Author Archives: Ingrid Lunden

RPA startup Automation Anywhere nabs $300M from SoftBank at a $2.6B valuation

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The market for RPA — Robotic Process Automation — is getting a hat trick of news this week: Automation Anywhere has today announced that it has raised $300 million from the SoftBank Vision Fund. This funding, which values Automation Anywhere at $2.6 billion post-money, is an extension to the Series A the company announced earlier […] Continue reading RPA startup Automation Anywhere nabs $300M from SoftBank at a $2.6B valuation→

Airtable, maker of a coding platform for non-techies, raises $100M at a $1.1B valuation

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If data is the new oil, you might think of apps are the cars that need it to move. Now, a startup that has built a platform to let everyone — not just those with technical expertise — make and drive their own “cars” has raised a significant round of funding to grow its business. […] Continue reading Airtable, maker of a coding platform for non-techies, raises $100M at a $1.1B valuation→

ServiceTitan raises $165M for its home services software, now valued at $1.65B

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ServiceTitan, a startup out of Glendale, Calif. that has built a software platform for home services businesses — in areas like air conditioning, plumbing and electrical repairs — to manage their work, has raised $165 million in what it claims is the “largest software raise in Southern California history.” (That distinction might be specifically for […] Continue reading ServiceTitan raises $165M for its home services software, now valued at $1.65B→

‘Software robot’ startup UiPath expands Series C to $265M at a $3B valuation

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UiPath, a startup that works in the growing area of RPA, or robotic process automation — where AI-based software is used to help businesses run repetitive or mundane back-office tasks, to free up humans to tackle more sophisticated work — has raised money for the third time this year. The company is today announcing that […] Continue reading ‘Software robot’ startup UiPath expands Series C to $265M at a $3B valuation→

SAM nabs $12M for cybersecurity aimed at home routers and devices connected to them

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A wave of security startups have built solutions for enterprises that are meeting the challenges of “consumerization”, where IT organizations are tasked with securing a range of devices and apps — some brought in by employees, not issued by IT — that are on the organization’s networks. Today, a startup based out of Israel that […] Continue reading SAM nabs $12M for cybersecurity aimed at home routers and devices connected to them→

Sojern raises another $120M led by TCV to expand its travel marketing platform

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Travel continues to be one of the biggest verticals online, projected to be worth over $1 trillion by 2022, and today a startup that helps travel-related businesses connect the dots between their products and would-be customers is raising a large round of funding to capitalise on that. Sojern, a company that works with businesses in […] Continue reading Sojern raises another $120M led by TCV to expand its travel marketing platform→

Kofax to buy Nuance’s imaging division for $400M in cash

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Some consolidation and subsequent divestment are in play in the worlds of imaging and voice recognition. Today, Kofax and Nuance announced that Kofax would be acquiring Nuance’s imaging division, for $400 million in cash. The deal, which had been rumoured in recent days, is expected to close in Q1 2019. The acquisition is a notable move […] Continue reading Kofax to buy Nuance’s imaging division for $400M in cash→

LinkedIn Learning now includes 3rd party content and Q&A interactive features

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LinkedIn, the Microsoft-owned social network for the working world with some 580 million users, took a big step into professional development and education when it acquired Lynda.com for $1.5 billion and used it as the anchor for LinkedIn Learning. Now, with 13,000 courses on the platform, LinkedIn is announcing two new developments to get more […] Continue reading LinkedIn Learning now includes 3rd party content and Q&A interactive features→

RapidSOS, an emergency response data provider, raises $30M as it grows from 10K users to 250M

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Every day, there are around 650,000 emergency service callouts via 911 for medical, police and fire assistance in the US; and by their nature these are some of the most urgent communications that we will ever make. But ironically in the age of smartphones, connected things and the internet, these 911 calls are also some […] Continue reading RapidSOS, an emergency response data provider, raises $30M as it grows from 10K users to 250M→

VMware acquires Heptio, the startup founded by 2 co-founders of Kubernetes

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During its big customer event in Europe, VMware announced another acquisition to step up its game in helping enterprises build and run containerised, Kubernetes-based architectures: it has acquired Heptio, a startup out of Seattle that was co-founded by Joe Beda and Craig McLuckie, who were two of the three people who co-created Kubernetes back at Google […] Continue reading VMware acquires Heptio, the startup founded by 2 co-founders of Kubernetes→