Forget Watson, the Red Hat acquisition may be the thing that saves IBM

With its latest $34 billion acquisition of Red Hat, IBM may have found something more elementary than “Watson” to save its flagging business. Though the acquisition of Red Hat  is by no means a guaranteed victory for the Armonk, N.Y.-based computing company that has had more downs than ups over the five years, it seems […] Continue reading Forget Watson, the Red Hat acquisition may be the thing that saves IBM

OpenStack’s latest release focuses on bare metal clouds and easier upgrades

The OpenStack Foundation today released the 18th version of its namesake open-source cloud infrastructure software. The project has had its ups and downs, but it remains the de facto standard for running and managing large private clouds. What’s been interesting to watch over the years is how the project’s releases have mirrored what’s been happening in the […] Continue reading OpenStack’s latest release focuses on bare metal clouds and easier upgrades

Enterprise software investments may be tepid now, but they’re poised to engage

Have we reached “peak software”? Just like the idea of “peak oil” — the hypothetical point at which global oil production could max out — you could say we’re approaching a saturation point for venture-capital investments in software companies. Continue reading Enterprise software investments may be tepid now, but they’re poised to engage

SoftBank Vision Fund leads $250M Series D for Cohesity’s hyperconverged data platform

San Jose-based Cohesity has closed an oversubscribed $250M Series D funding round led by SoftBank’s Vision Fund, bringing its total raised to date to $410M. The enterprise software company offers a hyperconverged data platform for storing and managing all the secondary data created outside of production apps. In a press release today it notes this […] Continue reading SoftBank Vision Fund leads $250M Series D for Cohesity’s hyperconverged data platform

TravelPerk grabs $21M to make booking business trips suck less

TravelPerk, a Barcelona-based SaaS startup that’s built an end-to-end business travel platform, has closed a $21 million Series B round, led by Berlin-based Target Global and London’s Felix Capital. Earlier investors Spark Capital and Sunstone also participated in the round, alongside new investor Amplo. When we last spoke to the startup back in June 2016 — as it […] Continue reading TravelPerk grabs $21M to make booking business trips suck less

Investors are betting 3DR can find life after Solo as a drone data platform

 An early player in drone-tech, 3D Robotics Inc., announced that it has raised $53 million in a Series D round of funding on Thursday, including new equity funding and conversion of debt equity. Atlantic Bridge led the round joined by Autodesk Forge Fund, True Ventures, Foundry Group, Mayfield and other undisclosed investors, according to the company statement. The company didn’t break… Read More Continue reading Investors are betting 3DR can find life after Solo as a drone data platform

Okta acquihires Stormpath, doubles down on identity in apps and APIs

Photo: john finney photography/Moment/Getty Images Okta, the $1.2 billion identity management startup for enterprises that some tip for an IPO this year, has made an acquisition of sorts to expand one of its newer lines of business: managing IDs across APIs and apps. Today the San Francisco-based company announced that it has picked up the team from Stormpath, an early mover in providing a way for developers to implement authentication… Read More Continue reading Okta acquihires Stormpath, doubles down on identity in apps and APIs

Classy raises $30 million to help nonprofits raise donations, make a greater impact

 A San Diego startup called Classy has raised $30 million for software-as-a-service that helps nonprofits raise donations online, and keep supporters engaged in a good cause for the long run. Specifically, Classy helps 501c3 or other nonprofit org… Continue reading Classy raises $30 million to help nonprofits raise donations, make a greater impact

Classy raises $30 million to help nonprofits raise donations, make a greater impact

 A San Diego startup called Classy has raised $30 million for software-as-a-service that helps nonprofits raise donations online, and keep supporters engaged in a good cause for the long run. Specifically, Classy helps 501c3 or other nonprofit org… Continue reading Classy raises $30 million to help nonprofits raise donations, make a greater impact

What Salesforce’s acquisition of Quip means for enterprise software startups

Statistics and Analysis A new player has entered the enterprise productivity race. For decades, Microsoft reigned as the market leader in enterprise productivity — until Google pushed into the space with Google Apps. Now, with the acquisition of Quip, Salesforce is joining Microsoft and Google in the race. Read More Continue reading What Salesforce’s acquisition of Quip means for enterprise software startups