Tuesday, March 31, 2020

General Catalyst says it's raised $2.3B for a $600M early-stage fund, a $1B growth fund for companies with $10M+ in annual revenue, and a $700M "endurance fund" (Steven Bertoni/Forbes)

Steven Bertoni / Forbes:
General Catalyst says it's raised $2.3B for a $600M early-stage fund, a $1B growth fund for companies with $10M+ in annual revenue, and a $700M “endurance fund”  —  Despite rollercoaster markets, historic unemployment claims, and an expanding national shutdown …



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Datadog closed up 31%+ after reporting Q1 revenue up 32% YoY to $1B and raising its FY revenue forecast, an outlier in the software industry amid the AI boom (Mike Wheatley/SiliconANGLE)

Mike Wheatley / SiliconANGLE : Datadog closed up 31%+ after reporting Q1 revenue up 32% YoY to $1B and raising its FY revenue forecast, a...