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Last May, the company raised $1 billion in funding, giving it a $12 billion valuation. The companys researchers have alerted the public to a number of cloud vulnerabilities in everything from Microsofts Azure cloud system to the cloud systems of Oracle and IBM. As Wizs fortunes rose, so too did its reputation.
However, today’s news that Oracle is going to buy Sun Microsystems has some very important implications. Sun bought MySQL AB (the company behind MySQL) last year for $1 Billion dollars, and therefore, MySQL AB now becomes a part of Oracle, it’s primary competition. For us, it’s generally much more removed.
The investment, which catapults Zilliz’s to-date raise to over $53 million, is a sizable amount for any open source business around the world. After six years as a software engineer at Oracle, Xie left the U.S. and headed home to start Zilliz in China.
He had already talked to the team while building SelectQ, but Canaan never got to make an investment because the company got acquired before it needed to raise more funding. Panuganty tells me that when he met with Canaan Partners, he wasn’t really looking for an investment. Image Credits: MachEye.
Oracle’s done deal : Oracle quietly wrapped up its acquisition of Cerner, which goes into effect Wednesday. Electronic health records is big business, and while this merger gives Oracle a major seat at the table, it is not yet known how these companies will mesh or whether Cerner will be lucrative for Oracle.
SeamlessHR , a Nigeria-based company that wants to help African businesses “leverage the continent’s greatest asset: abundant human capital” with its cloud-based human resources (HR) and payroll software, has raised $10 million in Series A funding for its next phase of growth and regional expansion.
TVision is building what its team hopes will become the standard for measuring streaming viewership — and to accelerate those efforts, it’s raised $16 million in new funding. However, Liu said it can offer cross-platform insights through a partnership with Oracle’s Moat.
That led Hess to found Consensus, a platform for interactive video demos, which today announced that it raised $110 million from Sumeru Equity Partners. ” Launched in 2013 and now with over $139 million in the bank (inclusive of today’s raise), Consensus allows users to build demo videos and then email those demos to prospects.
Salto , a Tel Aviv-based open-source startup that allows you to configure SaaS platforms like Salesforce, NetSuite and HubSpot with code, is coming out of stealth today and announced that it has raised a $27 million Series A round. This round was led by Bessemer Venture Partners, Lightspeed Venture Partners and Salesforce Ventures.
A few weeks ago, we wrote about fintech Pilot raising a $100 million Series C that doubled the company’s valuation to $1.2 Bezos Expeditions — Amazon founder Jeff Bezos’ personal investment fund — and Whale Rock Capital joined the round, adding $40 million to a $60 million raise led by Sequoia about one month prior. So here we go.
Userpilot , a product-led growth platform for SaaS companies, has raised $4.6 Sehwail said Userpilot has more than 700 paying customers across the world, including UiPath, Oracle, McGraw Hill and Phocas. Userpilot, a product-led growth platform for SaaS companies, raises $4.6M The startup’s new funding follows $1.2
And now, the startup has raised a $23 million (€20 million) funding round led by Expedition Capital with Orange Ventures also participating. It’s a customer engagement platform that competes with Braze as well as big enterprise solutions from Salesforce, Adobe, Oracle, IBM and Microsoft. But Batch is a radically different product.
Hawk AI , a German company developing anti-money laundering (AML) and tangential fraud prevention smarts for financial institutions, has raised $17 million in a Series B round of funding. ” Hawk AI, an anti-money laundering and fraud prevention platform for banks, raises $17M by Paul Sawers originally published on TechCrunch
Sunday , a startup that didn’t exist just a few months ago, has raised a $100 million Series A funding round. Sunday raises $24 million seed round to build a fast restaurant checkout flow. The company supports Oracle Micros, Brinks, Tiller, Zelty, Revo, CashPad, etc.
Acceldata , the company behind a data observability platform used by multinational enterprises including Oracle and Verisk, today announced it has raised $50 million in a Series C round of funding. Data observability platform Acceldata raises $50M by Paul Sawers originally published on TechCrunch million and $3.3
To date, the company raised $5 million in a seed round. It previously raised a pre-seed round from Sequoia Capital, Alliance DAO, Xoogler and others. It has raised capital from Alliance DAO, dao5, IDEO CoLab and angel investors. What it does: Oracle for Web 2.0 What it does: Decentralized lending platform without oracles.
Meet Sunday , a new startup that is going to attract some headlines as it has raised a $24 million seed round at a $140 million post-money valuation. Sunday supports Oracle Micros, Brinks, Tiller, Zelty, Revo, CashPad, etc. Fast raises $102M as the online checkout wars continue to attract huge investment.
French startup Pigment has raised a new round of funding less than a year after raising a $73 million Series B round. For bigger companies that already use a business planning product from Oracle or SAP, Pigment can replace these legacy platforms with something a bit more modern. So why did Pigment raise again so quickly?
But one of the more successful vendors is Cast AI , which today announced that it raised $20 million in an investment led by Creandum with participation from unnamed existing investors. “The need for such a platform became clear after we co-founded Zenedge, a cloud-based cybersecurity platform that was ultimately acquired by Oracle.
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.
But Factor , a startup created in 2018 by manufacturing industry veterans Doug Shultz and Michael Szewczyk , just raised a seed round to streamline a different part of the supply chain process, which it calls the “first mile.” Companies that don’t use Factor typically use manual tools like spreadsheets to manage their “first mile” processes.
” MessageGears, which today announced that it raised $62 million in a funding round led by Long Ridge Equity Partners, offers features including customer segmentation and marketing message personalization. That’s not to mention Iterable , Cordial , Oracle Responsys, Adobe Campaign, Emarsys and Zeta Global. .”
Data.World, which today announced that it raised $50 million in Series C funding led by Goldman Sachs, looks to leverage cloud-based tools to deliver data discovery, data governance and big data analytics features with a corporate focus. . Hurt says that the latest funding round, which brings Data.World’s total raised to $132.2
As for Mukherjee, he left Oracle to launch Udichi, a compute platform for “big data” analysis. After attracting customers like Men’s Wearhouse, Wynn Resorts, Advance Auto Parts and Kohl’s, ZineOne has raised $28 million in Series C funding, the company today announced. ” Image Credits: ZineOne.
Spectral , a credit risk assessment infrastructure web3 startup, has raised $23 million in a round led by General Catalyst and Social Capital, the company’s co-founder and CEO Sishir Varghese exclusively told TechCrunch. To date, the company has raised about $30 million, Varghese shared.
The company previously raised a $4 million seed round in 2021. Vantage raises $4M to help businesses understand their AWS costs Vantage raises $21M Series A to help bring down cloud costs by Frederic Lardinois originally published on TechCrunch
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.
Notifi , a communication infrastructure platform for web3, said Tuesday it has raised $10 million in an oversubscribed seed funding co-led by previous backers Hashed and Race Capital. Kim and Nimesh Amin (CTO), who previously worked at Amazon Web Services and Oracle Cloud, founded Notifi in January. Get your tickets here.
When the company raised the first part of its Series B, it raised $112 million at a $570 million valuation. Payhawk plans to launch new features, such as Oracle Netsuite integration, subscription management and budgets. Sprints Capital, Endeavor Catalyst, HubSpot Ventures and Jigsaw VC are also participating in the round.
The company, a Y Combinator alum, announced today it has raised $2.7 For example, a company might be be proud of having a workforce that is divided equally between men and women, or that has a large percentage of people of color, when the reality is that many of them aren’t getting raises or being promoted into management roles.
“The challenge is mitigating the risks and security threats associated with low-code/no-code solutions without disturbing the business,” said Tom Fisher, Zenity advisor and former CIO of Oracle and Qualcomm, and CTO of eBay.
Visual work communication tool CloudApp has raised $9.3 The round was led by Kickstart Seed Fund and also included previous investors Cervin Ventures, Bloomberg Beta and Kyle York, who was the vice president of strategy at Oracle, at the time. million in Series A funding led by Grayhawk Capital and Nordic Eye.
To help ensure its portfolio companies aren’t hamstrung by the shortage, it struck a deal with Oracle to provide its founders with some of these sought-after chips (specifically Nvidia’s H100 chips and Nvidia’s A100 chips). TechCrunch: Tell us about this partnership with Oracle.
Colorado houses existing tech giants such as IBM, Oracle and Lockheed Martin, as well as an emerging and thriving startup scene. In 2012, Denver startups raised more than $280M, with 33 startups raising $1M or more. Denver has more tech startups per capita than any U.S. Access to capital and resources is gaining momentum.
Co-founded by two Stanford professors, Kunle Olukotun and Chris Ré, and Liang, who had been an engineering executive at Oracle, SambaNova has been around since 2017 and has raised more than $1 billion to date — both to build out its AI-focused hardware, which it calls DataScale , and to build out the system that runs on it.
in contrast, KNN3 plans to go after enterprise-facing organizations like Chainlink, which feeds real-life data called “oracles” into smart contracts and where Yu used to work. KNN3 has built the trustless infrastructure using oracles and developers can simply run a container within it,” explained Yu. In the U.S.,
As Vijayan tells it, he knew nothing about cars until joining Tesla in 2011, following a dozen years of working in product development at Oracle, then VMware. It’s the precise opportunity that former Tesla CIO, Jay Vijayan, concluded he was well-positioned to address while still in the employ of the electric vehicle giant.
Darwinbox, which operates a cloud-based human resource management platform, has raised $15 million in a new financing round as the Indian startup looks to further expand in the country and Southeast Asian markets. Overall, the startup’s revenue has ballooned by 300% since September 2019, when it last raised money , he said.
In 2020, Chinese startup Zilliz — which builds cloud-native software to process data for AI applications and unstructured data analytics, and is the creator of Milvus , the popular open source vector database for similarity searches — raised $43 million to scale its business and prep the company to make a move into the U.S.
The investment comes in the wake of a bigger round that the startup raised in the summer of 2022, a $20 million Series A from MonotaRo and JAFCO. Oracle recently acquired Aconex , a cloud-based software platform; and Textura , a cloud-based contract and payment management provider, to expand its Primavera construction management platform.
Comparing the advances of Xeround with what was available at the time, when the Clusters models of Oracle and Microsoft were not as stable as they are today, it looked like Xeround really had a qualitative advantage over its powerhouse competitors. Sales cycles were long and unpredictable.
Even if you stand around on the glass oracle of mass a few times per day, the truth is that your body weight is a trailing indicator — it shows what has already happened, rather than what’s about to. In the current round, Signos raised a $13 million Series A led by GV.
Calendly – raising at $3B valuation OneTrust – $2.5B Other investors in the round included George Kurtz, the president and chief executive of CrowdStrike, and George Roberts, a partner at OpenView Venture Partners and the former executive vice president of North American sales at Oracle. Atlanta startups are on fire.
Union.ai , a startup emerging from stealth with a commercial version of the open source AI orchestration platform Flyte, today announced that it raised $10 million in a round contributed by NEA and “select” angel investors.
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