UpKeep raises $36 million Series B to help facilities and maintenance teams go mobile

May 12, 2020 at 02:00PM UpKeep, a mobile-first platform for maintenance and operations collaboration, has today announced the close of a $36 million Series B financing round. The round was led by Insight Partners, with participation from existing investors Emergence Capital, Battery Ventures, Y Combinator, Mucker Capital and Fundersclub. UpKeep was founded by Ryan Chan.Continue reading “UpKeep raises $36 million Series B to help facilities and maintenance teams go mobile”

SiMa.ai announces $30M Series A to build out lower-power edge chip solution

May 12, 2020 at 02:00PM Krishna Rangasayee, founder and CEO, at SiMa.ai, has 30 years of experience in the semiconductor industry. He decided to put that experience to work in a startup and launched SiMa.ai last year with the goal of building an ultra low-power software and chip solution for machine learning at the edge.Continue reading “SiMa.ai announces $30M Series A to build out lower-power edge chip solution”

Microsoft partners with Redis Labs to improve its Azure Cache for Redis

May 12, 2020 at 02:00PM For a few years now, Microsoft has offered Azure Cache for Redis, a fully managed caching solution built on top of the open-source Redis project. Today, it is expanding this service by adding Redis Enterprise, Redis Lab’s commercial offering, to its platform. It’s doing so in partnership with Redis LabsContinue reading “Microsoft partners with Redis Labs to improve its Azure Cache for Redis”

Amazon releases Kendra to solve enterprise search with AI and machine learning

May 11, 2020 at 10:40PM Enterprise search has always been a tough nut to crack. The holy grail has always been to operate like Google, but in-house. You enter a few keywords and you get back that nearly perfect response at the top of the list of the results. The irony of trying to doContinue reading “Amazon releases Kendra to solve enterprise search with AI and machine learning”

MemSQL raises $50M in debt facility for its real-time database platform

May 11, 2020 at 03:46PM As a number of startups get back into fundraising in earnest, one that is on a growth tear has closed a substantial debt round to hold on to more equity in the company as it inches to being cash-flow positive. MemSQL — the relational, real-time database used by organisations toContinue reading “MemSQL raises $50M in debt facility for its real-time database platform”

Docket, a platform for organizing meeting agendas and notes, wins Zoom’s Marketplace App competition

May 11, 2020 at 02:00PM In an episode of Extra Crunch Live last week, Roelof Botha expressed excitement not only about the shift to teleconference platforms like Zoom, but the apps and bots that may spring up on top of the Zoom ecosystem. Interestingly, Zoom just announced the results of its Marketplace App competition, withContinue reading “Docket, a platform for organizing meeting agendas and notes, wins Zoom’s Marketplace App competition”

Sequoia’s Roelof Botha is more optimistic about startups today than he was a year ago

May 10, 2020 at 04:00PM “I just think change unfairly favors the startup, the nimble small company,” says Roelof Botha. The Sequoia partner, whose portfolio includes Unity, 23andMe, Instagram, Instacart, Xoom and YouTube, says he’s hopeful about the opportunities this pandemic has created for companies across a variety of sectors, including healthcare, cloud computing, socialContinue reading “Sequoia’s Roelof Botha is more optimistic about startups today than he was a year ago”

Microsoft and AWS exchange poisoned pen blog posts in latest Pentagon JEDI contract spat

May 08, 2020 at 02:18PM Microsoft and Amazon are at it again as the fight for the Defense Department JEDI contract continues. In a recent series of increasingly acerbic pronouncements, the two companies continue their ongoing spat over the $10 billion, decade-long JEDI contract spoils. As you may recall (or not), last fall in aContinue reading “Microsoft and AWS exchange poisoned pen blog posts in latest Pentagon JEDI contract spat”

Health APIs usher in the patient revolution we have been waiting for

May 07, 2020 at 11:23PM Rish Joshi Contributor Rish is an entrepreneur and investor. Previously, he was a VC at Gradient Ventures (Google’s AI fund), co-founded a fintech startup building an analytics platform for SEC filings and worked on deep-learning research as a graduate student in computer science at MIT. More posts by this contributorContinue reading “Health APIs usher in the patient revolution we have been waiting for”

VC’s largest funds make big bets on vertical B2B marketplaces

May 07, 2020 at 10:10PM During the waning days of the first dot-com boom, some of the biggest names in venture capital invested in marketplaces and directories whose sole function was to consolidate information and foster transparency in industries that had remained opaque for decades. The thesis was that thousands of small businesses were makingContinue reading “VC’s largest funds make big bets on vertical B2B marketplaces”

Zoom consultant Alex Stamos weighs in on Keybase acquisition

May 07, 2020 at 07:39PM When Zoom started having security issues in March, they turned to former Facebook and Yahoo! Security executive Alex Stamos, who signed on as a consultant to work directly with CEO Eric Yuan. The goal was to build a more cohesive security strategy for the fast-growing company. One of the recommendationsContinue reading “Zoom consultant Alex Stamos weighs in on Keybase acquisition”

As private investment cools, enterprise startups may try tapping corporate dollars

May 07, 2020 at 07:07PM Founders hunting down capital in the middle of this pandemic may feel like they’re on a fool’s errand, but some investors are still offering financing, even if the terms might not be as good as they once were. One avenue that appears to remain open: corporate venture capital. The corporateContinue reading “As private investment cools, enterprise startups may try tapping corporate dollars”

Daily Crunch: Zoom acquires security startup Keybase

May 07, 2020 at 05:17PM Zoom acquires some encryption expertise, Uber makes a big investment in scooters and we review the new 13-inch Macbook Pro. Here’s your Daily Crunch for May 7, 2020. 1. Zoom acquires Keybase to get end-to-end encryption expertise Keybase, whose encryption products include secure file sharing and collaboration tools, should giveContinue reading “Daily Crunch: Zoom acquires security startup Keybase”

Zoom acquires Keybase to get end-to-end encryption expertise

May 07, 2020 at 02:49PM Zoom announced this morning that it has acquired Keybase, a startup with encryption expertise. It did not reveal the purchase price. Keybase, which has been building encryption products for several years including secure file sharing and collaboration tools, should give Zoom some security credibility as it goes through pandemic demandContinue reading “Zoom acquires Keybase to get end-to-end encryption expertise”

Harbr emerges from stealth to help build online data marketplaces

May 07, 2020 at 02:39PM Harbr co-founder Anthony Cosgrove has been working with data for over 15 years, so he has an inkling of some of the problems associated with pulling data together in a way that makes it easy for others to consume, whether internally or externally. Like many entrepreneurs before him, he decidedContinue reading “Harbr emerges from stealth to help build online data marketplaces”

Box makes quick decision to add new collaboration capabilities in face of pandemic

May 07, 2020 at 01:00PM When the shutdown began six weeks ago, the powers that be at Box sat down for a meeting to discuss the situation. They weren’t in the same room of course. They were like everyone else, separated by the virus, but they saw this as a key moment for Box asContinue reading “Box makes quick decision to add new collaboration capabilities in face of pandemic”

Dtex, a specialist in insider threat cybersecurity, raises $17.5M

May 07, 2020 at 11:07AM A lot of enterprise cybersecurity efforts focus on malicious hackers that work on behalf of larger organizations, be they criminal groups or state actors — and for good reason, since the majority of incidents these days come from phishing and other malicious techniques that originate outside the enterprise itself. ButContinue reading “Dtex, a specialist in insider threat cybersecurity, raises $17.5M”

Enterprise companies find MLOps critical for reliability and performance

May 06, 2020 at 10:28PM Rish Joshi Contributor Rish is an entrepreneur and investor. Previously, he was a VC at Gradient Ventures (Google’s AI fund), co-founded a fintech startup building an analytics platform for SEC filings and worked on deep-learning research as a graduate student in computer science at MIT. Enterprise startups UIPath and ScaleContinue reading “Enterprise companies find MLOps critical for reliability and performance”

Equinix just recorded its 69th straight positive quarter

May 06, 2020 at 10:22PM There’s something to be said for consistency through good times and bad, and one company that has had a staggeringly consistent track record is international data center vendor, Equinix. It just recorded its 69th straight positive quarter, according to the company. That’s an astonishing record, and covers over 17 yearsContinue reading “Equinix just recorded its 69th straight positive quarter”

Confluent introduces scale on demand for Apache Kafka cloud customers

May 06, 2020 at 07:00PM We find ourselves in a time when certain businesses are being asked to scale to levels they never imagined. Sometimes that increased usage comes in bursts, which means you don’t want to pay for permanent extra capacity you might not always need. Today, Confluent introduced a new scale on demandContinue reading “Confluent introduces scale on demand for Apache Kafka cloud customers”

Microsoft to open first data center in New Zealand as cloud usage grows

May 06, 2020 at 05:47PM In spite of being in the midst of a pandemic sowing economic uncertainty, one area that continues to thrive is cloud computing. Perhaps that explains why Microsoft, which saw Azure grow 59% in its most recent earnings report, announced plans to open a new data center in New Zealand onceContinue reading “Microsoft to open first data center in New Zealand as cloud usage grows”

GitHub gets a built-in IDE with Codespaces, discussion forums and more

May 06, 2020 at 05:30PM Under different circumstances, GitHub would be hosting its Satellite conference in Paris this week. Like so many other events, GitHub decided to switch Satellite to a virtual event, but that isn’t stopping the Microsoft-owned company from announcing quite a bit of news this week. The highlight of GitHub’s announcement isContinue reading “GitHub gets a built-in IDE with Codespaces, discussion forums and more”

Run:AI brings virtualization to GPUs running Kubernetes workloads

May 06, 2020 at 02:00PM In the early 2000s, VMware introduced the world to virtual servers that allowed IT to make more efficient use of idle server capacity. Today, Run:AI is introducing that same concept to GPUs running containerized machine learning projects on Kubernetes. This should enable data science teams to have access to moreContinue reading “Run:AI brings virtualization to GPUs running Kubernetes workloads”