Wednesday May 8, 2024

The Mystery Money Creating The Unicorn Herd

 Varied explanations for the growing herd of unicorns — and predictions of their imminent demise — abound. But all can agree: Those who invest in unicorns are chasing returns they can’t get elsewhere. And while venture capital is widely perceived to be fueling the unicorns’ growth, a closer look reveals that not all venture capital […]

Software For The Full-Stack Era

 The history of software is dominated by companies that automated how the biggest companies in the world did business. IBM automated clerical tasks, SAP unified corporate financials, and Siebel digitized Rolodexes for relationship-driven salespeople. With that focus in mind, it’s no wonder that many of the world’s largest technology companies survive based on their ties […]

Dropbox Acquires Clementine, An Enterprise Communication Service

 Dropbox has acquired Clementine, an enterprise communication service, today according to a blog post on the company’s page. Clementine focuses on internal communication, such as conference calls and chat services that aren’t connected to a personal phone number. It’s an important area for the workplace, given that more and more people are connecting their work software… Read […]

Cazena Raises $20M Series B For Its Enterprise Big Data-As-A-Service Platform

 Cazena, a new platform that wants to make it easier for enterprises to process their data, today announced that it has raised a $20 million Series B round led by Formation 8. Other participants include Andreessen Horowitz and North Bridge Venture Partners, who both also participated in the company’s $8 million series A round last […]

IBM Acquires Database-As-A-Service Startup Compose

 IBM today announced that it has acquired Compose, the Y Combinator-backed database-as-a-service startup originally known as MongoHQ. Financial terms of the acquisition were not disclosed. Compose had raised $6.4 million since it launched in 2010 — most of it in a Series A round in 2012 that was led by Trinity Ventures. Read More Tweet […]

Zenefits Grabs Twitter’s Rita Garg To Run Business Development

Zenefits, the $4.5 billion human resources software startup, said today it hired Twitter’s (now former) director of global business development Rita Garg. It’s another executive departure for Twitter, with head of communications Gabriel Stricker and former CEO Dick Costolo recently stepping back. Twitter is not unfamiliar with executive shuffles, with the top of the company… […]

Slack Integrates With Google Calendar To Add Events To Channels

 Slack, the popular office communication tool, will now integrate with Google Calendar, letting events automatically post reminders inside slack channels. Here’s how the integration will work: After linking a Google account to Slack, you can choose any calendar and instruct it to post to certain Slack channels. For example, you could have events from your company’s development… […]

It’s Your Fault Email Is Broken

 As an email startup CEO, I hear it every week. “I hate email. Email sucks. Why can’t anyone fix it? And why would you want to spend your life working on something everyone hates?” Email is an obvious target for blame, since we collectively send 183 billion of them every single day. But blaming email […]

CoreOS Launches Preview Of Tectonic, Its Commercial Kubernetes Platform

 Earlier this year, CoreOS announced Tectonic, its commercial distribution that combines the CoreOS operating system with Kubernetes, Google’s container management and orchestration tool. Today, as Kubernetes hits 1.0, the company launched the first preview of this new service. Tectonic subscribers will get 24×7 support for the whole stack, which, among other things, includes… Read More […]

Apprenda Raises $24M Series D Funding Round For Its Enterprise PaaS

 Apprenda, an enterprise platform as a service (PaaS) player that originally launched back in 2007, today announced that it has raised a $24 million Series D round led by Safeguard Scientifics. Other participants in this round include New Enterprise Associates and Ignition Partners. This brings Apprenda’s total funding to $56 million. Read More Tweet This […]