Category Archives: exit

Bloomreach raises $150M on $900M valuation and acquires Exponea

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Bloomreach, an API company that helps eCommerce customers with search and web site creation, announced a $150 million investment today from Sixth Street Growth. Today’s funding values the company at $900 million. At the same time, the company announced it has acquired Exponea, a startup that gives Bloomreach a marketing automation component it had been […] Continue reading Bloomreach raises $150M on $900M valuation and acquires Exponea→

F5 snags Volterra multi-cloud management startup for $500M

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Applications networking company F5 announced today that it is acquiring Volterra, a multi-cloud management startup, for $500 million. That breaks down to $440 million in cash and $60 million in deferred and unvested incentive compensation. Volterra emerged in 2019 with a $50 million investment from multiple sources, including Khosla Ventures and Mayfield, along with strategic […] Continue reading F5 snags Volterra multi-cloud management startup for $500M→

RedHat is acquiring container security company StackRox

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RedHat today announced that it’s acquiring container security startup StackRox . The companies did not share the purchase price. RedHat, which is perhaps best known for its enterprise Linux products has been making the shift to the cloud in recent years. IBM purchased the company in 2018 for a hefty $34 billion and has been […] Continue reading RedHat is acquiring container security company StackRox→

UiPath files confidential IPO paperwork with SEC

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UiPath, the robotic process automation startup that has been growing like gangbusters, filed confidential paperwork with the SEC today ahead of a potential IPO. “UiPath, Inc. today announced that it has submitted a draft registration statement on a confidential basis to the U.S. Securities and Exchange Commission (the “SEC”) for a proposed public offering of […] Continue reading UiPath files confidential IPO paperwork with SEC→

New Relic acquires Kubernetes observability platform Pixie Labs

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Two months ago, Kubernetes observability platform Pixie Labs launched into general availability and announced a $9.15 million Series A funding round led by Benchmark, with participation from GV. Today, the company is announcing its acquisition by New Relic, the publicly traded monitoring and observability platform. The Pixie Labs brand and product will remain in place […] Continue reading New Relic acquires Kubernetes observability platform Pixie Labs→

Vista acquires Gainsight for $1.1B, adding to its growing enterprise arsenal

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Vista Equity Partners hasn’t been shy about scooping up enterprise companies over the years, and today it added to a growing portfolio with its purchase of Gainsight.  The company’s software helps clients with customer success, meaning it helps create a positive customer experience when they interact with your brand, making them more likely to come […] Continue reading Vista acquires Gainsight for $1.1B, adding to its growing enterprise arsenal→

AvePoint to go public via SPAC valued at $2B

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AvePoint, a company that gives enterprises using Microsoft Office 365, SharePoint and Teams a control layer on top of these tools, announced today that it would be going public via a SPAC merger with Apex Technology Acquisition Corporation in a deal that values AvePoint at around $2 billion. The acquisition brings together some powerful technology […] Continue reading AvePoint to go public via SPAC valued at $2B→

Onit acquires legal startup McCarthyFinch to inject AI into legal workflows

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Onit, a workflow software company based in Houston with a legal component, announced this week that it has acquired 2018 TechCrunch Disrupt Battlefield alum McCarthyFinch.  Onit intends to use the startup’s AI skills to beef up its legal workflow software offerings. The companies did not share the purchase price. After evaluating a number of companies […] Continue reading Onit acquires legal startup McCarthyFinch to inject AI into legal workflows→

FireEye acquires Respond Software for $186M, announces $400M investment

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The security sector is ever frothy and acquisitive. Just last week Palo Alto Networks grabbed Expanse for $800 million. Today it was FireEye’s turn snagging Respond Software, a company that helps customers investigate and understand security incidents, while reducing the need for highly trained and scarce security analysts. The deal has closed, according to the […] Continue reading FireEye acquires Respond Software for $186M, announces $400M investment→

IBM is acquiring APM startup Instana as it continues to expand hybrid cloud vision

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As IBM transitions from software and services to a company fully focussed on hybrid cloud management, it announced  its intention to buy Instana, an applications performance management startup with a cloud native approach that fits firmly within that strategy. The companies did not reveal the purchase price. With Instana, IBM can build on its internal […] Continue reading IBM is acquiring APM startup Instana as it continues to expand hybrid cloud vision→