Author Archives: Ron Miller

ServiceNow takes RPA plunge by acquiring India-based startup Intellibot

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ServiceNow became the latest company to take the robotic process automation (RPA) plunge when it announced it was acquiring Intellibot, an RPA startup based in Hyderabad, India. The companies did not reveal the purchase price. The purchase comes at a time where companies are looking to automate workflows across the organization. RPA provides a way […] Continue reading ServiceNow takes RPA plunge by acquiring India-based startup Intellibot→

Box shares rise on report company is exploring sale

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Shares of Box, a well-known content-and-collaboration company that went public in 2015, rose today after Reuters reported that the company is exploring a sale. TechCrunch previously discussed rising investor pressure for Box to ignite its share price after years in the public-market wilderness. At the close today Box’s equity was worth $23.65 per share, up […] Continue reading Box shares rise on report company is exploring sale→

Google Cloud hires Intel veteran to head its custom chip efforts

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There has been a growing industry trend in recent years for large-scale companies to build their own chips. As part of that, Google announced today that it has hired long-time Intel executive Uri Frank as vice president to run its custom chip division. “The future of cloud infrastructure is bright, and it’s changing fast. As […] Continue reading Google Cloud hires Intel veteran to head its custom chip efforts→

Camunda snares $98M Series B as process automation continues to flourish

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It’s clear that automated workflow tooling has become increasingly important for companies. Perhaps that explains why Camunda, a Berlin startup that makes open source process automation software, announced an €82 million Series B today. That translates into approximately $98 million U.S. Insight Partners led the round with help from A round investor Highland Europe. When […] Continue reading Camunda snares $98M Series B as process automation continues to flourish→

Cloud infrastructure spending passed on prem data centers in 2020

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There is a prevailing notion that while the cloud infrastructure market is growing fast, the vast majority of workloads remain on prem. While that could be true, new research from Synergy Research Group found that cloud infrastructure spending surpassed on prem spending for the first time in 2020 — and did so by a wide […] Continue reading Cloud infrastructure spending passed on prem data centers in 2020→

Seven months after Drone acquisition, Harness announces significant updates

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The running line from any acquired company CEO is that the company can do so much more with resources of the company that acquired it than it could on its own. Just seven months after being acquired, Drone, co-founder Brad Rydzewski says that his company really has benefited greatly from being part of Harness, and […] Continue reading Seven months after Drone acquisition, Harness announces significant updates→

SecurityScorecard snags $180M Series E to measure a company’s security risk

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SecurityScorecard has been helping companies understand the security risk of its vendors since 2014 by providing each one with a letter grade based on a number of dimensions. Today, the company announced a $180 million Series E. The round includes new investors Silver Lake Waterman, T. Rowe Price, Kayne Anderson Rudnick, and Fitch Venture along […] Continue reading SecurityScorecard snags $180M Series E to measure a company’s security risk→

Docker nabs $23M Series B as as new developer focus takes shape

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It was easy to wonder what would become of Docker after it sold its enterprise business in 2019, but it regrouped last year as a cloud native container company focused on developers, and the new approach appears to be bearing fruit. Today, the company announced a $23 million Series B investment. Tribe Capital led the […] Continue reading Docker nabs $23M Series B as as new developer focus takes shape→

Customer experience startup Sprinklr files confidential S-1 with SEC

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Sprinklr, a New York-based customer experience company, announced today it has filed a confidential S-1 ahead of a possible IPO. “Sprinklr today announced that it has confidentially submitted a draft registration statement on Form S-1 with the Securities and Exchange Commission (the “SEC”) relating to the proposed initial public offering of its common stock,” the […] Continue reading Customer experience startup Sprinklr files confidential S-1 with SEC→

Indy-based High Alpha Capital launches new $110M fund

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We know that a lot of elements go into the formation of a startup ecosystem. When your city is outside of the major coastal tech centers, it takes a deliberate effort to get such a system off the ground. For Indianapolis, Indiana, it started with the creation of ExactTarget in 2000. When that company was […] Continue reading Indy-based High Alpha Capital launches new $110M fund→