Categories Cloud

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4 key areas SaaS startups must address to scale infrastructure for the enterprise

Prashant Pandey Contributor Share on Twitter Prashant Pandey is the head of engineering at Asana, a leading work management platform for teams. Prior to Asana, Prashant started and led the Bay Area team building Amazon DynamoDB, a fully managed NoSQL database service. Startups and SMBs are usually the first to […]

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Serverless Stack raises $1M for open-source application framework

Open-source framework startup Serverless Stack announced Friday that it raised $1 million in seed funding from a group of investors that includes Greylock Partners, SV Angel and Y Combinator. The company was founded in 2017 by Jay V and Frank Wang in San Francisco, and they were part of Y […]

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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 […]

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Could Cloud PCs be Microsoft’s gateway to Chromebook-like hardware?

When Microsoft announced this morning that it was releasing a cloud PC service called Windows 365, it got me thinking. While Windows 365 is about packaging a virtual Windows business desktop in a cloud context, if you think about the announcement in a different way, perhaps it could herald the […]

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Cloud security platform Netskope boosts valuation to $7.5B following $300M raise

Netskope, focused on Secure Access Service Edge architecture, announced Friday a $300 million investment round on a post-money valuation of $7.5 billion. The oversubscribed insider investment was led by ICONIQ Growth, which was joined by other existing investors, including Lightspeed Venture Partners, Accel, Sequoia Capital Global Equities, Base Partners, Sapphire […]

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Box takes fight with activist investor public in SEC filing

The war between Box’s current leadership and activist shareholder Starboard took a new turn today with a detailed timeline outlining the two groups’ relationship, thanks to an SEC filing and companion press release. Box is pushing back against a slate of board candidates put forth by Starboard, which wants to shake up […]

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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 Hat 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 […]

Edge Delta raises $15M Series A to take on Splunk

Seattle-based Edge Delta, a startup that is building a modern distributed monitoring stack that is competing directly with industry heavyweights like Splunk, New Relic and Datadog, today announced that it has raised a $15 million Series A funding round led by Menlo Ventures and Tim Tully, the former CTO of […]

Want in on the next $100B in cybersecurity?

Kara Nortman Contributor Share on Twitter Kara Nortman is a partner at Upfront Ventures. More posts by this contributor Bring CISOs into the C-suite to bake cybersecurity into company culture Data is the world’s most valuable (and vulnerable) resource As a Battery Ventures associate in 1999, I used to spend […]

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CEO Shishir Mehrotra and investor S. Somasegar reveal what sings in Coda’s pitch doc

Coda entered the market with an ambitious, but simple, mission. Since launching in 2014, it has seemingly forged a path to realizing its vision with $140 million in funding and 25,000 teams across the globe using the platform. Coda is simple in that its focus is on the document, one […]