TechChrounch

Startup and Technology News
  1. Amazon migrates more than 100 consumer services from Oracle to AWS databases

    AWS and Oracle love to take shots at each other, but as much as Amazon has knocked Oracle over the years, it was forced to admit that it was in fact a customer. Today in a company blog post, the company announced it was shedding Oracle for AWS databases, and had effectively turned off its […]
  2. Why it might have been time for new leadership at SAP

    SAP CEO Bill McDermott announced he was stepping down last night after a decade at the helm in an announcement that shocked many. It’s always tough to measure the performance of an enterprise leader when he or she leaves. Some people look at stock price over their tenure. Some at culture. Some at the acquisitions […]
  3. Descartes Labs snaps up $20M more for its AI-based geospatial imagery analytics platform

    Satellite imagery holds a wealth of information that could be useful for industries, science and humanitarian causes, but one big and persistent challenge with it has been a lack of effective ways to tap that disparate data for specific ends. That’s created a demand for better analytics, and now, one of the startups that has […]
  4. SAP’s Bill McDermott on stepping down as CEO

    SAP’s CEO Bill McDermott today announced that he wouldn’t seek to renew his contract for the next year and would step down immediately after nine years at the helm of the German enterprise giant. Shortly after the announcement, I talked to McDermott, as well as SAP’s new co-CEOs Jennifer Morgan and Christian Klein. During the […]
  5. Bill McDermott steps down as SAP’s CEO

    SAP today announced that Bill McDermott, its CEO for the last nine years, is stepping down immediately. The company says he decided not to renew his contract. SAP Executive Board members Jennifer Morgan and Christian Klein have been appointed co-CEOs. McDermott, who started his business career as a deli owner in Amityville, Long Island and […]
  6. Top VCs, founders share how to build a successful SaaS company

    Last week at TechCrunch Disrupt in San Francisco, we hosted a panel on the Extra Crunch stage on “How to build a billion-dollar SaaS company.” A better title probably would have been “How to build a successful SaaS company.” We spoke to Whitney Bouck, COO at HelloSign; Jyoti Bansal, CEO and founder at Harness, and […]
  7. Flaw in Cyberoam firewalls exposed corporate networks to hackers

    Sophos said it is fixing a vulnerability in its Cyberoam firewall appliances, which a security researcher says can allow an attacker to gain access to a company’s internal network without needing a password. The vulnerability allows an attacker to remotely gain “root” permissions on a vulnerable device, giving them the highest level of access, by […]
  8. Xage now supports hierarchical blockchains for complex implementations

    Xage is working with utilities, energy companies and manufacturers to secure their massive systems, and today it announced some significant updates to deal with the scale and complexity of these customers’ requirements, including a new hierarchical blockchain. Xage enables customers to set security policy, then enforce that policy on the blockchain. Company CEO Duncan Greatwood […]
  9. Salesforce adds integrated order management system to its arsenal

    Salesforce certainly has a lot of tools crossing the sales, service and marketing categories, but until today when it announced Lightning Order Management, it lacked an integration layer that allowed companies to work across these systems to manage orders in a seamless way. “This is a new product built from the ground up on the […]
  10. Clari snags $60M Series D on valuation of around $500M

    Clari uses AI to help companies find key information like the customers most likely to convert, the state of orders in the sales process or the next big sources of revenue. As its revenue management system continues to flourish, the company announced a $60 million Series D investment today. Sapphire Ventures led the round with […]
  11. Okta wants to make every user a security ally

    End users tend to get a bad rap in the security business because they are often the weakest security link. They fall for phishing schemes, use weak passwords and often unknowingly are the conduit for malicious actors getting into your company’s systems. Okta wants to change that by giving end users information about suspicious activity […]
  12. Suse’s OpenStack Cloud dissipates

    Suse, the newly independent open-source company behind the eponymous Linux distribution and an increasingly large set of managed enterprise services, today announced a bit of a new strategy as it looks to stay on top of the changing trends in the enterprise developer space. Over the course of the last few years, Suse put a […]
  13. Arm brings custom instructions to its embedded CPUs

    At its annual TechCon event in San Jose, Arm today announced Custom Instructions, a new feature of its Armv8-M architecture for embedded CPUs that, as the name implies, enables its customers to write their own custom instructions to accelerate their specific use cases for embedded and IoT applications. “We already have ways to add acceleration, […]
  14. Nadella warns government conference not to betray user trust

    Microsoft CEO Satya Nadella, delivering the keynote at the Microsoft Government Leaders Summit in Washington, DC today, had a message for attendees to maintain user trust in their tools technologies above all else. He said it is essential to earn user trust, regardless of your business. “Now, of course, the power law here is all […]
  15. Facebook’s Workplace hits 3M paying users, launches Portal app in a wider push for video

    The rapid rise of Slack — which has recently broken the 100,000 mark for paying businesses using its service — has ushered in a rush of competition from other companies across the worlds of social media and enterprise software, all aiming to become the go-to conversation layer for businesses. Today, Workplace, Facebook’s effort in that […]
  16. Satya Nadella looks to the future with edge computing

    Speaking today at the Microsoft Government Leaders Summit in Washington, DC, Microsoft CEO Satya Nadella made the case for edge computing, even while pushing the Azure cloud as what he called “the world’s computer.” While Amazon, Google and other competitors may have something to say about that, marketing hype aside, many companies are still in […]
  17. Forward Networks raises $35M to help enterprises map, track and predict their networks’ behavior

    Security breaches and other activities that cause network surges and outages are all on the rise in the enterprise, and today, a startup called Forward Networks, which has built a clever way to help businesses monitor their network traffic to identify when things are going wrong, has raised a round of $35 million to continue […]
  18. 83North closes $300M fifth fund focused on Europe, Israel

    83North has closed its fifth fund, completing an oversubscribed $300 million raise and bringing its total capital under management to $1.1BN+. The VC firm, which spun out from Silicon Valley giant Greylock Partners in 2015 — and invests in startups in Europe and Israel, out of offices in London and Tel Aviv — last closed […]
  19. Annual Extra Crunch members can receive $1,000 in AWS credits

    We’re excited to announce a new partnership with Amazon Web Services for annual members of Extra Crunch. Starting today, qualified annual members can receive $1,000 in AWS credits. You also must be a startup founder to claim this Extra Crunch community perk. AWS is the premier service for your application hosting needs, and we want […]
  20. T4 wants to transform market research data with a combination of AI and humans

    When T4 co-founder and CEO Maks Khurgin was working at Bain and Company, he ran into a common problem for analysts looking for market data. He spent way too much time searching for it and felt there had to be a better way. He decided to build a centralized market data platform himself, and T4 […]
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