Correlation Ventures

Over a decade ago, I was reading an up-and-coming newsletter at my desk in NYC. Today, I'm thrilled to announce Twill's pre-seed round, exclusively shared by Adam DeRose in HR Brew ☕ Our mission: Help people access opportunities through their networks and earn what they deserve for making great connections. We think your relationships are valuable - and we mean that literally. Proud to have thought leaders in the future of work Bloomberg Beta leading our round, with Purpose Built, VITALIZE Venture Capital, Correlation Ventures, and angels from Meta, Netflix + Snap Inc. backing our vision. Full circle moments hit different. 💫 The growing Twill community proves there is a movement of talented people who want tangible ways to support their network to have better access to jobs. The most significant testament to Twill is that every hire on the platform has been made in less than 30 days 🚀 To our early investors who believe in this vision Miles Lasater, Roy E. Bahat, Lori Berenberg, Karin Klein, Gale Wilkinson, Wesley Barrow and many more, our incredible members making it happen, our growing team, and to our visionary early partners - thank you. Our all-in-one Twill Platform has already launched in private beta and will be available to the entire community in Q1'25. Read the full story here: https://lnkd.in/eW_ruP-9

“Our diamond technology will be able to hyper-accelerate Moore’s Law.” Felix Ejeckam Felix Ejeckam and Ty Mitchell join as guests on the No Priors Podcast, hosted by Sarah Guo and Elad Gil. In their conversation, they dive into the heat problem every piece of technology is facing and why Akash Systems's Diamond Cooling is the answer. Here’s what you’ll hear: 💎 How diamonds are rewriting the rules of thermal management 🚀 How Akash is hyper-accelerating Moore’s Law  🙌 The game-changing impact our diamonds have on AI, data centers, and beyond Akash is building innovation at the atomic level and shaping the future of AI. Want to learn more? Listen to our conversation with Sarah 👇

Akash Systems x NxtGen Datacenter & Cloud Technologies Vinod Khosla and Peter Theil backed Akash Systems has signed a $27 million agreement with NxtGen, India’s largest AI compute solutions provider. Akash will deliver its revolutionary Diamond-Cooled 💎 AI servers, powered by AMD and NVIDIA GPUs, to NxtGen’s state-of-the-art data centers across India. The servers will support NxtGen’s mission to provide energy-efficient and cost-effective AI compute services to enterprises of all sizes across India. We are excited to transform the AI landscape together. Learn more 👉 https://shorturl.at/jJA44

Today I am tremendously excited to begin sharing the Cake story in public. Cake makes cutting-edge AI available to everyone by solving hard infrastructure problems that unlock production-readiness in the vibrant open source AI ecosystem. Reach out if you are following the deluge of breakthrough research, but struggling to apply those new capabilities in your business environment. I am amazed by the tireless effort of our team over the last two years and proud of our customers who are in production today. So much gratitude to the entire Cake circle, and much much more to come. Introducing Cake https://lnkd.in/dic8RypR TechCrunch https://lnkd.in/deYzSq7f A huge thank you to Cake's investors: Gradient, Primary Venture Partners, Alumni Ventures, Friends & Family Capital, Correlation Ventures, Firestreak Ventures, and more.

We are excited to launch Valora Therapeutics with a $30 million financing to redefine immunotherapy through our proprietary AbLec platform, a novel approach to immunotherapy founded on groundbreaking research from Dr. Carolyn Bertozzi, Nobel Laureate and world-renowned glycobiologist, and Dr. Jessica Stark, now a faculty member at MIT. The AbLec platform uniquely targets specific sugar molecules on cells to modulate glyco-immune checkpoints—a critical control point in the body’s immune response. This innovative approach has the potential to deliver first-in-class and best-in-class therapies for oncology, autoimmune diseases, and other therapeutic areas. A big thank you to our investors Avalon BioVentures, Bregua Corporation, and TigerGene LLC, who co-led the financing, with additional support from Alexandria Venture Investments and Correlation Ventures. Read the full press release for more: https://lnkd.in/g4saySFi #Immunotherapy #AbLec #Glycoimmunology #Glycobiology #Biotech #Financing #SanDiego

Congratulations Felix and the entire Akash Systems team on this important validation!

We’re thrilled to announce that Akash Systems has just been awarded funding from the CHIPS and Science Act, a major milestone that supports our mission to lead the way in AI and space technology manufacturing. This funding empowers us to scale up the delivery of our Diamond Cooled Servers, designed for the high demands of AI and data centers. With much faster Compute performance and enhanced cooling efficiency than ever before, these servers are setting new benchmarks in high-performance computing. We’re also pushing the boundaries of Satellite Communications with our GaN-on-Diamond Space Radios, delivering faster data rates and increased reliability to support global connectivity. A huge congratulations to the team for this historic accomplishment. We are excited for what comes next! https://lnkd.in/grmgVWjN

Exciting News! We are thrilled to announce that Netskope has officially acquired Dasera! Since our founding in 2019, Dasera has been committed to evolving how organizations secure sensitive data across cloud and on-prem environments. Today, we embark on an exciting new chapter as part of Netskope, a global leader in data protection and SASE. Our mission of enabling companies to find, assess, and protect data across structured, unstructured, and semi-structured data sets in cloud (AWS, Azure, GCP), PaaS repositories (Databricks, Snowflake), and on-prem aligns perfectly with Netskope’s vision for a holistic data protection platform. This acquisition is a natural cultural and technological fit, as Dasera becomes the foundation for Netskope’s brand-new DSPM module. Led by co-founders CEO Ani Chaudhuri and CTO Dr. Noah Johnson, our team is incredibly proud to have joined Netskope. Together, we’ll continue building innovative solutions to secure sensitive data everywhere. Welcome to a new data security era! #DataSecurity #DSPM #CloudSecurity #Acquisition #netskope

We're excited to announce that we've raised $9.3M in Seed funding led by Andreessen Horowitz, with participation from Adjacent, Necessary Ventures, Terrence Rohan, Nico Rosberg (Founder Rosberg Ventures), Molly Mielke, Amjad Masad, Clem Delangue, Josh Miller, Ben Rubin, Yael Aflalo, and other amazing founders and investors. With this capital, we’ll manufacture and bring P1 to market, while laying the foundation for our larger vehicle roadmap. Our mission is to build the best non-car vehicles on earth and to accelerate a post-car future. We’re so proud to partner with this leading group of investors to make that vision a reality. Joseph Cohen Eddie Cohen Zach Cooper READ MORE: https://lnkd.in/eW9tFvsW

I am proud to announce hotglue's $4 million seed round led by 8VC with participation from Y Combinator, Correlation Ventures, Wayfinder Ventures, and TDF Ventures. When we went through YC in 2021, we quickly realized we had stumbled onto a massive problem that needs solving: integrations are hard to build, but they're absolutely essential to so many SaaS companies. Three years in and we've found the problem is even larger than we could have imagined, and hotglue has been able to help so many companies solve that problem. With this new round of funding, we are doubling down on building the premier embedded integration platform, and helping companies of all sizes build quality integrations. Thank you to our amazing customers, our team, and our investors for all the support throughout this amazing journey. Special shout out to Asanka Jayasuriya for betting on us and the potential of hotglue, and to our pre-seed investors Yuri Sagalov, Andrew Miklas, and Jamie Quint for all their help over the years. David M. and I are so excited for what the future holds. Read more about the raise: https://lnkd.in/eAgab_tx