Wednesday May 8, 2024

German Online Loans Platform Smava Raises $16M

 Here comes some more funding for a European financial tech company specialising in online loans. Germany’s Smava — a peer-to-peer lending platform where investors provide the funds to loan money to borrowers — has raised $16 million in funding led by Phenomen Ventures, along with existing investors Earlybird and Neuhaus Partners. Phenomen’s track record in… Read More Tweet This Post

Salesforce Makes Hard Push Into Human Resources With New Platform

 Salesforce.com announced a new set of human resources tools today designed to improve employee engagement. The tools have been mostly adapted from existing Salesforce products and represent a significant departure from Salesforce’s traditional sales and marketing targets. “What we are doing is taking the best of our technologies and allowing customers to turn them inward and… Read More Tweet […]

Box Breaks Out Of Application Box With New Developer Edition

 Box announced ‘Box Developer Edition‘ at its yearly BoxDev event today. The new approach allows developers to run their own Box “instance” inside of their application — their very own Box, in other words. This turns Box on its head in a sense because instead of running the Box application, and building apps on top of it, […]

Assured Labor Raises $6.75M, Has Connected Workers With 100K Jobs In Latin America’s Informal Sector

 Long before LinkedIn went public or before a plethora of on-demand startups began washing the Bay Area and other U.S. cities with services at the click of a button, there was this startup from an MIT grad called Assured Labor. David Reich started the company in 2008 to make informal labor markets in Latin America […]

Mixmax Raises $1.5M From Harrison Metal, Floodgate To Bring Interactive Apps To E-mail

 Mixmax, which is making e-mail interactive with apps that set-up calendar meetings and polls, raised $1.5 million from Harrison Metal, Floodgate’s Mike Maples and Ann Miura-Ko, Ram Shriram of Sherpalo Ventures and angels Eric Ries, Soundcloud CEO Alex Ljung, Nuzzel CEO Jonathan Abrams, Inkling CEO Matt MacInnis and Soundcloud’s Eric Wahlforss. “It’s crazy that we… Read […]

Mobile-First Word Processing App Quip Adds Chat Rooms, Making It More Like Slack

 Products like Slack, Hipchat, Yammer and Asana have been slowly picking apart the world of enterprise communication, giving workers new, easier to use, and frankly more fun platforms to speak to each other and work on documents together. Now another startup wants to get in on the action. Quip — the mobile-first “word processor” app co-founded by ex-Facebook […]

IBM Reports Higher-Than-Expected Q1 Profit, But Revenue Of $19.6B Disappoints

 Following the cessation of regular trading this afternoon, IBM reported its first-quarter financial performance. The company reported higher-than-expected adjusted profit on a per-share basis of $2.91, but the company’s $19.59 billion in period-revenue was under street expectations of $19.64 billion. The company now has a run of 12 straight quarters of declining revenue. IBM’s… Read […]

Amazon’s AWS Quietly Acquired NoSQL Database Migration Startup Amiato In May 2014

 Amazon Web Services, the enterprise division of the e-commerce and cloud services giant, has been growing its reach in data warehousing and big data analytics by way of Redshift, a hosted product that it launched in 2012 and is now AWS’s fastest growing product “ever”, according to CTO Werner Vogels. Along with input from AWS’s own in-house engineering teams, it… […]

Docker Raises $95M Series D Round For Its Container Platform

 Docker, the company that kicked off the recent enthusiasm for containers two years ago, today announced that it has raised a $95 million Series D round led by Insight Venture Partners. New investors in this round include Coatue, Goldman Sachs and Northern Trust. Existing investors Benchmark, Greylock Partners, Sequoia Capital, Trinity Ventures and AME Cloud […]

Illumio Raises $100M More For Enterprise Security That Goes Beyond The Firewall

 As the number of IT breaches continues to rise, startups that are coming up with creative ways of tackling the issue are growing, too. In the latest development, Illumio — a startup that aims to secure enterprise computing environments beyond their firewall perimeters by covering processes and applications in data centers and public and private clouds — is […]