ClickHouse launches ClickHouse Cloud, extends its Series B

Sinceitslaunchasanopen-sourceprojectbyYandexin2016,ClickHousehasbecomeoneoftheleadingdatabasesforonlineanalyticalprocessing(OLAP),allowingbusinessestoquicklygenerateadhocreportsoververylargedatasets.In2021,YandexspunoffClickHouseintoitsowncompanyandjoinedaninitial$50millionSeriesAfundingroundledbyI

Axiom launches its automated identity and access management platform

Axiom, a Tel Aviv-based startup that focuses on automating identity and access management (IAM) for developer platforms, is coming out of stealth today and announcing a $7 mlion seed round led by S Capital. The idea here is to provide a single platform that provides developers with easy access to t

MetalSoft aims to help manage server infrastructure through automation

It’s tough in the current economic climate to hire and retain engineers focused on system admin, DevOps and network architecture. In a recent Gartner survey, IT executives cited talent shortages as the top barrier to adopting emerging technologies. Unfortunately for execs, at the same time re

MergeStat channels open source and SQL to bring ‘operational analytics’ to software engineering

A new open source startup is setting out to help software development teams glean deeper insights from their codebases, using SQL to query all the data sources they use in the software building process. MergeStat, as the startup is known, has flown under the radar until now, but with plans to launc

One Peak scales up and closes $1B fund aimed at European and Israeli growth rounds

There’s a prevailing logic (or you might say hope) in tech that says there is no better time to invent and invest than when the market appears to be in a bad place. With companies like Google and Apple born out of fallow periods, that way of thinking may be understandable — and it is le

Expeto, a startup selling tools to manage private cellular networks, raises $12M

There’s a growing market for private cellular networks, or dedicated cell networks configured to support a company’s specific requirements within a confined area (think a warehouse or wind farm). For example, some mining and energy companies have adopted private cellular networks to hel

Investors sound the alarm about possible private equity tech deals

Enterprise spend management software company Coupa’s investors are ringing the alarm about a possible sale to private equity, concerned that any such transaction in the current investment environment may unreasonably limit its value. This is something you don't see every day. Last week, r

How companies can slash ballooning SaaS costs

As inflation and general economic uncertainties spur C-suites to identify cost-cutting areas within their organizations, software-as-a-service (SaaS) spend is becoming a prime target. SaaS is obviously a broad category, covering any centrally hosted software that’s licensed on a subscription

Aigens scales digital menus in Asia with $14M round led by Ant

Aigens, a Hong Kong-based startup that provides online ordering and marketing tools for the food and beverage industry, picked up a fresh $14 million Series A funding round led by Ant Group, the fintech behemoth affiliated with Alibaba, the company announced Monday. The capital infusion from Ant ca

The era of constant innovation at Amazon could be over

There was a time when AWS re:Invent, the yearly customer extravaganza put on by Amazon's cloud arm, was chock full of announcements. The innovation coming out of the company was so mind-boggling that it was hard to keep up with the onslaught of news. But this year felt different. If last year w

Box reaches $1B run rate in spite of a quarter dogged by currency challenges

Prior to launching as a startup in 2005, Box began as an idea that co-founder and CEO Aaron Levie had for a marketing class — to bring the power of the internet to file-sharing. The concept may not feel revolutionary today, but back then, you could email a file if it was small enough, or you coul

Zylo, a SaaS management platform, raises $31.5M

Software-as-a-service (SaaS) subscriptions have become a fixture of the modern enterprise; organizations with more than 1,000 employees use over 150 SaaS apps on average, according to BetterCloud. Fully managed apps are often a lighter load on IT teams because they’re entirely cloud-based. Bu

Amazon CodeCatalyst provides blueprints for collaborative app development

During a keynote at re:Invent 2022 today, Amazon announced CodeCatalyst, a service designed to take away the heavy lifting of working across different codebases, tools and environments to build apps. Based on the concept of blueprints, CodeCatalyst — currently in preview — provides a &#

Amazon announces Eventbridge Pipes, a simpler way to connect events from multiple services

As developers use multiple Amazon services to compose an application, they typically have to write glue code to communicate between the different services, which can be a time-consuming manual exercise. But today at AWS re:Invent in Las Vegas, the company announced an easier way to connect AWS serv