April 25, 2024

Space and defense startup True Anomaly has laid off around 25% of its workforce and canceled its summer internship program, TechCrunch has learned. “With our rapid growth over the past two years, we looked at every aspect of our company to make sure we are laser focused on our goals and best positioned to execute,” a company spokesperson said. “We identified the duplication of roles and functions across the company, and as such, reduced our

Rubrik shares hit the New York Stock Exchange Thursday, debuting at $38 a share. The cybersecurity company priced its shares at $32 apiece Wednesday night, just a hair over its initial target range of $29 to $31 after raising $752 million. This share price gives Rubrik a fully diluted valuation of $6.6 billion, up 88% from its last primary valuation of $3.5 billion in 2019. The stock settled at $37 a share at the end

Hurry up! Our Call for Content ends tomorrow, April 26 at 11:59 p.m. PT. If you’re a startup expert eager to lead a session at TechCrunch Disrupt on October 28-30, now’s the time to apply! Submit your proposal to speak at TechCrunch Disrupt 2024 before the deadline. Your topic should empower startup founders, builders, and entrepreneurs to advance their businesses. Select the format that best fits your subject (or both!): Breakout Session: Present a 30-minute