Aquarium scores $2.6M seed to refine machine learning model data

Aquarium, a startup from two former Cruise employees, wants to help companies refine their machine learning model data more easily and move the models into production faster. Today the company announced a $2.6 million seed led by Sequoia with participation from Y Combinator and a bunch of angel investors including Cruise co-founders Kyle Vogt and […] Continue reading Aquarium scores $2.6M seed to refine machine learning model data

Hydrolix snares $10M seed to lower the cost of processing log data at scale

Many companies spend a significant amount of money and resources processing data from logs, traces and metrics, forcing them to make trade-offs about how much to collect and store. Hydrolix, an early stage startup, announced a $10 million seed round today to help tackle logging at scale, while using unique technology to lower the cost […] Continue reading Hydrolix snares $10M seed to lower the cost of processing log data at scale

Acumen nabs $7M seed to keep engineering teams on track

Engineering teams face steep challenges when it comes to staying on schedule, and keeping to those schedules can have an impact on the entire organization. Acumen, an Israeli engineering operations startup announced a $7 million seed investment today to help tackle this problem. Hetz, 10D, Crescendo and Jibe participated in the round, designed to give […] Continue reading Acumen nabs $7M seed to keep engineering teams on track

SailPoint is buying Saas management startup Intello

SailPoint, an identity management company that went public in 2017, announced it was going to be acquiring Intello today, an early stage SaaS management startup. The two companies did not share the purchase price. SailPoint believes that by helping its customers locate all of the SaaS tools being used inside a company, it can help […] Continue reading SailPoint is buying Saas management startup Intello

Anthony Lin named permanent managing director and head of Intel Capital

When Wendell Brooks stepped down as managing partner and head of Intel Capital last August, Anthony Lin was named to replace him on an interim basis. At the time, it wasn’t clear if he would be given the role permanently, but today, six months later, the answer is known. In a letter to the firm’s […] Continue reading Anthony Lin named permanent managing director and head of Intel Capital

Logging startups are suddenly hot as CrowdStrike nabs Humio for $400M

A couple of weeks ago SentinelOne announced it was acquiring high-speed logging platform Scalyr for $155 million. Just this morning CrowdStrike struck next, announcing it was buying unlimited logging tool Humio for $400 million. In Humio, CrowdStrike gets a company that will provide it with the ability to collect unlimited logging information. Most companies have […] Continue reading Logging startups are suddenly hot as CrowdStrike nabs Humio for $400M

Torii announces $10M Series A to automate SaaS management

Today, that software is offered as a cloud service should be pretty much considered a given. Certainly any modern tooling is going to be SaaS, and as companies and employees add services, it becomes a management nightmare. Enter Torii, an early stage startup that wants to make it easier to manage SaaS bloat. Today, the […] Continue reading Torii announces $10M Series A to automate SaaS management

Grafana Labs launches observability stack for enterprise customers

Grafana Labs has created an open source observability trifecta that includes Prometheus for monitoring, Loki for logging and Tempo for tracing. Today, the company announced it was releasing enterprise versions of these open source projects in a unified stack designed specifically for the needs of large companies. Company CEO Raj Dutt says that this product […] Continue reading Grafana Labs launches observability stack for enterprise customers

These 3 enterprise deals show there’s plenty of action in smaller acquisitions

Since the start of the year, I’ve covered nine M&A deals already, the largest being Citrix buying Wrike for $2.25 billion. But not every deal involves a huge price tag. Today we are going to look at three smaller deals that show there is plenty of activity at the lower-end of the acquisition spectrum. As […] Continue reading These 3 enterprise deals show there’s plenty of action in smaller acquisitions

Accord launches B2B sales platform with $6M seed

The founders of Accord, an early stage startup focused on bringing order to B2B sales, are not your typical engineer founders. Instead, the two brothers, Ross and Ryan Rich, worked as sales reps seeing the problems unique to this kind of sale first-hand. In November 2019, they decided to leave the comfort of their high-paying […] Continue reading Accord launches B2B sales platform with $6M seed