Collaborate Disseminate
Today, let’s peek at new and historical growth numbers from Gthmhub, Perdoo, WorkBoard, Ally.io, Koan and WeekDone. Continue reading Rapid growth in 2020 reveals OKR software market’s untapped potential
You & Mr. Jones announced today that it has added $60 million in new funding from Merian Chrysalis, bringing the Series B round announced in December to a total of $260 million. The round values the company at $1.36 billion, post-money. You & Mr. Jones takes its name from CEO David Jones, who founded the […] Continue reading ‘Brandtech’ company You and Mr. Jones adds $60M to its Series B
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 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
CommonGround, a startup developing technology for what its founders describe as “4D collaboration,” is announcing that it has raised $19 million in funding. This isn’t the first time Amir Bassan-Eskenazi and Ran Oz have launched a startup together — they also founded video networking company BigBand Networks, which won two technology-related Emmy Awards, went public […] Continue reading CommonGround raises $19M to rethink online communication
When we examine any year in enterprise M&A, it’s tempting to highlight the biggest, gaudiest deals — and there were plenty of those in 2020. I’ve written about 34 acquisitions so far this year. Of those, 15 were worth $1 billion or more, 12 were small enough to not require that the companies disclose the […] Continue reading Looking ahead after 2020’s epic M&A spree
IBM has been busy since it announced plans to spin out its legacy infrastructure management business in October, placing an all-in bet on the hybrid cloud. Today, it built on that bet by acquiring Helsinki-based multi-cloud consulting firm Nordcloud. The companies did not share the purchase price. Nordcloud fits neatly into this strategy with 500 […] Continue reading IBM snags Nordcloud to add multi-cloud consulting expertise
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
While 2020 won’t be remembered fondly by many of us for much of anything, it was a blockbuster year for enterprise M&A with the top 10 deals totaling an astounding $165.2 billion. This is the third straight year I’ve done this compilation. Last year the number was $40 billion. The year prior it was $87 […] Continue reading 2020’s top 10 enterprise M&A deals totaled a staggering $165B
On Monday, Pluralsight, a Utah-based startup that sells software development courses to enterprises, announced that it has been acquired by Vista for $3.5 billion. The deal, yet to close, is one of the largest enterprise buys of the year: Vista is getting an online training company that helps retrain techies with in-demand skills through online […] Continue reading Vista’s $3.5B purchase of Pluralsight signals a maturing edtech market