Turbotodd

Ruminations on tech, the digital media, and some golf thrown in for good measure.

Big Builds, Bigger Dogs

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Yesterday it was AI and agriculture, today it’s AI and construction. Built Robotics is a company looking to make construction equipment autonomous and has raised a $33M Series B round. Recognizing that the industry is facing a labor shortage, Built is building systems that would allow one equipment operator to oversee a fleet of vehicles working autonomously in parallel. 

But there’s plenty more VC money sloshing around where that came from…Wordpress parent Automattic raised $300M in a Series D round from Salesforce Ventures, valuing the company at $3B. Thirty-four percent of the world’s top 10 million websites now run on WordPress. No word yet if that means everyone at the company gets an “automattic” raise! 

There’s also more consolidation on the developer tooling front with GitHub’s acquisition of code analysis tool Semmle. Semmle streamlines security testing and offers developers a query languages to allow researchers to more easily test their code. No price on the deal, but Semmle was born from Oxford just last year and had raised a $21M Series B round led by Accel.

And app performance monitoring firm Datadog raised $648M in its U.S. IPO, valuing the company at $7.83B. Datadog had previously declined a buyout offer from Cisco.

Written by turbotodd

September 19, 2019 at 9:45 am

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