Author Archives: Ingrid Lunden

vArmour, a security startup focused on multi-cloud deployments, raises $44M

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As more organizations move to cloud-based IT architectures, a startup that’s helping them secure that data in an efficient way has raised some capital. vArmour, which provides a platform to help manage security policies across disparate public and private cloud environments in one place, is announcing today that it has raised a growth round of […] Continue reading vArmour, a security startup focused on multi-cloud deployments, raises $44M→

Retail technology platform Relex raises $200M from TCV

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Amazon’s formidable presence in the world of retail stems partly from the fact that it’s just not a commerce giant, it’s also a tech company — building solutions and platforms in house that make its processes, from figuring out what to sell, to how much to have on hand and how best to distribute it […] Continue reading Retail technology platform Relex raises $200M from TCV→

IBM and Vodafone form cloud, 5G and AI business venture and ink $550M service deal

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IBM is one of the world’s biggest system integrators, but to get closer to where enterprises are actually doing their work, it’s been inking partnerships with companies that build devices and run the networks enterprises are using for their IT, and today comes the latest development on that front. IBM is announcing a new venture […] Continue reading IBM and Vodafone form cloud, 5G and AI business venture and ink $550M service deal→

Data management startup Rubrik gets $261M at a $3.1B valuation as it moves into security and compliance

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There is a growing demand for stronger security at every point in the IT ecosystem, and today, one of the the more successful enterprise startups to emerge in the last several years is announcing a big round of funding to provide that. Rubrik, which provides enterprise data management and backup services across on-premise, cloud and […] Continue reading Data management startup Rubrik gets $261M at a $3.1B valuation as it moves into security and compliance→

Amid a legal fight in LA, IBM’s Weather Company launches hyperlocal weather forecasts globally

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While IBM is getting sued by the city of Los Angeles, accusing it of covertly mining user data in the Weather Channel app in the US, it’s testing the waters for another hyperlocal weather feature that — coincidentally — relies on data that it picks up from sensors on app users’ smartphones, among other devices, […] Continue reading Amid a legal fight in LA, IBM’s Weather Company launches hyperlocal weather forecasts globally→

Workplace, Facebook’s enterprise platform, adds another major customer, Nestle

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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 today: Nestle, the coffee, chocolate […] Continue reading Workplace, Facebook’s enterprise platform, adds another major customer, Nestle→

PR management firm Cision is acquiring Falcon.io to expand into social media marketing

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Social media has become a primary conduit for getting the word out, in some cases proving to be an even stronger force for publicity than more traditional media outlets and paid advertising, and so today, a company that has grown its business around public relations services has acquired a social media management company to make […] Continue reading PR management firm Cision is acquiring Falcon.io to expand into social media marketing→

Cinven acquires One.com, one of Europe’s biggest hosting providers with 1.5M customers

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One of the biggest providers of domain names and web hosting in Europe is changing hands today. One.com, which has around 1.5 million customers mainly across the north of the region, has been sold by private equity firm Accel-KKR to Cinven, another PE player that focuses on investments in Europe. Terms of the deal are […] Continue reading Cinven acquires One.com, one of Europe’s biggest hosting providers with 1.5M customers→

Crew, a Workplace and Slack messaging rival for shift workers, raises $35M, adds enterprise version

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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 […] Continue reading Crew, a Workplace and Slack messaging rival for shift workers, raises $35M, adds enterprise version→

Sprout Social raises another $40.5M to double down on social tools for businesses

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Sprout Social, a social media monitoring, marketing and analytics service with 25,000 business customers that helps these organizations manage their public profiles and interact with customers across Twitter, Facebook, Instagram, LinkedIn, Pinterest and Google+ (soon to RIP), has raised $40.5 million in funding in order expand its business internationally and add more functionality to its […] Continue reading Sprout Social raises another $40.5M to double down on social tools for businesses→