Author Archives: Ron Miller

Bloomreach raises $150M on $900M valuation and acquires Exponea

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Bloomreach, an API company that helps eCommerce customers with search and web site creation, announced a $150 million investment today from Sixth Street Growth. Today’s funding values the company at $900 million. At the same time, the company announced it has acquired Exponea, a startup that gives Bloomreach a marketing automation component it had been […] Continue reading Bloomreach raises $150M on $900M valuation and acquires Exponea→

Drupal’s journey from dorm-room project to billion-dollar exit

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Moving from dorm room to billion-dollar exit is the dream of every startup founder. Dries Buytaert got there by being bold, working hard and thinking big. Continue reading Drupal’s journey from dorm-room project to billion-dollar exit→

IBM transformation struggles continue with cloud and AI revenue down 4.5%

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A couple of months ago at CNBC’s Transform conference, IBM CEO Arvind Krishna painted a picture of a company in the midst of a transformation. He said that he wanted to take advantage of IBM’s $34 billion 2018 Red Hat acquisition to help customers manage a growing hybrid cloud world, while using artificial intelligence to […] Continue reading IBM transformation struggles continue with cloud and AI revenue down 4.5%→

Citrix is acquiring Wrike from Vista for $2.25B

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Citrix announced today that it plans to acquire Wrike, a SaaS project management platform, from Vista Equity Partners for $2.25 billion. Vista bought the company just two years ago. Citrix, which is best known for its digital workspaces, sees this as a good match, especially at a time where employees have been forced to work […] Continue reading Citrix is acquiring Wrike from Vista for $2.25B→

StackPulse announces $28M investment to help developers manage outages

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When a system outage happens, chaos can ensue as the team tries to figure out what’s happening and how to fix it. StackPulse, a new startup that wants to help developers manage these crisis situations more efficiently, emerged from stealth today with a $28 million investment. The round actually breaks down to a previously unannounced […] Continue reading StackPulse announces $28M investment to help developers manage outages→

GitLab raises $195M in secondary funding on $6B valuation

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GitLab has confirmed with TechCrunch that it raised a $195 million secondary round on a $6 billion valuation. CNBC broke the story earlier today. The company’s impressive valuation comes after its most recent 2019 Series E in which it raised $268 million on a 2.75 billion valuation, an increase of $3.25 billion in under 18 […] Continue reading GitLab raises $195M in secondary funding on $6B valuation→

Twilio CEO Jeff Lawson says wisdom lies with your developers

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Twilio CEO Jeff Lawson knows a thing or two about unleashing developers. His company has garnered a market cap of almost $60 billion by creating a set of tools to make it easy for programmers to insert a whole host of communications functionality into an application with a couple of lines of code. Given that […] Continue reading Twilio CEO Jeff Lawson says wisdom lies with your developers→

Harness snags $85M Series C on $1.7B valuation as revenue grows 3x

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Harness, the startup that wants to create a suite of engineering tools to give every company the kind of technological reach that the biggest companies have, announced an $85 million Series C today on a $1.7 billion valuation. Today’s round comes after 2019’s $60 million Series B, which had a $500 million valuation, showing a […] Continue reading Harness snags $85M Series C on $1.7B valuation as revenue grows 3x→

Pat Gelsinger stepping down as VMware CEO to replace Bob Swan at Intel

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In a move that could have wide ramifications across the tech landscape, Intel announced that VMware CEO Pat Gelsinger would be replacing interim CEO Bob Swann at Intel on February 15th. The question is why would he leave his job to run a struggling chip giant. The bottom line is he has a long history […] Continue reading Pat Gelsinger stepping down as VMware CEO to replace Bob Swan at Intel→

Slim.ai announces $6.6M seed to build container DevOps platform

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We are more than seven years into the notion of modern containerization, and it still requires a complex set of tools and a high level of knowledge on how containers work. The DockerSlim open source project developed several years ago from a desire to remove some of that complexity for developers. Slim.ai, a new startup […] Continue reading Slim.ai announces $6.6M seed to build container DevOps platform→