ServiceMax promises accelerating growth as key to $1.4B SPAC deal

ServiceMax, a company that builds software for the field-service industry, announced yesterday that it will go public via a special purpose acquisition company, or SPAC, in a deal valued at $1.4 billion. The transaction comes after ServiceMax was sold to GE for $915 million in 2016, before being spun out in late 2018. The company […] Continue reading ServiceMax promises accelerating growth as key to $1.4B SPAC deal

Emergence’s Jason Green still sees plenty of opportunities for enterprise SaaS startups

Jason Green, co-founder and partner at Emergence, has made some solid enterprise SaaS bets over the years, long before it was fashionable to do so. He invested early in companies like Box, ServiceMax, Yammer, SteelBrick and SuccessFactors. Just those companies alone would be a pretty good track record, but his firm also invested in Salesforce, […] Continue reading Emergence’s Jason Green still sees plenty of opportunities for enterprise SaaS startups

6 CISOs share their game plans for a post-pandemic world

CISOs have shifted their roles quickly and dramatically during the COVID-19 pandemic, but many have had to fight fires they never expected. Continue reading 6 CISOs share their game plans for a post-pandemic world

Emergence’s Jason Green joins TC Sessions: Enterprise this September

Picking winners from the herd of early-stage enterprise startups is challenging — so much competition, so many disruptive technologies, including mobile, cloud and AI. One investor who has consistently identified winners is Jason Green, founder and general partner at Emergence, and TechCrunch is very pleased to announce that he will join the investor panel at […] Continue reading Emergence’s Jason Green joins TC Sessions: Enterprise this September

GE’s digital future looking murkier with move to spin off Industrial IoT biz

When I visited the GE Global Research Center in Niskayuna, New York in April 2017, I thought I saw a company that was working hard to avoid disruption, but perhaps the leafy campus, the labs and experimental projects hid much larger problems inside the company. Yesterday GE announced that it is spinning out its Industrial IoT […] Continue reading GE’s digital future looking murkier with move to spin off Industrial IoT biz

GE acquires Wise.io to deepen its machine learning stack

View of the logo at the entrance of General Electric (GE) Celma, GE's aviation engine overhaul facility in Petropolis, Rio de Janeiro, Brazil on June 8, 2016. / AFP / YASUYOSHI CHIBA GE Digital today announced that it has acquired Wise.io, a machine-learning powered service that helps businesses find patterns and trends in their vast data stores. At first glance, that may seem like an odd acquisition for a company like GE. It’s important to keep in mind, though, that with Predix, GE already offers its customers a service that focuses on helping them monitor their… Read More Continue reading GE acquires Wise.io to deepen its machine learning stack

GE Digital snags ServiceMax for $915 million

GE headquarters in Boston GE Digital announced today it was buying ServiceMax, a cloud-based field service management company, for $915 million. GE Ventures had been an investor in the company as part of the $82 million Series F round in 2015. The two companies have more in common than you might think. GE is building the Predix Platform, on top of which it hopes companies will build applications that take advantage… Read More Continue reading GE Digital snags ServiceMax for $915 million