Tag: Enterprise
IBM snaps out of revenue doldrums, breaking a five-quarter losing streak in Q4
International Business Machines is living a case study of a large, established company vying to transform. Over the last decade, the technology elder has struggled to move into areas like cloud and AI. IBM has leaned on a combination of its own R&D abilities and deep pockets to push into…
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Shared inbox startup Front raises $59 million round led by other tech CEOs
Front is raising a $59 million Series C funding round. Interestingly, the startup hasn’t raised with a traditional VC firm leading the round. A handful of super business angels are investing directly in the productivity startup and leading the round. Business angels include Atlassian co-founder and co-CEO Mike Cannon-Brookes, Atlassian…
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TriggerMesh scores $3M seed from Index and Crane to help enterprises embrace ‘serverless’
TriggerMesh, a startup building on top of the open source Kubernetes software to help enterprises go “serverless” across apps running in the cloud and traditional data centers, has raised $3 million in seed funding. The round is led Index Ventures and Crane Venture Partners. TriggerMesh says the investment will be…
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Thundra announces $4M Series A to secure and troubleshoot serverless workloads
Thundra, an early stage serverless tooling startup, announced a $4 million Series A today led by Battery Ventures. The company spun out from OpsGenie after it was sold to Atlassian for $295 million in 2018. York IE, Scale X Ventures and Opsgenie founder Berkay Mollamustafaoglu also participated in the round.…
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Placer.ai, a location data analytics startup, raises $12 million Series A
Placer.ai, a startup that analyzes location and foot traffic analytics for retailers and other businesses, announced today that it has closed a $12 million Series A. The round was led by JBV Capital, with participation from investors including Aleph, Reciprocal Ventures and OCA Ventures. The funding will be used on…
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LumApps raises $70M Series C led by Goldman Sachs
LumApps, the cloud-based social intranet for the enterprise, has closed $70 million in Series C funding. Leading the round is Goldman Sachs Growth, with participation from Bpifrance via its Growth Fund Large Venture. Others participating include Idinvest Partners, Iris Capital, and Famille C (the family office of Courtin-Clarins). The round…
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