JumpCloud raises $75M Series E as cloud directory service thrives during pandemic

JumpCloud, the cloud directory service that debuted at TechCrunch Disrupt Battlefield in 2013, announced a $75 million Series E today. The round was led by BlackRock with participation from existing investor General Atlantic. The company wasn’t willing to discuss the current valuation, but has now raised over $166 million, according to Crunchbase data. Changes in […] Continue reading JumpCloud raises $75M Series E as cloud directory service thrives during pandemic

Adobe acquires marketing workflow startup Workfront for $1.5B

Adobe just announced that it is acquiring marketing workflow management startup Workfront for $1.5 billion. Bloomberg first reported the sale would be happening earlier today. Workfront was founded back in 2001, making it a bit long in tooth for a private company that has raised $375 million, according to Crunchbase. (It’s worth noting that $280 […] Continue reading Adobe acquires marketing workflow startup Workfront for $1.5B

Qumulo update adds NvME caching for more efficient use of flash storage

Qumulo, the Seattle-based data storage startup, announced a bunch of updates today including support for NvME caching, an approach that should enable customers to access faster flash storage at a lower price point. NvME flash storage development is evolving quickly, driving down the price with higher performance, a win-win situation for large data producers, but […] Continue reading Qumulo update adds NvME caching for more efficient use of flash storage

Tim Berners Lee’s startup Inrupt releases Solid privacy platform for enterprises

Inrupt, the startup from World Wide Web founder Tim Berners-Lee, announced an enterprise version of the Solid privacy platform today, which allows large organizations and governments to build applications that put users in control of their data. Berners-Lee has always believed that the web should be free and open, but large organizations have grown up […] Continue reading Tim Berners Lee’s startup Inrupt releases Solid privacy platform for enterprises

What we’ve learned about working from home 7 months into the pandemic

When large parts of the world were shutting down in March, we really didn’t know how we would move massive numbers of employees used to working in the office to work from home. In early March, I wrote a piece on how to prepare for such an eventuality, speaking to several experts who had a […] Continue reading What we’ve learned about working from home 7 months into the pandemic

Slintel grabs $4.2M seed to grow sales intelligence platform

As the pandemic rages on, companies are looking for an edge when it comes to sales. Having the right data about the customers most likely to convert can be a huge boost right now. Slintel, an early stage startup building a sales intelligence tool, announced a $4.2 million seed round today. The investment was led […] Continue reading Slintel grabs $4.2M seed to grow sales intelligence platform

Alibaba passes IBM in cloud infrastructure market with over $2B in revenue

When Alibaba entered the cloud infrastructure market in earnest in 2015 it had ambitious goals, and it has been growing steadily. Today, the Chinese ecommerce giant announced quarterly cloud revenue of $2.194 billion. With that number, it has passed IBM’s $1.65 billion revenue result (according to Synergy Research market share numbers), a significant milestone. But […] Continue reading Alibaba passes IBM in cloud infrastructure market with over $2B in revenue

How startups can shake up their first idea and still crush the market

When Quibi announced it was shutting its doors recently after raising $1.75 billion, it begged an obvious question: If the original idea didn’t work, why not adjust its model or do something completely different while it still had capital? It wouldn’t have been the first company to decide to shift gears. Perhaps because of the […] Continue reading How startups can shake up their first idea and still crush the market

Coupa Software snags Llamasoft for $1.5B to bring together spending and supply chain data

Coupa Software, a publicly traded company that helps large corporations manage spending, announced that it was buying Llamasoft, an 18 year old Michigan company that helps large companies manage their supply chain. The deal was pegged at $1.5 billion. This year Llamasoft released its latest tool, an AI-driven platform for managing supply chains intelligently. This […] Continue reading Coupa Software snags Llamasoft for $1.5B to bring together spending and supply chain data

Twilio wraps $3.2B purchase of Segment after warp speed courtship

It was barely a month ago we began hearing rumors that Twilio was interested in acquiring Segment. The $3.2 billion deal was officially announced three weeks ago, and this morning the communications API company announced that the deal had closed, astonishingly fast for an acquisition of this size. While we can’t know for sure, the […] Continue reading Twilio wraps $3.2B purchase of Segment after warp speed courtship