Category Archives: Fundings & Exits

Rapid7 acquires Kubernetes security startup Alcide for $50M

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Rapid7, the Boston-based security operations company, has been making moves into the cloud recently and this morning it announced that it has acquired Kubernetes security startup Alcide for $50 million. As the world shifts to cloud native using Kubernetes to manage containerized workloads, it’s tricky ensuring that the containers are configured correctly to keep them […] Continue reading Rapid7 acquires Kubernetes security startup Alcide for $50M→

Workday nabs employee feedback platform Peakon for $700M

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Workday started the work day with some big news today. It’s acquiring employee feedback platform Peakon for $700 million in cash. One thing we have learned during the pandemic is that organizations need to find new ways to build stronger connections with their employees, and that’s precisely what Peakon provides. “Bringing Peakon into the Workday […] Continue reading Workday nabs employee feedback platform Peakon for $700M→

SAP is buying Berlin business process automation startup Signavio

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Rumors have been flying this week that SAP was going to buy Berlin business process automation startup Signavio, and sure enough the company made it official today. The companies did not reveal the purchase price, but Bloomberg reported earlier this week that the deal could be worth $1.2 billion. With Signavio SAP gets a cloud-native […] Continue reading SAP is buying Berlin business process automation startup Signavio→

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→

Drupal’s journey from dorm-room project to billion-dollar exit

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Moving from dorm room to billion-dollar exit is the dream of every startup founder. Dries Buytaert got there by being bold, working hard and thinking big. Continue reading Drupal’s journey from dorm-room project to billion-dollar exit→

Cloud infrastructure startup CloudNatix gets $4.5 million seed round led by DNX Ventures

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CloudNatix, a startup that provides infrastructure for businesses with multiple cloud and on-premise operations, announced it has raised $4.5 million in seed funding. The round was led by DNX Ventures, an investment firm that focuses on United States and Japanese B2B startups, with participation from Cota Capital. Existing investors Incubate Fund, Vela Partners and 468 […] Continue reading Cloud infrastructure startup CloudNatix gets $4.5 million seed round led by DNX Ventures→

Soci raises $80M for its localized marketing platform

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Soci, a startup focused on what it calls “localized marketing,” is announcing that it has raised $80 million in Series D funding. National and global companies like Ace Hardware, Anytime Fitness, The Hertz Corporation and Nekter Juice Bar use Soci (pronounced soh-shee) to coordinate individual stores as they promote themselves through search, social media, review […] Continue reading Soci raises $80M for its localized marketing platform→

Citrix is acquiring Wrike from Vista for $2.25B

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Citrix announced today that it plans to acquire Wrike, a SaaS project management platform, from Vista Equity Partners for $2.25 billion. Vista bought the company just two years ago. Citrix, which is best known for its digital workspaces, sees this as a good match, especially at a time where employees have been forced to work […] Continue reading Citrix is acquiring Wrike from Vista for $2.25B→