Friday April 26, 2024

Hootsuite nabs $50M in growth capital for its social media management platform, passes 16M customers

Over the last several years, social media has become a critical and central way for businesses to communicate, and market to, their customers. Now, one of the startups that helped spearhead this trend has raised a round of growth funding to expand its horizons. Hootsuite, the Vacouver-based social media management company that counts some 16 […]

Falcon.io buys Komfo from Sitecore as social media management consolidates

 Falcon.io, a startup out of Denmark that helps businesses manage their presence across social media and messaging platforms, has acquired a competitor in a wider trend of consolidation in the market for such services. It is buying Komfo from customer experience software developer Sitecore, which itself was majority acquired by EQT for $1.1 billion in 2016. […]

Outsourcing management startup 4me announces $1.65 million seed investment led by Storm Ventures

 4me, a startup that helps companies organize and track their IT outsourcing projects, announced a $1.65 million seed investment led by Storm Ventures. The company, which launched in 2010, would seem to be a bit long in tooth to warrant a seed investment round, but co-founder and CEO Cor Winkler Prins explained that the founders […]

Bynder acquires digital asset management service Webdam from Shutterstock for $49.1M

 Bynder, one of the leading companies in the digital asset management space, today announced that it has acquired Shutterstock‘s Webdam. The Amsterdam-based company tells us that it paid $49.1 million for Webdam, which Shutterstock itself acquired back in 2014. Like Bynder, Webdam’s focus is on helping enterprises and agencies manage their digital assets. Currently Webdam… Read […]

Rubrik acquires Datos IO to expand into NoSQL database management support

 Rubrik, the enterprise startup that provides data backup and recovery services across cloud and on-premise environments, is putting some of the funding that it raised last year at a $1.3 billion valuation to use. Rubrik has acquired NoSQL data backup specialist Datos IO, the company announced today, in what appears to be Rubrik’s first acquisition. […]

ADP acquires workforce management software startup WorkMarket

 Payroll provider ADP said it is acquiring WorkMarket, a startup that specializes in workforce management software that operates across a wide range of employees and contractors, for an undisclosed sum. The software aims to create a kind of unified interface for managing an extended workforce that can include a variety of workers with different employment status, […]

Nyansa lands $15 million led by Intel Capital to grow user performance management

 Companies like New Relic and AppDynamics have been offering applications performance management solutions to help operations teams track external performance issues for years. Nyansa (pronounced ‘knee-ans-sah’) is bringing that kind of performance management to internal networks. Today, the company announced a $15 million Series B investment. The round was led by Intel Capital… Read More Tweet […]

Instana raises $20 million for its microservice monitoring and management service

 Instana, a company that helps enterprises monitor and manage their microservice deployments with the help of automation and artificial intelligence, today announced that it has raised a $20 million Series B round led by Accel, with participation from existing investor Target Partners. This brings Instana’s total funding to $26 million to date. Launched in 2015, […]

Box’s dalliance with AI foretells a broader shift in content management

 As Box CEO Aaron Levie pointed out at his BoxWorks keynote this week, content management has been an evolving field since it came into being as an enterprise software concept in the 1990s. Back in those days, the state of the art was network drives. As content spread across the organization, we saw the rise […]

Eden raises $10 million Series A to build out its office management marketplace

 Eden, the office management and tech support platform, has today closed $10 million in Series A funding led by Spectrum 28, with participation from Fifth Wall Ventures, Bessemer Venture Partners, Y Combinator Continuity Fund, Canvas Ventures, Comcast Ventures, Eniac Ventures and other existing investors. Eden started out as a tech support service for both businesses […]