Tangle EE project joins Eclipse Foundation to bring distributed ledger apps to enterprise

As the number of IoT devices proliferate, and machines conduct transactions with machines without humans involved, it becomes increasingly necessary to have a permissionless system that facilitates this kind of communication in a secure way. Enter the IOTA Foundation, a Berlin-based open source distributed ledger technology (DLT) project, which has hooked up with the Eclipse […] Continue reading Tangle EE project joins Eclipse Foundation to bring distributed ledger apps to enterprise

Amazon wants to depose president and Secretary of Defense as part of JEDI protest

Today, AWS made public its Motion to Supplement the Record in its protest of the JEDI contract decision. As part of that process, the company has announced it wants to depose President Trump and Secretary of Defense Mark Esper. When Amazon announced at the end of last year, that it was protesting the DoD’s decision […] Continue reading Amazon wants to depose president and Secretary of Defense as part of JEDI protest

Xerox sweetens HP offer to $24 per share as take-over drama continues

Ever since Xerox set its sights on HP last November, the companies have been engaged in an ongoing battle. Xerox would like very much to take over the much larger HP, while the printer giant has so far rejected Xerox’s advances. Today, Xerox decided to sweeten the pot, raising its offer by two dollars per […] Continue reading Xerox sweetens HP offer to $24 per share as take-over drama continues

After $479M round on $12.4B valuation, Snowflake CEO says IPO is next step

Snowflake, the cloud-based data warehouse company, doesn’t tend to do small rounds. On Friday night word leaked out about its latest mega round. This one was for $479 million on a $12.4 billion valuation. That’s triple the company’s previous $3.9 billion valuation from October 2018, and CEO Frank Slootman suggested that the company’s next finance […] Continue reading After $479M round on $12.4B valuation, Snowflake CEO says IPO is next step

Forescout to be acquired by a pair of private equity firms for $1.9B

Forescout, the network security company that has been publicly traded since 2017, announced today it was going private again. Private equity firms Advent International and Crosspoint Capital are acquiring the company in an all-cash purchase of $1.9 billion. The two private equity firms will pay $33 per share, which represented a premium of 30% over […] Continue reading Forescout to be acquired by a pair of private equity firms for $1.9B

Netskope hauls in another $340M investment on nearly $3B valuation

Netskope has always focused its particular flavor of security on the cloud, and as more workloads have moved there, it has certainly worked in its favor. Today the company announced a $340 million investment on a valuation of nearly $3 billion. Sequoia Capital Global Equities led the round, but in a round this large, there […] Continue reading Netskope hauls in another $340M investment on nearly $3B valuation

Datree announces $8M Series A as it joins Y Combinator

Datree, the early stage startup building a DevOps policy engine on GitHub, announced an $8 million Series A today. It also announced it has joined the Y Combinator Winter 20 cohort. Blumberg and TLV Partners led the round with participation from Y Combinator . The company has now raised $11 million with the $3 million […] Continue reading Datree announces $8M Series A as it joins Y Combinator

Google Cloud makes strides but still has a long way to go

In earnings reported this week, Alphabet announced that Google Cloud generated a robust $2.61 billion for the quarter, a number that includes revenue from both Google Cloud Platform and G Suite. That puts the division on a nice little run rate of $10.44 billion. It feels like a lot until you consider that Microsoft had a […] Continue reading Google Cloud makes strides but still has a long way to go

Clear gets $13M Series A to build high-volume transaction system on the blockchain

Clear is an early stage startup with a big ambition. It wants to build a blockchain for high-volume transaction systems like payments between telcos. Today it announced a $13 million Series A investment. The round was led by Eight Roads with participation from Telefónica Innovation Ventures, Telekom Innovation Pool of Deutsche Telekom, HKT and Singtel […] Continue reading Clear gets $13M Series A to build high-volume transaction system on the blockchain

Koch Industries acquires Infor in deal pegged at nearly $13B

Infor announced today that Koch Industries has bought the company in a deal sources peg at close to $13 billion. Infor, which makes large-scale cloud ERP software, has been around since 2002 and counts Koch as both a customer and an investor, so the deal makes sense on that level. Koch was lead investor last […] Continue reading Koch Industries acquires Infor in deal pegged at nearly $13B