When Atlassian went public at the end of 2015, it was a bit of an anomaly: a tech IPO whose numbers looked quite good with some profitability. It’s been almost two years since that IPO, and since then, the company’s valuation is at around $9 billion. The company popped 32% on its first day and hit a valuation of $5.8 billion. A lot of that is thanks to an insane run this year so… Read More Source: http://feedproxy.google.com/~r/techcrunchIt/~3/zvKeMgSvImQ/
Apple’s enterprise strategy begins to take shape
When Apple announced its partnership with GE this week, it would have been easy to dismiss it as another random collaboration from a company people don’t generally associate with the enterprise. After all, Apple killed off their enterprise server product years ago. You might rightly ask, what exactly do they have to do with the enterprise these days? But if you consider the notion of… Read More Source: http://feedproxy.google.com/~r/techcrunchIt/~3/INMRcEfq_Hk/
Data is the name of the game, as Intel Capital puts $60M in 15 startups, $566M in 2017 overall
Intel Capital, the investment arm of the processor giant, is today announcing its latest tranche of investments, a total of nearly $60 million going in to 15 startups that are working on solving different problems in the bigger area of big data (with a full rundown below). The investments come on the back of a big year for the group: In 2017 so far, Intel says that it’s invested $566… Read More Source: http://feedproxy.google.com/~r/techcrunchIt/~3/qbLuX69Xr04/
SendGrid files for marketing email IPO
Denver-based SendGrid has filed for an IPO. The company, which helps marketers send emails to customers, says in its S-1 that it has processed more than “one trillion emails.” Read More Source: http://feedproxy.google.com/~r/techcrunchIt/~3/VLRcy3puyKU/
Two Google alums just raised $60M to rethink documents
When you open a Google doc or a spreadsheet, you get a blank spreadsheet and some documentation as to what you can do with it — and that’s pretty much where we’ve been for quite some time. But two MIT graduates, coming in from Microsoft and Google, have built up a team that for the past three years has quietly been trying to rethink how we approach documents. CEO Shishir… Read More Source: http://feedproxy.google.com/~r/techcrunchIt/~3/G0KtqeQhj1o/
MongoDB shares pop 25% in its public market debut
MongoDB made its public debut with a bang, with jumping more than 25%, today after spending the past several days revising up its expectations throughout the IPO process — which seems to have landed on the right spot. The company provides open-source technology that can be attractive for early-stage startups that want to get off the ground and then seeks to convert those companies to… Read More Source: http://feedproxy.google.com/~r/techcrunchIt/~3/ZFzSCM6ayO8/
Cisco to buy Perspica and fold engineering team into AppDynamics
Cisco announced today that it intends to acquire Perspica, a machine learning-driven operations analytics firm that has raised $8.5 million. Cisco intends to fold Perspica’s team into AppDynamics, the company it purchased earlier this year for $3.7 billion. Cisco did not share the Perspica purchase price. All of these machinations have a purpose. Cisco is of course at its heart a… Read More Source: http://feedproxy.google.com/~r/techcrunchIt/~3/HbmCUhT77m4/
Swedish lock giant Assa Abloy acquires smart lock maker August Home
The smart home market continues to heat up, and the legacy giants do not want to get locked out: quite literally. This morning, Assa Abloy, the $23 billion Swedish lock giant that owns Yale and many other brands — announced that it is buying US-based smart lock maker August Home to double down on new technology. Terms of the deal are not being disclosed but we have asked both August… Read More Source: http://feedproxy.google.com/~r/techcrunchIt/~3/J7aAhrLoqyk/
MongoDB prices its IPO at $24 per share
MongoDB has finished up what is essentially the final step in going public, pricing its IPO at $24 and raising $192 million in the process. The company will debut on the public markets tomorrow and will once again test the waters for companies that are looking to build full-fledged businesses on the back of open-sourced software. MongoDB provides open-sourced database software that can be… Read More Source: http://feedproxy.google.com/~r/techcrunchIt/~3/eMlz_LUl_sY/
Adobe expands its Creative Cloud services for enterprises
Adobe is using its annual MAX conference to launch a number of new features that are especially interesting to enterprises today. Usually, when we talk about enterprise software, we’re talking about pretty boring line-of-business applications, but as many of the biggest companies are also bringing their creative agencies in-house, their need for collaborative tools that work across teams… Read More Source: http://feedproxy.google.com/~r/techcrunchIt/~3/mgLXa2r8HQI/
Now part of Cisco, AppDynamics update looks to deepen understanding of business performance
When Cisco acquired AppDynamics in January for $3.7 billion, it was a big surprise as the company was on the verge of going public. While it’s probably too soon to say how intertwined it will become in the Cisco product family, it continues to march forward announcing an update to the products set at the AppD Summit this week in New York City.
Today’s announcements build on the… Read More Source: http://feedproxy.google.com/~r/techcrunchIt/~3/eU6UWm9YaH4/
Apple and GE announce deep partnership
While Apple has had its share of enterprise partners in recent years including IBM, Cisco and SAP, today’s announcement that it will be working directly with GE feels a bit different with the two companies more closely intertwined than in previous deals. Apple and GE have committed to build a set of development tools and to develop apps together using Apple’s design sensibility… Read More Source: http://feedproxy.google.com/~r/techcrunchIt/~3/BYU4Lf8n1Ts/
Commerce specialist Lightspeed POS raises $166M as it preps for an IPO in 2019
E-commerce and digitally-based financial transactions have consistently been one of the biggest and most lucrative areas of the tech world, and today a commerce startup out of Canada is laying down its claim to be among the significant players in the field.
Lightspeed POS, which provides point of sale, accounting, inventory management, purchasing analytics, and other related services to… Read More Source: http://feedproxy.google.com/~r/techcrunchIt/~3/aLq56bMTdqk/
Cisco using AI and machine learning to help IT predict failures
We have known for some time that the number of signals coming from your IT systems surpassed the ability for humans to keep track of them years ago. Machines can help and have been for some time. The advent of artificial intelligence and machine learning has accelerated that ability and today, Cisco announced that it is using these technologies to help customers find failures before they… Read More Source: http://feedproxy.google.com/~r/techcrunchIt/~3/HGd3M7cwKFo/
Feedzai closes $50M Series C to help banks and merchants identify fraud with AI
Feedzai is announcing a $50 million Series C this morning led by an unnamed VC with additional capital from Sapphire Ventures. The six year old startup builds machine learning tools to help banks and merchants spot payment fraud. In today’s rapidly maturing world of fintech, Feedzai is trying to thread the needle between turnkey solution and customizable platform. With 60 clients… Read More Source: http://feedproxy.google.com/~r/techcrunchIt/~3/1hBp3fLk7gw/
Docker gives into inevitable and offers native Kubernetes support
When it comes to container orchestration, it seems clear that Kubernetes, the open source tool developed by Google, has won the battle for operations’ hearts and minds. It therefore shouldn’t come as a surprise to anyone who’s been paying attention that Docker announced native support for Kubernetes today at DockerCon Europe in Copenhagen.
The company hasn’t given up… Read More Source: http://feedproxy.google.com/~r/techcrunchIt/~3/dEpKvRoMATE/
IBM launches two new services to help businesses move to the cloud
IBM today announced two new services that are meant to make it easier for businesses to move their data and applications to the cloud. The company says the IBM Cloud Migration Services and IBM Cloud Deployment Services will make it easier and more affordable to migrate their existing workloads to the public cloud. Cloud Migration Services, as the name implies, helps businesses get ready to move… Read More Source: http://feedproxy.google.com/~r/techcrunchIt/~3/65VxunuA9eY/
Red Hat continues steady march toward $5 billion revenue goal
The last time I spoke to Red Hat CEO Jim Whitehurst, he had set a pretty audacious goal for his company to achieve $5 billion in revenue. At the time, that seemed a bit far-fetched. But the company has continued to thrive and is on track to pass $3 billion in revenue some time in the next couple of quarters. Read More Source: http://feedproxy.google.com/~r/techcrunchIt/~3/VlFZs_uHALo/
Google, IBM and others launch an open-source API for keeping tabs on software supply chains
Thanks to containers and microservices, the way we are building software is changing. But you probably still want to know who built a given container and what’s running in it. To get a handle on this, Google, IBM and others today announced Grafeas, a new joint open-source project that provides users with a standardized way for auditing and governing their software supply chain. Read More Source: http://feedproxy.google.com/~r/techcrunchIt/~3/PJC3TChXo3k/
Box’s dalliance with AI foretells a broader shift in content management
As Box CEO Aaron Levie pointed out at his BoxWorks keynote this week, content management has been an evolving field since it came into being as an enterprise software concept in the 1990s. Back in those days, the state of the art was network drives. As content spread across the organization, we saw the rise of enterprise content management. Later file sharing tools developed and finally the… Read More Source: http://feedproxy.google.com/~r/techcrunchIt/~3/UdK9CZNVnZE/ Source: https://techcrunch.com/
