Category: snags

Datasaur snags $3.9M investment to build intelligent machine learning labeling platform
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Datasaur snags $3.9M investment to build intelligent machine learning labeling platform

As machine learning has grown, one of the major bottlenecks remains labeling things so the machine learning application understands the data it’s working with. Datasaur, a member of the Y Combinator Winter 2020 batch, announced a $3.9 million investment today to help solve that problem with a platform designed for machine learning labeling teams. The…

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Progress snags software automation platform Chef for $220M
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Progress snags software automation platform Chef for $220M

Progress, a Boston area developer tool company, boosted its offerings in a big way today when it announced it was acquiring software automation platform Chef for $220 million. Chef, which went 100% open source last year, had annual recurring revenue (ARR) of $70 million from the commercial side of the house. Needless to say, Progress…

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Facebook snags former Vine GM to run product for its new experimental app division, NPE Team
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Facebook snags former Vine GM to run product for its new experimental app division, NPE Team

Is Facebook preparing to launch a serious competitor to TikTok? If so, the company just picked up some key talent to make that happen. Last week, Facebook announced plans for a new division, called the NPE Team, which will build experimental consumer-focused apps where it will try different ideas and features, then see how people…

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