Cloudera’s IPO will test unicorn valuations

 TL;DR: Cloudera’s recent IPO filing shows a company with steep losses and rapid revenue growth. Today we’ll examine Cloudera’s finances and where it fits into the current IPO universe. Why do we care? The Cloudera IPO could impact a host of other forthcoming debuts from companies that are also running in the red. Read More

Industrious buys PivotDesk, raises $25M to be WeWork without startup bros

 In the recruiting wars, a cool office is critical. Not just for scrappy startups, but big businesses with regional HQs, as well. So while WeWork signs questionable 20-year leases to provide desks for twenty-something engineers, Industrious is taking a more classy and conservative approach to coworking space. Read More

PlateIQ cooks up $4 million for restaurant management platform

 As any fan of Kitchen Nightmares may know, the restaurant business is not for the faint of heart, nor is it likely to generate fat margins. Now, a startup called PlateIQ has raised $4 million in new funding to help restaurants automate accounts payable, and nail all their other accounting work so they can focus, finally, on the food and front-of-house. Eileses […]