It’s a big day for Timescale, makers of the open-source time-series database, TimescaleDB. The company announced a $15 million investment and a new enterprise version of the product. The investment is an extension of the $12.4 million Series A it raised last January with a higher valuation, which it’s referring to as A1. Today’s round is […]
Posted on February 4th, 2019 by admin
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As traditional enterprise companies like IBM, Oracle and SAP try to transform into more modern cloud companies, they are finding that making that transition, while absolutely necessary, could require difficult adjustments along the way. Just this morning, SAP announced that it was restructuring in order to save between €750 million and €800 million (between approximately […]
Posted on February 3rd, 2019 by admin
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Figma, the design and prototyping tool that aims to offer a web-based alternative to similar tools from the likes of Adobe, is launching a few new features today that will make the service easier to use to collaborate across teams in large organizations. Figma Organization, as the company calls this new feature set, is the […]
Posted on February 3rd, 2019 by admin
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Alchemist, which began as an experiment to better promote enterprise entrepreneurs, has morphed into a well-established Silicon Valley accelerator. To prove it, San Francisco-based Alchemist is announcing a fresh $2.5 million investment ahead of its 20th demo day on Wednesday. Juniper Networks, a networking and cybersecurity solutions business, has led the round, with participation from […]
Posted on January 23rd, 2019 by admin
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CM Group, the organization behind email-centric services like Campaign Monitor and Emma, today announced that it has acquired marketing automation firm Sailthru and the email personalization service Liveclicker. The group did not disclose the acquisition price but noted that the acquisition would bring in about $60 million in additional revenue and 540 new customers, including […]
Posted on January 15th, 2019 by admin
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Conventional wisdom would suggest that in 2019, the public cloud dominates and enterprise data centers are becoming an anachronism of a bygone era, but new data from Synergy Research finds that the enterprise data center market had a growth spurt last year. In fact, Synergy reported that overall spending in enterprise infrastructure, which includes elements […]
Posted on January 10th, 2019 by admin
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Baidu made several big announcements about Apollo, its open-source autonomous vehicle technology platform, today at CES. The first is the launch of Apollo Enterprise for vehicles that will be put into mass production. The company claims that Apollo is already used by 130 partners around the world. One of its newest partners, Chinese electric vehicle […]
Posted on January 9th, 2019 by admin
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While Facebook continues to repair its image with consumers disenchanted with the social network’s role in disseminating misleading or false information and mishandling their personal data, it’s ironically been finding some traction for its enterprise-focused service, Workplace. Today, the company announced that it has added another huge company to its books: Nestlé, the coffee, chocolate and […]
Posted on January 4th, 2019 by admin
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M&A activity was brisk in the enterprise market this year, with 10 high-profile deals totaling almost $88 billion. Companies were opening up their wallets and pouring money into mega acquisitions. It’s worth noting that the $88 billion figure doesn’t include Dell paying investors more than $23 billion for VMware tracking stock to take the company […]
Posted on December 20th, 2018 by admin
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When it comes to shift workers communicating with each other in the workplace when they are not face-to-face, gone are the days of cork announcement boards. Now, the messaging app is the medium, and today one of the startups tackling that opportunity in a unique way has raised a round of funding to get to […]
Posted on December 19th, 2018 by admin
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