Collaborate Disseminate
IBM has been busy since it announced plans to spin out its legacy infrastructure management business in October, placing an all-in bet on the hybrid cloud. Today, it built on that bet by acquiring Helsinki-based multi-cloud consulting firm Nordcloud. The companies did not share the purchase price. Nordcloud fits neatly into this strategy with 500 […] Continue reading IBM snags Nordcloud to add multi-cloud consulting expertise
The busy year in M&A continued this weekend when private equity firm Thoma Bravo announced it was acquiring RealPage for $10.2B. In RealPage, Thoma Bravo is getting a full-service property management platform with services like renter portals, site management, expense management and financial analysis for building and property owners. Orlando Bravo, Founder and a Managing […] Continue reading Thoma Bravo to acquire RealPage property management platform for $10.2B
OneTrust, the 4-year old privacy platform startup from the folks who brought you AirWatch (which was acquired by VMWare for $1.5B in 2014), announced a $300 million Series C on an impressive $5.1 billion valuation today. The company has attracted considerable attention from investors in a remarkably short time. It came out of the box […] Continue reading OneTrust nabs $300M Series C on $5.1B valuation to expand privacy platform
UiPath, the robotic process automation startup that has been growing like gangbusters, filed confidential paperwork with the SEC today ahead of a potential IPO. “UiPath, Inc. today announced that it has submitted a draft registration statement on a confidential basis to the U.S. Securities and Exchange Commission (the “SEC”) for a proposed public offering of […] Continue reading UiPath files confidential IPO paperwork with SEC
While 2020 won’t be remembered fondly by many of us for much of anything, it was a blockbuster year for enterprise M&A with the top 10 deals totaling an astounding $165.2 billion. This is the third straight year I’ve done this compilation. Last year the number was $40 billion. The year prior it was $87 […] Continue reading 2020’s top 10 enterprise M&A deals totaled a staggering $165B
It’s been an eventful fall for Perigee CEO and founder Mollie Breen. The former NSA employee participated in the TechCrunch Disrupt Startup Battlefield in September, and she just closed her first seed round on Thanksgiving, giving her a $1.5 million runway to begin building the company. Outsiders Fund led the round with participation from Westport, […] Continue reading Perigee snares $1.5M seed to secure HVAC and other infrastructure
It’s been more than two years since the Pentagon announced its $10 billion, decade long JEDI cloud contract, which was supposed to provide a pathway to technological modernization for U.S. armed forces. While Microsoft was awarded the contract in October 2019, Amazon went to court to protest that decision, and it has been in legal […] Continue reading Amazon asks judge to set aside Microsoft’s $10B DoD JEDI cloud contract win
BigID has been on the investment fast track, raising $94 million over three rounds that started in January 2018. Today, that investment train kept rolling as the company announced a $70 million Series D on a valuation of $1 billion. Salesforce Ventures and Tiger Global co-led the round with participation from existing investors Bessemer Venture […] Continue reading BigID keeps rolling with $70M Series D on $1B valuation
When large companies like Netflix or Amazon want to test the resilience of their systems, they use chaos engineering tools designed to help them simulate worst-case scenarios and find potential issues before they even happen. Today at AWS re:Invent, Amazon CTO Werner Vogels introduced the company’s Chaos Engineering as a Service offering called AWS Fault […] Continue reading AWS introduces new Chaos Engineering as a Service offering
Twitter has a lot going on, and it’s not always easy to manage that kind of scale on your own. Today, Amazon announced that Twitter has chosen AWS to run its real-time timelines. It’s a major win for Amazon’s cloud arm. While the companies have worked together in some capacity for over a decade, this […] Continue reading Twitter taps AWS for its latest foray into the public cloud