Author Archives: Ron Miller

Box wins proxy board battle with activist investor Starboard Value

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A battle between Box and its majority shareholder Starboard Value over control of the board ended today when the company’s slate of directors easily defeated Starboard’s. It culminated months of maneuvering on both sides as they battled for control of the company. Box, in a somewhat generic statement, expressed gratitude for the results: Box appreciates […] Continue reading Box wins proxy board battle with activist investor Starboard Value→

TrueFort snares $30M Series B to expand zero trust application security solution

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As companies try to navigate an ever-changing security landscape, it can be challenging to protect everything. Security startup TrueFort has built a zero trust solution focusing on protecting enterprise applications. Today, the company announced a $30 million Series B. Shasta Ventures led today’s round with participation from new firms Canaan and Ericsson Ventures along with […] Continue reading TrueFort snares $30M Series B to expand zero trust application security solution→

New IBM Power E1080 server promises dramatic increases in energy efficiency, power

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We know that large data centers running powerful servers use vast amounts of electricity. Anything that can reduce consumption would be a welcome change, especially in a time of climate upheaval. That’s where the new IBM Power E1080 server, which is powered by the latest Power10 processors, comes into play. IBM claims it can consolidate […] Continue reading New IBM Power E1080 server promises dramatic increases in energy efficiency, power→

Quantum Machines plans to expand quantum orchestration platform with $50M investment

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Quantum Machines, an Israeli startup that is building the classical hardware and software infrastructure to help run quantum machines, announced a $50 million Series B investment today. Today’s round was led by Red Dot Capital Partners with help from Exor, Claridge Israel, Samsung NEXT, Valor Equity Partners, Atreides Management, LP, as well as TLV Partners, […] Continue reading Quantum Machines plans to expand quantum orchestration platform with $50M investment→

The time Animoto almost brought AWS to its knees

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Today, Amazon Web Services is a mainstay in the cloud infrastructure services market, a $60 billion juggernaut of a business. But in 2008, it was still new, working to keep its head above water and handle growing demand for its cloud servers. In fact, 15 years ago last week, the company launched Amazon EC2 in […] Continue reading The time Animoto almost brought AWS to its knees→

Explosion snags $6M on $120M valuation to expand machine learning platform

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Explosion, a company that has combined an open source machine learning library with a set of commercial developer tools, announced a $6 million Series A today on a $120 million valuation. The round was led by SignalFire, and the company reported that today’s investment represents 5% of its value. Oana Olteanu from SignalFire will be […] Continue reading Explosion snags $6M on $120M valuation to expand machine learning platform→

Zoom announces first startups receiving funding from $100M investment fund

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For more than year now, Zoom has been on a mission to transform from an application into a platform. To that end it made three announcements last year: Zoom Apps development tools, the Zoom Apps marketplace and a $100 million development fund to invest in some of the more promising startups building tools on top […] Continue reading Zoom announces first startups receiving funding from $100M investment fund→

How Amazon EC2 grew from a notion into a foundational element of cloud computing

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Fifteen years ago this week on August 25, 2006, AWS turned on the very first beta instance of EC2, its cloud-based virtual computers. Today cloud computing, and more specifically infrastructure as a service, is a staple of how businesses use computing, but at that moment it wasn’t a well known or widely understood concept. The […] Continue reading How Amazon EC2 grew from a notion into a foundational element of cloud computing→

How Cisco keeps its startup acquisition engine humming

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Cisco has a rich history of buying its way to global success. And it’s remained quite active, acquiring more than 30 startups over the last four years for a total of 229 over the life of the company. Continue reading How Cisco keeps its startup acquisition engine humming→

UIPath CEO Daniel Dines is coming to TC Sessions: SaaS to talk RPA and automation

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UIPath came seemingly out of nowhere in the last several years, going public last year in a successful IPO during which it raised over $527 million. It raised $2 billion in private money prior to that with its final private valuation coming in at an amazing $35 billion. UIPath CEO Daniel Dines will be joining […] Continue reading UIPath CEO Daniel Dines is coming to TC Sessions: SaaS to talk RPA and automation→