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Explorium scores $75M Series C just 10 months after B round

Without good data, it’s impossible to build an accurate predictive machine learning model. Explorium, a company that has been building a solution over the last several years to help data pros find the best data for a given model, announced a $75 million Series C today — just 10 months after announcing a $31 million Series B. Insight Partners led today’s investment with participation from existing investors Zeev Ventures, Emerge, F2 Venture Capital, 01 Advisors and Dynamic Loop Capital. The compa...
Tags: Startups, TC, Enterprise, Funding, New York City, Tel Aviv, Tech, Artificial Intelligence, Coo, San Mateo California, Zeev, Shlomo, Data Discovery, Alteryx, George Mathew, Insight Partners


Styra, the startup behind Open Policy Agent, nabs $40M to expand its cloud-native authorization tools

As cloud-native apps continue to become increasingly central to how organizations operate, a startup founded by the creators of a popular open-source tool to manage authorization for cloud-native application environments is announcing some funding to expand its efforts at commercializing the opportunity. Styra, the startup behind Open Policy Agent, has picked up $40 million in a Series B round of funding led by Battery Ventures. Also participating are previous backers A. Capital, Unusual Venture...
Tags: Open Source, Cloud, Enterprise, Developer, Funding, Tech, Applications, Containers, Accel, Kubernetes, Battery Ventures, Zalando, Dharmesh Thakker, Thakker, Bill Mann, Cloud Native


Merge raises $4.5M to help B2B companies build customer-facing integrations

Merge, a startup that helps its users build customer-facing integrations with third-party tools, today announced that it has raised a $4.5 million seed round led by NEA. Additional angel investors include former MuleSoft CEO Greg Schott, Cloudflare CEO Matthew Prince, Expanse co-founders Tim Junio and Matt Kraning, and Jumpstart CEO Ben Herman. Launched in 2020, the core focus of Merge is to give B2B companies a unified API to access data from what is currently about 40 HR, payroll, recruiting a...
Tags: Startups, Enterprise, Developer, Tech, Software, Computing, Api, Cloudflare, Merge, Matthew, Nea, Salesforce.com, Matthew Prince, Jumpstart, Expanse, Ding


Fast growth pushes an unprofitable no-code startup into the public markets: Inside Monday.com’s IPO filing

At long last, the Monday.com crew dropped an F-1 filing to go public in the United States. TechCrunch has long known that the company, which sells corporate productivity and communications software, has scaled north of $100 million in annual recurring revenue (ARR). The countdown to its IPO filing — an F-1, because the company is based in Israel, rather than the S-1s filed by domestic companies — has been ticking for several quarters, so seeing Monday.com drop the document on this Monday morning...
Tags: Productivity, Fundings & Exits, Startups, TC, Enterprise, Ipo, Israel, Tech, United States, No Code, The Exchange, Low-code, Monday.com, EC Enterprise Applications, EC Newsletter


Mark Zuckerberg's existential product crisis

Hello, and welcome to this week's edition of the Insider Tech newsletter, where we break down the biggest news in tech, including:Facebook's product painsTech VCs "go direct"Amazon's "hire to fire" system Did someone forward this newsletter to you? Sign up here. This week: Mark Zuckerberg's existential product crisis Photo by Chip Somodevilla/Getty Images Steve Jobs famously said Apple makes products that consumers don't know they want. Facebook CEO Mark Zuckerberg ...
Tags: Apple, Google, Amazon, Startups, Facebook, Mark Zuckerberg, Enterprise, Media, Instagram, California, Germany, Advertising, US, Los Angeles, San Francisco, Newsletter


Ex-Apple employee claims company fired him and knew about his past comments on women, people of color

Sean Gallup/Getty Images Antonio García Martínez said Friday that Apple fired him, and knew about his previous writing. had reported García Martínez left Apple after employees criticized that writing. The employees called his comments "misogynistic" and demanded Apple investigate, The Verge reported. See more stories on Insider's business page. Former Apple employee Antonio García Martínez has disputed the company's account of his departure, claiming on Twitter on Friday the com...
Tags: Apple, Misogyny, Enterprise, Trends, Gender Discrimination, Racial Discrimination, Bay Area, Working Conditions, Apple Apple, Tech Insider, Diversity and Inclusion, Antonio Garcia Martinez, Garcia Martinez, Tom Neumayr, Tyler Sonnemaker, Sean Gallup Getty Images Antonio García Martínez


New Relic’s business remodel will leave new CEO with work to do

For Bill Staples, the freshly appointed CEO at New Relic, who takes over on July 1, yesterday was a good day. After more than 20 years in the industry, he was given his own company to run. It’s quite an accomplishment, but now the hard work begins. Lew Cirne, New Relic’s founder and CEO, who is stepping into the executive chairman role, spent the last several years rebuilding the company’s platform and changing its revenue model, aiming for what he hopes is long-term success. “All the work we di...
Tags: TC, Cloud, Enterprise, Finance, Tech, New Relic, Gartner, Dynatrace, Application Performance Monitoring, Lew Cirne, Personnel, Cirne, EC Cloud and Enterprise Infrastructure, Bill Staples, Cisco AppDynamics


Cisco strikes again grabbing threat assessment tool Kenna Security as third acquisition this week

Cisco has been busy on the acquisition front this week, and today the company announced it was buying threat assessment platform Kenna Security, the third company it has purchased this week. The two companies did not disclose the purchase price. With Kenna, Cisco gets a startup that uses machine learning to sort through the massive pile of threat data that comes into a security system on a daily basis and prioritizes the threats most likely to do the most damage. That could be a very useful tool...
Tags: Security, Fundings & Exits, Startups, TC, Enterprise, Tech, Cisco, M&a, Mergers and Acquisitions, Exit, Kenna, Quest Diagnostics, Rittenhouse, Security Business Group, Kenna Security, Kenna Cisco


New Relic is bringing in a new CEO as founder Lew Cirne moves to executive chairman role

At the market close this afternoon ahead of its earnings report, New Relic, an applications performance monitoring company, announced that founder Lew Cirne would be stepping down as CEO and moving into the executive chairman role. At the same time, the company announced that Bill Staples, a software industry vet, would be taking over as CEO. Staples joined the company last year as chief product officer before being quickly promoted to president and chief product officer in January. Today’s prom...
Tags: TC, Cloud, Enterprise, Microsoft, Tech, Staples, New Relic, Bill, Lew Cirne, Lew, Madrona Ventures, Personnel, Cirne, Hope Cochran, CEO appointment, Bill Staples


Busy day at VMware ended yesterday with Ragurham as CEO and COO Poonen exiting

They say for every door that opens another closes and the executive shuffle at VMware is certainly proving that old chestnut true. Four months after Pat Gelsinger stepped down as CEO to return to run Intel, the virtual machine pioneer announced yesterday that long-time exec Raghu Raghuram was taking over that role. That set in motion another change when COO Sanjay Poonen, whom some had speculated might get the CEO job, announced yesterday afternoon on Twitter that he was leaving the company afte...
Tags: TC, Enterprise, Drama, Tech, Intel, Gartner, Dell, Idc, Vmware, Elliot, Mueller, Pat Gelsinger, Lockwood, Mark Lockwood, Personnel, Constellation Research


BluBracket nabs $12M Series A to expand source code security platform

BluBracket, an early stage startup that focuses on keeping source code repositories secure, even in distributed environments, announced a $12 million Series A today. Evolution Equity Partners led the round with help from existing investors Unusual Ventures, Point72 Ventures, SignalFire and Firebolt Ventures. When combined with the $6.5 million seed round we reported on last year, the company has raised $19.5 million so far. As you might imagine, being able to secure code in distributed environme...
Tags: Security, Startups, TC, Cloud, Enterprise, Developer, Funding, Tech, Priceline, Arora, HelpSystems, Ajay Arora, Evolution Equity Partners, Linga, Recent Funding, Prakash Linga


Apple engineer leaves company after employees speak out about his 'misogynistic' past comments

Apple CEO Tim Cook. MANDEL NGAN/AFP via Getty Images Apple engineer Antonio García Martínez has left the company, according to Bloomberg. Employees had spoken out about the hire, citing his "misogynistic" past comments, The Verge reported. They said Antonio García Martínez wrote "racist and sexist remarks" in his autobiography, "Chaos Monkey." See more stories on Insider's business page. Apple engineer Antonio García Martínez has left the company following employee backlash over his co...
Tags: Apple, Misogyny, Politics, Enterprise, Sexism, Trends, Racism, Bay Area, Tech Insider, Getty Images Apple, Diversity and Inclusion, Antonio Garcia Martinez, Garcia Martinez, Tom Neumayr, Bloomberg Employees, Tyler Sonnemaker


Apple employees speak publicly about recent hire who called women in Silicon Valley 'soft and weak' and 'full of s--t'

Apple CEO Tim Cook. MANDEL NGAN/AFP via Getty Images Apple employees are demanding an investigation into a "misogynistic" recent hire, The Verge reported. They said Antonio García Martínez wrote "racist and sexist remarks" in his autobiography, "Chaos Monkey." Multiple Apple employees have spoken publicly about the hire on social media. See more stories on Insider's business page. Apple employees are circulating a petition demanding an investigation into the company's hiring of Ant...
Tags: Apple, Misogyny, Politics, Enterprise, Sexism, Trends, Racism, Silicon Valley, Bay Area, Tech Insider, Getty Images Apple, Diversity and Inclusion, Antonio Garcia Martinez, Garcia Martinez, Tyler Sonnemaker, Employee Activism


AWS releases tool to open source that turns on-prem software into SaaS

AWS announced today that it’s releasing a tool called AWS SaaS Boost as open source distributed under the Apache 2.0 license. The tool, which was first announced at the AWS:re:Invent conference last year, is designed to help companies transform their on-prem software into cloud-based Software as a Service In the charter for the software, the company describes its mission this way: “Our mission is to create a community-driven suite of extensible building blocks for Software-as-a-Service (SaaS) bu...
Tags: Amazon, TC, Open Source, Cloud, Enterprise, Tech, Software, SaaS, Aws, AWS Lambda Amazon, IAM Amazon Route, Amazon Elastic Container Service Amazon, Adrian De Lucan


Ahead of Dell’s spin out, VMware appoints longtime exec Raghu Raghuram as its new CEO

Five months after it was announced that Pal Gelsinger would be stepping down as CEO of VMware to take the top job at Intel, the virtualization giant has finally appointed a permanent successor. Raghu Raghuram — a longtime employee of the company — has been appointed the new CEO. He will be taking on the new role on June 1. Until then, CFO Zane Rowe will continue in the role in the interim. Raghuram has been with the company for 17 years in a variety of roles, most recently COO of products and cl...
Tags: TC, Enterprise, Tech, Intel, Michael Dell, Dell, Talent, Virtualization, EMC, Vmware, GAAP, Zane Rowe, Raghu, Personnel, Gelsinger, Dell Technologies


Cisco to acquire Indy startup Socio to bring hybrid events to Webex

Cisco announced this morning that it intends to acquire Indianapolis-based startup Socio, which helps plan hybrid in-person and virtual events. The two companies did not share the purchase price. Socio provides a missing hybrid event management component for the company to add to its Webex platform. The goal appears to be to combine this with the recent purchase of Slido and transform Webex from an application mostly for video meetings into a more comprehensive event platform. “As part of Cisco ...
Tags: Fundings & Exits, Startups, TC, Cloud, Enterprise, Tech, Cisco, Indianapolis, SaaS, Gm, M&a, Mergers and Acquisitions, Hyundai, Crunchbase, Exit, Leary


Salesforce is bringing drag and drop interactive components to its low-code toolkit

Low code and no code tools abound these days, as the industry attempts to give non-technical end users the ability to create applications without code (or very little anyway). Salesforce has been a big proponent of this approach to help reduce the complexity of working on its platform, and today the CRM giant announced a new wrinkle: drag and drop interactive components. These new components allow users to create more sophisticated kinds of interactions, says Ryan Ellis, SVP for product manageme...
Tags: TC, Cloud, Enterprise, Developer, Tech, Salesforce, Einstein, CRM, Dreamforce, Ellis, Ryan Ellis, Low-code


Jamf snags zero trust security startup Wandera for $400M

Jamf, the enterprise Apple device management company, announced that it was acquiring Wandera, a zero trust security startup, for $400 million at the market close today. Today’s purchase is the largest in the company’s history. Jamf provides IT at large organizations with a set of management services for Apple devices. It is the leader in the market, and snagging Wandera provides a missing modern security layer for the platform. Jamf CEO Dean Hager says that Wandera’s zero trust approach fills i...
Tags: Apple, Security, Fundings & Exits, Startups, TC, Cloud, London, Enterprise, Tech, M&a, Mergers and Acquisitions, Roy, Bessemer Venture Partners, Exit, Hager, JAMF


SaaS companies can grow to $20M+ ARR by selling exclusively to developers

Sam Richard Contributor Share on Twitter Sam Richard is senior director of growth at OpenView. With more than 200,000 customers, a market cap of nearly $56 billion, and the recent acquisition of Segment for $3.2 billion, Twilio is a SaaS behemoth. It’s hard to imagine companies like Twilio as anything but a giant. But everybody starts out small, and you can usually trace success back to key decisions made in the early days. ...
Tags: Column, Enterprise, Developer, Tech, SaaS, Cypress, Github, Twilio, ARR, Jeff Lawson, Developer Documentation, Snyk, Sam Richard, EC Enterprise Applications, EC Column, Developer Relations


Zencargo raises $42M to expand its digital-first freight forwarding platform internationally

While consumers and businesses continue to use their purchasing power to spin the wheels of the globalized economy, one of the companies that’s built a technology platform to help that economy operate more smoothly is announcing an investment to double down on growth. Zencargo, which has built a digital platform to enable freight forwarding — the process by which companies organize and track the movements of items they are making and selling (and the components needed for those items) — has rais...
Tags: Amazon, Europe, UK, London, Enterprise, Funding, Tech, Shipping, Vivienne Westwood, Flexport, Digital Partners, Freight Forwarding, Soho Home, Zencargo, Hersham, Jan Riethmayer


ServiceNow leaps into applications performance monitoring with Lightstep acquisition

This morning ServiceNow announced that it was acquiring Lightstep, an applications performance monitoring startup that has raised over $70 million, according to Crunchbase data. The companies did not share the acquisition price. ServiceNow wants to take advantage of Lightstep’s capabilities to enhance its IT operations offerings. With Lightstep, the company should be able to provide customers with a way to monitor the performance of applications with the goal of detecting problems before the gro...
Tags: Fundings & Exits, Startups, TC, Cloud, Enterprise, Tech, Cisco, M&a, Ibm, Mergers and Acquisitions, Application Performance Monitoring, Servicenow, Exit, San Jose California, Observability, LightStep


Activist investor Starboard Value makes official bid for Box board seats in letter

Last week activist investor Starboard delivered a public letter rebuking the company for what it perceives as under performance. Today the firm, which owns 8% of Box stock, making it the company’s largest stock holder, took it a step further with an official slate of four candidates it will be putting up at the next stockholder’s meeting. While the company rehashed many of the same complaints as , this week’s explicitly stated its intent to run its own slate of candidates for the Box board. “Th...
Tags: TC, Cloud, Enterprise, Drama, Tech, Intel, Box, KKR, Aaron Levie, Board, McAfee, Websense, Starboard Value, Levie, Activist Investors, Peter Leav


The Expensify EC-1

Let’s make it clear from the outset that this story is about an expense management SaaS business called Expensify. As you’d expect, yes, this is about the expense management market and how Expensify has grown, its technology and all of that. Normally, that would make us change the channel. But this is also a story about pirates; peer-to-peer hackers who asked, “Why not work from Thailand and dozens of countries across the globe?” and actually did it using P2P hacker culture as a model for consen...
Tags: Wtf, Enterprise, Tech, Thailand, SaaS, SEC, Travis Kalanick, EC, P2p, Expensify, Concur, David Barrett, Danny Crichton, Heim, Expense Management, EC-1


How a band of P2P hackers planted the seeds of a unique expense management giant

Individuality often has no place in the enterprise software space. In a market where a single contract can easily run into the millions, homogeneity is the herald of reliability and serves to reassure buyers of the worth of their potential purchase. So it’s natural to think a company in the expense report management business would keep it simple and play it by the book. But one look at Expensify is enough to tell you that this is a company that never even looked for the book. Expensify’...
Tags: Startups, Enterprise, Tech, David, SaaS, Travis Kalanick, EC, Kalanick, Skype, Expensify, David Barrett, EBITDA, Barrett, Travis, Akamai Technologies, Akamai


The human-focused startups of the hellfire

Disasters may not always be man-made, but they are always responded to by humans. There’s a whole panoply of skills and professions required today to respond to even the tiniest emergency, and that doesn’t even include the needs during pre-disaster planning and post-disaster recovery. It’s not a very remunerative industry for most and the mental health effects from stress can linger for decades, but the mission at the core of this work — to help people in the time of their greatest need — is wha...
Tags: Health, Texas, Enterprise, Education, Stanford, Government, Disaster, Tech, Earth, Policy, Commission, Nebraska, Silicon Valley, Columbia University, EC, Duolingo


When the Earth is gone, at least the internet will still be working

The internet is now our nervous system. We are constantly streaming and buying and watching and liking, our brains locked into the global information matrix as one universal and coruscating emanation of thought and emotion. What happens when the machine stops though? It’s a question that E.M. Forster was intensely focused on more than a century ago in a short story called, rightly enough, “The Machine Stops,” about a human civilization connected entirely through machines that one day just turn o...
Tags: Mobile, Verizon, Spacex, Texas, Enterprise, Government, America, Tech, Department Of Defense, Earth, Policy, T Mobile, AT T, Commission, Davis, Louisiana


5 investors discuss the future of RPA after UIPath’s IPO

Robotic process automation (RPA) has certainly been getting a lot of attention in the last year, with startups, acquisitions and IPOs all coming together in a flurry of market activity. It all seemed to culminate with UiPath’s IPO last month. The company that appeared to come out of nowhere in 2017 eventually had a final private valuation of $35 billion. It then had the audacity to match that at its IPO. A few weeks later, it still has a market cap of over $38 billion in spite of the stock price...
Tags: Startups, TC, Enterprise, Tech, Automation, Gartner, Venture Capital, Deloitte, Idc, Cagr, RPA, Jai Das, UiPath, Workflow Automation, Soma Somasegar, Ed Sim


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 IBM is trying to create a new open and standard way of delivering this information. Nick Lippis, who is co-founder and co-chairman of ONUG, an open enterpris...
Tags: Amazon, Security, Open Source, Cloud, Enterprise, W3c, Tech, Aws, Ibm, Duet, Standards, Cloud Infrastructure, Microsoft Google, FIDO Alliance, Don Duet, ONUG


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 reports it has now raised approximately $70 million. TimescaleDB lets users measure data across a time dimension, so anything that would ...
Tags: Startups, TC, Open Source, Cloud, Enterprise, Funding, New York City, Tech, SaaS, Antarctica, Redpoint Ventures, Postgres, Two Sigma Ventures, Timescale, Ajay Kulkarni, Time Series Database


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 that may be struggling to find funding elsewhere. The new fund was launched by Kat Orekhova and Rapha Danilo. Orekhova, who started her career as a math professor, is a former Facebook data scientist who has been dabbling in angel investi...
Tags: TC, Facebook, Enterprise, US, Tech, SaaS, Venture Capital, Danilo, Sarah Smith, Micro-investing, Seed Investing, Quiet Capital, Evening Fund, Kat Orekhova, Rapha Danilo, Rapha Danilo Orekhova



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