Category Archives: Cloud

Portworx raises $27M Series C for its cloud-native data management platform

As enterprises adopt cloud-native technologies like containers to build their applications, the next question they often have to ask themselves is how they adapt their data storage and management practices to this new reality, too. One of the companies in this business is the four-year-old Portworx, which has managed to attract customers like Lufthansa Systems, GE Digital and HPE with its cloud-native storage and data-management platform for the Kubernetes container orchestration platform. Portworx today announced that it has raised a $27 million Series C funding round led […]

Read more

ClimaCell bets on IoT for better weather forecasts

To accurately forecast the weather, you first need lots of data — not just to train your forecasting models but also to generate more precise and granular forecasts. Typically, this has been the domain of government agencies, thanks to their access to this data and the compute power to run the extremely complex models. Anybody can now buy compute power in the cloud, though, and as the Boston and Tel Aviv-based startup ClimaCell is setting out to prove, there are now also plenty of other ways to […]

Read more

WorkClout brings SaaS to factory floor to increase operational efficiency

Factory software tools are often out of reach of small manufacturers, forcing them to operate with inefficient manual systems. WorkClout, a member of the Y Combinator Winter 2019 class, wants to change that by offering a more affordable SaaS alternative to traditional manufacturing software solutions. Company co-founder and CEO Arjun Patel grew up helping out in his Dad’s factory and saw first-hand how difficult it is for small factory owners to automate. He says that traditional floor-management tools are expensive and challenging to implement. “What motivated me […]

Read more

Okta to acquire workflow automation startup Azuqua for $52.5M

During its earnings report yesterday afternoon, Okta announced it intends to acquire Azuqua, a Bellevue, Washington workflow automation startup for $52.5 million. In a blog post announcing the news, Okta co-founder and COO Frederic Kerrest saw the combining of the two companies as a way to move smoothly between applications in a complex workflow without having to constantly present your credentials. “With Okta and Azuqua, IT teams will be able to use pre-built connectors and logic to create streamlined identity processes and increase operational speed. And, product […]

Read more

Remix picks up $15 million to help cities make better decisions around transit

A San Francisco-based startup just raised $15 million to solve the complicated problem of transit infrastructure in urban environments. Remix was founded by Tiffany Chu, Dan Getelman, Danny Whalen, and Sam Hashemi in 2014 following a project they built during their Code For America fellowships. The $15 million Series B round was led by Energy Impact Partners, bringing total funding to $27 million. Remix allows cities to plan public transit infrastructure, quickly computing how a change in a certain bus or train route or the addition of […]

Read more

Scytale grabs $5M Series A for application-to-application identity management

Scytale, a startup that wants to bring identity and access management to application-to-application activities, announced a $5 million Series A round today. The round was led by Bessemer Venture Partners, a return investor that led the company’s previous $3 million round in 2018. Bain Capital Ventures, TechOperators and Work-Bench are also participating in this round. The company wants to bring to applications and services in a cloud native environment the same kind of authentication that individuals are used to having with a tool like Okta. “What we’re […]

Read more

Redis Labs raises a $60M Series E round

Redis Labs, a startup that offers commercial services around the Redis in-memory data store (and which counts Redis creator and lead developer Salvatore Sanfilippo among its employees), today announced that it has raised a $60 million Series E funding round led by private equity firm Francisco Partners. The firm didn’t participate in any of Redis Labs’ previous rounds, but existing investors Goldman Sachs Private Capital Investing, Bain Capital Ventures, Viola Ventures and Dell Technologies Capital all participated in this round. In total, Redis Labs has now raised […]

Read more

Peltarion raises $20M for its AI platform

Peltarion, a Swedish startup founded by former execs from companies like Spotify, Skype, King, TrueCaller and Google, today announced that it has raised a $20 million Series A funding round led by Euclidean Capital, the family office for hedge fund billionaire James Simons. Previous investors FAM and EQT Ventures also participated, and this round brings the company’s total funding to $35 million. There is obviously no dearth of AI platforms these days. Peltarion focus on what it calls “operational AI.” The service offers an end-to-end platform that […]

Read more

Glide helps you build mobile apps from a spreadsheet without coding

The founders of Glide, a member of the Y Combinator Winter 2019 class, had a notion that building mobile apps in the enterprise was too hard. They decided to simplify the process by starting with a spreadsheet, and automatically turning the contents into a slick mobile app. David Siegel, CEO and co-founder at Glide, was working with his co-founders Jason Smith, Mark Probst and Antonio Garcia Aprea at Xamerin, a cross-platform mobile development company that Microsoft acquired for $500 million in 2016. There, they witnessed first-hand the difficulty that companies […]

Read more

InVision acquires design file versioning startup Trunk

InVision, the design company valued at $1.9 billion, has today announced the acquisition of Australia-based Trunk. Trunk is focused wholly on file versioning for designers. In the world of engineering, GitHub has provided a way for developers to keep versions organized — developers can track changes, create a separate branch to experiment, and collaborate more easily with other developers by merging branches. But the same courtesy hasn’t properly been extended to designers, who usually spend plenty of time scrolling through long email chains searching for the latest […]

Read more
1 2 3 5