Trail report · News
Hand-picked headlines on software, SaaS, AI and the tech job market. Short summaries, with links to the original reporting.
Austin-based Nominal closed a Series C led by Lightspeed, tripling its valuation in eight months. Its platform helps test complex hardware, with defence firms such as Anduril among its customers.
via TechCrunch →
Founder Stephen Ward is raising a fund about the size of his debut one, which made 14 investments including the SGNL sale to CrowdStrike for $740M, as early-stage security startups outraise later-stage peers.
via TechCrunch →
The deal at a $5.2B pre-money valuation lifts Axon's stake from about 15% to about 37% once tranches close.
via DroneXL →
Citing Bloomberg, the round has not closed and could reach about $20B, below an earlier $30B target. It is expected to wrap up within weeks.
via TechCrunch →