Good news for startups in the data observability business, another tech layoff, and more - June 9, 2022

June 9, 2022 [Venture investors see potential in data observability]( It’s unlikely the term “data observability” gets most folks too excited. Unless they are investors. We’ve seen several startups in the space raise serious cash over the last couple months. In the span of one week three companies alone raised more than $400 million. [Exclusive: Cybersecurity startup Deep Instinct cuts staff]( As tech layoffs continue daily, cybersecurity company Deep Instinct is the latest to let go of staff, according to former employees who reached out to Crunchbase News. It’s unclear how many employees were cut or what percentage of the company was affected by the layoffs. [Meet the 34 new unicorn companies minted in May 2022]( Even as global venture funding fell for the second consecutive month in 2022, 34 companies joined [The Crunchbase Unicorn Board]( raising a median of $118 million in their latest funding. We list the companies by industry. [Biotech startup funding has also slowed]( Venture funding to biotech startups slowed in 2022 after peaking in 2021. The slowdown comes amid a broader pullback in global venture funding. For perspective, we lay out venture funding totals and round counts for U.S. biotech startups over the past five-and-a-half years. [What are VCs backing at Series A? Here are 5 hot areas]( Even as U.S. venture funding falls from peak levels, things are still far from slow. So far this year, investors have poured more than $16 billion into Series A rounds alone. As usual, the lineup of funded companies is mesmerizingly diverse, touching on spaces from virtual reality to mimic hallucinogenic mind trips to portable nuclear microreactors. [15 best Google Chrome extensions for sales reps in 2022]( Being a successful salesperson starts with keeping yourself organized, and that can be a battle amidst sales calls, emails and meetings. The good news is, with Chrome extensions you can leverage sales tools to help you cut down on tedious and repetitious tasks. In this article, we’ve listed 15 of the best Chrome extensions for sales professionals that offer powerful shortcuts to help you stay on-task and streamline your sales workflow. Limited-Time Promo Close out the quarter strong with Crunchbase Pro - now 20% off with code CLOSEOUTQ2 [Redeem Offer]( [Crunchbase ROI Calculator]( [See the number of new accounts Crunchbase can add to your funnel with our advanced prospecting ROI calculator powered by Crunchbase data.]( [Calculate]( Crunchbase Pro: Searches and Lists Name Type Entries [Corporate venture capital investors in AI companies in the last year]( Investors 172 [Seed and venture investments in construction companies in the past year]( Funding Rounds 225 [Telemedicine companies that have raised funding]( Companies 285 [More Featured Searches and Lists]( [Check out our Crunchbase solutions here]( – prospecting tools made for everyone Recent Investments [Envision Digital]( [$210M]( / [Series A]( Envision Digital provides software solutions for organizations across the world and improve their citizens’ quality of life. Categories: Information Technology • Internet of Things • Software Founders: [Lei Speaks]( Investors: [Sequoia Capital China]( (Lead), [GIC]( [nfinite]( [$100M]( / [Series B]( Nfinite develops an AI-based 3D visualization software that allows retailers to create and display product visuals through CGI technology. Categories: 3D Technology • Artificial Intelligence • E-Commerce • Retail Technology • SaaS Founders: [Alexandre de Vigan]( Investors: [Insight Partners]( (Lead), [U.S. Venture Partners]( [Kissht]( [$80M]( / [Venture Round]( Kissht is a financial technology platform that provides loans and credit for consumers. Categories: Credit • FinTech • Lending • Sales Automation Founders: [Karan Mehta]( [Krishnan Vishwanathan]( Investors: [Brunei Investment Agency]( (Lead), [Vertex Growth Fund]( (Lead), [Endiya Partners]( [+ 1 more]( More Fundings Company Amount / Round Lead Investor [Whistic]( $35M / [Series B]( [JMI Equity]( [Ethena]( $30M / [Series B]( [Lachy Groom]( [ZigBang]( 34B KRW / [Secondary Market]( - [CareAcademy]( $20M / [Series B]( [Goldman Sachs Asset Management]( [10club]( $15M / [Debt Financing]( - [10club]( $15M / [Series A]( [Olive Tree Capital]( [Kinside]( $12M / [Series A]( [Wellington Management]( [Uni Cards]( 500M INR / [Debt Financing]( [Stride Ventures]( [All Recent Funding Activity]( Recent Acquisitions [Barkey Holding]( Pending acquisition by [Azenta Life Sciences]( for 80M EUR More Acquisitions Company Acquired By Amount [Swanline Group]( [Zeus Packaging Group]( 25M EUR [All Recent Acquisition Activity]( #{Rails.configuration.daily.cb_url} Discover innovative companies and the people behind them. [Follow Us on Crunchbase]( [View Jobs on LinkedIn]( [Follow Us on Twitter]( [Like Us on Facebook]( 564 Market St, San Francisco, CA 94104 © 2022 Crunchbase Inc. All rights reserved. [Privacy Policy]( | [Terms of Service]( [Unsubscribe]( from Crunchbase Daily.