Category Archives: Fundings & Exits

Father and son duo take on global logistics with Optimal Dynamics’ sequential decision AI platform

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Like “innovation,” machine learning and artificial intelligence are commonplace terms that provide very little context for what they actually signify. AI/ML spans dozens of different fields of research, covering all kinds of different problems and alternative and often incompatible ways to solve them. One robust area of research here that has antecedents going back to […] Continue reading Father and son duo take on global logistics with Optimal Dynamics’ sequential decision AI platform→

Klaviyo’s next-gen email marketing platform engorges on $320M at a $9.5B valuation

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Email marketing is decades old, but it’s a category that has surprising life in it. Multiple generations of email marketing companies have come through and sustained success, from Constant Contact to Mailchimp. These brands often become household names — after all, you probably have hundreds of emails with their logos attached to the email footer. […] Continue reading Klaviyo’s next-gen email marketing platform engorges on $320M at a $9.5B valuation→

Cisco strikes again grabbing threat assessment tool Kenna Security as third acquisition this week

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Cisco has been busy on the acquisition front this week, and today the company announced it was buying threat assessment platform Kenna Security, the third company it has purchased this week. The two companies did not disclose the purchase price. With Kenna, Cisco gets a startup that uses machine learning to sort through the massive […] Continue reading Cisco strikes again grabbing threat assessment tool Kenna Security as third acquisition this week→

Worksome pulls $13M into its high skill freelancer talent platform

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More money for the now very buzzy business of reshaping how people work: Worksome is announcing it recently closed a $13 million Series A funding round for its “freelance talent platform” — after racking up 10x growth in revenue since January 2020, just before the COVID-19 pandemic sparked a remote working boom. The 2017 founded […] Continue reading Worksome pulls $13M into its high skill freelancer talent platform→

Cisco to acquire Indy startup Socio to bring hybrid events to Webex

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Cisco announced this morning that it intends to acquire Indianapolis-based startup Socio, which helps plan hybrid in-person and virtual events. The two companies did not share the purchase price. Socio provides a missing hybrid event management component for the company to add to its Webex platform. The goal appears to be to combine this with […] Continue reading Cisco to acquire Indy startup Socio to bring hybrid events to Webex→

Jamf snags zero trust security startup Wandera for $400M

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Jamf, the enterprise Apple device management company, announced that it was acquiring Wandera, a zero trust security startup, for $400 million at the market close today. Today’s purchase is the largest in the company’s history. Jamf provides IT at large organizations with a set of management services for Apple devices. It is the leader in […] Continue reading Jamf snags zero trust security startup Wandera for $400M→

DataRobot expands platform and announces Zepl acquisition

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DataRobot, the Boston-based automated machine learning startup, had a bushel of announcements this morning as it expanded its platform to give technical and non-technical users alike something new. It also announced it has acquired Zepl, giving it an advanced development environment where data scientists can bring their own code to DataRobot. The two companies did […] Continue reading DataRobot expands platform and announces Zepl acquisition→

Cycode raises $20M to secure DevOps pipelines

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Israeli security startup Cycode, which specializes in helping enterprises secure their DevOps pipelines and prevent code tampering, today announced that it has raised a $20 million Series A funding round led by Insight Partners. Seed investor YL Ventures also participated in this round, which brings the total funding in the company to $24.6 million. Cycode’s […] Continue reading Cycode raises $20M to secure DevOps pipelines→

ServiceNow leaps into applications performance monitoring with Lightstep acquisition

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This morning ServiceNow announced that it was acquiring Lightstep, an applications performance monitoring startup that has raised over $70 million, according to Crunchbase data. The companies did not share the acquisition price. ServiceNow wants to take advantage of Lightstep’s capabilities to enhance its IT operations offerings. With Lightstep, the company should be able to provide […] Continue reading ServiceNow leaps into applications performance monitoring with Lightstep acquisition→