Cockroach Labs scores $86.6M Series D as scalable database resonates

May 05, 2020 at 02:00PM Cockroach Labs, the NYC enterprise database company, announced an $86.6 million Series D funding round today. The company was in no mood to talk valuations, but was happy to have a big chunk of money to help build on its recent success and ride out the current economic malaise. AltimeterContinue reading “Cockroach Labs scores $86.6M Series D as scalable database resonates”

Orca Security raises $20M Series A for its multi-cloud security platform

May 05, 2020 at 01:00PM Orca Security, an Israeli cloud security firm that focuses on giving enterprises better visibility into their multi-cloud deployments on AWS, Azure and GCP, today announced that it has raised a $20 million Series A round led by GGV Capital. YL Ventures and Silicon Valley CISO Investments also participated in thisContinue reading “Orca Security raises $20M Series A for its multi-cloud security platform”

IBM and Red Hat expand their telco, edge and AI enterprise offerings

May 05, 2020 at 05:01AM At its Think Digital conference, IBM and Red Hat today announced a number of new services that all center around 5G edge and AI. The fact that the company is focusing on these two areas doesn’t come as a surprise, given that both edge and AI are two of theContinue reading “IBM and Red Hat expand their telco, edge and AI enterprise offerings”

All product creators can learn something from Jackbox Games’ user experiences

May 04, 2020 at 11:03PM Jason Shen Contributor Share on Twitter Jason Shen is a three-time startup founder and the CEO of Midgame, a gaming technology company backed by Techstars and Betaworks. More posts by this contributor Cultivating adaptability is a pandemic coping skill During this period of shelter-in-place, people have had to seek outContinue reading “All product creators can learn something from Jackbox Games’ user experiences”

Nvidia acquires Cumulus Networks

May 04, 2020 at 06:12PM Nvidia today announced its plans to acquire Cumulus Networks, an open-source centric company that specializes in helping enterprises optimize their data center networking stack. Cumulus offers both its own Linux distribution for network switches, as well as tools for managing network operations. With Cumulus Express, the company also offers aContinue reading “Nvidia acquires Cumulus Networks”

Decrypted: Chegg’s third time unlucky, Okta’s new CSO Rapid7 beefs up cloud security

May 04, 2020 at 04:01PM Ransomware is getting sneakier and smarter. The latest example comes from ExecuPharm, a little-known but major outsourced pharmaceutical company that confirmed it was hit by a new type of ransomware last month. The incursion not only encrypted the company’s network and files, hackers also exfiltrated vast amounts of data fromContinue reading “Decrypted: Chegg’s third time unlucky, Okta’s new CSO Rapid7 beefs up cloud security”

In spite of pandemic (or maybe because of it), cloud infrastructure revenue soars

May 01, 2020 at 03:24PM It’s fair to say that even before the impact of COVID-19, companies had begun a steady march to the cloud. Maybe it wasn’t fast enough for AWS, as Andy Jassy made clear in his 2019 Re:invent keynote, but it was happening all the same and the steady revenue increases acrossContinue reading “In spite of pandemic (or maybe because of it), cloud infrastructure revenue soars”

AWS hits $10B for the quarter putting it on a $40B run rate

April 30, 2020 at 09:39PM AWS, the cloud arm of Amazon would be a pretty successful business on its own. Today, the company announced it has passed $10 billion for the quarter, putting the cloud business on an impressive run rate of more than $40 billion. It was a bright spot for the company inContinue reading “AWS hits $10B for the quarter putting it on a $40B run rate”

New Red Hat CEO Paul Cormier faces a slew of challenges in the midst of pandemic

April 30, 2020 at 09:01PM When former Red Hat CEO Jim Whitehurst moved on to become president at parent company IBM earlier this month, the logical person to take his place was long-time executive Paul Cormier. As he takes over in the most turbulent of times, he still sees a company that is in theContinue reading “New Red Hat CEO Paul Cormier faces a slew of challenges in the midst of pandemic”

Figma raises $50 million Series D led by Andreessen Horowitz

April 30, 2020 at 06:10PM Figma, the design platform that lets folks work collaboratively and in the cloud, has today announced the close of a $50 million Series D financing. The round was led by Andreessen Horowitz, with partner Peter Levine and cofounding partner Marc Andreessen managing the deal for the firm. New angel investors,Continue reading “Figma raises $50 million Series D led by Andreessen Horowitz”

Material Bank, a logistics platform for sourcing architectural and design samples, raises $28M

April 30, 2020 at 03:00PM Material Bank, a logistics platform for the architectural and design industry, has announced the close of a $28 million Series B financing today, led by Bain Capital Ventures. Bain’s Merritt Hummer led the round on behalf of the firm and will join the board of directors at Material Bank, alongContinue reading “Material Bank, a logistics platform for sourcing architectural and design samples, raises $28M”

Okta COVID-19 app usage report finds it’s not just collaboration seeing a huge uptick

April 30, 2020 at 02:30PM Okta released a special COVID-19 edition of its app usage report today, and you don’t need a Ph. D. in statistics to guess what they found. Indeed, Zoom surged 110% on the Okta network, leading the way in usage growth just as you would expect, but another whole class ofContinue reading “Okta COVID-19 app usage report finds it’s not just collaboration seeing a huge uptick”

Microsoft makes it easier to get started with Windows Virtual Desktops

April 30, 2020 at 02:00PM Microsoft today announced a slew of updates to various parts of its Microsoft 365 ecosystem. A lot of these aren’t all that exciting (though that obviously depends on your level of enthusiasm for products like Microsoft Endpoint Manager), but the overall thrust behind this update is to make life easierContinue reading “Microsoft makes it easier to get started with Windows Virtual Desktops”

Atlassian cofounder and co-CEO Mike Cannon-Brookes is coming to Disrupt SF 2020

April 29, 2020 at 03:42PM Atlassian is about as ubiquitous to software engineers as Google is to the rest of us. The Sydney-based company, which launched in 2002, develops tools and services for enterprise collaboration and marched efficiently to a public offering in 2015. So it goes without saying that we’re thrilled to have AtlassianContinue reading “Atlassian cofounder and co-CEO Mike Cannon-Brookes is coming to Disrupt SF 2020”

Puppet names former Cloud Foundry Foundation executive director Abbey Kearns as CTO

April 29, 2020 at 02:00PM Puppet, the Portland-based infrastructure automation company, today announced that it has named former Cloud Foundry Foundation executive director Abby Kearns as its new CTO. She’s replacing Deepak Giridharagopal, who became CTO in 2016. Kearns stepped down from her role at the Cloud Foundry Foundation earlier this month after holding thatContinue reading “Puppet names former Cloud Foundry Foundation executive director Abbey Kearns as CTO”

Google is making Meet free for everyone

April 29, 2020 at 11:00AM Google today announced that it is making Meet, its video meeting tool for businesses that directly competes with the likes of Zoom, available for free to everyone. Until now, you could participate in a Meet call without being a paying user, but you needed a paid G Suite account toContinue reading “Google is making Meet free for everyone”

Rapid7 is acquiring DivvyCloud for $145M to beef up cloud security

April 28, 2020 at 09:05PM Rapid7 announced today after the closing bell that it will be acquiring DivvyCloud, a cloud security and governance startup for $145 million in cash and stock. With Divvy, the company moves more deeply into the cloud, something that Lee Weiner, chief innovation officer says the company has been working towards,Continue reading “Rapid7 is acquiring DivvyCloud for $145M to beef up cloud security”

Spark fast follows with a $25M Series B round into customer success platform Catalyst

April 28, 2020 at 04:00PM The world has been turned upside down the past few weeks, but one lesson of business remains as important as ever: treating your customers well is the best avenue to future business strength, particularly at a moment of extreme stress. As businesses come to terms with the economic crisis underway,Continue reading “Spark fast follows with a $25M Series B round into customer success platform Catalyst”

In surprise choice, Zoom hitches wagon to Oracle for growing infrastructure needs

April 28, 2020 at 03:43PM With the company growing in leaps and bounds, Zoom went shopping for a cloud infrastructure vendor to help it with its growing scale problem. In a surprising choice, the company went with Oracle Cloud Infrastructure. Zoom has become the go-to video conferencing service as much of the world has shutContinue reading “In surprise choice, Zoom hitches wagon to Oracle for growing infrastructure needs”

Celonis pushes beyond process mining into automated workflow tooling

April 28, 2020 at 03:15PM Celonis has made its name as a process discovery company, helping companies understand the way work flows through its systems to expose inefficiencies, but up until now the company has left it to others to solve those problems. Today it announced the first products that help companies improve those workflowsContinue reading “Celonis pushes beyond process mining into automated workflow tooling”

Tecton.ai emerges from stealth with $20M Series A to build machine learning platform

April 28, 2020 at 03:00PM Three former Uber engineers, who helped build the company’s Michelangelo machine learning platform, left the company last year to form Tecton.ai and build an operational machine learning platform for everyone else. Today the company announced a $20 million Series A from a couple of high-profile investors. Andreessen Horowitz and SequoiaContinue reading “Tecton.ai emerges from stealth with $20M Series A to build machine learning platform”

Checkly raises $2.25M seed round for its monitoring and testing platform

April 28, 2020 at 01:00PM Checkly, a Berlin-based startup that is developing a monitoring and testing platform for DevOps teams, today announced that it has raised a $2.25 million seed round led by Accel. A number of angel investors, including Instana CEO Mirko Novakovic, Zeit CEO Guillermo Rauch and former Twilio CTO Ott Kaukver, alsoContinue reading “Checkly raises $2.25M seed round for its monitoring and testing platform”

SkyCell raises $62M for smart containers and analytics to transport pharmaceuticals

April 28, 2020 at 11:55AM While human travel has become severely restricted in recent months, the movement of goods has remained a constant priority — and in some cases, has become even more urgent. Today, a startup out of Switzerland that builds hardware and operates a logistics network designed to transport one item in particularContinue reading “SkyCell raises $62M for smart containers and analytics to transport pharmaceuticals”