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Google is buying Wiz for $33B to beef up in cloud security, sources say
Google is making the biggest acquisition in its history. The company’s parent company Alphabet is acquiring Wiz, the cloud security startup, for $33 billion, sources very close to the deal have told me. The deal will still need regulatory and other approvals before closing. From what we can see, Google and Wiz have yet to…
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Nerdio nabs $500M to power virtual desktops on Azure
Nerdio, a platform designed to simplify how companies deploy and manage Microsoft cloud technologies, has raised $500 million in a Series C round of funding. The Chicago-based startup says its valuation has now quadrupled since its Series B round two years ago, and is now firmly in unicorn territory — though the company wouldn’t reveal…
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YC-backed food supply startup Vendease restructures employees’ salaries
Y Combinator-backed Nigerian food procurement startup Vendease has changed its employee pay structure and is seeking fresh capital, TechCrunch has learned. This is after laying off 44% of its workforce — around 120 employees —last month, marking its second round of job cuts in five months. In the latest development, the startup has now replaced…