TechChrounch

Startup and Technology News
  1. Oracle is suing the US government over $10B Pentagon JEDI cloud contract process

    Oracle filed suit in federal court last week alleging yet again that the decade-long $10 billion Pentagon JEDI contract with its single-vendor award is unfair and illegal. The complaint, which has been sealed at Oracle’s request, is available in the public record with redactions. If all of this sounds familiar, it’s because it’s the same argument the […]
  2. Tigera raises $30M Series B for its Kubernetes security and compliance platform

    Tigera, a startup that offers security and compliance solutions for Kubernetes container deployments, today announced that it has raised a $30 million Series B round led by Insight Venture Partners. Existing investors Madrona, NEA and Wing also participated in this round. Like everybody in the Kubernetes ecosystem, Tigera is exhibiting at KubeCon this week, so […]
  3. AI-powered knowledge-sharing platform Guru raises $25 million Series B

    Guru, the enterprise-focused information-sharing platform, has today announced the close of a $25 million Series B funding led by Thrive Capital, with participation from existing investors Emergence Capital, FirstMark Capital, Slack Fund and Michael Dell’s MSD Capital. Guru came on to the scene in 2013 with the premise that organizations are not so great at […]
  4. AtScale lands $50 million investment led by Morgan Stanley

    AtScale, the startup that helps companies move massive amounts of data into business intelligence and analytics tools, announced a $50 million Series D round today. Morgan Stanley led the round, with previous investors Storm Ventures and Atlantic Bridge joining in. New investor Wells Fargo also participated. The funding comes almost exactly a year after the […]
  5. Software marketplace G2 Crowd acquires Siftery to fold software usage into its dataset

    After raising $55 million in October at a $500 million valuation, business software marketplace G2 Crowd is making its first-ever acquisition to bring more features to its platform. It is acquiring Siftery, a startup that has built its own database of business software not on user reviews, but by providing a service to businesses where it […]
  6. Juniper Square lines up $25M for its real estate investment platform

    Juniper Square, which operates an enterprise software platform for commercial real estate investment firms, raised the funds from Ribbit Capital.
  7. Nexthink raises $85M to monitor and improve ’employee experience’ of apps

    As companies compete for talent, a startup that has built a platform to help ensure that the talent — once it’s working for you — doesn’t get bogged down by IT frustration, has raised a significant round of funding. Lausanne, Switzerland-based Nexthink has nailed down $85 million in funding led by Index Ventures (which has […]
  8. Dell’s long game is in hybrid and private clouds

    When Dell voted to buy back the VMware tracking stock and go public again this morning, you had to be wondering what exactly the strategy was behind these moves. While it’s clearly about gaining financial flexibility, the $67 billion EMC deal has always been about setting up the company for a hybrid and private cloud […]
  9. The Cloud Native Computing Foundation adds etcd to its open-source stable

    The Cloud Native Computing Foundation (CNCF), the open-source home of projects like Kubernetes and Vitess, today announced that its technical committee has voted to bring a new project on board. That project is etcd, the distributed key-value store that was first developed by CoreOS (now owned by Red Hat, which in turn will soon be […]
  10. Dell votes to buy back VMware tracking stock and go public again

    Dell announced it has agreed to buy back the VMware tracking stock from the EMC acquisition. The company confirmed the buy-back price of $120 per share for a total of $23.9 billion. With today’s move, Dell will return to being publicly traded starting on December 28th. Sixty-one percent of shareholders voted in favor of the deal. It’s […]
  11. TechSee nabs $16M for its customer support solution built on computer vision and AR

    Chatbots and other AI-based tools have firmly found footing in the world of customer service, used either to augment or completely replace the role of a human responding to questions and complaints, or (sometimes, annoyingly, at the same time as the previous two functions) sell more products to users. Today, an Israeli startup called TechSee […]
  12. InVision, valued at $1.9 billion, picks up $115 million Series F

    “The screen is becoming the most important place in the world,” says InVision CEO and founder Clark Valberg . In fact, it’s hard to get through a conversation with him without hearing it. And, considering that his company has grown to $100 million in annual recurring revenue, he has reason to believe his own affirmation. […]
  13. Kong launches its fully managed API platform

    API platform Kong, which you may remember under its previous name of Mashape, is launching its new Kong Cloud service today. Kong Cloud is the company’s fully managed platform for securing, connecting and orchestrating APIs. Enterprises can deploy it to virtually any major cloud platform, including AWS, Azure and Google Cloud, and Kong will handle […]
  14. Trello acquires Butler to add power of automation

    Trello, the organizational tool owned by Atlassian, announced an acquisition of its very own this morning when it bought Butler for an undisclosed amount. What Butler brings to Trello is the power of automation, stringing together a bunch of commands to make something complex happen automatically. As Trello’s Michael Pryor pointed out in a blog […]
  15. Why you need a supercomputer to build a house

    When the hell did building a house become so complicated? Don’t let the folks on HGTV fool you. The process of building a home nowadays is incredibly painful. Just applying for the necessary permits can be a soul-crushing undertaking that’ll have you running around the city, filling out useless forms, and waiting in motionless lines […]
  16. Pivotal announces new serverless framework

    Pivotal has always been about making open-source tools for enterprise developers, but surprisingly, up until now, the arsenal has lacked a serverless component. That changed today with the alpha launch of Pivotal Function Service. “Pivotal Function Service is a Kubernetes-based, multi-cloud function service. It’s part of the broader Pivotal vision of offering you a single […]
  17. IBM selling Lotus Notes/Domino business to HCL for $1.8B

    IBM announced last night that it is selling the final components from its 1995 acquisition of Lotus to Indian firm HCL for $1.8 billion. IBM paid $3.5 billion for Lotus back in the day. The big pieces here are Lotus Notes, Domino and Portal. These were a big part of IBM’s enterprise business for a long […]
  18. Contentful raises $33.5M for its headless CMS platform

    Contentful, a Berlin- and San Francisco-based startup that provides content management infrastructure for companies like Spotify, Nike, Lyft and others, today announced that it has raised a $33.5 million Series D funding round led by Sapphire Ventures, with participation from OMERS Ventures and Salesforce Ventures, as well as existing investors General Catalyst, Benchmark, Balderton Capital and Hercules. In […]
  19. Looker snags $103 million investment on $1.6 billion valuation

    Looker has been helping customers visualize and understand their data for seven years, and today it got a big reward, a $103 million Series E investment on a $1.6 billion valuation. The round was led by Premji Invest, with new investment from Cross Creek Advisors and participation from the company’s existing investors. With today’s investment, […]
  20. LeanIX, the SaaS that lets enterprises map out their software architecture, closes $30M Series C

    LeanIX, the Software-as-a-Service for “Enterprise Architecture Management,” has closed $30 million in Series C funding. The round is led by Insight Venture Partners, with participation from previous investors Deutsche Telekom Capital Partners (DTCP), Capnamic Ventures and Iris Capital. It brings LeanIX’s total funding to nearly $40 million since the German company was founded in 2012. […]
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