Jim Whitehurst steps down as president at IBM just 14 months after taking role

In a surprise announcement today, IBM announced that Jim Whitehurst, who came over in the Red deal, would be stepping down as company president just 14 months after taking over in that role. IBM didn’t give a lot of details as to why he was stepping away, but acknowledged his key role in helping bring […] Continue reading Jim Whitehurst steps down as president at IBM just 14 months after taking role

Pequity, a compensation platform designed for more equitable pay, raises $19M

Diversity and inclusion have become central topics in the world of work. In the best considerations, improving them is a holistic effort, involving not just conceiving of products with this in mind, but hiring and managing talent in a diverse and inclusive way, too. A new startup called Pequity that has built a product to […] Continue reading Pequity, a compensation platform designed for more equitable pay, raises $19M

ChartHop raises $35M for its internal org chart and people analytics platform

Human resources is generally a salient cornerstone of any organization, but digitization has democratized a lot of the work that goes into HR, and that’s meant more people in businesses interested in, and using, the kind of data that HR people build and typically manage. Today, a startup called ChartHop that’s built a platform to […] Continue reading ChartHop raises $35M for its internal org chart and people analytics platform

New Relic is bringing in a new CEO as founder Lew Cirne moves to executive chairman role

At the market close this afternoon ahead of its earnings report, New Relic, an applications performance monitoring company, announced that founder Lew Cirne would be stepping down as CEO and moving into the executive chairman role. At the same time, the company announced that Bill Staples, a software industry vet, would be taking over as […] Continue reading New Relic is bringing in a new CEO as founder Lew Cirne moves to executive chairman role

Busy day at VMware ended yesterday with Ragurham as CEO and COO Poonen exiting

They say for every door that opens another closes and the executive shuffle at VMware is certainly proving that old chestnut true. Four months after Pat Gelsinger stepped down as CEO to return to run Intel, the virtual machine pioneer announced yesterday that long-time exec Raghu Raghuram was taking over that role. That set in […] Continue reading Busy day at VMware ended yesterday with Ragurham as CEO and COO Poonen exiting

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

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

Ahead of Dell’s spin out, VMware appoints longtime exec Raghu Raghuram as its new CEO

Five months after it was announced that Pal Gelsinger would be stepping down as CEO of VMware to take the top job at Intel, the virtualization giant has finally appointed a permanent successor. Raghu Raghuram — a longtime employee of the company — has been appointed the new CEO. He will be taking on the […] Continue reading Ahead of Dell’s spin out, VMware appoints longtime exec Raghu Raghuram as its new CEO

EQT Ventures promotes Laura Yao to partner; hires Anne Raimondi as operating partner

EQT Ventures, an investment firm based in Europe, which has raised over €1.2 billion ($1.4B USD) announced that it has promoted Laura Yao to partner. At the same time, the firm announced it recently hired Anne Raimondi, former SVP of Operations at Zendesk as operating partner. The company is based in Stockholm with offices in […] Continue reading EQT Ventures promotes Laura Yao to partner; hires Anne Raimondi as operating partner