True to the spirit of the city, companies on the NYC tech scene are constantly evolving. Check out the latest developments from these startups. This is the Built In NYC weekly refresh.
This latest funding round brings Cedar’s total valuation to $3.2 billion — more than four times its value when it raised a money just eight months ago. The company wants to grow its team “significantly” over the next year, and has nearly 50 open tech positions at its NYC HQ.
Instead of decisions trickling down from a group of leaders to individual contributors (a “top-down” approach), Koh says she instead finds the domain expert for the role who has the power to make decisions that affect everyone at the company (a “bottom-up” approach).