TechChrounch

1. Shift Technology raises $220M at a $1B+ valuation to fight insurance fraud with AI

   While incumbent insurance providers continue to get disrupted by startups like Lemonade, Alan, Clearcover, Pie and many others applying tech to rethink how to build a business around helping people and companies mitigate against risks with some financial security, one issue that has not disappeared is fraud. Today, a startup out of France is announcing […]

2. Emerging open cloud security framework has backing of Microsoft, Google and IBM

   Each of the big cloud platforms has its own methodology for passing on security information to logging and security platforms, leaving it to the vendors to find proprietary ways to translate that into a format that works for their tool. The Cloud Security Notification Framework (CSNF), a new working group that includes Microsoft, Google and […]

3. Timescale grabs $40M Series B as it goes all in on cloud version of time series database

   Timescale, makers of the open-source TimescaleDB time series database, announced a $40 million Series B financing round today. The investment comes just over two years after it got a $15 million Series A. Redpoint Ventures led today’s round, with help from existing investors Benchmark, New Enterprise Associates, Icon Ventures and Two Sigma Ventures. The company […]

4. Cymulate nabs $45M to test and improve cybersecurity defenses via attack simulations

   With cybercrime on course to be a $6 trillion problem this year, organizations are throwing ever more resources at the issue to avoid being a target. Now, a startup that’s built a platform to help them stress-test the investments that they have made into their security IT is announcing some funding on the back of […]

5. Evening Fund debuts with $2M micro fund focused on investments between $50K and $100K

   We tend to think of venture capital in tens or hundreds of millions, even billions of dollars, so it’s refreshing to find Evening Fund, a new $2 million micro fund that focuses on small investments between $50,000 and $100,000 as it seeks to help young startups with early funding. The new fund was launched by […]

6. SAP CEO Christian Klein looks back on his first year

   As he looked back on the one-year mark, Klein sat down to discuss the unique set of challenges he faced.

7. Starboard Value puts Box on notice that it’s looking to take over board

   Activist investor Starboard Value is clearly fed up with Box and it let the cloud content management know it in no uncertain terms in a letter published yesterday. The firm, which bought a 7.7% stake in Box two years ago, claims the company is underperforming, executing poorly and making bad business decisions — and it […]

8. Dell dumps another big asset, moving Boomi to Francisco Partners and TPG for $4B

   It’s widely known that Dell has a debt problem left over from its massive acquisition of EMC in 2016, and it seems to be moving this year to eliminate part of it in multi-billion-dollar chunks. The first step was spinning out VMware as a separate company last month, a move expected to net close to […]

9. Analytics as a service: Why more enterprises should consider outsourcing

   In today's world, where customers value experiences over transactions, Analytics as a Service helps businesses dig deeper into their psyche and tap insights to build long-term winning strategies.

10. Cloud infrastructure market keeps rolling in Q1 with almost $40B in revenue

    Conventional wisdom over the last year has suggested that the pandemic has driven companies to the cloud much faster than they ever would have gone without that forcing event, with some suggesting it has compressed years of transformation into months. This quarter’s cloud infrastructure revenue numbers appear to be proving that thesis correct. With The […]

11. The health data transparency movement is birthing a new generation of startups

    The recent movement toward data transparency is birthing a new generation of innovation and startups that could ultimately make healthcare better and more transparent for all of us.

12. Developer-focused video platform Mux achieves unicorn status with $105M funding

    Barely more than eight months after announcing a $37 million funding round, Mux has another $105 million. The Series D was led by Coatue and values the company at more than $1 billion (Mux isn’t disclosing the specific valuation). Existing investors Accel, Andreessen Horowitz and Cobalt also participated, as did new investor Dragoneer. Co-founder and […]

13. Healthcare is the next wave of data liberation

    Soon, with the emergence of new market leaders, we’ll be able to access our health records as easily as our bank statements.

14. IBM is acquiring cloud app and network management firm Turbonomic for up to $2B

    IBM today made another acquisition to deepen its reach into providing enterprises with AI-based services to manage their networks and workloads. It announced that it is acquiring Turbonomic, a company that provides tools to manage application performance (specifically resource management), along with Kubernetes and network performance — part of its bigger strategy to bring more […]

15. Wasabi scores $112M Series C on $700M valuation to take on cloud storage hyperscalers

    Taking on Amazon S3 in the cloud storage game would seem to be a fool-hearty proposition, but Wasabi has found a way to build storage cheaply and pass the savings onto customers. Today the Boston-based startup announced a $112 million Series C investment on a $700 million valuation. Fidelity Management & Research Company led the […]

16. Vectra AI picks up $130M at a $1.2B valuation for its network approach to threat detection and response

    Cybersecurity nightmares like the SolarWinds hack highlight how malicious hackers continue to exploit vulnerabilities in software and apps to do their dirty work. Today a startup that’s built a platform to help organizations protect themselves from this by running threat detection and response at the network level is announcing a big round of funding to […]

17. RapidDeploy raises $29M for a cloud-based dispatch platform aimed at 911 centers

    The last year of pandemic living has been real-world, and sometimes harrowing, proof of how important it can be to have efficient and well-equipped emergency response services in place. They can help people remotely if need be, and when they cannot, they make sure that in-person help can be dispatched quickly in medical and other […]

18. DigitalOcean says customer billing data accessed in data breach

    DigitalOcean has emailed customers warning of a data breach involving customers’ billing data, TechCrunch has learned. The cloud infrastructure giant told customers in an email on Wednesday, obtained by TechCrunch, that it has “confirmed an unauthorized exposure of details associated with the billing profile on your DigitalOcean account.” The company said the person “gained access […]

19. Atlassian’s in-house incubator lets employees put their product ideas to work

    Every company wants to maintain that initial spark it had when it was an early-stage startup, but keeping that going as you scale into a public company isn’t always easy. Atlassian is taking a unique approach by opening up product ideas to an internal competition, and actually funding and building the best ones with the […]

20. Atlassian launches a Jira for every team

    Atlassian today announced a new edition of its Jira project management tool, Jira Work Management. The company has long been on a journey of bringing Jira to teams beyond the software development groups it started out with. With Jira Service Management, it is successfully doing that with IT teams. With Jira Core, it also moved […]