Multi-cloud security startup vArmour raises $41M more, led in part by Telstra

securityicons Cybercrime is a rising problem — expected to cost organizations between $500 billion and $2 trillion by 2019. Now a startup that has built what it markets as an economical tool to fight cybercrime has raised some money to help it grow. vArmour — a startup that offers security solutions specifically aimed at enterprises that run services and apps across multiple clouds —… Read More Continue reading Multi-cloud security startup vArmour raises $41M more, led in part by Telstra

France’s SigFox will expand its dedicated IoT network to 100 U.S. cities

IoTgraph SigFox, the French startup that is building dedicated cellular networks for Internet of Things objects from connected smoke alarms and refrigerators to interactive billboards, traffic systems and factory robots, has announced a big move into the U.S. market. The company said that it would be taking its services into 100 cities, in partnership with unnamed “strategic site… Read More Continue reading France’s SigFox will expand its dedicated IoT network to 100 U.S. cities

IBM raises its blockchain game with secure cloud services and Docker integration

shutterstock ibm Bitcoin may still be the most famous application of blockchain technology, but the distributed, encrypted database architecture is now being applied to a range of other services, from different kinds of (non Bitcoin) financial transactions to anything else that requires secure tracking. And today, IBM laid out its claim for some of that new business: the IT giant announced a new set of… Read More Continue reading IBM raises its blockchain game with secure cloud services and Docker integration

Oracle buys Textura for $663M to build up its construction IT business

lego lunch atop a skyscraper Oracle today announced that it is making an acquisition to (literally and figuratively) build out its Primavera project management and billing business: it is buying Textura, a provider of cloud-based contract and payment management solutions specifically for the construction industry. The all-cash deal, Oracle said, is worth $663 million, net of Textura’s existing cash. Oracle said… Read More Continue reading Oracle buys Textura for $663M to build up its construction IT business

LinkedIn doubles down on Recruiter, its big revenue generator, with a major update

shutterstock_257480485 LinkedIn — the social platform used by 400 million professionals looking to network or find work —  has taken a major tumble in the markets in the last few months over weak financial guidance amid slowing growth. So this week, ahead of its next quarterly earnings on April 28, LinkedIn is shoring up in areas where it’s either already strong or banking on growing… Read More Continue reading LinkedIn doubles down on Recruiter, its big revenue generator, with a major update

IBM inks video deals with AOL, CBC, more; debuts quality live-stream over ‘commodity’ Internet

IBM Comic-Con Wire Photo IBM today unveiled some significant strides forward in its bid to be a major player in the world of online and cloud-based video services, three months after the company acquired live-streaming startup Ustream and formed a cloud video unit. AOL (which owns TechCrunch), the Canadian Broadcasting Company, Comic-Con and Mazda have all signed on for IBM to provide online video… Read More Continue reading IBM inks video deals with AOL, CBC, more; debuts quality live-stream over ‘commodity’ Internet

Mitel buys Polycom for $1.96B in enterprise communications consolidation play

earth, connected, flight patterns As more enterprises move their communications services over to IP networks and cloud-based services, we’re seeing an increasing amount of consolidation as the businesses that serve them continue to grow to provide end-to-end services — and to shore up against smaller, newer and less expensive offerings from the likes of Slack, Skype, Google Hangouts and more. Today comes that… Read More Continue reading Mitel buys Polycom for $1.96B in enterprise communications consolidation play

Intel acquires Italy’s Yogitech to improve functional safety of autonomous cars, IoT systems

Oregon-Chipset-2 The concept of the Internet of Things is getting a big boost from emerging industries like autonomous cars and robotics, and today Intel announced an acquisition that could help it make sure that its own developments and products in this market are fault-free: it is acquiring Yogitech, a small company based out of Italy that works on functional safety for semiconductors. Terms of the deal… Read More Continue reading Intel acquires Italy’s Yogitech to improve functional safety of autonomous cars, IoT systems

Task management app Asana raises $50M at a $600M valuation led by YC’s Sam Altman

Asana-main-product-image Asana, an enterprise app that lets people set and track projects and other goals, has hit a goal of its own: today, the company is announcing that it has raised $50 million. The Series C round — led by Y-Combinator’s Sam Altman — values the company at $600 million, the company tells me. As a bit of context, Asana last raised $28 million in 2012; that Series B was at a… Read More Continue reading Task management app Asana raises $50M at a $600M valuation led by YC’s Sam Altman

BetterWorks raises another $20M to build a ‘business operating system’ for enterprises

competingracers BetterWorks, a platform for employees to set themselves goals, share them with others in their organization and track how well those goals are being met, has raised another $20 million in Series B funding. The company is not disclosing its valuation but we understand from sources close to the deal that it is around $100 million. Led by Emergence Capital — an early backer of… Read More Continue reading BetterWorks raises another $20M to build a ‘business operating system’ for enterprises