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Pyramid Analytics raises $30M to boost its business-intelligence platform
Pyramid Analytics, a business-intelligence technology company with U.S. operations in Bellevue, Wash., has raised an additional $30 million in funding from Viola Private Equity and Sequoia Capital, an earlier investor in the company. The company, headquartered in the Netherlands, says in a news release that it will use the funding to expand its workforce, create stronger ties to its partners, improve its sales pipeline and build market share in key areas. “This funding allows us to expand and take advantage of growing momentum and ... Full investment news article
Bill Gurley to unicorn startups: Go public
Over the past several year years, private tech company valuations have ballooned amid a flood of easy money. But Silicon Valley investor Bill Gurley is losing patience. It’s like seeing a seventh or eighth year undergrad at the college bar, Gurley said Tuesday at a tech conference in Laguna Beach, Calif. “Everyone is like, ‘What is he doing?” More specifically, Gurley is critical of a growing number of tech companies that have decided to remain private instead of going public ... Full investment news article