Workday, the cloud-based platform that offers HR and other back-office apps for businesses, is making an acquisition to expand its portfolio of services: It’s buying Adaptive Insights, a provider of cloud-based business planning and financial modelling tools, for $1.55 billion. The acquisition is notable because Adaptive Insights had filed for an IPO as recently as […]
Posted on June 12th, 2018 by admin
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European startup studio eFounders is slowly but surely building a portfolio of successful software-as-a-service startups. The company is behind some of the most promising enterprise startups in recent years. Over the past six months, six eFounders startups have raised $120 million in total, with Front and Aircall leading the pack with a $66 million and […]
Posted on May 30th, 2018 by admin
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Kubernetes, the open source container orchestration tool, came out of Google several years ago and has gained traction amazingly fast. With each step in its growth, it has created opportunities for companies to develop businesses on top of the open source project. The beauty of open source is that when it works, you build a […]
Posted on May 14th, 2018 by admin
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Google announced today it was going to acquire Israeli cloud migration startup, Velostrata. The companies did not share the purchase price. Velostrata helps companies migrate from on-premises datacenters to the cloud, a common requirement today as companies try to shift more workloads to the cloud. It’s not always a simple matter though to transfer those […]
Posted on May 9th, 2018 by admin
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Cisco just announced an agreement to acquire Accompany, which uses artificial intelligence to build databases of people and relationships at companies. Founder and CEO Amy Chang has compared the product to a digital chief of staff or personal assistant, giving executives the context they need before conversations and meetings. Cisco plans to incorporate Accompany technology […]
Posted on May 2nd, 2018 by admin
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While most people probably would not think of New York as a hotbed for enterprise startups of any kind, it is actually quite active. When you stop to consider that the world’s biggest banks and financial services companies are located there, it would certainly make sense for security startups to concentrate on such a huge […]
Posted on April 22nd, 2018 by admin
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The first post-billion, big tech IPO of the year has opened with a bang. Zscaler, a security startup that confidentially filed for an IPO last year, closed out its first day of trading at $33/share, up 106% from its opening price of $16. The enterprise cloud services company started trading this morning as ZS on […]
Posted on March 19th, 2018 by admin
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Another massive financing round for an AI chip company is coming in today, this time for SambaNova Systems — a startup founded by a pair of Stanford professors and a longtime chip company executive — to build out the next generation of hardware to supercharge AI-centric operations. SambaNova joins an already quite large class of […]
Posted on March 15th, 2018 by admin
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If you’ve tried to deal with a bot before you can speak to a human customer service rep, you know how frustrating that process can sometimes be. Sure, there are basic tasks that can free up a human rep to handle the more difficult matters, but it can be exasperating when there is no easy […]
Posted on February 23rd, 2018 by admin
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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 […]
Posted on February 21st, 2018 by admin
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