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SAP is buying Berlin business process automation startup Signavio image
SAP is buying Berlin business process automation startup Signavio image
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Rumors have been flying this week that SAP was going to buy Berlin business process automation startup Signavio, and sure enough the company made it official today. The companies did not reveal the purchase price, but Bloomberg reported earlier this...



Pinecone lands $10M seed for purpose-built machine learning database image
Pinecone lands $10M seed for purpose-built machine learning database image
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Pinecone, a new startup from the folks who helped launch Amazon SageMaker, has built a vector database that generates data in a specialized format to help build machine learning applications faster, something that was previously only accessible to th...



Playvox scores $25M Series A and acquires Australian startup Agyle Time image
Playvox scores $25M Series A and acquires Australian startup Agyle Time image
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It’s not every day you see a Latin American startup funded by a U.S. venture capital firm based in the midwest. Playvox, a Colombian startup that wants to bring a positive twist to customer service monitoring announced a $25 million Series A from Fiv...



Datastax acquires Kesque as it gets into data streaming image
Datastax acquires Kesque as it gets into data streaming image
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Datastax, the company best known for commercializing the open-source Apache Cassandra database, is moving beyond databases. As the company announced today, it has acquired Kesque, a cloud messaging service. The Kesque team built its service on top of...



Vectorized announces $15.5M investment to build simpler streaming data tool image
Vectorized announces $15.5M investment to build simpler streaming data tool image
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Streaming data is not new. Kafka has existed as an open source tool for a decade. Vectorized was founded on the premise that the existing tools were too complex and not designed for today’s streaming requirements. Today the company released its first...



Run:AI raises $30M Series B for its AI compute platform image
Run:AI raises $30M Series B for its AI compute platform image
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Run:AI, a Tel Aviv-based company that helps businesses orchestrate and optimize their AI compute infrastructure, today announced that it has raised a $30 million Series B round. The new round was led by Insight Partners, with participation from exist...



Drupal’s journey from dorm-room project to billion-dollar exit image
Drupal’s journey from dorm-room project to billion-dollar exit image
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Moving from dorm room to billion-dollar exit is the dream of every startup founder. Dries Buytaert got there by being bold, working hard and thinking big.



IBM transformation struggles continue with cloud and AI revenue down 4.5% image
IBM transformation struggles continue with cloud and AI revenue down 4.5% image
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A couple of months ago at CNBC’s Transform conference, IBM CEO Arvind Krishna painted a picture of a company in the midst of a transformation. He said that he wanted to take advantage of IBM’s $34 billion 2018 Red Hat acquisition to help customers ma...



Citrix is acquiring Wrike from Vista for $2.25B image
Citrix is acquiring Wrike from Vista for $2.25B image
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Citrix announced today that it plans to acquire Wrike, a SaaS project management platform, from Vista Equity Partners for $2.25 billion. Vista bought the company just two years ago. Citrix, which is best known for its digital workspaces, sees this as...