Category: Enterprise
CommonGround raises $19M to rethink online communication
CommonGround, a startup developing technology for what its founders describe as “4D collaboration,” is announcing that it has raised $19 million in funding. This isn’t the first time Amir Bassan-Eskenazi and Ran Oz have launched a startup together — they also founded video networking company BigBand Networks, which won two…
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AI chipmaker Graphcore raises $222M at a $2.77B valuation and puts an IPO in its sights
Applications based on artificial intelligence — whether they are systems running autonomous services, platforms being used in drug development or to predict the spread of a virus, traffic management for 5G networks, or something else altogether — require an unprecedented amount of computing power to run. And today, one of…
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With a $50B run rate in reach, can anyone stop AWS?
AWS, Amazon’s flourishing cloud arm, has been growing at a rapid clip for more than a decade. An early public cloud infrastructure vendor, it has taken advantage of first-to-market status to become the most successful player in the space. In fact, one could argue that many of today’s startups wouldn’t…
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OneTrust nabs $300M Series C on $5.1B valuation to expand privacy platform
OneTrust, the 4-year old privacy platform startup from the folks who brought you AirWatch (which was acquired by VMWare for $1.5B in 2014), announced a $300 million Series C on an impressive $5.1 billion valuation today. The company has attracted considerable attention from investors in a remarkably short time. It…
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Perigee snares $1.5M seed to secure HVAC and other infrastructure
It’s been an eventful fall for Perigee CEO and founder Mollie Breen. The former NSA employee participated in the TechCrunch Disrupt Startup Battlefield in September, and she just closed her first seed round on Thanksgiving, giving her a $1.5 million runway to begin building the company. Outsiders Fund led the…
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Amazon asks judge to set aside Microsoft’s $10B DoD JEDI cloud contract win
It’s been more than two years since the Pentagon announced its $10 billion, decade long JEDI cloud contract, which was supposed to provide a pathway to technological modernization for U.S. armed forces. While Microsoft was awarded the contract in October 2019, Amazon went to court to protest that decision, and…
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