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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.
Months after bagging $116 million in an extension of its Series F round, database vendor SingleStore this week announced that it raised an additional $30 million from investors including Prosperity7, the venture arm of Saudi Aramco. Gartner predicts that 75% of all databases will be migrated to a cloud service by 2022.
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.).
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
Networking and cybersecurity firm Versa today announced that it raised $120 million in a mix of equity and debt led by BlackRock, with participation from Silicon Valley Bank. A December 2021 survey by CSO found that 44% of security leaders at large companies expected their budgets to increase in the upcoming 12 months.
The new cash brings the company’s total raised to $33 million, which CEO Marc Boscher says is being put toward product development and expanding Unito’s headcount from 65 people to 70 by the end of the year. Beamy recently raised $9 million to further develop its platform to detect and orchestrate SaaS apps.
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. customer preferences). Operating revenue for fiscal year 2022 stands at around $50 million.
Otterize today raised $11.5 According to a 2021 survey from JumpCloud and ESG Research, 97% of security executives planned to expand or continue existing spend on identity and access management tools. ” Otterize raises $11.5M ” Otterize raises $11.5M
According to a survey from Great Expectations, which creates open source tools for data testing, 77% of companies have data quality issues and 91% believe that it’s impacting their performance. Today the company announced that it raised €12 million (~$12.7 ” Paris-based Sifflet, which has raised €15 million (~$15.85
MentorcliQ today closed an “over-$80 million” growth investment from PSG with participation from Rev1 Ventures and Plymouth Growth, bringing its total raised to more than $100 million. Eighty-nine percent of mentees feel their colleagues value their work, moreover, versus 75% of employees without mentors, the same survey found.
According to a 2021 survey from John Snow Labs and Gradient Flow, 60% of tech leaders indicated that their NLP budgets grew by at least 10% compared to 2020, while a third said that their spending climbed by more than 30%. Fortune Business Insights pegged the NLP market at $16.53 billion in 2020. ” With the new financing secured ($15.6
To start with, we conducted a survey (tweet tweet!) Our survey showed that 91% of our respondents use Facebook, 63% use Twitter, 45% use YouTube and 35% use LinkedIn, amongst other media. And 92% of surveyed nonprofits plan on using at least one of these tools in 2011. is through mobile devices! Why Go Mobile? Learn more. -. [1]
According to a recent New Relic survey , 90% of companies now believe that observability is critical to the success of their business, while 76% expect to see their observability budgets increase in 2021. ” Cribl’s total raised stands at $400 million with the latest tranche. . Data from unbiased (i.e.,
Now, to raise its profile with developers adopting it, IBM has acquired a GraphQL startup called StepZen , which provides tools for those working in hybrid cloud environments to build and scale GraphQL deployments to pull data from disparate sources. The financial terms of the deal are not being disclosed.
According to a survey from GoodHire , 75% of managers want workers in the office, citing the potential lack of focus and loss of company culture. 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.
A 2019 study by Juniper Research predicted that retail sales resulting from chatbot-based interactions would reach $112 billion by 2023, while Gartner predicted that 15% of all customer service interactions globally would be completely handled by AI, including chatbots, by 2021. Quiq’s total capital raised stands at $47.5
To indicate that market opportunity, he cited Gartner report showing the remote-worker demographic could grow to 31% of all workers by the end of this year. This half of the user base tends to stay around two or three months, to date. But TechCrunch readers might find that number a little conservative.
That’s why the latest report from Gartner, The Digital Future of Finance: 10 CFO Opportunities to Accelerate Digital Transformation, offers compelling insights for nonprofit organizations. Gartner’s research focuses on how technology can help restore and strengthen an organization’s financial health.
By 2025, Gartner estimates that more than 95% of new digital workloads will be deployed on cloud-native platforms, up from 30% in 2021. According to a recent Statista survey, data loss and leakage in the public cloud are among companies’ top concerns where it concerns their tech stack. There’s real anxiety.
Synthesis AI , a startup developing a platform that generates synthetic data to train AI systems, today announced that it raised $17 million in a Series A funding round led by 468 Capital with participation from Sorenson Ventures and Strawberry Creek Ventures, Bee Partners, PJC, iRobot Ventures, Boom Capital and Kubera Venture Capital.
Samooha , a startup developing a “cross-cloud” data collaboration platform, today announced that it raised $12.5 Just a few years ago, Harbr raised $38.5 Media in particular could prove to be lucrative; Gartner predicts that by 2023, 80% of advertisers with media budgets of $1 billion or more will use data clean rooms.
Augury is one of the better-funded startups in the sector, having raised nearly $300 million in venture capital to date. In 2018, Gartner predicted that by 2022, spend on internet of things-enabled predictive maintenance would increase to $12.9 But both Marinelli and Lameirinhas sense opportunity in a market that could be worth $12.3
Over 80% of companies responding to Flexera’s latest State of the Cloud survey reported having either a multi-cloud or hybrid cloud strategy. Gartner predicted in a 2020 report that worldwide spending on information security and risk management technology and services would reach $150.4 It’s almost certainly grown since.
.” The IoT market has proven resilient to the ups and downs of the broader technology space, with data from Crunchbase showing that the average amount of capital raised by IoT startups in 2022 reached the highest point in over a decade. So far, it’s raised a total of €40 million (~$43.71
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. According to one recent survey (from MLOps Community), 84.3% ” To date, Galileo has raised $5.1
Everstream Analytics , a supply chain insights and risk analytics startup, today announced that it raised $24 million in a Series A round led by Morgan Stanley Investment Management with participation from Columbia Capital, StepStone Group, and DHL. Plenty of startups claim to do this, including Backbone , Altana , and Craft.
Seventy-four percent of supply chain companies made changes to their networks within the past two years, according to Gartner. And in an IBM survey , 40% of executives stressed the need for spare capacity to weather future crises. Recently, Tive , a startup developing supply chain visibility tools, raised $54 million.
Better.com shows how not to fire people : Here’s a small tip: If you announce that you have raised or otherwise managed to access hundreds of millions of dollars, don’t fire a bunch of your team right afterward. JOKR just raised again , and Swiggy is going to drop $700 million on its own “instant” grocery delivery effort. Big Tech Inc.
According to a recent Fivetran survey , 82% of companies are making decisions based on stale information, 85% of which say is leading to incorrect decisions and lost revenue. Gartner once predicted that, by this year, 75% of all databases will be deployed or migrated to a cloud platform. billion post-money.
As often as the ‘R’ word is bandied about in tech, a survey of 450 early-stage founders found that only 12% plan to hire fewer workers and 6% have laid people off. ” Eighty percent of the seed-stage and pre-seed founders who responded to January’s survey have less than a year of runway left.
In a 2019 Vanson Bourne survey, enterprises said that they’ve been held back by legacy database technologies — specifically relational databases systems. Gartner predicts that 75% of all databases will be migrated to a cloud service by 2022 — highlighting the shift.
According to a recent survey from ESG, more than half of companies say that their spending on public cloud apps will increase in 2023 while 56% expect their public cloud infrastructure services spending will go up this year. A separate report from Gartner forecasts that worldwide spending on public cloud services will grow to total $591.8
By 2025, driven partly by the need for digital services, 85% of enterprises will have a cloud-first principle, according to Gartner. In a recent MuleSoft survey , 84% of organizations said that data and app integration challenges were hindering their digital transformations and, by extension, their adoption of cloud platforms.
In a survey commissioned by Productiv (which admittedly has a horse in the race, given that it sells products to manage SaaS services), close to half of enterprise IT departments said they spent an inordinate amount of time provisioning and managing SaaS apps. The company’s total capital raised stands at $10 million. ”
Insights in hand, fundraisers can automate tasks proven to boost donor loyalty: Thank-you letters Invitations to lapsed supporters Birthday greetings Surveys Volunteer recognition Too often these touchpoints are dependent on the memory of a single employee rather than an automated workflow.
After raising $115 million in 2019, Icertis today secured $150 million — $75 million in convertible debt and a $75 million revolving credit facility — in a combined tranche from Silicon Valley Bank that brings the company’s total capital raised to $520 million. billion in 2019 to $2.9
Seeking to bring greater security to AI systems, Protect AI today raised $13.5 In a 2020 Microsoft survey of businesses using AI, the majority said that they don’t have the right tools in place to secure their machine learning models. It might be premature to sound the alarm bells.
According to a 2018 Gartner report, 87% of organizations have low business intelligence and analytics maturity. A 2021 Databricks and MIT survey found that only 13% of organizations are delivering on their data strategy. . ” In total, San Francisco-based Enso, which has a 20-person workforce, has raised $17.5
Claravine , a self-described marketing data platform, today announced that it raised $16 million in a Series B round led by Five Elms Capital with participation from Grayhawk Capital, Next Frontier Capital, Peninsula Ventures, Kickstart Fund, and Silverton Partners.
According to a recent Gartnersurvey , one in three HR executives across all industries said their organizations had slowed hiring in response to the volatile market. The growth seemingly won over investors — Accel led a $9 million Series A round in ModernLoop that brings the startup’s total raised to $12.3
In a recent Gartnersurvey , IT executives cited talent shortages as the top barrier to adopting emerging technologies. ” MetalSoft, which has around 40 employees, has raised $17 million in venture capital to date; $16 million came from its Series A that closed this week, led by DNS Capital.
Trying to raise money, you increase your social networking, adding that responsibility to one of your employees, one who is paid with grant funds. We think of social networking as a great way to get our message across, to raise funds, to communicate with our constituents. Except the door you opened was to your social network space.
Ukraine’s startup ecosystem was thriving before the war and making great progress, with Ukrainian startups raising $832 Million in VC funding in 2021. TechUkraine and Emerging Europe also published the results of a survey looking at the country’s start-up ecosystem. It has raised $14.7 It raised €2.5
In fact, Taylor is over here raising red flags. So when a scrappy young company is able to raise in this environment, Alex ’s ears perk up. He spoke to Cacheflow , which builds tools for the software sales closing process, about the $10 million raise that doubled its valuation. Can’t say we didn’t see that coming.
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