Collaborate Disseminate
As we’ve made our way through this pandemic, it has forced businesses to rethink and accelerate trends. One such trend is the movement to no-code tools to allow line-of-business users to create apps and workflows without engineering help. To help answer that demand, ServiceNow released a couple of new tools today as part of their […] Continue reading ServiceNow adds new no-code capabilities
Last month Jeff Bezos announced he would step down as CEO of Amazon later this year, moving into the executive chairman role, while passing the baton to AWS CEO Andy Jassy. Could Marc Benioff, co-founder, chairman and CEO at Salesforce be the next big-name executive to make a similar move? A Reuter’s story published on […] Continue reading Could Marc Benioff be the next CEO to move to executive chairman?
DataGrail, a startup that helps customers understand where their data lives in order to help comply with a growing body of privacy regulations, announced a $30 million Series B today. Felicis Ventures led the round with help from Basis Set Ventures, Operator Collective and previous investors. One of the interesting aspects of this round was […] Continue reading DataGrail snares $30M Series B to help deal with privacy regulations
Dropbox announced today that it plans to acquire DocSend for $165 million The company helps customers share and track documents by sending a secure link instead of an attachment. “We’re announcing that we’re acquiring DocSend to help us deliver an even broader set of tools for remote work, and DocSend helps customers securely manage and […] Continue reading Dropbox to acquire secure document sharing startup DocSend for $165M
Each of the big three cloud vendors — Amazon, Microsoft and Google — has a marketplace where software vendors can sell their wares. It seems like an easy enough proposition to throw your software up there and be done with it, but it turns out that it’s not quite that simple, requiring a complex set […] Continue reading Tackle nabs $35M Series B to help companies navigate cloud marketplaces
Security firm McAfee announced this morning that will be selling its enterprise business to a consortium led by the private equity firm Symphony Technology Group for $4 billion. It should pair well with RSA, another enterprise-focused security company the private equity firm purchased last February for $2 billion. McAfee President and Chief Executive Officer, Peter […] Continue reading McAfee sells enterprise biz to Symphony Technology Group for $4B
Snowflake reported earnings this week, and the results look strong with revenue more than doubling year-over-year. However, while the company’s fourth quarter revenue rose 117% to $190.5 million, it apparently wasn’t good enough for investors, who have sent the company’s stock tumbling since it reported Wednesday after the bell. It was similar to the reaction […] Continue reading Snowflake latest enterprise company to feel Wall Street’s wrath after good quarter
When Okta announced that it was acquiring Auth0 yesterday for $6.5 billion, the deal raised eyebrows. After all, it’s a substantial amount of money for one identity and access management (IAM) company to pay to buy another, similar entity. But the deal ultimately brings together two companies that come at identity from different sides of the […] Continue reading Making sense of the $6.5B Okta-Auth0 deal
Activist investors will only sit still for so long, and when they take action, it usually involves one of two approaches: Replace the leadership team or induce a sale. Continue reading As activist investors loom, what’s next for Box?
As Okta announced earnings today after the bell, it revealed that it’s buying cloud identity startup Auth0 for a hefty $6.5 billion. The company had a valuation of $1.92 billion when it raised $120 million led by Salesforce Ventures last July. With Auth0, Okta gets a cloud identity company that helps developers embed identity management […] Continue reading Okta acquires cloud identity startup Auth0 for $6.5B