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Cisco announced this morning that it intends to acquire Indianapolis-based startup Socio , which helps plan hybrid in-person and virtual events. Indy VC firm Sixty8 Capital launches $20M fund aimed at underrepresented founders. The two companies did not share the purchase price.
This initiative unites a group of organizations dedicated to providing funding, expertise, tools, and technology to support the Global Humanitarian ISAC mission of enhancing cybersecurity for global humanitarian and conservation nonprofits. As cybersecurity risks have become increasingly complex, solitary defense is no longer an option.
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. Cisco plans to take that technology and integrate into its SecureX platform. The two companies did not disclose the purchase price.
In an email interview with TechCrunch, CEO Simon Taylor said that the proceeds will be put toward expanding HYCU’s 300-person team with a particular focus on customer success and partnerships as well as funding the development of new products and services, including a software-as-a-service product.
AMD is in the chip business, and a big part of that these days involves operating in data centers at an enormous scale. AMD announced today that it intends to acquire data center optimization startup Pensando for approximately $1.9 Jain will join the data center solutions group at AMD when the deal closes.
Data lake platform Dremio today announced that it has raised a $160 million Series E funding round led by Adams Street Partners. “What we do is provide technology that allows end-users to access their data in their data lakes directly via SQL — and they can do this in a way that delivers mission-critical BI.
With Dave Evans - Futurist At Cisco. ” Next up was Dave Evans, Chief Futurist at Cisco. He said in the future there will sensors on livestock that will give us data about them. These are mobile, sensors everywhere (wearable technology), location data, social networks, and big data and machine learning.
New investors DTCP, Cisco Investments and Databricks also invested in this round, together with existing investors YL Ventures, Bessemer Venture Partners, Microsoft’s venture fund M12, U.S. This new round brings Hunters’ total funding to date to $118 million, including last August’s $30 million Series B. .
When Redpanda launched in 2019, company founder and CEO Alexander Gallego thought a startup devoted to modernizing streaming data should have an appropriately nerdy name. One of the main reasons for that growth is the company’s new focus on limitless data retention, a capability that he said is capturing the attention of the developers.
Costanoa Ventures is seeing some of its best returns yet as it closed on two new funds, Costanoa Fund IV, a $225 million early-stage fund, and Opportunity Fund II, a $115 million funding investing in later rounds of portfolio companies. Each fund since then has been better than the one before it, he added.
Businesses and the tech companies that serve them are run on data. At its most challenging, though, data can represent a real headache: there is too much of it, in too many places, and too much of a task to bring it into any kind of order. “Data has become the new currency, and the world is pivoting to that,” he said.
Data centers with servers attached to solid-state drives (SSDs) can suffer from an imbalance of storage and compute. Either there’s not enough processing power to go around, or physical storage limits get in the way of data transfers, Lightbits Labs CEO Eran Kirzner explains to TechCrunch. ” Image Credits: Lightbits Labs.
The desire to extract value from enterprise data has only grown as the pandemic prompts organizations to digitize their operations. With the popularization of real-time database technologies, stale data and the problems surrounding it might soon become a thing of the past — if vendors’ sales pitches are to be believed.
10 key lessons about tech mergers and acquisitions from Cisco’s John Chambers. Her role includes gathering and analysing data on SOSV portfolio companies and syndicate investors, managing the funds’ databases and CRM, and reporting SOSV’s quarterly investments to external data providers. Meghan Hind. Contributor.
While the world continues to await the arrival of safe, reliable and cost-effective self-driving cars, one of the pioneers in the world of autonomous vehicle software has raised some substantial funding to double down on what it sees as a more immediate opportunity: providing technology to industrial companies to build off-road applications.
Near — a data intelligence company that has amassed 1.6 Near, originally founded in Singapore in 2012 and now based out of Pasadena, had raised around $134 million in funding, including a $100 million round in 2019 — which had been the company’s last big raise.
For The Exchange, Alex Wilhelm looked at recent financial data from scooter sharing service Bird, which — like Lyft, Uber, Airbnb and others — took a beating during the pandemic as potential riders stayed home. How Cisco keeps its startup acquisition engine humming. How Cisco keeps its startup acquisition engine humming.
There’s been an explosion of enterprise data in recent years, accelerated by pandemic-spurred digital transformations. more data by year-end 2022 than in 2020, amounting to multiple petabytes of data in total. Alation’s platform organizes data across disparate systems. Image Credits: Alation.
Databases are growing at an exponential rate these days, and so when it comes to real-time data observability, organizations are often fighting a losing battle if they try to run analytics or any observability process in a centralized way. The round follows on from a $15 million Series A less than a year ago, in June of 2021.
This funding round saw participation from Safe Security’s existing investors, including former Cisco chairman and chief executive John Chambers, and brings the total amount raised by Safe Security to $49.2 To guard against data loss and misuse, the cybersecurity conversation must evolve.
Panaseer , which takes a data science approach to cybersecurity, has raised $26.5 million in a Series B funding led by AllegisCyber Capital. Existing investors, including Evolution Equity Partners, Notion Capital, AlbionVC, Cisco Investments and Paladin Capital Group, as well as new investor National Grid Partners, also participated.
Pydantic , the popular Python library and open source data-validation framework used by some of the world’s biggest companies, has a new commercial namesake and the backing of one of Silicon Valley’s most storied venture capital (VC) firms. Pydantic Services Inc. emerges from stealth today with $4.7
VergeSense, a startup that uses machine vision to help businesses better understand how their office spaces are being utilized, today announced that it has raised a $12 million Series B funding round led by Tola Capital. These include the likes of Shell, Quicken Loans, Roche, Cisco and Telus. Image Credits: VergeSense.
Today a startup called Redacted is coming out of stealth with a different approach to tackling that malicious activity: It applies threat intelligence, and then proactively goes after the hackers to recover data loss and disrupt their activities. Make sure people can’t get data out, and if they do, make sure you can get it back.”
AutoRabit , which provides CI/CD tools for Salesforce customer dev teams, today announced that it raised $26 million in a Series B funding round led by Full In Partners, bringing the startup’s total raised to $52.5 Customers might be understandably wary of storing their backed-up CRM data in a third-party cloud.
“To use Salesforce, as an example, you are using it for two things: you’re writing data into Salesforce and you’re taking data out of it,” he explained. Image Credits: Rattle. The startup announced on Tuesday that it has raised a seed round of $2.8 million from Lightspeed and Sequoia Capital India.
We competed against other participating organizations, racing against the clock to raise funds and secure matching funding from the Skoll Foundation. The capacity building assistance we have extended to our partners over the past three years towards organized data collection of human rights violations is truly bearing fruit.
Tel Aviv-based Grip Security aims to make this a lot easier by providing enterprises with full visibility into their SaaS portfolios through enforceable endpoint-centric access controls and new data governance capabilities that work across devices and locations. These solutions, he argues, worked for protecting a dozen applications or so. .
.” As wildfire season once again takes hold in the American West, Vibrant Planet told TechCrunch exclusively that it has raised a $17 million seed round led by Ecosystem Integrity Fund and The Jeremy and Hannelore Grantham Environmental Trust. “I quickly realized this is a climate-related issue,” Wolff said.
If I received a note from an investor stating, “although somber, this data is not meant to alarm you,” well, I might be alarmed. Cisco’s latest results indicate a reckoning may soon be at hand. Is networking leader Cisco in the doldrums? Cisco’s latest results indicate a reckoning may soon be at hand. ?Why
Xeround, which provides a cloud model database as a service solution (DaaS), informed users on its official company blog that free users will have just one week to move all their data to another database provider. funds and recruit the single largest investment of the company, nearly $16 million. What happens when you over-pivot.
One of the by-products of today’s IT environments — which can involve multiple clouds and data warehouses, on-premise servers, thousands or even millions of connected devices and users, a multitude of apps and more — is that this size and complexity is a minefield when it comes to security.
“Giant companies have been leading the APM sector, yet due to growing data volumes and intricate technology stacks, the cost has risen and these solutions have become hard to integrate and demanding to maintain … We are on a mission to reinvent the cloud-native application monitoring domain with Groundcover.”
Deepgram, a company developing voice-recognition tech for the enterprise, today raised $47 million in new funding led by Madrona Venture Group with participation from Citi Ventures and Alkeon. “Audio data is one of the world’s largest untapped data sources.
“That’s zero-party data.” ” In a highly detailed post with multiple examples , he shares methods for collecting zero-party data that will engage customers and drive higher conversions. If your startup is formulating a zero-party data strategy, please read. On Wednesday, November 17 at 3 p.m. yourprotagonist.
billion in 2013 and Cisco buying Ann Arbor, MI-based Duo for $2.35 The company was founded in 2017 and raised almost $58 million along the way, according to Crunchbase data. Other big Midwest exits include Salesforce buying Indianapolis-based ExactTarget for $2.5 billion in 2018.
After raising several million in financing from VC firms including Mayfield Fund and Trinity Ventures, Errplane changed its name to InfluxData — and went on to raise tens of millions more in capital. ” Platforms like InfluxData have come into vogue in the last few years as the demand for real-time data analysis tools grows. .”
Payson Johnston and Steven Lee started Crowdz in 2014 after working as B2B supply-chain senior managers for global processes at Cisco. million Series A funding round for Crowdz. A major challenge when running a business is getting enough funds to cover operating costs, especially in the early stages,” Johnston said. million. .
And it’s announcing today that it has raised $12 million in Series A funding. Amy Chang, who sold her business intelligence startup Accompany to Cisco, is joining Pragma’s board of directors. ” Pragma is initially targeting game studios with about 10 to 50 team members.
According to data from PitchBook, venture capital investments have reached about $13.66 Kelly Ahuja, a Cisco alum, was tapped as Versa’s CEO in 2016. Cisco Systems acquired Viptela and VMware bought SD-WAN vendor VeloCloud, and more recently, HPE’s Aruba snapped up Silver Peak while Palo Alto Networks absorbed CloudGenix.
The Israeli startup provides software-based internet routing solutions to service providers to run them as virtualized services over “ white box ” generic architecture, and today it is announcing $262 million in equity funding to continue expanding its technology, its geographical footprint, and its business development.
“We like to think about it as ‘company-as-code,’ much in the same way as ‘infrastructure-as-code’ transformed the way we manage data centers.” Pentacom was acquired by Cisco earlier this year ; Oracle acquired Ravello Systems in 2016 and Qumranet was acquired by Red Hat in 2008.
Today, an Israeli startup called Rezilion that is doing just that — building automation tools for DevSecOps, the area of IT that addresses the needs of security teams and the technical work that they need to do in their jobs — is announcing $30 million in funding. It’s time for security teams to embrace security data lakes.
Deep Render , a startup developing AI-powered tech to compress videos on the web, today announced that it raised $9 million in a Series A funding round led by IP Group and Pentech Ventures. “If the internet pipes are difficult to extend, we can only make the data that flows through the pipes smaller,” Besenbruch said.
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