Why the $3.7 billion AppDynamics acquisition happened right before IPO
Applications management company AppDynamics was just wrapping up the final touches on its initial public offering when they learned that Cisco was interested in discussing a potential deal, after preliminary talks were abandoned in November. The discussion picked up again last week, and the IPO was slated to price tomorrow. Although many companies seek acquisition offers in the months leading… Read More Continue reading Why the $3.7 billion AppDynamics acquisition happened right before IPO
Corporations could be a lot more efficient with the travel spend, believes booking platform TripActions. And they’re announcing $14.6 million in funding from Zeev Ventures and Lightspeed Venture Partners to fulfill that mission.
Abhinav Shashank was working on an academic project at Harvard with his colleagues Kanav Hasija and Sandeep Gupta — figuring out how to pool together large data sets from hundreds of different sources and APIs and manage them — when his business colleagues started asking him to help apply those tools.
Alooma, an Israeli startup that helps companies process and work with big data in real time delivered as a cloud service, announced an $11.2 million Series A round today led by Lightspeed Venture Partners and Sequoia Capital. The product focuses on the people working with data like data scientists and end users with advanced degrees in mathematics and machine learning, rather than…