Thursday May 9, 2024

IBM Goes Deep With Comprehensive Cloud Initiative

 IBM has been setting it sights on helping customers manage the hybrid cloud world, and today it announced a series of initiatives it hopes will make it simpler to manage a broad range of resources by treating them as a single entity. The hybrid cloud is a term used to describe a mixed computing environment that […]

EMC Partners With Hippo To Gain Customer Experience Management Foothold

 EMC and Hippo announced a partnership today in which Hippo, an open source web content management platform, will integrate with EMC Documentum, EMC’s enterprise content management software. As with all good deals, each partner gains something. EMC fills in a missing piece in its content management arsenal without having to spend a lot of money. Hippo […]

Main Street Hub Lands $20M To Bring Social Media Marketing To Small Business

 Main Street Hub, a company that helps mom and pop businesses run social media marketing, customer relationship management (CRM) and marketing automation recently announced it has received $20M in debt financing from Silicon Valley Bank. The company has raised a total of $40M. The most recent funding before this announcement was $14M in Series B in […]

Box Acquires Cloud Management Startup Airpost

 Airpost, a startup that helps IT managers monitor their employees’ cloud applications, announced this morning that it has been acquired by Box. Airpost founder and CEO Navid Nathoo’s blog post makes this sound like a talent acquisition. The Airpost team will be joining Box (which went public just under a month ago), while the Airpost […]

Wall Street-Backed Symphony Wants To Revolutionize Financial Services Communication

 The company’s backers include a who’s who of Wall Street financial companies: Bank of America Merrill Lynch, BNY Mellon, BlackRock, Citadel, Citi, Credit Suisse, Deutsche Bank, Goldman Sachs, HSBC, Jefferies, JPMorgan, Maverick, Morgan Stanley, Nomura and Wells Fargo. Last fall, these companies contributed $66M to finance Symphony, and using that money, purchased Perzo, a… Read More Tweet […]

RapidMiner Picks Up $15M More To Scale Its ‘Business Source’ Data Analytics Service

 This week, RapidMiner announced that it has raised a $15 million Series B round of capital. The company had previously raised a total of $5 million, bringing its total capital tally to $20 million. The round was co-led by Ascent Venture Partners and Longworth Venture Partners. RapidMiner, headquartered in Cambridge, Mass., provides what it describes […]

AlleyNYC Co-Working Space Raises $16 Million

 AlleyNYC, a co-working space founded 2012, has raised $16 million in funding led by Vandewater Capital Holdings, with participation from Entrepreneur Media. AlleyNYC was started by Jason Saltzman and Nsi Obotetukudo who wanted to create more than a room full of desks. They wanted to create a community, where entrepreneurs were constantly bringing value to […]

Salesforce Wave Analytics Tool Makes The Move To Mobile

 When Salesforce.com launched Wave, its nascent analytics product last fall at Dreamforce, it did what it always does with new products. It put out a basic product to get things going and then it kept working. Today it announced several new tools that bring all the analytics goodness of Wave to a mobile device. Anna Rosenman, director of […]

ArmorText Raises $2 Million For Its Secure Mobile Messaging Service For Enterprise

 A company called ArmorText, which is developing a secure messaging client for the enterprise designed to meet the needs of those in regulated markets, has just raised nearly $2 million in outside funding. The round, which is still ongoing, may top that number when it fully closes. Leading the round for the Washington D.C.-based startup was the […]

Microsoft Officially Launches Azure Machine Learning Platform

 You know all that big data that’s streaming into your company from sensors, customers, social media, Excel spreadsheets, and data sources all over the internet? Microsoft wants to help you process all of it, build APIs and make use of that data in the cloud with machine learning technology. And to that end, Microsoft officially announced at […]