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Coding assistant startups are highly unprofitable, says a source familiar with Windsurf financials.
All posts by Marina Temkin
The one-year-old startup raised a Series A led by Insight Partners.
The AI sales automation startup raised fresh funds, led by CapitalG, just months after its last round.
The 55-year-old VC firm announced its twentieth fund.
VCs and founders took much of the $2.4 billion, but money was left for a payout to all employees, sources say.
The 15-year-old chipmaker saw its shares climb 61% above its IPO price by the close of its first trading day.
The new round is being led by Iconiq Capital, with the possibility of a co-lead investor joining.
The seed round for Julius AI was led by Bessemer Venture Partners.
Lazarte has only been at Benchmark for two years. He backed startups like Mercor, HeyGen, and Decart AI.
Acrew Capital’s Kolodny led a $20 million Series A in Alix, a startup that uses AI to automate estate processing.
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