Category: Enterprise
F5 snags Volterra multi-cloud management startup for $500M
Applications networking company F5 announced today that it is acquiring Volterra, a multi-cloud management startup, for $500 million. That breaks down to $440 million in cash and $60 million in deferred and unvested incentive compensation. Volterra emerged in 2019 with a $50 million investment from multiple sources, including Khosla Ventures…
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RedHat is acquiring container security company StackRox
RedHat today announced that it’s acquiring container security startup StackRox . The companies did not share the purchase price. RedHat, which is perhaps best known for its enterprise Linux products has been making the shift to the cloud in recent years. IBM purchased the company in 2018 for a hefty…
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Atlanta’s SalesLoft raises $100M for its digital sales platform, now valued at $1.1B
The Covid-19 pandemic and specifically need for social distancing to slow the spread of the virus have continued to keep many of us away from the office. Now, increasingly, many organizations and people believe that it could usher in a more permanent shift to remote, distributed and virtual work. Today,…
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2020 was a record year for Israel’s security startup ecosystem
A look back at notable funding trends, rounds and exits Naama Ben Dov 8 hours Naama Ben Dov Contributor Naama Ben Dov is an associate at YL Ventures who researches new investment opportunities, analyzes investments through thorough due diligence and provides value-add to portfolio companies. From COVID-19’s curve to election…
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How artificial intelligence will be used in 2021
Scale AI CEO Alexandr Wang doesn’t need a crystal ball to see where artificial intelligence will be used in the future. He just looks at his customer list. The four-year-old startup, which recently hit a valuation of more than $3.5 billion, got its start supplying autonomous vehicle companies with the…
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Salesforce has built a deep bench of executive talent via acquisition
When Salesforce acquired Quip in 2016 for $750 million, it gained CEO and co-founder Bret Taylor as part of the deal. Taylor has since risen quickly through the ranks of the software giant to become president and COO, second in command behind CEO Marc Benioff. Taylor’s experience shows that startup…
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