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Salesforce grabs Vlocity for $1.33B, a startup with $1B valuation

It’s been a big news day for Salesforce . It announced that Co-CEO Keith Block would be stepping down, and that it had acquired Vlocity for $1.33 billion in an all-cash deal. It’s no coincidence that Salesforce targeted this startup. It’s a firm that builds six industry-specific CRMs on top of Salesforce — communications, media and entertainment, insurance and financial services, health, energy and utilities and government and nonprofits — and Salesforce Ventures was also an investor. This wou...
Tags: Google, Fundings & Exits, Startups, TC, Cloud, Enterprise, Tech, SaaS, M&a, Mergers and Acquisitions, Salesforce, CRM, Salesforce Ventures, Exit, Wang, Leary


CircleCI-AWS GovCloud partnership aims to bring modern development to US government

Much like private businesses, the United States government is in the process of moving workloads to the cloud, and facing a similar set of challenges. Today, CircleCI, the continuous delivery developer service, announced a partnership with AWS GovCloud to help federal government entities using AWS’s government platform to modernize their applications development workflows. “What this means is that it allows us to run our server offering, which is our on-prem offering, and our government custo...
Tags: Google, Amazon, TC, Cloud, Enterprise, Developer, Government, US, Tech, United States, Aws, CircleCI, Partnerships, Rose, Small Business Administration SBA, Jim Rose


CircleCI-AWS GovCloud partnership aims to bring modern development to U.S. government

Much like private businesses, the United States government is in the process of moving workloads to the cloud, and facing a similar set of challenges. Today, CircleCI, the continuous delivery developer service, announced a partnership with AWS GovCloud to help federal government entities using AWS’s government platform to modernize their applications development workflows. “What this means is that it allows us to run our server offering, which is our on-prem offering, and our government custo...
Tags: Google, Amazon, Startups, TC, Cloud, Enterprise, Developer, Government, United States, Aws, CircleCI, Partnerships, Rose, Small Business Administration SBA, Jim Rose


A boom, a bust, a reckoning, a race: four takes on today’s startup market

Hello and welcome back to our regular morning look at private companies, public markets and the gray space in between. Today let’s try to figure out where the startup and private markets stand, as there are a few different takes out there that I can’t reconcile. Our efforts to better understand how young companies are faring comes, of course, in the shadow of the impending $7 billion Intuit-Credit Karma deal — the second, multi-billion dollar fintech exit so far in 2020. So where are we today in...
Tags: TC, Cloud, Tech, New York Times, SaaS, Stocks, Credit Karma, Griffith, Erin Griffith, Intuit Credit Karma


Databricks makes bringing data into its ‘lakehouse’ easier

Databricks today announced that launch of its new Data Ingestion Network of partners and the launch of its Databricks Ingest service. The idea here is to make it easier for businesses to combine the best of data warehouses and data lakes into a single platform — a concept Databricks likes to call ‘lakehouse.’ At the core of the company’s lakehouse is Delta Lake, Databricks’ Linux Foundation-managed open-source project that brings a new storage layer to data lakes that helps users manage the l...
Tags: Cloud, Enterprise, Tech, Information, Information Technology, Computing, Linux, Business Intelligence, Databricks, Data Warehouse, Ali Ghodsi, Syncsort, Data Ingestion Network, Delta Lake Databricks Linux Foundation, Ingestion Network Fivetran Qlik Infoworks, Delta Lake Until


Rallyhood exposed a decade of users’ private data

Rallyhood says it’s “private and secure.” But for some time, it wasn’t. The social network designed to help groups communicate and coordinate left one of its cloud storage buckets containing user data open and exposed. The bucket, hosted on Amazon Web Services (AWS), was not protected with a password, allowing anyone who knew the easily-guessable web address access to a decade’s worth of user files. Rallyhood boasts users from Girl Scout and Boy Scout troops, and Komen, Habitat for Humanities, a...
Tags: Amazon, Security, Social, Verizon, Cloud, Cloud Storage, Tech, Computing, Social Network, TechCrunch, YMCA, Yahoo Groups, Rallyhood, Komen Habitat for Humanities, Chris Alderson


Sharp Increase in Exposed Records by Third-Party Applications

Sharp Increase in Exposed Records by Third-Party Applications Businesses are finding themselves at severe risk from Third-party applications and services.  Vetting of these services and restrictions on what data they can access is the primary reason.  Cybercriminals will always go for the weakest...
Tags: Security, Updates, Cloud, Business, Technology, Privacy, Internet, Sem, Cybersecurity, Cybercrime, Hacking, Hacks, Applications, Scam, Data Sharing, Data Storage


YouTube will soon let you upload music your own private cloud

YouTube Music have set out their plans to launch a cloud library where users can upload their own music to access from anywhere. Google have released some exciting documents – well the documents themselves aren’t exciting, but what they mean for YouTube is! These documents explained how users can upload their own music files to YouTube Music to access in their own personal cloud library when the feature launches soon. YouTube Music users will be able to upload songs and albums from thei...
Tags: Google, Cloud, Music, Youtube, Youtube Music, Google Play Music, Digital Music News, WMA, Cloud Library, Personal Storage, Cloud Uploads, Music Uploads, YT Music, YouTube Music Premium Google


Thomas Kurian on his first year as Google Cloud CEO

“Yes.” That was Google Cloud CEO Thomas Kurian’s simple answer when I asked if he thought he’d achieved what he set out to do in his first year. A year ago, he took the helm of Google’s cloud operations — which includes G Suite — and set about giving the organization a sharpened focus by expanding on a strategy his predecessor Diane Greene first set during her tenure. It’s no secret that Kurian, with his background at Oracle, immediately put the entire Google Cloud operation on a cou...
Tags: Google, TC, Cloud, Enterprise, Cloud Computing, Tech, Artificial Intelligence, Gartner, Deloitte, Accenture, Mongodb, Oracle, Sap, Activision Blizzard, Vmware, Lufthansa


Google Cloud opens its Seoul region

Google Cloud today announced that its new Seoul region, its first in Korea, is now open for business. The region, which it first talked about last April, will feature three availability zones and support for virtually all of Google Cloud’s standard service, ranging from Compute Engine to BigQuery, Bigtable and Cloud Spanner. With this, Google Cloud now has a presence in 16 countries and offers 21 regions with a total of 64 zones. The Seoul region (with the memorable name of asia-northeast3) w...
Tags: Google, TC, Cloud, Asia, South Korea, Hong Kong, Japan, Enterprise, Indonesia, Cloud Computing, Tech, Taiwan, Computing, Korea, Web Services, Las Vegas


Google Cloud acquires mainframe migration service Cornerstone

Google today announced that it has acquired Cornerstone, a Dutch company that specializes in helping enterprise migrate their legacy workloads from mainframes to public clouds. Cornerstone, which provides very hands-on migration assistance, will form the basis of Google Cloud’s mainframe-to-GCP solutions. This move is very much in line with Google Cloud’s overall enterprise strategy, which focuses on helping existing enterprises move their legacy workloads into the cloud (and start new projec...
Tags: Travel, Google, TC, Cloud, Enterprise, Cloud Computing, Cloud Infrastructure, Cornerstone, Google Cloud, IBM Power Systems, John Jester VP, Cornerstone Google Cloud


Cloud spending said to top $30B in Q4 as Amazon, Microsoft battle for market share

We all know the cloud infrastructure market is extremely lucrative; analyst firm Canalys reports that the sector reached $30.2 billion in revenue for Q4 2019. Cloud numbers are hard to parse because companies often lump cloud revenue into a single bucket regardless of whether it’s generated by infrastructure or software. What’s interesting about Canalys’s numbers is that it attempts to measure the pure infrastructure results themselves without other cloud incomes mixed in: As an exampl...
Tags: Google, Amazon, TC, Cloud, Enterprise, Microsoft, Tech, Amazon Microsoft, Canalys, Cloud Market Share, Azure Amazon


Startup buys startup: PullRequest snags remote developer hiring platform Moonlight

PullRequest, a startup that provides code review as a service, announced today that it was buying Moonlight, an early-stage startup that has built an online platform for hiring remote developers. The companies did not share the terms. Lyal Avery, founder and CEO at PullRequest, says he bought this company to expand his range of services. “Our platform is at a place where we’re very confident about our ability to identify issues. We’re moving to the next phase of fixing issues automatically. I...
Tags: Fundings & Exits, Startups, Cloud, Developer, Tech, Austin, Brooklyn, M&a, Mergers and Acquisitions, Avery, Moonlight, Code review, PullRequest, Lyal Avery


PullRequest snags remote developer hiring platform Moonlight in case of startup buying startup

PullRequest, a startup that provides code review as a service, announced today that it was buying Moonlight, an early stage startup that has built an online platform for hiring remote developers. The companies did not share the terms. Lyal Avery, founder and CEO at PullRequest, says that he bought this company to expand his range of services. “Our platform is at a place where we’re very confident about our ability to identify issues. We’re moving to the next phase of fixing issues automatical...
Tags: Fundings & Exits, Startups, Cloud, Developer, Tech, Austin, Brooklyn, M&a, Mergers and Acquisitions, Avery, Moonlight, Code review, PullRequest, Lyal Avery


Extensive US Intellectual Property theft by Chinese being investigated by FBI

Extensive US Intellectual Property theft by Chinese being investigated by FBI Intellectual theft is a huge problem in the US and the largest perpetrator is the Chinese government.   They target military sub-contractors and sub-sub-contractors, universities, businesses, financial entities, medical...
Tags: Security, Updates, Cloud, Business, Technology, News, Internet, Government, China, US, Sem, Malware, Cybersecurity, Fbi, Cybercrime, Artificial Intelligence


Alibaba Cloud revenue reaches $1.5B for the quarter on 62% growth rate

Alibaba issued its latest earnings report yesterday, and as part of that the Chinese eCommerce giant reported that cloud revenue grew 62% to $1.5 billion U.S., crossing the RMB10 billion revenue threshold for the first time. Alibaba also announced that it had completed its migration to its own public cloud in the most recent quarter, a significant milestone because the company can point to its own operations as a reference to potential customers, a point that Daniel Zhang, Alibaba executive chai...
Tags: Travel, Google, Amazon, Cloud, Asia, Enterprise, Microsoft, China, Alibaba, Earnings, Reuters, Zhang, Synergy Research, Alibaba Cloud, Google Alibaba, Daniel Zhang Alibaba


Judge halts Microsoft work on JEDI contract after AWS request

A sealed order from a judge today has halted the $10 billion, decade long JEDI project in its tracks until AWS’s protest of the contract award to Microsoft can be heard by the court. The order signed by Judge Patricia E. Campbell-Smith of the US Court Federal Claims stated: The United States, by and through the Department of Defense, its officers, agents, and employees, is hereby PRELIMINARILY ENJOINED from proceeding with contract activities under Contract No. HQ0034-20-D-0001, which was awa...
Tags: Amazon, TC, Cloud, Enterprise, Microsoft, Government, Defense, Tech, Department Of Defense, United States, Aws, Patricia, Jedi, Andy Jassy, Given Amazon, Mark Esper


Judge temporarily halts work on JEDI contract until court can hear AWS protest

A sealed order from a judge today has halted the $10 billion, decade-long JEDI project in its tracks until AWS’s protest of the contract award to Microsoft can be heard by the court. The order signed by Judge Patricia E. Campbell-Smith of the U.S. Court Federal Claims stated: The United States, by and through the Department of Defense, its officers, agents, and employees, is hereby PRELIMINARILY ENJOINED from proceeding with contract activities under Contract No. HQ0034-20-D-0001, which was a...
Tags: Amazon, TC, Cloud, Enterprise, Microsoft, Government, Defense, Tech, Department Of Defense, United States, Aws, Patricia, Jedi, Andy Jassy, Given Amazon, Mark Esper


Datometry snares $17M Series B to help move data and applications to the cloud

Moving data to the cloud from an on-prem data warehouse like Teradata is a hard problem to solve, especially if you’ve built custom applications that are based on the data. Datometry, a San Francisco startup, has developed a solution to solve that issue, and today it announced a $17 million Series B investment. WRVI Capital led the round with participation from existing investors including Amarjit Gill, Dell Technologies Capital, Redline Capital and Acorn Pacific. The company has raised a total ...
Tags: Travel, Google, Startups, TC, Cloud, Enterprise, Developer, Funding, San Francisco, Teradata, Amazon Microsoft, Waas, Data Warehouses, Cloud Data Migration, Datometry, Acorn Pacific


Google closes $2.6B Looker acquisition

When Google announced that it was acquiring data analytics startup Looker for $2.6 billion, it was a big deal on a couple of levels. It was a lot of money and it represented the first large deal under the leadership of Thomas Kurian. Today, the company announced that deal has officially closed and Looker is part of the Google Cloud Platform. While Kurian was happy to announce that Looker was officially part of the Google family, he made it clear in a blog post that the analytics arm would ...
Tags: Google, Fundings & Exits, Startups, TC, Cloud, Enterprise, Tech, SaaS, M&a, Mergers and Acquisitions, Google Cloud Platform, Exit, Looker, Data Analytics, Bien, Google Cloud


Model9 gets $9M Series A to move data between mainframes and cloud

Model9, an Israeli startup launched by mainframe vets, has come up with a way to transfer data between mainframe computers and the cloud, and today the company announced a $9 million Series A. Intel Capital led the round with help from existing investors including StageOne, North First Ventures and Glenrock Israel. The company reports it has now raised almost $13 million. You may not realize it, but the largest companies in the world like big banks, insurance companies, airlines and retailers...
Tags: Startups, TC, Cloud, Enterprise, Funding, Tech, Ibm, Intel Capital, Mainframes, Peleg, Hybrid Cloud, Israel startups, Model9, Gil Peleg, AWS Google Cloud Platform Microsoft, EMC Nutanix NetApp


European founders look to new markets, aim for profitability

To get a better sense of what lies ahead for the European startup ecosystem, we spoke to several investors and entrepreneurs in the region about their impressions and lessons learned from 2019, along with their predictions for 2020. We asked for blunt responses — and we weren’t disappointed. These responses have been edited for clarity and length. Kenny Ewan, founder/CEO, Wefarm (London) I’ve often been faced with questions around how we can generate revenue in markets like Africa. There has hi...
Tags: Startups, TC, Cloud, Uber, Europe, London, Africa, Tech, European Union, Artificial Intelligence, Machine Learning, Run, Revolut, Natural Language Processing, Financial Technology, Monzo


Good news for enterprise startups: SaaS helped kill the single-vendor stack

In the old days of enterprise software, when companies like IBM, Oracle and Microsoft ruled the roost, there was a tendency to shop from a single vendor. You bought the whole stack, which made life easier for IT — even if it didn’t always work out so well for end users, who were stuck using software that was designed with administrators in mind. Once Software-as-a-Service (SaaS) came along, IT no longer had complete control over software choices. The companies that dominated the market began to ...
Tags: TC, Cloud, Enterprise, Microsoft, Okta, Tech, SaaS, Box, Todd Mckinnon, Aaron Levie, Zoom, IBM Oracle, Eric Yuan, Slack Zoom


Infosys is acquiring Simplus for $250M to grow its Salesforce consulting arm

Infosys is a huge consulting organization based in India, which works with clients as they implement complex software integrations. Today, the company announced it was buying Simplus, a Salesforce integration consultant, for $250 million. The company, which is based in Salt Lake City, Utah, launched in 2014 and has raised almost $50 million, according to Crunchbase data. It brings a wide range of Salesforce consulting, training and integration services along with general Salesforce experti...
Tags: Fundings & Exits, Cloud, Enterprise, India, Tech, M&a, Consulting, Salesforce, Infosys, Leary, Salt Lake City Utah, Ravi Kumar, Kumar, Brent Leary, CRM Essentials, Simplus


Amazon wants to depose president and secretary of Defense as part of JEDI protest

Today, AWS made public its Motion to Supplement the Record in its protest of the JEDI contract decision. As part of that process, the company has announced it wants to depose President Trump and Secretary of Defense Mark Esper. When Amazon announced at the end of last year that it was protesting the DoD’s decision to award the $10 billion, decade-long JEDI contract to Microsoft, the company made clear that it was not happy with the decision. The company believes that the president steered ...
Tags: Amazon, TC, Cloud, Enterprise, Microsoft, Drama, Defense, Tech, United States, Aws, Jeff Bezos, The Washington Post, Trump, Jedi, Andy Jassy, Jassy


After $479M round on $12.4B valuation, Snowflake CEO says IPO is next step

Snowflake, the cloud-based data warehouse company, doesn’t tend to do small rounds. On Friday night word leaked out about its latest mega round. This one was for $479 million on a $12.4 billion valuation. That’s triple the company’s previous $3.9 billion valuation from October 2018, and CEO Frank Slootman suggested that the company’s next finance event is likely an IPO. Dragoneer Investment led the round along with new investor Salesforce Ventures. Existing Snowflake investors Altimeter Capit...
Tags: Google, Startups, TC, Cloud, Enterprise, Ipo, Funding, Tech, Salesforce, Snowflake, Sutter Hill Ventures, PitchBook, AWS Microsoft, Cloud Data Warehouse, Frank Slootman, Slootman


“Evil Corp” really does exist, and it’s distributing malware using Microsoft Excel

“Evil Corp” really does exist, and it’s distributing malware using Microsoft Excel Yes, there is an Evil Corp, and it is a Russian backed group of Cybercriminals. They are busy weaponizing Microsoft’s popular spreadsheet package, Excel, so that it can carry its malware payload into businesses, wor...
Tags: Security, Cloud, Business, Technology, Microsoft, Internet, Russia, Sem, Malware, Excel, Cybersecurity, Cybercrime, Hacking, Moscow, Hackers, Applications


Do You Use Trello? Search turns up massive trove of private data

Do You Use Trello? Search turns up massive trove of private data Do you use Trello? It is an excellent collaboration platform that I use with my team. It can be an excellent tool for project collaboration.    However, it must get set up correctly if you want to protect your sensitive corporate i...
Tags: Security, Updates, Cloud, Business, Technology, Internet, Sem, Spying, Software, Hacking, Collaboration, Applications, Databases, Workflows, Data Storage, Trello


The CIA wants to upgrade its cloud tech without DoD’s JEDI drama

The CIA is ready to update its cloud technology, and multiple reports this week indicated that the agency has begun a multi-billion-dollar procurement process. A CIA spokesperson was tight-lipped when asked to confirm. That could be because an agency used to working in secret, simply wants to avoid all the attention that the Pentagon’s JEDI cloud procurement process got, and quietly go about its business. As we’ve learned, when you’re dealing with large cloud vendors like Amazon, Microsoft, IBM ...
Tags: Amazon, TC, Cloud, Microsoft, Government, US, Tech, Atlantic, Ibm, Pentagon, Cia, RFP, Oracle, Jedi, Nextgov, Bloomberg Government


Netskope hauls in another $340M investment on nearly $3B valuation

Netskope has always focused its particular flavor of security on the cloud, and as more workloads have moved there, it has certainly worked in its favor. Today the company announced a $340 million investment on a valuation of nearly $3 billion. Sequoia Capital Global Equities led the round, but in a round this large, there were a bunch of others participating firms including new investors Canada Pension Plan Investment Board and PSP Investments, along with existing investors Lightspeed Venture P...
Tags: Security, TC, Cloud, Enterprise, Funding, Tech, Unicorns, Cloud Security, Accel, Netskope, Crunchbase, Canada Pension Plan Investment Board, Beri, PSP Investments, Sanjay Beri, Sequoia Lightspeed



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