Collaborate Disseminate
AWS, the cloud arm of Amazon would be a pretty successful business on its own. Today, the company announced it has passed $10 billion for the quarter, putting the cloud business on an impressive run rate of more than $40 billion. It was a bright spot for the company in an earnings report that saw […] Continue reading AWS hits $10B for the quarter putting it on a $40B run rate
When former Red Hat CEO Jim Whitehurst moved on to become president at parent company IBM earlier this month, the logical person to take his place was long-time executive Paul Cormier. As he takes over in the most turbulent of times, he still sees a company that is in the right place to help customers […] Continue reading New Red Hat CEO Paul Cormier faces a slew of challenges in the midst of pandemic
Okta released a special COVID-19 edition of its app usage report today, and you don’t need a Ph. D. in statistics to guess what they found. Indeed, Zoom surged 110% on the Okta network, leading the way in usage growth just as you would expect, but another whole class of tools besides collaboration also saw […] Continue reading Okta COVID-19 app usage report finds it’s not just collaboration seeing a huge uptick
Rapid7 announced today after the closing bell that it will be acquiring DivvyCloud, a cloud security and governance startup for $145 million in cash and stock. With Divvy, the company moves more deeply into the cloud, something that Lee Weiner, chief innovation officer says the company has been working towards, even before the pandemic pushed […] Continue reading Rapid7 is acquiring DivvyCloud for $145M to beef up cloud security
With the company growing in leaps and bounds, Zoom went shopping for a cloud infrastructure vendor to help it with its growing scale problem. In a surprising choice, the company went with Oracle Cloud Infrastructure. Zoom has become the go-to video conferencing service as much of the world has shut down due to the pandemic, […] Continue reading In surprise choice, Zoom hitches wagon to Oracle for growing infrastructure needs
Celonis has made its name as a process discovery company, helping companies understand the way work flows through its systems to expose inefficiencies, but up until now the company has left it to others to solve those problems. Today it announced the first products that help companies improve those workflows automatically. Alexander Rinke, founder and […] Continue reading Celonis pushes beyond process mining into automated workflow tooling
Three former Uber engineers, who helped build the company’s Michelangelo machine learning platform, left the company last year to form Tecton.ai and build an operational machine learning platform for everyone else. Today the company announced a $20 million Series A from a couple of high-profile investors. Andreessen Horowitz and Sequoia Capital co-led the round with […] Continue reading Tecton.ai emerges from stealth with $20M Series A to build machine learning platform
If a seed-stage investor believes in the founders and their vision, and the company can ride out today’s economic upset, there’s still money in the till — at least for now. Continue reading Seed investors take long view on promising enterprise startups
If a seed-stage investor believes in the founders and their vision, and the company can ride out today’s economic upset, there’s still money in the till — at least for now. Continue reading Seed investors take long view on promising enterprise startups
Miro is a company in the right place at the right time. The makers of a digital whiteboard are seeing usage surge right now as businesses move from the workplace and physical whiteboards. Today, the company announced a hefty $50 million Series B. Iconiq Capital led the round with help from Accel and a slew […] Continue reading Miro lands $50M Series B for digital whiteboard as demand surges