CockroachDB is an open-source database that is resilient, supports automatic geo-scaling on-premise and in the cloud, and SQL. It has also shown strong growth for the last couple of years. Its next challenge, as ZDNet’s own Tony Baer noted on the occasion of its funding round last year, was making the case that its platform is not just for the elite usual suspects.
British travel and entertainment start-up Culture Trip has confirmed that it is planning to make some staff redundant as the coronavirus continues to decimate the travel industry.
An India-based startup that has built a Shopify -like platform for coaching centers to accept fees digitally from students, and deliver classes and study material online has received the nod — and capital — from a number of high-profile investors.
Byju’s, an education learning startup in India that has seen a surge in its popularity in recent weeks amid the coronavirus outbreak, is in talks to raise as much as $400 million in fresh capital at a $10 billion valuation, said three people familiar with the matter.
The deal is in line with GoBear’s plans to expand its regional reach and drive growth through digital lending, according to a statement. It follows the company’s US$80 million raise from venture capital firm Walvis Participaties and financial services provider Aegon in May last year.
Until the COVID-19 pandemic is over, survival has to be the imperative focus for startups. In this brief survival guide, we provide several tips for startups and their owners and managers to help them get through the crisis and stay in control of their companies.
Lime has laid off 13 percent of its workforce due to financial difficulties presented by the COVID-19 pandemic, the scooter startup announced. The layoff affects about 80 employees across “all teams and all regions around the globe,” CEO Brad Bao said in an email sent to employees.