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Posts By: Crosslink Capital

Google for Jobs is Secretly Out to Kill Job Sites

| May 22, 2017

There’s been a lot of buzz recently about Google for Jobs, a tool launching in a couple of weeks that will allow people to explore jobs from sites like LinkedIn, Monster, and CareerBuilder within a single Google search. The feature will be a great benefit for job seekers, but companies in the jobs business should beware. While this may seem like another logical and incremental upgrade to Google Search, it’s actually a power play of epic proportions that could fundamentally change the job search business over time. Read the rest of the article here.

 

AngelList just launched full-fledged venture funds

| May 16, 2017

According to AngelList, the startup funding and recruiting platform, the number of companies being minted continues to far exceed the number of funds that can support them at the Series A and even the seed stage. Meanwhile, angel investors don’t necessarily have enough capital, particularly those who may be respected operators but haven’t yet enjoyed a major liquidity event yet, meaning their wealth continues to be tied up in their companies. Read the rest of the article here.

Challenging job search and HR giants, Comparably raises $7.25M

| February 2, 2017

Jason Nazar, the Los Angeles-based co-founder and chief executive of Comparably is aiming to unseat some of the web’s most successful tech companies in human resources and job search world.

Nazar, who previously launched Docstoc, is looking to crack the market for business intelligence dominated by Glassdoor and break the chain LinkedIn has wrapped around the job-hunting process for human resources professionals.

Armed with a fresh $7.25 million in financing, Nazar is looking to bring what he bills as a mobile-first solution to the issue of transparency and equity in the workplace. Read the rest of the article here.

Ford Credit and AutoFi Debut Platform for Faster, Smoother, Simpler Digital Vehicle Buying and Financing

| January 23, 2017

There’s a new way for customers to purchase or finance a new Ford vehicle in minutes – right from a dealership website from anywhere, on any device – through a new platform from Ford Motor Credit Company and financial technology company AutoFi.  “AutoFi’s platform will help cut the time people spend arranging financing and improve the experience dealerships can deliver for their customers, no matter where they are in the car-buying journey,” said Kevin Singerman, CEO of San Francisco-based AutoFi. “We think this will be a game changer for both consumers and dealers, and we are thrilled to work with Ford Credit to make this happen.”  Read the full press release here.

GE Digital purchases ServiceMax to Extend their Platform

| November 15, 2016

We are pleased to report that GE Digital Systems (GE) has announced the acquisition of ServiceMax for approximately $945 million in cash consideration.  Our partner, David Silverman, led Crosslink’s first investment in ServiceMax in November 2012, and he has served on its Board of Directors since that time.  Crosslink invested a total of $19 million in the Company.

CEO, David Yarnold, has done an outstanding job building significant value for his customers, employees and his investors.   Thank you to the ServiceMax team for all of their efforts.  We wish them continued success in their next chapter of growth on the GE Digital Systems platform.

Read the full press release here.

DataStax Scores First in Two of Four Use Cases in Gartner’s 2016 Critical Capabilities for Operational Database Management Systems Report.

| October 18, 2016

DataStax is pleased to announce our recognition in Gartner’s 2016 Critical Capabilities for Operational Database Management Systems report. In a pool of 21 vendors in the space, we believe scoring first in two out of four use cases in Gartner’s report is further validation that DataStax Enterprise is the platform of choice for data-driven applications that need a distributed, responsive and intelligent platform.  Download report here.

Scott Chasin Builds Enterprise Security Company ProtectWise With Hollywood-Like Visualization Tools

| October 18, 2016

ProtectWise is my fourth business, so I look at it as an evolution of everything that I’ve done in my career,” says  serial entrepreneur Scott Chasin of his latest endeavor into network security. Cofounded in 2013 by Chasin and CTO Gene Stevens, the Denver, Colorado-based security firm is growing fast through a combination of security savvy and moxie unique to the security field.  Protectwise positions itself as a cloud-based enterprise platform that provides enhanced threat visibility and accelerated incident response.  Read the full article here.

Coupa Surges After Shares in IPO Price at Top of Increased Range

| October 7, 2016

October 6, 2016 | Bloomberg

Coupa Software Inc. more than doubled in its trading debut, after the company priced the shares in its initial public offering at the high end of an increased range. Read the full article here.

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