Enterprise

When Pinecone announced a vector database at the beginning of last year, it was building something that was specifically designed for machine learning and aimed at data scientists. The idea was that you could query this data in a format that machines understand, making it much faster. Originally th

It’s Halloween. And, if you’re contract management software company Icertis, it’s payday. After raising $115 million in 2019, Icertis today secured $150 million — $75 million in convertible debt and a $75 million revolving credit facility — in a combined tranche from S

Over the last two and a half years, remote and hybrid working has become the norm — a majority of employed Americans have the option of working from home for all or part of the week, and 87% of workers who were offered remote work embraced the opportunity heartily. While some companies are pushin

If you're a regular reader of this publication, chances are you know that it hasn't been a great year for many tech company stocks — one in which giants like Meta, Amazon, and Alphabet have been mauled by the markets after less than stellar earnings reports. Even an enterprise stalwart li

With the big three — Amazon, Microsoft and Google — reporting earnings this week, we learned that the cloud infrastructure market topped $57 billion for the quarter, up $11 billion over the same period last year. That adds up to 24% growth, according to data from Synergy Research. It might not

Nearly five years ago, Amazon Web Services (AWS) launched Neptune, a service for running apps that need a graph database to store and query connected datasets. Now, to keep up with the serverless trend, AWS is expanding the offering with Amazon Neptune Serverless, a serverless option for Neptune th

Thoma Bravo and Sunstone Partners announced today that they're acquiring customer insight platform UserTesting for $1.3 billion in an all-cash deal. The acquirers say they plan to combine it with UserZoom, a customer research company Thoma Bravo bought an $800 million majority stake in last Apr

Persona, a four-year-old identity startup, has done pretty well for itself with its original identity verification idea, an API that lets companies capture various documents like a driver's license or passport to prove who you are online. It went so well, the company announced today that it has

Streamlined Ventures, led by Ullas Naik, secured $140 million in new capital commitments for its two newest funds. This brings the total funds managed to eight with the assets under management reaching about $325 million. Institutional investors, family offices and high net worth individuals pumped

SGNL.ai, a company developing enterprise authorization software, today announced that it raised $12 million in seed funding led by Costanoa Ventures with participation from Fika Ventures, Moonshots Capital and Resolute Ventures. CEO Scott Kriz said the proceeds will be used to develop the company&#

Five years ago the blockchain was blossoming in the enterprise, or so many companies had us believe. Back then, companies like SAP and IBM were trying to build blockchain practices, but while the technology sounded good to solve myriad problems in the enterprise, it never really took off. Fast-forw

Networking and cybersecurity firm Versa today announced that it raised $120 million in a mix of equity and debt led by BlackRock, with participation from Silicon Valley Bank. CEO Kelly Ahuja tells technewss that the proceeds, which bring Versa’s total capital raised to $316 million, will be

Cinchy, a startup that provides a data management service for enterprise customers, today announced that it raised $14.5 million in Series B funding led by Forgepoint Capital with participation from IVP, SUV, Techstars and Mars. Bringing the company’s total raised to $24 million, the capital

Samsung Electronics has appointed Jay Y. Lee as the executive chairman to lead the world’s largest smartphone and memory chipmaker, two months after the heir received a presidential pardon that erased the 54-year-old’s criminal record.  Last year, Lee was paroled from prison after serv