Cloud security vendor Mitiga lands $45M, valuing the company at over $100M

Companies moved en masse to the cloud during the pandemic, under pressure to digitally transform. According to a 2021 survey from O'Reilly, cloud adoption steadily rose across industries, with 90% of organizations using cloud computing compared to 88% in 2020. The accelerated cloud adoption led

Microsoft lays off an ethical AI team as it doubles down on OpenAI

Microsoft laid off an entire team dedicated to guiding AI innovation that leads to ethical, responsible and sustainable outcomes. The cutting of the ethics and society team, as reported by Platformer, is part of a recent spate of layoffs that affected 10,000 employees across the company. The elimin

Qualtrics accepts $12.5B all-cash acquisition offer to go private

Qualtrics, the software company behind an experience management platform used by thousands of companies such as Uber, Coca-Cola and Pfizer, has accepted a $12.5 billion all-cash offer from private equity firm Silver Lake and Canada Pension Plan Investment Board (CPP Investments). The confirmation c

The long goodbye at Salesforce continues with more layoffs reported today

It would be easy to think that when Salesforce announced that it was laying off 10% of the workforce in January that it would let those folks know, and it would be over with — but some employees didn't learn about their fate until February. It looks like still more are just learning they

UK closes ‘Jedi Blue’ antitrust collusion case against Google and Meta

The U.K.’s Competition and Markets Authority (CMA) won’t be pursuing an anticompetition collusion case against Google and Facebook’s parent Meta, following a similar decision made by its counterparts in the Europe Union. However, Google will remain under the CMA’s spotlight,

Q1 2023 market map: SaaS cost optimization and management

When engaging with our portfolio companies as well as with new investment opportunities, we’ve noticed that “profitability” and “efficiency” are two words that are often grouped with “growth” in every sentence. Three months into 2023, investors continue to

ChatGPT comes to Microsoft’s enterprise-focused, Azure-powered managed service

ChatGPT, OpenAI’s viral, AI-powered chatbot tech, is now available in a more enterprise-friendly package. Microsoft today announced that ChatGPT is generally available through the Azure OpenAI Service, the company’s fully managed, corporate-focused offering designed to give businesses a

Loft makes working with virtualized Kubernetes clusters easier

Loft Labs helps developers — and the businesses that employ them — more efficiently use their Kubernetes clusters by virtualizing Kubernetes itself. This makes it easier to share a single Kubernetes cluster with multiple developers working on different projects instead of spinning up a

GitHub to require 2FA for all contributors starting from March 13

GitHub is set to require two-factor authentication (2FA) for all developers who contribute code to any project on the platform, a move designed to bolster the software supply chain. The Microsoft-owned code-hosting platform announced last May that it intended to make 2FA mandatory by the end of 202

Project management service Zenhub raises $10M as it goes beyond GitHub

Zenhub got its start in 2014 as a project management service for developers that was deeply integrated with GitHub. While the company has expanded its feature set over the years, users always needed a GitHub account to use it, even as its user base expanded beyond the original developer audience to

ThoughtSpot adds GPT-3 integration to help customers query data

So far this week we've seen generative AI come to CRM from Salesforce and to customer service chatbots from Forethought — and that's just the ones I've covered. Today, we look at ThoughtSpot's generative AI entry, which lets you query your data using natural language to get te

Building a lean B2B startup growth stack

Growing a B2B business is becoming increasingly complex. The market is inundated with products thanks to the explosion of SaaS, it’s getting harder to leverage ad platforms and email, and identity management is Byzantine. Today, a prospect is a lot harder to understand than a user. Tracing th

Google’s new developer preview of Android 14 focuses on privacy and security

Google’s Android release cadence for Android has become a familiar annual ritual. A month ago, the company launched the first developer preview of Android 14 and now, a month later, here is the second developer preview. Like with the first release, this is very much a version that’s sti

Microsoft makes it easier to integrate quantum and classical computing

By default, every quantum computer is going to be a hybrid that combines quantum and classical compute. Microsoft estimates that a quantum computer that will be able to help solve some of the world’s most pressing questions will require at least a million stable qubits. It’ll take massi