Sunday April 28, 2024

Pulumi raises $15M for its infrastructure as code platform

Pulumi, a Seattle-based startup that lets developers specify and manage their cloud infrastructure using the programming language they already know, today announced that it has raised a $15 million Series A funding round led by Madrona Venture Group. Tola Capital also participated in this round and Tola managing director Sheila Gulati will get a seat […]

Twilio acquires email API platform SendGrid for $2 billion in stock

Twilio, the ubiquitous communications platform, today announced its plan to acquire the API-centric email platform SendGrid for about $2 billion in an all-stock transaction. That’s Twilio’s largest acquisition to date, but also one that makes a lot of sense given that both companies aim to make building communications platforms easier for developers. “The two companies […]

Nvidia launches the Tesla T4, its fastest data center inferencing platform yet

Nvidia today announced its new GPU for machine learning and inferencing in the data center. The new Tesla T4 GPUs (where the ‘T’ stands for Nvidia’s new Turing architecture) are the successors to the current batch of P4 GPUs that virtually every major cloud computing provider now offers. Google, Nvidia said, will be among the […]

McCarthyFinch AI services platform automates tedious legal tasks

McCarthyFinch sounds a bit like a law firm — and with good reason. The startup has developed an AI as a Service platform aimed at the legal profession. This week, it’s competing in the 2018 TechCrunch Disrupt Battlefield in San Francisco. The company began life as a project at a leading New Zealand law firm, […]

Evolute debuts enterprise container migration and management platform

Evolute, a 3-year old startup out of Mountain View, officially launched the Evolute platform today with the goal of helping large organizations migrate applications to containers and manage those containers at scale. Evolute founder and CEO Kristopher Francisco says he wants to give all Fortune 500 companies access to the same technology that big companies […]

Arm acquires data management service Treasure Data to bolster its IoT platform

Arm, the semiconductor firm you probably still remember as ARM, today announced that it has acquired Treasure Data, a data management platform for large enterprise customers. The companies didn’t announce the financial details of the transaction, but earlier reporting by Bloomberg pegged the price at $600 million. This move strengthens Arm’s IoT nascent play, given that […]

Google’s Cloud Functions serverless platform is now generally available

Cloud Functions, Google’s serverless platform that competes directly with tools like AWS Lambda and Azure Functions from Microsoft, is now generally available, the company announced at its Cloud Next conference in San Francisco today. Google first announced Cloud Functions back in 2016, so this has been a long beta. Overall, it also always seemed as […]

SoftBank Vision Fund leads $250M Series D for Cohesity’s hyperconverged data platform

San Jose-based Cohesity has closed an oversubscribed $250M Series D funding round led by SoftBank’s Vision Fund, bringing its total raised to date to $410M. The enterprise software company offers a hyperconverged data platform for storing and managing all the secondary data created outside of production apps. In a press release today it notes this […]

Hotel management platform Mews closes €6m Series A

Before we automate hotels with AI and robots (which will almost certainly happen) the first wave of this revolution will be brought by the software that runs hotels with humans. Thus it is that Mews, the hotel property management platform, has closed a €6m Series A funding round. The round was led by Notion.vc Capital, […]

Vulcan Cyber raises $4M for its vulnerability remediation platform

Vulcan Cyber, a Tel Aviv-based security startup that helps enterprises quickly detect and fix vulnerabilities in their software stack and code, is coming out of stealth today and announcing a $4 million seed round led by YL Ventures with participation from a number of other cybersecurity investors. The general idea behind Vulcan Cyber is that […]