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Check Point Research reports that global cyberattacks increased by 38% in 2022 compared to 2021, and nearly nine in ten company boards told Gartner in a recent survey that they view cybersecurity as a “business risk” rather than solely a technical or IT issue. The popularity comes in part from the rise in cyberattacks.
Movable Ink today announced that it secured $55 million in a Series D funding round led by Silver Lake Waterman with participation from Contour Venture Partners, Intel Capital, and others, bringing the marketing software startup’s total raised to $97 million. The investment comes as Movable Ink — which is valued at $1.3
SingleStore , a provider of databases for cloud and on-premises apps and analytical systems, today announced that it raised an additional $40 million, extending its Series F — which previously topped out at $82 million — to $116 million. According to a Fivetran poll , 82% of companies are making decisions based on stale information.
But in a separate poll by McKinsey , 87% of workers said that they would embrace the opportunity to work remotely when given the choice. For some companies, that’s led to a disconnect between lower-level employees and leadership, the latter of whom are generally skeptical of remote work.
Otterize today raised $11.5 Beyond access management, 65% of organizations plan to increase spending on cybersecurity this year, an ESG Research poll found. Gartner predicts that global spending on security and risk management will grow by more than 11% in 2023, up to $188 billion from just $158 billion in 2021.
Last year, in the span of one week, three companies alone in the data observability space — Cribl , Monte Carlo and Coralogix — raised more than $400 million. Today the company announced that it raised €12 million (~$12.7 According to Gartner, poor data quality costs organizations an average of $12.9
In 2021, Gartner predicted that legal tech budgets would increase threefold through 2025 “as general counsel face unprecedented pressure both in terms of managing legal workload and driving efficiency in their departments.” Anderson also sees Juro , NetDocuments, and Needles as competitors.).
Clipboard Health , an app-based marketplace that matches nurses with open shifts at nearby healthcare facilities, today announced that it raised $80 million over two unannounced rounds, a $50 million Series B round in 2021 and a $30 million Series C round this year, at a $1.3 billion valuation post-money.
non-vendor) sources are hard to come by, but in a poll recently published by cloud optimization startup Yotascale, nearly a quarter of companies said that they were considering making changes to their observability practices as infrastructure costs rise. ” Cribl’s total raised stands at $400 million with the latest tranche. .
After all, AI is costly — Gartner predicted in 2021 that a third of tech providers would invest $1 million or more in AI by 2023 — and debugging an algorithm gone wrong threatens to inflate the development budget. ” To date, Galileo has raised $5.1 “The user only has to add a few lines of code.”
A separate report from Gartner forecasts that worldwide spending on public cloud services will grow to total $591.8 Veritas, a cloud data management vendor, found in a 2022 poll that upwards of 94% organizations incur higher costs than anticipated when using a public cloud service provider and overspend by an average of 43%.
SGNL.ai , a company developing enterprise authorization software, today announced that it raised $12 million in seed funding led by Costanoa Ventures with participation from Fika Ventures, Moonshots Capital and Resolute Ventures. He’s not wrong.
Management has come down aggressively; 57% of IT teams told Workato in a 2022 poll that they’re under pressure to significantly reduce software spend at their organizations. “As a founder, you raise all this money and immediately need to spend a lot of capital to build your tech stack. Image Credits: Gynger.io.
Full TechCrunch+ articles are only available to members Use discount code TCPLUSROUNDUP to save 20% off a one- or two-year subscription In October 2022, incoming Twitter CEO Elon Musk polled his followers: “Bring back Vine?” ” Which open source startups rocketed in 2022?
But according to Crunchbase, the infusion is FullStory’s first since August 2021, and brings the company’s total raised to around $200 million. Glassbox and Decibel are perhaps the most formidable, having raised tens of millions in venture capital between them.
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