Author Archives: Ingrid Lunden

Comscore raises $20M with an option to bump it to $50M, in a bid to rebuild its digital measurement business

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Comscore’s name is usually in the news because of its widely-cited research and stats around media traffic and other analysis charting digital consumer behavior. More recently, it’s been coming up for another reason: ongoing corporate upheaval and its tumbling stock price. Today comes the latest development in that story: the company announced that it has […] Continue reading Comscore raises $20M with an option to bump it to $50M, in a bid to rebuild its digital measurement business→

Slack opens at $38.50, a pop of 48% on its first day of trading on NYSE as WORK

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Slack, the workplace messaging platform that has helped define a key category of enterprise IT, made its debut as a public company today with a pop. Trading as “WORK” on the New York Stock Exchange, it opened at $38.50 after setting a reference price last night of $26, valuing it at $15.7 billion, and then […] Continue reading Slack opens at $38.50, a pop of 48% on its first day of trading on NYSE as WORK→

SaaS data protection provider Druva nabs $130M, now at a $1B+ valuation, acquiring CloudLanes

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As businesses continue to move more of their computing and data to the cloud, one of the startups that has made a name for itself as a provider of cloud-based solutions to protect and manage those IT assets has raised a big round of funding to build its business. Druva, which provides software-as-a-service-based data protection, […] Continue reading SaaS data protection provider Druva nabs $130M, now at a $1B+ valuation, acquiring CloudLanes→

Blue Prism acquires UK’s Thoughtonomy for up to $100M to expand its RPA platform with more AI

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Robotic process automation — which lets organizations shift repetitive back office tasks to machines to complete — has been a hot area of growth in the world of enterprise IT, and now one of the companies that’s making waves in the area has acquired a smaller startup to continue extending its capabilities. Blue Prism, which […] Continue reading Blue Prism acquires UK’s Thoughtonomy for up to $100M to expand its RPA platform with more AI→

Salesforce is officially making Seattle its second headquarters with its Tableau acquisition

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Here’s an interesting by-product the news today that Salesforce would be acquiring Tableau for $15.7 billion: the company is going to make Seattle, Washington (home of Tableau) the official second headquarters of San Francisco-based Salesforce, putting the company directly in the face of tech giants and Salesforce frenemies Microsoft and Amazon. “An HQ2, if you […] Continue reading Salesforce is officially making Seattle its second headquarters with its Tableau acquisition→

Salesforce is buying data visualization company Tableau for $15.7B in all-stock deal

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On the heels of Google buying analytics startup Looker last week for $2.6 billion, Salesforce today announced a huge piece of news in a bid to step up its own work in data visualization and (more generally) tools to help enterprises make sense of the sea of data that they use and amass: Salesforce is […] Continue reading Salesforce is buying data visualization company Tableau for $15.7B in all-stock deal→

LinkedIn to shutter Chitu, its Chinese-language app, in July, redirects users to LinkedIn in Chinese

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LinkedIn has long eyed China as an important country to offset slowing growth in more mature markets. But now it’s calling time on a localized effort after failing to see it pick up steam. The company has announced that it will be shutting down Chitu — a Chinese-only app it had built targeting younger people […] Continue reading LinkedIn to shutter Chitu, its Chinese-language app, in July, redirects users to LinkedIn in Chinese→

Zendesk acquires Smooch, doubles down on support via messaging apps like WhatsApp

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One of the bigger developments in customer services has been the impact of social media — both as a place to vent frustration or praise (mostly frustration), and — especially over messaging apps — as a place for businesses to connect with their users. Now, customer support specialist Zendesk has made an acquisition so that […] Continue reading Zendesk acquires Smooch, doubles down on support via messaging apps like WhatsApp→

Wagestream closes $51M Series A to plug the payday gap without putting workers in debt

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Getting your work wages on a monthly (not weekly nor biweekly) basis has become a more widespread trend as the price of running payrolls has gone up, and organizations’ cashflow has gone down. That 30-day shift may be a boost to employers, but not employees, who may need access to those wages more immediately and […] Continue reading Wagestream closes $51M Series A to plug the payday gap without putting workers in debt→

Tealium, a big data platform for structuring disparate customer information, raises $55M led by Silver Lake

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The average enterprise today uses about 90 different software packages, with between 30-40 of them touching customers directly or indirectly. The data that comes out of those systems can prove to be very useful — to help other systems and employees work more intelligently, to help companies make better business decisions — but only if […] Continue reading Tealium, a big data platform for structuring disparate customer information, raises $55M led by Silver Lake→