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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


Lightspeed leads Laiye’s $42M round to bet on Chinese enterprise IT

Laiye, a Chinese startup that offers robotic process automation services to several major tech firms in the nation and government agencies, has raised $42 million in a new funding round as it looks to scale its business. The new financing round, Series C, was co-led by Lightspeed Venture Partners and Lightspeed China Partners. Cathay Innovation, which led the startup’s Series B+ round and Wu Capital, which led the Series B round, also participated in the new round. China has been the hub for ...
Tags: Apps, Asia, Enterprise, Microsoft, China, Funding, Tech, SaaS, Gartner, Capital, Lightspeed Venture Partners, Sequoia, Lightspeed, Natural Language Processing, RPA, UiPath


DSP Concepts raises $14.5M for its Audio Weaver platform

DSP Concepts — a startup whose Audio Weaver software is used by companies as varied as Tesla, Porsche, GoPro and Braun Audio — is announcing that it has raised $14.5 million in Series B funding. The startup goal, as explained to me by CEO Chin Beckmann and CTO Paul Beckmann (yep, they’re a husband-and-wife founding team), is to create the standard framework that companies use to develop their audio processing software. To that end, Chin told me they were “picky about who we wanted on the B round...
Tags: Fundings & Exits, Startups, Enterprise, Funding, Tech, Sony, DSP, Alexa, Cto, PAUL, Chin, Weaver, BMW i Ventures, Tesla Porsche, Recent Funding, Taiwania Capital


ChartHop grabs $5M seed led by a16z to automate the org chart

ChartHop, a startup that aims to modernize and automate the organizational chart, announced a $5 million seed investment today led by Andreessen Horowitz. A big crowd of other investors also participated including Abstract Ventures, the a16z Cultural Leadership Fund, CoFound, Cowboy Ventures, Flybridge Capital, Shrug Capital, Work Life Ventures and a number of unnamed individual investors, as well. Founder, CEO and CTO, Ian White says that at previous jobs including as CTO and co-founder at Sail...
Tags: Fundings & Exits, Startups, TC, Enterprise, Tech, Andreessen Horowitz, White, Cto, Sailthru, Ian White, Personnel, HR software, David Ulevitch, Ulevitch, Charthop, BambooHR Carta ADP


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


Microsoft Dynamics 365 update is focused on harnessing data

Microsoft announced a major update to its Dynamics 365 product line today, which correlates to the growing amount of data in the enterprise, and how to collect and understand that data to produce better customer experiences. This is, in fact, the goal of all vendors in this space including Salesforce and Adobe, who are also looking to help improve the customer experience. James Philips, who was promoted to president of Microsoft Business Applications just this week, says that Microsoft has al...
Tags: Startups, TC, Cloud, Enterprise, Microsoft, ERP, Artificial Intelligence, Philips, CRM, Enterprise Software, Dynamics 365, James Philips, Microsoft Business Applications, Customer Insights Philips, Dynamics 365 Project Operations, Microsoft Project


BluBracket scores $6.5M seed to help secure code in distributed environments

BluBracket, a new security startup from the folks who brought you Vera, came out of stealth today and announced a $6.5 million seed investment. Unusual Ventures led the round with participation by Point72 Ventures, SignalFire and Firebolt Ventures. The company was launched by Ajay Aurora and Prakash Linga, who until last year were CEO and CTO respectively at Auroa, a security company that helps companies secure documents by having the security profile follow the document wherever it goes. Aurora...
Tags: Security, Fundings & Exits, Startups, TC, Enterprise, Ge, Developer, San Francisco, Cto, Aurora, Vera, SignalFire, Linga, Unusual Ventures, Firebolt Ventures, Auroa


Ordway lands $10M Series A to bridge gap between sales and finance

Ordway, a Washington, DC startup, is building a platform to deal with all of the stuff that happens after you make sale. It starts with the order and goes all the way to revenue, however that revenue manifests itself — as a one time payment or a recurring subscription. Today the company announced a $10 million Series A. CRV led the round with participation from Clocktower Ventures and existing investors Lerer Hippeau and Revolution Rise of the Rest fund. The company has now raised a total of $12...
Tags: Startups, Enterprise, Funding, Tech, ERP, Washington Dc, Quote To Cash, Netsuite, Ordway, CRV, Gulati, Lerer Hippeau, Thoma Bravo, Clocktower Ventures, Post-sales Tools, Sameer Gulati


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


Dell sells RSA to consortium led by Symphony Technology Group for over $2B

Dell Technologies announced today that it was selling legacy security firm RSA for $2.075 billion to a consortium of investors led by Symphony Technology Group. Other investors include Ontario Teachers’ Pension Plan Board and AlpInvest Partners. RSA came to Dell when it bought EMC for $67 billion in 2015. EMC bought the company in 2006 for a similar price it was sold for today, $2.1 billion. The deal includes several pieces, including the RSA security conference held each year in San Franc...
Tags: Security, TC, Enterprise, San Francisco, Tech, Michael Dell, M&a, Mergers and Acquisitions, Dell, Rsa, Times, EMC, Dell-emc Deal, Jeff Clarke, Symphony Technology Group, Ontario Teachers ' Pension Plan Board


Egnyte unifies its security and productivity tooling into single platform

Egnyte announced today it was combining its two main products — Egnyte Protect and Egnyte Connect — into a single platform to help customers manage, govern and secure the data from a single set of tools. Egynte co-founder and CEO Vineet Jain says that this new single platform approach is being driven chiefly by the sheer volume of data they are seeing from customers, especially as they shift from on-prem to the cloud. “The underlying pervasive theme is that there’s a rapid acceleration of ...
Tags: Security, Startups, TC, Cloud, Storage, Enterprise, Goldman Sachs, Content Management, Compliance, Egnyte, Jain, PitchBook, Vineet Jain


Rippling starts billboard battle with Gusto

Remember when Zenefits imploded, and kicked out CEO Parker Conrad. Well, Conrad launched a new employee onboarding startup called Rippling, and now he’s going after another HR company called Gusto with a new billboard, “Outgrowing Gusto? Presto change-o.” The problem is, Gusto got it taken down by issuing a order to Rippling and the billboard operator Clear Channel Outdoor. That’s despite the law typically allowing comparative advertising as long as it’s accurate. Gusto sells HR, benefit...
Tags: Startups, TC, Enterprise, Drama, Billboard, Tech, Zenefits, Payments, Human Resources, Parker Conrad, Hiring, Kleiner Perkins, Gusto, Onboarding, Conrad, Human Resources Software


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


Tozny introduces encrypted identity tool as part of security service platform

Tozny, a Portland, Oregon startup that wants to help companies more easily incorporate encryption into their programs and processes, introduced TozID today. It is an identity and access control tool that can work independently or in conjunction with the company’s other encryption tools. “Basically we have a Security as a Service platform, and it’s designed to help developers and IT departments add defense in depth by [combining] centralized user management with an end-to-end encryption platform,...
Tags: Security, Startups, Open Source, Enterprise, Encryption, Darpa, Portland Oregon, NIST, Tozny, Isaac Potoczny Jones, Identity And Access Management, Potoczny Jones, Tozny SDK


Tech Jobs For All Who Want Them

The tech sector is the fastest growing sector of the economy in NYC and around the US and around the world. The tech sector offers high paying jobs and a growing number of them. But, as we all know, the tech sector lacks the gender and racial diversity that would allow everyone to benefit from this growing sector of the economy. Most of the studies that have looked at the lack of diversity point to a skills gap standing in the way. So last year Tech:NYC (where I am co-chair) and a few larg...
Tags: Politics, Enterprise, NYC, Entrepreneurship, New York City, US, Employment, Trends, Management, Economics, Policy, Bloomberg LP, Hacking Government, Google Verizon, Hacking Education, Albert Wenger


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


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


Google backs productivity startup building algorithmic inbox for Slacks, emails and texts

There have been plenty of stories written about the so-called “Slack-lash” and the growing unrest among workers dealing with DM interruptions that take their attention away from the task at hand. Slack is a poster boy for the problem, but VCs have invested heavily in a number of collaboration tools over the past several years that have compartmentalized chat and commenting systems and have left workers reeling. It seems fairly likely that we’ve reached peak VC interest in collaboration, but VCs ...
Tags: Travel, Google, Startups, TC, Utah, Enterprise, Niko Bonatsos, Recent Funding, Wasabi Ventures, General Catalyst Google, Chris Hicken, TechCrunch Hicken


Tangle EE project joins Eclipse Foundation to bring distributed ledger apps to enterprise

As the number of IoT devices proliferate, and machines conduct transactions with machines without humans involved, it becomes increasingly necessary to have a permissionless system that facilitates this kind of communication in a secure way. Enter the IOTA Foundation, a Berlin-based open source distributed ledger technology (DLT) project, which has hooked up with the Eclipse Foundation to bring IOTA DLT to the enterprise via the Tangle EE project. For starters, this involves forming a working gr...
Tags: Travel, TC, Open Source, Enterprise, Berlin, Blockchain, STMicroelectronics, IOTA, DLT, Eclipse Foundation, Dell Technologies, Distributed Ledger, Mike Milinkovich, IOTA Foundation, Schiener, IOTA DLT


Negotiatus, looking to help businesses optimize purchasing, raises $10 million

Negotiatus, a SaaS business meant to optimize and streamline the purchasing and procurement process for businesses, has today announced the close of a $10 million Series A round. The funding was led by Rally Ventures, with participation from ERA, 645 Ventures, Green Visor Capital and Stage 2 Capital. This brings the company’s total funding to nearly $20 million. Negotiatus was founded by Zach Garippa and Tom Jaklitsch with an idea to detangle the process of purchasing supplies for a business. Ga...
Tags: Startups, TC, Enterprise, Tech, Rally Ventures, Recent Funding, Entrepreneurs Roundtable Accelerator, Ventures Green Visor Capital, Zach Garippa, Tom Jaklitsch, Garippa, Negotiatus


Fb Workplace co-founder launches downtime fire alarm Kintaba

“It’s an open secret that every company is on fire” says Kintaba co-founder John Egan. “At any given moment something is going horribly wrong in a way that it has never gone wrong before.” Code failure downtimes, server outages, and hack attacks plague engineering teams. Yet the tools for waking up the right employees, assembling a team to fix the problem, and doing a post-mortem to assess how to prevent it from happening again can be as chaotic as the crisis itself. Text messages, Slack channel...
Tags: Google, Startups, TC, Facebook, New York, Enterprise, Microsoft, Developer, Tech, SaaS, Vodafone, Google Docs, Morris, Dustin Moskovitz, Egan, Kintsugi


Facebook Workplace co-founder launches downtime fire alarm Kintaba

“It’s an open secret that every company is on fire,” says Kintaba co-founder John Egan. “At any given moment something is going horribly wrong in a way that it has never gone wrong before.” Code failure downtimes, server outages and hack attacks plague engineering teams. Yet the tools for waking up the right employees, assembling a team to fix the problem and doing a post-mortem to assess how to prevent it from happening again can be as chaotic as the crisis itself. Text messages, Slack channels...
Tags: Google, Startups, TC, Facebook, New York, Enterprise, Microsoft, Developer, Tech, SaaS, Vodafone, Google Docs, FirstMark Capital, Incident response, Morris, Dustin Moskovitz


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