Clari revenue forecasting platform snags $150M investment and triples valuation to $1.6B

Clari, the revenue operations platform that helps companies predict revenue outcomes, announced $150 million Series E today on a $1.6 billion valuation, a number that more than triples its 2019 Series D valuation of $500 million. Silver Lake led the latest investment with participation from B Capital Group and existing investors Sequoia Capital, Bain Capital […] Continue reading Clari revenue forecasting platform snags $150M investment and triples valuation to $1.6B

Yugabyte announces $48M Series C as cloud native database makes enterprise push

As demand for cloud native applications is growing, Yugabyte, makers of the cloud native, open source YugabyteDB database are seeing a corresponding rise in demand for their products, especially with large enterprise customers. Today, the company announced a $48 million Series C financing round to help build on that momentum. Lightspeed Venture Partners led the […] Continue reading Yugabyte announces $48M Series C as cloud native database makes enterprise push

Xage introduces Zero Trust remote access cloud solution for hard-to-secure environments

When a hacker broke into the computer systems of the Oldsmar Florida water supply last month, it sent up red flags across the operational tech world, whether that’s utilities or oil and gas pipelines. Xage, a security startup that has been building a solution to help protect these hard-to-secure operations, announced a Zero Trust remote […] Continue reading Xage introduces Zero Trust remote access cloud solution for hard-to-secure environments

Microsoft brings tighter integration to Dynamics 365 and Teams

As the pandemic drags on and we learn about the requirements of working from home with distributed teams, users could be craving more integration across their tools to help reduce the clicks required to complete a set of tasks. Today at the Ignite Conference, Microsoft announced tighter integration between its business suite Dynamics 365 and […] Continue reading Microsoft brings tighter integration to Dynamics 365 and Teams

Twilio to become minority owner in Syniverse Technologies with $750M investment

Syniverse Technologies, a company that helps mobile providers move communications across public and private networks, announced an extensive partnership with Twilio this morning. Under the agreement, Twilio is investing up to $750 million to become a minority owner in the company. The idea behind the partnership is to combine Twilio’s API communications expertise with Syniverse’s […] Continue reading Twilio to become minority owner in Syniverse Technologies with $750M investment

Storm Ventures promotes Pascale Diaine and Frederik Groce to partners

Storm Ventures, a venture firm that focuses on early stage B2B enterprise startups, announced this week that it has promoted Pascale Diaine and Frederik Groce to partners at the firm. The two new partners have worked their way up over the last several years. Groce joined Storm in 2016 and has invested in enterprise SaaS […] Continue reading Storm Ventures promotes Pascale Diaine and Frederik Groce to partners

Salesforce delivers, Wall Street doubts as stock falls 6.3% post-earnings

Wall Street investors can be fickle beasts. Take Salesforce as an example. The CRM giant announced a $5.82 billion quarter when it reported earnings yesterday. Revenue was up 20% year over year. The company also reported $21.25 billion in total revenue for the just closed FY2021, up 24% YoY. If that wasn’t enough, it raised […] Continue reading Salesforce delivers, Wall Street doubts as stock falls 6.3% post-earnings

Atlassian is acquiring Chartio to bring data visualization to the platform

The Atlassian platform is chock full of data about how a company operates and communicates. Atlassian launched a machine learning layer, which relies on data on the platform with the addition of Atlassian Smarts last fall. Today the company announced it was acquiring Chartio to add a new data analysis and visualization component to the […] Continue reading Atlassian is acquiring Chartio to bring data visualization to the platform

Why F5 spent $2.2B on 3 companies to focus on cloud native applications

It’s essential for older companies to recognize changes in the marketplace or face the brutal reality of being left in the dust. F5 is an old-school company that launched back in the 90s, yet has been able to transform a number of times in its history to avoid major disruption. Over the last two years, […] Continue reading Why F5 spent $2.2B on 3 companies to focus on cloud native applications

DataJoy raises $6M seed to help SaaS companies track key business metrics

Every business needs to track fundamental financial information, but the data typically lives in a variety of silos making it a constant challenge to understand a company’s overall financial health. DataJoy, an early stage startup, wants to solve that issue. The company announced a $6 million seed round today led by Foundation Capital with help […] Continue reading DataJoy raises $6M seed to help SaaS companies track key business metrics