Today's Goldilocks features Julia Computing's co-founder and CEO Viral Shah, who spoke to us about the particularities of raising funding as a company developing an open-source coding language, and how he managed to secure a $4.2M seed round co-led by General Catalyst and Founder Collective.
-- One Order of Operations for Starting a Startup: YC co-founder Michael Seibel discusses all the technical issues that come after a great idea.
-- 50 Big Companies that Started with Little or No Money: Founder Collective rattles off how their strategies eventually made them successful.
-- a16z Podcast: On Morals and Meaning in Products, Business, Life. (Audio)
-- Spotify's First Investor On Why the Company’s Unusual IPO Makes Sense: Fortune interviews Pär-Jörgen Pärson from Northzone.
-- Commentary: How Silicon Valley Can Help Fix Our Health Care System.
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-- Edianzu (Beijing, China), office supply leasing platform: $320M C led by Source Code Capital, participation from Shunwei, Matrix, Aplus, Koala Fund.
-- City Storage Systems (Los Angeles, CA), repurposing of distressed real estate assets: $150M from Travis Kalanick. Kalanick will take over the company from previous CEO Diego Berdakin.
-- KeepTruckin (San Francisco, CA), electronic logs and fleet management platform for the trucking: $50M C led by IVP, participation from Scale, Index, GV. CEO and co-founder Shoaib Makani invested in Instacart and Indiegogo, among others, while he was an investor with Khosla Ventures.
-- Clari (Sunnyvale, CA), AI-based sales platform to focus attention and prevent pipeline collapse: $35M C led by Tenaya Capital, participation from Thomvest, Blue Cloud, Sequoia, Bain, Northgate.
-- Chargebee (Chennai, India), SaaS subscription management and recurring billing platform: $18M C led by Insight Venture Partners, participation from Accel, Tiger.
-- AllyO (Sunnyvale, CA), customizable AI recruitment platform: $14M led by Bain Capital Ventures, participation from Cervin, Gradient, Randstad.
-- Xinrenxinshi (Beijing, China), HR management platform: $13.5M B led by Alpha Startups, participation from Sequoia.
-- Upkeep Maintenance (Los Angeles, CA), collaboration and maintenance app for facility management: $10M A led by Emergence Capital. Graduated YC Winter 2017, and now boasts 50K technicians. CEO and founder Ryan Chan was named to Forbes’ 30 Under 30.
-- Umuse (Austin, TX), workplace communication platform combined into Facebook-like feed: $5M Seed from Shasta, Next Coast, Floodgate.
-- CaliberMind (Boulder, CO), B2B data collection and customer targeting self-service platform: $3.2M Seed led by Newark Venture, Buran VC.
-- ZineOne (Milpitas, CA), platform allowing banks and retailers to engage their customers in real time: $2.5M A led by Omidyar Network, participation from Harvard Business School Alumni Angels, Touchstone, Hyderabad Angels, Golden Seeds.
-- Vangst (Denver, CO), cannabis jobs marketplace: $2.5M led by Lerer Hippeau, participation from Casa Verde. CEO and founder Karson Humiston was named to Forbes’ 30 Under 30.
-- Align Technologies (New Orleans, LA), SaaS business operating system for accountability and company priorities: $2.175M A from undisclosed sources.
-- Oxford Nanopore (Oxford, UK), portable real-time DNA/RNA sequencer: $141M from GIC, China Construction Bank International, Hostplus.
-- TCR2 (Cambridge, MA), TCR-based cancer therapies: $125M B led by 6 Dimensions Capital, Curative Ventures, participation from Redmile, ArrowMark, Hillhouse, MiraeAsset, Syno, Haitong International, Lucion, Sirona, Alexandria, et al.
-- Joyn Bio (Boston, MA), microbes engineering for taste for food industry: $100M from Viking Global, Bayer, Gingko. Is a joint venture between Bayer and Gingko.
-- Tempus Labs (Chicago, IL), data collection using gene-sequencing services for cancer patients: $80M led by T. Rowe Price, participation from NEA, Brad Keywell, Revolution, et al. Reached unicorn status and has raised $210M to date. CEO Eric Lefkofsky also founded and headed Groupon.
-- ArcherDX (Boulder, CO), NGS-based gene fusion detection assays: $35M A led by Boulder Ventures, PBM Capital Group, participation from Longwood, Peierls Foundation.
-- CareWorx (Ottawa, Canada), managed services for mid-market and senior care: $17M from Kayne Partners.
-- Elligo Health (Austin, TX), platform to accelerate clinical research: $16M B led by Hatteras Venture Partners, Noro-Moseley Partners, participation from FS Healthcare, Excelerate, Shumway, et al.
-- Neurotrack (Redwood City, CA), digital memory health platform: $13.7M B led by Sozo Ventures, participation from Marc Benioff, Khosla, Founders Fund, Social, AME Cloud, Rethink Impact.
-- Eden Health (New York, NY), personal health platform for employees: $4M Seed led by Greycroft Partners, participation from Piper Jaffray, Max, 645.
-- Cernostics (Pittsburgh, PA), cancer diagnostics: $2.1M A1 led by Illumina Ventures.
-- Wecash (Beijing, China), onlien credit rating platform: $160M D led by Orix Asia Capital, SEA Group, participation from SIG, Forebright, Lingfeng, Hongdao.
-- eToro (London, UK), social network focusing on investment and cryptocurrencies: $100M E led by China Minsheng Financial, participation from SBI, Korea Investment, World Wide Invest, et al. Joined the London Stock Exchange’s ELITE program.
-- CommonBond (New York, NY), platform for student loans: $50M D led by Fifth Third Capital Holdings, participation from First Republic Bank, Columbia Seligman Investments, Neuberger Berman, August, Nyca, Vikram Pandit, Tom Glocer.
-- Paymerang (Richmond, VA), enterprise-grade electronic payments: $26M from Aldrich Capital Partners.
-- 17Zuoye (Beijing, China), online k-12 education platform: $250M E led by Temasek, participation from CITIC, Shunwei.
-- Feedback Infra (India), infrastructure management and maintenance: $105M PE Aldrich Capital Partners.
-- Mark43 (New York, NY), public safety platform: $38M C led by General Catalyst, Jim Breyer, participation from Spark, Sound, Bezos Expeditions, Goldman Sachs, David Petraeus, Innovation Endeavors, Govtech Fund, SV Angel.
-- Sift Science (San Francisco, CA), AI-based fraud prevention and risk management: $53M D led by Stripes Group, participation from Union Square, Insight, Spark.
-- Virsec (San Jose, CA), protection from within applications: $24M B led by BlueIO, participation from Artiman, Amity, Raj Singh, Boston Seed.
-- Dessmann (Stuttgart, Germany), biometric door lock: $16M B from Red Star Macalline, Share, Hotata.
-- Averon (San Francisco, CA), mobile identity verification standard: $13.3M led by Marc Benioff.
-- ScaleFlux (San Jose, CA), computation storage for data center scaling: $25M B led by Shunwei Capital.
-- Fauna (San Francisco, CA), :NoSQL database for mission critical data $25M A from Capital One, GV, Point72, Afore, Costanoa, LINE, NHN, Naver.
-- OpenSignal (London, UK), network speed data collection platform: $8M led by Octopus Ventures, participation from Qualcomm, O’Reilly AlphaTech, Passion.
-- LOOK (Beijing, China), online fashion e-discovery/commerce platform: $22M A led by GGV, Fengshion, participation from Ceyuan, PurpleSky, Zhencheng.
-- Lvji (Guangzhou, China), audio travel guide app: $19M B from Qianhai Fund of Funds, Pufeng Fund.
-- CoEdition (New York, NY), e-commerce for women's fashion above size 10: $4M Seed led by NEA, participation from General Catalyst, Primary, BBG.
-- Mythic (Austin, TX), AI chip to turn devices into local AI intelligent assistants: $40M B led by SoftBank Ventures, participation from DFJ, Lux, Data Collective, AME Cloud, Lockheed Martin Ventures, Andy Bechtolsheim.
-- Nox (Beijing, China), programmatic advertising tech: $31.6M B led by Garena, Everest Ventures, Y&R Capital.
-- Pairwise (San Diego, CA), gene-editing tech for crops: $25M A led by Garena, Everest Ventures, Y&R Capital.
-- Burrow (New York, NY), modular furniture: $14M A led by NEA, participation from Correlation.
-- Rachio (Denver, CO), smart home irrigation and sprinkler platform: $10M B led by Eastside Partners, Bonaventure Capital, participation from Amazon Alexa.
-- Blackmore Sensors (Bozeman, MO), frequency-modulated continuous wave lidar: $18M B led by BMW i Ventures, participation from Toyota AI, Millennium Technology Value, Next Frontier.
-- CryptoKitties (San Francisco, CA), virtual collectible kitten game: $12M led by Andreessen Horowitz, Union Square Ventures, participation from Naval Ravikant, Mark Pincus, Fred Ehrsam.
1. What was the inspiration for Julia Computing? Were there any personal situations you encountered that gave you the
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