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Rillet Raises $100 Million to Challenge NetSuite and SAP

Rillet Raises $100 Million to Challenge NetSuite and SAP

Key Takeaways: Rillet has raised $100 million in a Series C led by ICONIQ, reaching a post-money valuation of $1 billion as it tries to replace accounting systems from NetSuite, SAP, Workday, Oracle Fusion, and Microsoft’s Great Plains. Sequoia Capital, Andreessen Horowitz, Oak HC/FT, Bain Capital Ventures, Sequoi

Meta Faces Privacy Scrutiny After Smart-Glasses Video Goes Viral

Meta Faces Privacy Scrutiny After Smart-Glasses Video Goes Viral

Key Takeaways: Toluwa Omitowoju learned that she had been recorded by a man wearing Meta’s AI-powered smart glasses only after the resulting video appeared online. Friends, along with people she had not spoken to in years, sent it to her. “It went viral. Across all platforms, probably over 200,000 views,” Omitowoj