Would the math work if Databricks were valued at $38B?

Databricks, the open-source data lake and data management powerhouse has been on quite a financial run lately. Today Bloomberg reported the company could be raising a new round worth at least $1.5 billion at an otherworldly $38 billion valuation. That price tag is up $10 billion from its last fundraise in February when it snagged […] Continue reading Would the math work if Databricks were valued at $38B?

Stacker raises $20M Series A to help business units build software without coding

No code platforms have developed into a hot market, and Stacker, a London-based no-code platform is attempting to bring the concept to a new level. Not only can you create a web application from a spreadsheet, you can pull data from a variety of sources to create a sophisticated business application automatically (although some tweaking […] Continue reading Stacker raises $20M Series A to help business units build software without coding

Salesforce announces first integrations with Slack after closing $28B sale

When Salesforce acquired Slack at the end of last year for almost $28 billion, you had to figure that they had some big plans for the company, and today the CRM giant announced some initial integrations that should prove useful for Salesforce customers. Rob Seaman, SVP for Slack at Salesforce sees Slack as the communications […] Continue reading Salesforce announces first integrations with Slack after closing $28B sale

Cisco beefing up app monitoring portfolio with acquisition of Epsagon for $500M

Cisco announced on Friday that it’s acquiring Israeli applications monitoring startup Epsagon at a price pegged at $500 million. The purchase gives Cisco a more modern microservices-focused component for its growing applications monitoring portfolio. The Israeli business publication Globes reported it had gotten confirmation from Cisco that the deal was for $500 million, but Cisco would […] Continue reading Cisco beefing up app monitoring portfolio with acquisition of Epsagon for $500M

There could be more to the Salesforce+ video streaming service than meets the eye

When Salesforce announced its new business video streaming service called Salesforce+ this week, everyone had a reaction. While not all of it was positive, some company watchers also wondered if there was more to this announcement than meets the eye. If you look closely, the new initiative suggests that Salesforce wants to take a bite […] Continue reading There could be more to the Salesforce+ video streaming service than meets the eye

Box reports earnings early to give shareholders time to review financials ahead of board vote

Box has been in an ongoing dispute with activist investors Starboard Value over control of the board, an argument that is expected to come to a head on September 9th at the annual shareholder meeting. In an effort to show shareholders that the numbers are continuing to improve under the current leadership, Box took the […] Continue reading Box reports earnings early to give shareholders time to review financials ahead of board vote

Salesforce wants Salesforce+ to be the Netflix of biz content

Salesforce just closed a $28 billion mega-deal to buy Slack, generating significant debt along the way, but it’s not through spending big money. Today the CRM giant announced it was taking a leap into streaming media with Salesforce+, a forthcoming digital media network with a focus on video that, in the words of the company, […] Continue reading Salesforce wants Salesforce+ to be the Netflix of biz content

Salesforce’s Kathy Baxter is coming to TC Sessions: SaaS to talk AI

As the use of AI has grown and developed over the last several years, companies like Salesforce have tried to tap into it to improve their software and help customers operate faster and more efficiently. Kathy Baxter, principal architect for the ethical AI practice at Salesforce will be joining us at TechCrunch Sessions: SaaS on […] Continue reading Salesforce’s Kathy Baxter is coming to TC Sessions: SaaS to talk AI

OwnBackup reels in $240M Series E on $3.35B valuation, up from $1.4B in January

OwnBackup, the late stage startup that helps companies in the Salesforce ecosystem back up their data, announced a $240 million Series E today at a $3.35 billion valuation. The latter is up from $1.4 billion in January when the company announced a $167.5 million Series D. Alkeon Capital and B Capital Group co-led today’s investment, […] Continue reading OwnBackup reels in $240M Series E on $3.35B valuation, up from $1.4B in January

Work-Bench will continue supporting early stage enterprise startups with new $100M fund

In spite of the pandemic, New York City remains the center of commerce and business, and over the last decade a robust startup community has developed there. Work-Bench, the NYC VC firm that concentrates on early stage enterprise seed investments, announced its $100 million Fund 3 this morning. The company started back in 2013 when […] Continue reading Work-Bench will continue supporting early stage enterprise startups with new $100M fund