A unicorn CEO on the labor crunch, return to office and the metaverse

It has been a big year for Chelsea-based Cockroach Labs.

The tech startup this week closed a deal for $278 million in fresh funding at a $5 billion valuation, which makes it the fifth most valuable local unicorn, according to a recent Crain’s ranking. The latest round is a late-stage Series F investment led by Greenoaks of San Francisco.

Before that deal, the 300-employee company signed a 65,000-square-foot lease in July to take over the former Peloton headquarters and, at the start of the year, closed a $160 million funding deal.

The firm offers companies cloud-native databases. It said it adopted the cockroach moniker for its ability

→ Continue reading at Crain's New York Business

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