Collaborate Disseminate
When we covered Leena AI as a member of the Y Combinator Summer 2018 cohort, the young startup was firmly focused on building HR chatbots, but in the intervening years it has expanded the vision to a broader HR policy platform. Today, the company announced an $8 million Series A led by Greycroft with help […] Continue reading Leena AI nabs $8M Series as it expands from chatbots to HR service platform
The cloud infrastructure market kept growing at a brisk pace last quarter, as the pandemic continued to push more companies to the cloud with offices shut down in much of the world. This week the big three — Amazon, Microsoft and Google — all reported their numbers and, as expected, the news was good, with […] Continue reading Cloud infrastructure revenue grows 33% this quarter to almost $33B
It’s been quite a time for chip industry consolidation, and today Marvell joined the acquisition parade when it announced it is acquiring Inphi in a combination of stock and cash valued at approximately $10 billion, according to the company. Marvell CEO Matt Murphy believes that by adding Inphi, a chip maker that helps connect internal […] Continue reading More chip industry action as Marvell is acquiring Inphi for $10B
As communicating with customers across the world grows ever more challenging due to multiple channels, tools and networking providers, companies are looking for a way to simplify it all. Sinch, a company that makes communications APIs, announced a new tool this morning called the Conversation API designed to make it easier to interact with customers […] Continue reading Sinch announces Conversation API to bring together multiple messaging tools
The Utah Jazz, an NBA basketball team based in Salt Lake City, announced today that Qualitrics CEO and co-founder Ryan Smith was buying a majority stake in the team along other properties. ESPN is reporting the deal is worth $1.6 billion. Smith can afford it. He sold Qualtrics, which is based in Provo, Utah, in […] Continue reading Qualtrics CEO Ryan Smith is buying majority stake in the Utah Jazz for $1.6B
Kandji, a mobile device management (MDM) startup, launched last October. That means it was trying to build the early stage company just as the pandemic hit earlier this year. But a company that helps manage devices remotely has been in demand in this environment, and today it announced a $21 million Series A. Greycroft led […] Continue reading Kandji hauls in $21M Series A as Apple device management flourishes during pandemic
Rockset, a cloud-native analytics company, announced a $40 million Series B investment today led by Sequoia with help from Greylock, the same two firms that financed its Series A. The startup has now raised a total of $61.5 million, according to the company. As co-founder and CEO Venkat Venkataramani told me at the time of […] Continue reading Rockset announces $40M Series B as data analytics solution gains momentum
Lightyear, a New York City startup that wants to make it easier for large companies to procure networking infrastructure like internet and SD-WAN, announced a $3.7 million seed round today. While it was at it, the company announced that it was emerging from stealth and offering its solution in public beta. Amplo led the round […] Continue reading Lightyear scores $3.7M seed to digitize networking infrastructure procurement
The chip industry consolidation dance continued this morning as AMD has entered into an agreement to buy Xilinx for $35 billion, giving the company access to a broad set of specialized workloads. AMD sees this deal as combining two companies that complement each other’s strengths without cannibalizing its own markets. CEO Lisa Su believes the […] Continue reading AMD grabs Xilinx for $35 billion as chip industry consolidation continues
SAP announced its Q3 earnings yesterday, with its aggregate results down across the board. And after missing earnings expectations, the company also revised its 2021 outlook down. The combined bad news spooked investors, crashing its shares by over 20% in pre-market trading and the stock wasn’t showing any signs of improving in early trading. The […] Continue reading SAP shares fall sharply after COVID-19 cuts revenue, profit forecast at software giant