Monday May 20, 2024

UK E-Commerce Intelligence Startup Ometria Raises $1.5M Seed Round

The UK’s Ometria is another startup that wants to help online retailers make better use of data, and, in turn, compete harder with larger, more data-driven players in the market. Read More Tweet This Post

IBM India Battles Fraud Amid Scramble To Save Its $2.5B Airtel Contract

Over the past few weeks, IBM India has fired at least half a dozen top- to mid-level executives, as well as several others accused of fraud. The fraud led to a portion of the over $2 billion outsourcing contract, with Bharti Airtel being subcontracted to a company founded by former IBM-ers. The original contract signed was […]

Government open data proves a treasure trove for savvy businesses

When President Barack Obama signed the Open Data Executive Order last May, many IT leaders applauded the White House’s decision to release treasure troves of public data as part of an important government initiative for greater transparency. However, what many didn’t bargain for was the state in which they’d find these once-buried data sets. “A […]

Hotshot CEO Aaron Levie Will Only Own 4.1% Of Box When It IPOs, Investor DFJ Owns 25.5%

Box CEO Aaron Levie is credited with bringing sexy back to enterprise startups, but the big suprise in Box’s S-1 IPO document filed today is that Levie only owns 4.1% of the company. Meanwhile, investors Draper Fisher Jurvetson owns 25.5%. The numbers reveal Levie had to sell off much his startup to raise the $414 […]

Data Management Startup Actifio Raises $100M At $1.1B Valuation

Actifio, a data visualization management company that is preparing for an IPO, announced today that it has raised $100 million led by Tiger Global Management, with participation from previous investors Greylock IL, Advanced Technology Ventures, Andreessen Horowitz, and Technology Crossover Ventures. This latest round brings Actifio’s total funding to about $207 million and puts its […]

Pivotal juices Hadoop with in-memory database and SQL querying

Pivotal, an EMC/VMware spin-off that has big plans to deliver big data analytics through platform as a service, has whisked the Tweet This Post

Another Day, Another EdTech Giant Acquired: Following Renaissance Learning, Education Software Veteran Skillsoft Sells For $2B+

It’s been an active week in the world of education software, with this weekend bringing news of the second big-ticket acquisition of a veteran EdTech company in as many days. Last week, Renaissance Learning, the 29-year-old, Google Capital-backed analytics and assessment giant, was acquired by private equity firm Hellman & Friedman for a hefty $1.1 […]

Fleep, The Team Messaging App Built & Funded By ‘Skype Mafia’, Adds Mac, Windows And Android Apps

Fleep is adding Android, Mac and Windows to the list of supported platforms for its team-messaging app. Read More Tweet This Post

Cloudera gets $160M to bring Hadoop to the enterprise

Cloudera today announced that it has secured $160 million in new financing to advance its distribution of the open source Hadoop big data platform. The move brings the company’s total funding up to $300 million and reflects how bullish investors are on the Hadoop platform being a major tool for companies to handle their data […]

Hublo Is The Web Analytics Tool For The Rest Of Us

Meet Hublo, a recently launched analytics service that is easier to use than your average analytics tool. It works a lot like Mixpanel, KISSmetrics and others, but you don’t have to write a single line of code to make it work. “Hublo is the Mailchimp of analytics,” co-founder and CEO Cyril Gantzer told me. “We […]