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Centrical lands $32M for employee success & LinearB scores series A for Dev teams
Centrical gets Intel and JVP centered on employee engagement and LinearB looks to bring a new approach to the way Dev teams operate. Dor Schwartz /
Intel & JVP lead investment in Centrical s employee
Centrical, an Israeli startup developing an employee success platform, closed a $32 million funding round, led by main stakeholder JVP and new investor Intel Capital. The round also saw participation from C4 Ventures and Citi Ventures, also new investors, as well as existing investors Aleph, CE Ventures, La Maison Compagnie d’Investissement and 2B Angels.
LinearB and Clubhouse Partner to Help Dev Teams Continuously Improve Software Project Delivery
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LinearB Software Delivery Intelligence provides team-based performance metrics and project insights for Clubhouse customers
LOS ANGELES and NEW YORK, Feb. 16, 2021 /PRNewswire/ LinearB, the team behind Software Delivery Intelligence, and Clubhouse, the collaborative home for modern software teams, today announced a partnership to help software development teams continuously improve project delivery by providing a complete picture of product and engineering lifecycles. Technical integration between the products will offer dev teams detailed project visibility and team-based metrics by correlating data across projects, code, Git activity and releases.
Yosef Harash
Feb. 9, 2021
They are called “dream companies,” firms that have gone public on the Tel Aviv Stock Exchange either through an initial public offering or by merging with a listed shell company. Many of them have no revenues, much less profits, but they are trading at heady valuations anyhow. That’s because they offer investors rosy forecasts, in other words a dream of a brilliant future lying ahead for those with patience.
Most of the dream companies are in high-tech sectors, such as food-tech, fintech and renewable energy, which since the dot com boom has had a tradition of loss-making stars going public. Many of them are pharma and biomed companies that need years and tens of millions to develop their first product that could end in failure or a fortune.
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Question: what’s better than project management?
Answer: Invisible real-time data-driven project management, that’s what.
Holy Land and US-based LinearB plays in this arena and the company insists that it’s not focused on intelligence software delivery, as such, its core gambit is Software Delivery Intelligence.
The company’s cheeky usage of CAPS to brand a discipline that we already know is meant to tell us that its tools help ship software in a different way.