Collaborate Disseminate
When Quibi announced it was shutting its doors recently after raising $1.75 billion, it begged an obvious question: If the original idea didn’t work, why not adjust its model or do something completely different while it still had capital? It wouldn’t have been the first company to decide to shift gears. Perhaps because of the […] Continue reading How startups can shake up their first idea and still crush the market
It’s been a big period of positive change for Yugabyte, makers of the open source, cloud native YugabyteDB database. Just last month they brought on former Pivotal CEO Bill Cook as CEO, and today the company announced it has closed a $30 million Series B. 8VC and strategic investor WiPro led the round with participation […] Continue reading Yugabyte lands $30M Series B as open source database continues to flourish
The Daily Crunch is TechCrunch’s roundup of our biggest and most important stories. If you’d like to get this delivered to your inbox every day at around 9am Pacific, you can subscribe here. 1. VMware completes $2.7 billion Pivotal acquisition VMware is closing the year with a significant new weapon in its arsenal. (I restrained […] Continue reading Daily Crunch: VMware completes Pivotal acquisition
VMware is closing the year with a significant new component in its arsenal. Today it announced it has closed the $2.7 billion Pivotal acquisition it originally announced in August. The acquisition gives VMware another component in its march to transform from a pure virtual machine company into a cloud native vendor that can manage infrastructure […] Continue reading VMware completes $2.7 billion Pivotal acquisition
“I’m so tired of talking about Kubernetes . I want to talk about something else,” joked Kubernetes co-founder and VP of R&D at VMware Craig McLuckie during a keynote interview at this week’s Cloud Foundry Summit in The Hague. “I feel like that 80s band that had like one hit song — Cherry Pie.” He doesn’t […] Continue reading Kubernetes co-founder Craig McLuckie is as tired of talking about Kubernetes as you are
When Dell acquired EMC in 2016 for $67 billion, it created a complicated consortium of interconnected organizations. Some, like VMware and Pivotal, operate as completely separate companies. They have their own boards of directors, can acquire companies and are publicly traded on the stock market. Yet they work closely within the Dell, partnering where it […] Continue reading How Pivotal got bailed out by fellow Dell family member, VMware
Pivotal has always been about making open-source tools for enterprise developers, but surprisingly, up until now, the arsenal has lacked a serverless component. That changed today with the alpha launch of Pivotal Function Service. “Pivotal Function Service is a Kubernetes-based, multi-cloud function service. It’s part of the broader Pivotal vision of offering you a single […] Continue reading Pivotal announces new serverless framework
StubHub is best known as a destination for buying and selling event tickets. The company operates in 48 countries and sells a ticket every 1.3 seconds. But the company wants to go beyond that and provide its users with a far more comprehensive set of services around entertainment. To do that, it’s working on changing […] Continue reading StubHub bets on Pivotal and Google Cloud as it looks to go beyond tickets
Pivotal has kind of a strange role for a company. On one hand its part of the EMC federation companies that Dell acquired in 2016 for a cool $67 billion, but it’s also an independently operated entity within that broader Dell family of companies — and that has to be a fine line to walk. […] Continue reading Pivotal CEO talks IPO and balancing life in Dell family of companies
Stock market investors showed lukewarm enthusiasm for Pivotal Software’s debut on Friday. After pricing the IPO at $15, the company closed the day at $15.73. Although it didn’t “pop” for new investors, pricing at the midpoint of its proposed range allowed Pivotal to raise $555 million. Its public company market cap exceeded $3 billion. The enterprise […] Continue reading Pivotal Software closed up 5% following IPO, raised $555 million