Cloudflare says Greylock, Bessemer, and other VC firms have collectively offered to invest up to $1.25B in startups that use its serverless computing platform (Connie Loizos/TechCrunch)

Frederic Lardinois / TechCrunch:
AWS launches Application Composer, a low-code tool for visually designing and building serverless applications with a drag-and-drop interface  —  At its re:Invent conference today, AWS announced the launch of AWS Application Composer, a new low-code tool for visually designing and building serverless applications.

Connie Loizos / TechCrunch:
Verkada, a security-focused IoT devices maker that has faced lax data security and toxic workplace allegations, raised a $205M Series D at a $3.2B valuation  —  Verkada, a six-year-old, maker of building security tools and tech for companies — it sells them a package of video security cameras …

Kyle Wiggers / TechCrunch:
Momento, which offers a “serverless cache” optimized for cloud computing that it claims developers can add with ~5 lines of code, exits stealth with a $15M seed  —  After working at NASA as a rover roboticist, Khawaja Shams underwent something of a career pivot …

Connie Loizos / TechCrunch:
Q&A with outgoing Y Combinator President Geoff Ralston on his decision to leave the accelerator, its investing capital sources, the market slowdown, and more  —  Last week at Web Summit, we were asked to interview outgoing Y Combinator President Geoff Ralston about the past, present, and future of the popular accelerator program.

Kate Clark / The Information:
Bessemer Venture Partners raised $4.6B for two new funds in August: $3.85B for young startups, the firm’s biggest fund to date, and $780M for PE buyouts  —  Venture capitalists aren’t striking many deals with tech founders these days.  Initial public offerings are nonexistent and public tech stocks …

Manish Singh / TechCrunch:
India’s market regulator tightens IPO disclosure norms after recent lackluster performance of tech startups; firms must disclose KPIs and past pricing details  —  India’s market regulator has tightened disclosure norms for firms looking to file for an initial public offering after lackluster performance …