DevTool Weekly Roundup of Innovation and Investment

Welcome to this week's edition of DevNews Weekly Roundup, your source for the latest developments in the world of DevTools. We're excited to bring you the most noteworthy headlines including startup funding raises, product launches, and exciting new features.

Read on to stay updated!

?? Funding - Congratulations to...

1?? Anysphere Secures $8 Million from OpenAI to Pave the Way for an AI-Powered IDE

Anysphere, a pioneering startup building what it calls an "AI-native" software development environment called Cursor, has just disclosed an impressive $8 million in seed funding, led by OpenAI's Startup Fund. Prominent figures, including former GitHub CEO Nat Friedman and Dropbox co-founder Arash Ferdowsi, also participated in this funding round.

This recent financial boost, pushing Anysphere's total funding to $11 million, will be earmarked for expanding the team and supporting ground-breaking AI and machine learning research, as emphasized by co-founder and CEO Michael Truell.

Read the full TechCrunch article here.

2?? Opsera Announces $12 Million Raise in a Series A Plus Round for Innovative DevOps Solutions

Opsera, a unified DevOps platform trusted by top Fortune 500 companies, has recently unveiled a Series A Plus funding round worth $12 million. This latest financial injection will drive Hummingbird AI, a transformative generative AI initiative, and expedite Opsera's growth. The funding is spearheaded by Taiwania Capital, with continuing support from investors such as Felicis Ventures and Clear Ventures.

Opsera's Unified DevOps Platform, powered by Hummingbird AI, offers AI-driven unified insights to enhance developer experience and productivity. It can effectively pinpoint bottlenecks and inefficiencies, along with facilitating remediations. Additionally, Hummingbird AI empowers enterprise developers by enabling the seamless deployment of large language models (LLM) across multiple clouds, using a templated approach. This expansion is set to ensure security and quality assurance compliance with bias scoring and cost management within LLMs.

Learn more from the full announcement here.

3?? Prophecy Raises $35 Million in Series B Funding to Revolutionize Data Transformation

Prophecy, an innovative low-code development platform dedicated to helping companies transform their data, has made waves by securing $35 million in a Series B funding round. This funding initiative, led by Insight Partners and SignalFire, boasts participation from J.P. Morgan, Singtel Innov8, Databricks Ventures, and Dallas Venture Capital.

With this substantial funding infusion, raising Prophecy's total capital to $67 million, the company is gearing up for the significant expansion of its platform and a heightened focus on customer acquisition, as emphasized by co-founder and CEO Raj Bains during a TechCrunch interview.

Raj Bains shared, "The pandemic and economic slowdown had temporary slowdowns in buying software that lasted a couple of quarters each. However, enterprise spend has held, and Prophecy is doubling revenue every two quarters despite these slowdowns — putting us in a very strong position."

The complete article is available here.

4?? Pantomath - A Rising Cincinnati Startup Reaps $14 Million in Series A Funding

Pantomath, has successfully secured its second round of venture funding within just a year of its launch. This funding round, one of the region's largest in 2023, accumulated a substantial $14 million in Series A funding. Silicon Valley's Sierra Ventures led this initiative, with participation from the company's seed-stage investors, Bowery Capital from New York and Epic Ventures from Salt Lake City. With this financial backing, Pantomath has now amassed $18 million in a span of 16 months. This capital will be dedicated to innovation through AI and expanding into new territories.

Pantomath's clientele includes notable names such as Paycor, Coterie Insurance, and G & J Pepsi-Cola Bottlers, Inc. Rick Huff, Chief Information Officer at Paycor, commended Pantomath, stating, "Pantomath provides end-to-end traceability, which enables our teams to focus on building new solutions instead of getting mired down in operational tasks."

Explore the complete write-up here.

?? Updates & New Features

1?? Hubql Empowers Tech Professionals with Protobuf File Visualization and Collaboration Support

Hubql, the platform designed to facilitate collaboration in visualizing, implementing, and documenting data models and API schemas announces new feature.

In its latest release, Hubql offers robust support for visualizing and collaborating on Protobuf files, allowing you to effortlessly generate graphs from single Protobuf message definition files.

Want to know more? Explore the application here.

2?? highlight.io Elevates Developer Experience during Launch Week

Highlight.io is on fire during its launch week, rolling out a series of updates that enhance the developer experience. The updates encompass Harold AI, Error Monitoring, an improved UX, and a GitHub integration within the Highlight Dashboard for an enhanced stack trace viewing experience.

Keep tabs on all the changes and enhancements here.

3?? OpenTofu : Weekly Update for Terraform Enthusiasts

OpenTofu has unveiled its weekly update, addressing the registry replacement issue with a new list of stable registry requirements. The initiative is making significant strides in achieving compatibility with TF 1.6 and has been systematically addressing stable release blockers. The OpenTofu initiative, backed by leading organizations within the Terraform ecosystem, is committed to safeguarding Terraform's open-source nature.

You can show your support here.

?? Launches

1?? Appwrite Unveils Appwrite Cloud Beta on Product Hut

Appwrite has undergone a sleek rebrand and introduced Appwrite Cloud beta on Product Hunt. Appwrite's open-source development platform empowers you to build applications of any scale, giving you control over your data and using your preferred coding languages and tools.

Check it out here.

2?? GitKraken Announces a Unified Suite of Developer Tools

GitKraken, a leading developer tool maker, has unveiled multiple new tools, plans for further additions, and powerful team collaboration services. All of GitKraken's developer tools are now included in a unified suite, offering continuity across different environments. With the launch of the GitKraken CLI and the GitKraken Browser Extension, the company aims to serve diverse tooling preferences.

Discover more in the announcement here.

3?? Atlassian Corp. Launches Compass for Enhanced Developer Experience

Atlassian Corp., the maker of collaboration and productivity software for developers, has introduced Compass into general availability. Compass is a developer experience platform that offers a centralized hub for discovering, monitoring, and automating components, streamlining software development and collaboration. It addresses a problem that gets exponentially worse year on year as software developers get asked to build and deploy software at faster and faster speeds.

Explore it here.

??? News & Events

??In case you haven’t seen it yet, the 10th Annual Survey Report: State of DevRel Report 2023 was released yesterday, it’s a must-read for anyone in the profession or looking to get into it. Greatly presented by Caroline Lewko from DevRel.Agency.

Read the full report here.

?????? Major League Hacking is in full swing with its Global Hack Week! It’s 100% free for anyone to join, from anywhere in the world. Super easy to register and participate and put your skills to the test along with live challenges and engage with the community – for those starting out as well as seasoned professionals.

What are you waiting for? Join here.

Thank you for joining us in this week's DevNews roundup. Stay tuned for more exciting developments in the world of DevTools next Wednesday by subscribing to this Newsletter!