Daily Crunch: Israel-based cybersecurity startup Siemplify sells to Google for $500M – TechMac

Google confirms it acquired cybersecurity specialist Siemplify, reportedly for $500M, to become part of Google Cloud’s Chronicle – TechCrunch

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Hey and welcome to Every day Crunch for January 4, 2022! Yesterday we famous that startup information was kicking off the 12 months slightly gentle, however that that may change shortly. And alter it has. Within the following we have now IPO information, robotic information, canned-water startup information, acquisitions and extra. Let’s go! —Alex

The TechMac Prime 3

  • Justworks’ valuation might high $2B in IPO: The primary of the anticipated 2022 know-how IPOs dropped a worth vary this morning, which means that the general public providing season is formally underway. SMB HR-focused Justworks’ valuation might scoot previous the $2 billion mark, by our reckoning, when it begins to commerce (we presume) later this month. For its traders, the worth seems to be a win.
  • Joe Lonsdale’s dangerous tweets get him in hassle: After diving into the problem of disparate funding totals for various teams of individuals, 8VC’s Joe Lonsdale has been attempting to stroll again his feedback on Twitter. It’s not likely working, as he seems to have stated what he thinks. And folk in enterprise aren’t thrilled, Natasha studies.
  • Google confirms $500M purchase of Israeli cybersecurity startup: Reviews that U.S. search big Google was shopping for Israeli startup Siemplify have been confirmed, TechMac writes. Sources near the deal confirmed the worth, even when Google is staying mum on how a lot it dished out for the corporate.


Earlier than we dive into startup information about particular person firms, just a few notes. First, whereas tech shares have taken a hammering in current weeks, it seems that the personal markets are full-steam forward. There’s danger there. Wanting overseas, we even have notes up on fintech in Africa and the way dominant the only startup class is proving to be. And Refinery Ventures’ new fund is all about getting startups to their Sequence A, Christine Corridor studies.

Now, the remainder of it:

  • Why is canned water so costly to promote? That’s my query concerning the information that Liquid Dying simply raised a $75 million spherical. Don’t get me fallacious, water is ok, and death-themed water is correct up my heavy metallic alley. However the sheer quantity of capital that’s flowing into tech-light companies is complicated. That stated, I’m right here to assist any model that leans into metallic music so far as Liquid Dying has, per its merch web page.
  • Robotic bar carts are right here to assist: Labrador Methods’ multiyear challenge to construct a robotic for transferring issues a couple of house is coming to fruition, TechMac studies. We clapped eyes on the system again in 2020, which means we’ve been ready for it to come back out for a while. Per our reporting, the corporate’s Retriever robotic gives “help for aged customers and folks with restricted mobility.” That’s rad.
  • Skydio launches refined drone mannequin: U.S. drone startup Skydio has up to date its Skydio 2 drone to the Skydio 2+, which brings with it longer flight vary, extra battery life and new software program. Skydio captured consideration with its drones that comply with and movie their house owners.
  • Nice, now my meditation app desires me to truly do issues: Calm, greatest often called one of many main meditation cell apps, is increasing into different areas of self-care. And now, we don’t imply additional wine on Monday mornings. As a substitute, Calm has put collectively what it calls “Every day Transfer” movies that can assist its customers transfer. Daring from an organization that made its bread thus far on serving to folks sit nonetheless. However as a result of you must do each to be sane, I’ve discovered, Calm could possibly be onto one thing right here. Let’s see how the brand new content material performs in-market.
  • Recorded Future spends $65M on SecurityTrails: Right here’s a neat little startup deal. Recorded Future, a menace intelligence firm, has bought SecurityTrails, an organization that we report “collects and maintains huge quantities of present and historic web data, corresponding to area title data, registration knowledge and DNS info, giving organizations visibility into what their menace assault floor is.”
  • Environment raises $100M: OK, this one is cool. Environment is a startup that creates video content material — at instances sans sound — for “broadcast in public locations like bars, eating places and medical doctors’ workplaces.” Consider the visible model of the music you hear in elevators. Get it? The corporate’s new spherical was 80% fairness, 20% debt.

And from the what did you anticipate file, Starlink is shedding Indian workers after it was instructed to cease working within the nation and not using a license.

AWS will purchase a SaaS firm, and different 2022 enterprise predictions

Picture Credit: Tyler E Nixon (opens in a brand new window) / Getty Photographs

Yesterday, TechMac reporter Ron Miller shared his predictions for enterprise firms this 12 months.

As he famous, making enterprise forecasts is difficult: In 2021, who anticipated Salesforce to snap up Slack for nearly $28 billion, or that Jeff Bezos would hand over the reins of Amazon to Andy Jassy?

“I positive didn’t see that coming, and I’m betting most individuals didn’t,” wrote Ron. “The tech world strikes so shortly, it’s typically exhausting to maintain up.”

With “the same old caveats,” his prognostications embody ongoing provide chain points, the impacts of elevated regulatory oversight in Europe and the U.S., and his ideas on a M&A market the place desk stakes are measured within the tens of billions.

His boldest, spiciest take?

Salesforce … was quiet in 2021, busy closing the Slack deal. It received’t be too unrealistic to anticipate one thing in 2022. Perhaps one thing SaaS-y like Zoom, Field or Dropbox. Perhaps Benioff lastly will get Twitter, an organization he desperately wished in 2016, as Casey Newton advised in The Platformer this week.

(TechMac+ is our membership program, which helps founders and startup groups get forward. You possibly can join right here.)

Large Tech Inc.

There are two matters to hit on at this time from Large Tech. The primary is from Amazon, and the remainder is a big pile of reporting on what’s occurring at CES this 12 months. First, Kindle:

  • Kindle’s future in China is fading: The Amazon e-reader has been within the Chinese language marketplace for 9 years, however provide of its gadgets is drying up within the nation. Given the broader push by the Chinese language authorities to regulate media of all kinds, the transfer will not be a shock. In spite of everything, even a smaller Kindle library remains to be quite a lot of books. And, nicely, open inquiry will not be actually ascendant within the Chinese language market lately because of the Chinese language Communist Get together.

And from CES:

TechMac Specialists

Picture Credit: SEAN GLADWELL / Getty Photographs

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