in the market as we build our products and brand.

15m series tiger sequoias

InVideo is a freemium product with paid plans starting at $10/mo. The funding will help accelerate product development and build out InVideo’s collaborative, cross-device video creation suite.

InVideo was launched in April 2019 by Sanket Shah and Harsh Vakharia who first worked together on a startup that created 10-minute video summaries of nonfiction books and have also spent time building an enterprise-grade video creator suite for newsrooms. They understand how painful the video creation process is and how most solutions in the market were inflexible and boxed the creator into readymade templates.
They founded the company in response to this problem. InVideo now counts household names such as P&G, Dropbox, Reuters and ATT as users.

Sanket Shah, CEO and co-founder of InVideo said:“Making professional-quality videos is hard. InVideo is set to change that.

Hash key Capital, Quiet Capital, Polygon Studios, Volt Capital and 300 and more angels and operators in crypto and fintech, including:

  • Ryan Hoover (Founder of Product Hunt and the Weekend Fund)
  • Sandeep Nailwal — Co-Founder and COO, Polygon
  • Shiva Rajaraman — VP at Opensea
  • Prabhakar Reddy — Founder of FalconX
  • Scott Belsky — CPO Adobe and Founder of Behance
  • Lenny Rachitsky — Previously Product Manager, Airbnb
  • Utsav Somani — Iseed and Head of Angelist India
  • Shaan Puri — Previously Director of Product, Twitch

The company intends to use the funds for building its treasury management solution.

Led by Founder and Chief Executive Officer Tarun Gupta, Coinshift is a treasury management and infrastructure platform that enables DAOs and crypto businesses to manage cash reserves, general financing, and overall risk.

Cloud-based video creation platform; more than 800,000 users across 150 countries to date

MUMBAI, India, Oct. 27, 2020 /PRNewswire/ — InVideo, the modern video creation platform that allows users to create high-quality videos for any form of digital media, today announces a $15M Series A led by Sequoia Capital India. The round also includes participation from Tiger Global, Humming Bird, RTP Global and Base.

InVideo offers an intuitive, full-featured video creation experience for amateurs and professionals alike. The platform combines video editing and compositing in a browser-first solution, increasing accessibility, removing rendering time, shortening feedback loops, and making the process more inclusive.

Since launching a year ago, the platform has over 800,000 users from more than 150 countries who have created videos in over 75 languages.

It helps engineering leaders drive adoption of microservices best practices and gives them visibility into and control over all services. The company has experienced 10X customer growth since its launch in May 2021 and has been fully deployed across several unicorn engineering organizations including Rappi, Grammarly, and 8×8.

Software engineering teams today struggle to operate at scale. As companies grow, architectures become more complex and teams retract into silos.
Tracking service quality and driving adoption of best practices using spreadsheets quickly becomes untenable. The cracks in the system manifest themselves as outages, missed deadlines, security incidents, and developer turnover.

“Today engineering leaders are under tremendous pressure to deliver innovative, reliable, and secure software,” said Cortex board member and Sequoia partner Bogomil Balkansky.

It’s this services catalog that’s at the heart of what Cortex does and it was also the first product the team launched. Now it is starting to build out its features around this catalog.

“We very quickly realized that once you have all these microservices being tracked in this catalog, you can do some interesting things there,” Cortex co-founder and CTO Ganesh Datta said.

Image Credits: Cortex

“Engineering leaders have very limited visibility into which teams are performing well or need additional resources across critical initiatives and reliability, security and just overall adoption of best practices,” said Cortex co-founder and CEO Anish Dhar. “On the other hand, you see teams like SRE, security and platform, who are still stuck using Excel spreadsheets, tracking hundreds, sometimes thousands of services across several teams.

We have a single goal: to replace the current crop of cumbersome and expensivevideo editing software with an intelligent, yet flexible platform. InVideo cuts the time to create a professional quality video by over 90%, and allows the creator to focus on impact and message. InVideo’s vibrant creator community from across the globe is a testimony to the capabilities of our platform.

InVideo is a browser first video editing platform.

In building InVideo, we are pushing browsers to the limit when it comes to handling rich media, animations, and time. It’s an exciting and difficult technology problem to solve.

The goal here is to give engineering leaders insights into the quality of their services, but also to help the engineers themselves understand what services are available and what their status is.

That means a team can use Cortex to define its production readiness, for example, by setting up a checklist of criteria a service needs to meet before it’s ready to be pushed live (this could include a dashboard, alerting, on-call rotations, etc.). All of this is done using the company’s Cortex Query Language (CQL).

Cortex pulls in data from about 30 commonly used tools like GitHub, Bitbucket, Datadog, GitLab, Jira, SignalFX and your Kubernetes clusters.

“What’s really impressive about Cortex is it works from both top-down as well as bottom-up,” Sequoia partner and Cortex board member Bogomil Balkansky explained.

SAN FRANCISCO–(BUSINESS WIRE)–Please replace the release dated November 18, 2021, with the following corrected version due to multiple revisions.

The updated release reads:

CORTEX ANNOUNCES $15M IN SERIES A FUNDING TO HELP ENGINEERING TEAMS DRIVE MICROSERVICES BEST PRACTICES

Cortex has been adopted across the entire team at multiple unicorn engineering organizations

Cortex today announced $15 million in Series A funding co-led by Tiger Global and Sequoia Capital. The funding round also boasts an impressive list of technology investors, founders, and business leaders participating, including prominent Silicon Valley angel, Gokul Rajaram; co-founder and CEO of Front, Mathilde Collin; and CEO of Snyk, Peter McKay. Cortex’s service catalog is the first system of record for engineering, enabling development of higher-quality software.

Leave a Reply

Your email address will not be published.