Author Archives: Ingrid Lunden

Dynamic Yield, which builds Amazon-like personalisation for the rest of us, raises $38M

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Amazon, one of the world’s largest companies, has transformed the face of commerce in part because it has managed to at once to be “The Everything Store” but still with a route into its sea of products that, for most users, surfaces what they might most want to see (and importantly buy or consume). That […] Continue reading Dynamic Yield, which builds Amazon-like personalisation for the rest of us, raises $38M→

Asana launches $19.99 Business tier to help managers handle multiple projects

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Asana, the platform where people can create and track the progress of work projects, made its name originally as a place where individuals and smaller teams can create and track the progress of a specific project. Now, as the startup courts bigger organizations among its 50,000 paying organizations and millions of (paying and free) users […] Continue reading Asana launches $19.99 Business tier to help managers handle multiple projects→

DeepMap, a maker of HD maps for self-driving, raised at least $60M at a $450M valuation

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As car and tech companies continue to make inroads on vehicles and services to build autonomous driving systems, a startup that is creating high-definition maps to help these vehicles move around has quietly picked up a significant round of funding. DeepMap — a Palo Alto startup co-founded by James Wu and Mark Wheeler, who previously […] Continue reading DeepMap, a maker of HD maps for self-driving, raised at least $60M at a $450M valuation→

Atlassian sells Jitsi, an open-source videoconferencing tool it acquired in 2015, to 8×8

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After announcing earlier this year that it planned to shut down HipChat and Stride and sell the IP of both to Slack, today enterprise software company Atlassian made another move related to its retreat from enterprise chat. It is selling Jitsi, a popular open-source chat and videoconferencing tool, to 8X8, a provider of cloud-based business […] Continue reading Atlassian sells Jitsi, an open-source videoconferencing tool it acquired in 2015, to 8×8→

IBM to buy Red Hat for $34B in cash and debt, taking a bigger leap into hybrid cloud

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After rumours flew around this weekend, IBM today confirmed that it would acquire open source, cloud software business Red Hat for $190 per share in cash, working out to a total value of $34 billion. IBM said the deal has already been approved by the boards of directors of both IBM and Red Hat but is […] Continue reading IBM to buy Red Hat for $34B in cash and debt, taking a bigger leap into hybrid cloud→

Microsoft closes its $7.5B purchase of code-sharing platform GitHub

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After getting EU approval a week ago, today Microsoft’s acquisition of GitHub, the Git-based code sharing and collaboration service with 31 million developers, has officially closed. The Redmond, WA-based software behemoth first said it would acquire GitHub for $7.5 billion in stock in June of this year, and after the acquisition closed it would continue to […] Continue reading Microsoft closes its $7.5B purchase of code-sharing platform GitHub→

Customer service ‘behavioral pairing’ startup Afiniti quietly raised $130M at a $1.6B valuation

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Artificial intelligence touches just about every aspect of the tech world these days, aiming to provide new ways of making old processes work better. Now, a startup that has built an AI platform that tackles the ever-present, but never-perfect, business of customer service has quietly raised a large round of funding as it gears up […] Continue reading Customer service ‘behavioral pairing’ startup Afiniti quietly raised $130M at a $1.6B valuation→

Oracle acquires DataFox, a developer of ‘predictive intelligence as a service’ across millions of company records

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Oracle today announced that it has made another acquisition, this time to enhance both the kind of data that it can provide to its business customers, and its artificial intelligence capabilities: it is buying DataFox, a startup that has amassed a huge company database — currently covering 2.8 million public and private businesses, adding 1.2 […] Continue reading Oracle acquires DataFox, a developer of ‘predictive intelligence as a service’ across millions of company records→

Truphone, an eSIM mobile carrier that works with Apple, raises another $71M, now valued at $507M

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Truphone — a UK startup that provides global mobile voice and data services by way of an eSIM model for phones, tablets and IoT devices — said that it has raised another £18 million ($23.7 million) in funding; additionally securing £36 million ($47 million) more “on a conditional basis” to expand its business after signing […] Continue reading Truphone, an eSIM mobile carrier that works with Apple, raises another $71M, now valued at $507M→

New Relic acquires Belgium’s CoScale to expand its monitoring of Kubernetes containers and microservices

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New Relic, a provider of analytics and monitoring around a company’s internal and external facing apps and services to help optimise their performance, is making an acquisition today as it continues to expand a newer area of its business, containers and microservices. The company has announced that it has purchased CoScale, a provider of monitoring […] Continue reading New Relic acquires Belgium’s CoScale to expand its monitoring of Kubernetes containers and microservices→