Cyera's Hypergrowth, Cake's Cap Table Push, and ServiceTitan's Stellar IPO | E2060
This Week in Startups
Strategic Fundraising and Impressive Valuation Growth
This chapter explores the rapid growth of a startup that secured $300 million in Series D funding, significantly increasing its valuation. The discussion highlights strategic fundraising decisions, customer focus, and the advantages of strong investor relationships in facilitating growth.
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Todays show:
Alex Wilhelm kicks off the show with Cyera’s Yotam Segev to dive into the state of enterprise data security. They discuss Cyera’s impressive feat of raising $300 million just quarters after its previous mega-round and explore the company's recent nine-figure acquisition of Trail Security. Next, Alex unpacks ServiceTitan's successful IPO and Broadcom's milestone achievement of reaching a $1 trillion market cap. To close, Cake Equity’s Kim Hansen joins the conversation to share insights into his company’s growth strategy and how it’s thriving in a highly competitive market.
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Timestamps:
(0:00) Alex kicks off the show
(2:12) Cyera’s Yotam Seveg joins the show
(10:05) LinkedIn Jobs - Post your first job for free at https://www.linkedin.com/twist
(11:34) Evolution from information security to cybersecurity and automated data categorization
(20:44) Cyera's acquisition strategy and impact on the company
(28:00) Washington Post - TWiST listeners can subscribe for just 50 cents per week for your first year at https://www.washingtonpost.com/twist
(29:10) AI's impact on data security and competition in the cybersecurity market
(34:19) ServiceTitan IPO, market reaction, and implications for the industry
(37:34) Beehiiv - Get 30 days free and 20% off your first 3 months at https://www.beehiiv.com/twist
(39:05) Tech companies reaching significant market caps and IPO performances
(47:17) Texas attorney general's lawsuit against tech companies over data practices
(48:21) Cake Equity’s Kim Hansen joins the show
(49:02) Cake Equity's mission, platform, and cap table management software demo
(54:29) Cake Equity's user interface, employee engagement, and expansion plans
(58:22) Automation in onboarding and international growth challenges for Cake Equity
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Mentioned on the show:
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Follow Yotam:
LinkedIn: https://www.linkedin.com/in/yotam-segev
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Follow Kim:
X: https://x.com/KimHansenYeah
LinkedIn: https://www.linkedin.com/in/kimhansencake
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LinkedIn: https://www.linkedin.com/in/alexwilhelm
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LinkedIn: https://www.linkedin.com/in/jasoncalacanis
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Thank you to our partners:
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(37:34) Beehiiv - Get 30 days free and 20% off your first 3 months at https://www.beehiiv.com/twist
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Great TWIST interviews: Will Guidara, Eoghan McCabe, Steve Huffman, Brian Chesky, Bob Moesta, Aaron Levie, Sophia Amoruso, Reid Hoffman, Frank Slootman, Billy McFarland
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