Sunday May 19, 2024

Pivotal confirms Series C round is actually over $650 million

 Pivotal filed a Form D last week with the SEC, indicating that last week’s $253 million round was actually closer to $653 million. Where did the extra money come from? Well, existing investors EMC converted $400 million in debt to equity to account for the additional money recorded in the SEC form, according to a […]

Slay squad goals, not just tasks, with Lattice

 You know what to do at work today, but do you know why? Goals. Having clear goals is critical to keeping productivity and morale high on any team. Whether it’s a launch date, level of traction, sales quota or hiring objective, teams perform better with well-defined motives. Lattice weaves goals into your workflow. Built by […]

Dyn raises $50M more to help your favorite websites stay fast and secure

 Internet performance management company Dyn has raised $50 million in Series B funding. Dyn was founded back in 2001, with its first product being a DNS service called DynDNS. Over time, it’s expanded into a broader suite of products that allow companies including Pfizer, Visa, Netflix and Twitter to monitor their online availability, security and speed. […]

Jeremy Hitchcock steps down as CEO of Dyn

 Just a day after announcing a $50 million round of funding, Internet performance management company Dyn is revealing there’s been a change in leadership — co-founder Jeremy Hitchcock is stepping down as CEO. “I’ve done a nice and effective job of getting the company from A to B, but now I’m thinking about helping the company […]

Weaveworks grabs $15 million Series B from GV to bring order to containerization

 Weaveworks announced a $15 million Series B round today led by GV (the artist formerly known as Google Ventures). Accel, which invested in its earlier $5 million Series A also participated. The company has raised $20 million so far with this round. Weaveworks has created a set of open source tools for managing, monitoring and securing […]

Slack debuts ‘Sign in with Slack,’ the work chat platform’s answer to Facebook Login

 Slack is pushing to become the identity layer for all enterprise apps. The workplace chat app has already captured the eyes, minds (and wallets) of the tech world with its deceptively simple, zippy platform for people to communicate and collaborate with each other on projects. One of its chief hooks is the ease with which […]

Customer support via SMS is about to get a lot easier, courtesy of Zendesk

 Customer support powerhouse Zendesk is broadening its ever-expanding number of support channels today, as the company announced a brand new native channel for customer service over the text messages. SMS may be 20-year-old technology, but there’s a lot to be said for short bursts of asynchronous exchange of information. Read More Tweet This Post

Rancher Labs raises $20M Series B round for its container management platform

 Rancher Labs, a container management platform that supports both Kubernetes and Docker Swarm, today announced that it has raised a $20 million Series B round. This new funding round was led by new investor GRC SinoGreen, a Chinese private equity and venture capital fund, with participation from existing investors Mayfield and Nexus Venture Partners. This round […]

How Foursquare hopes to hit profitability

 Foursquare’s business looks a whole lot different than it used to. New CEO Jeff Glueck and co-founder Dennis Crowley know it — and they still have a plan to hit $100 million in revenue, and profitability, in the next few years. They talked about some of their efforts, like focusing on building new tools for businesses that […]

Microsoft’s next version of SQL Server will launch June 1

 The next version of SQL Server, Microsoft’s flagship database product, will launch on June 1, the company announced today. The release follows Microsoft’s usual round of public previews and release candidates since the company first announced this update in 2015. Maybe the biggest difference between this release cycle and others is that the company first […]