Cloudera launches its all-in-one SaaS data lakehouse

Cloudera, the Hadoop-centric big data company that IPO’d in 2017 and then went private again in a $5.3 blion deal in 2021, is now putting its emphasis on becoming the unified data fabric for hybrid data platforms. Today, the company took a next step in this direction with the launch of its Cl

Google Cloud will shutter its IoT Core service next year

Google Cloud announced this week that it's shutting down its IoT Core service, giving customers a year to move to a partner to manage their IoT devices. The announcement appeared at the top of the IoT Core web page this week with little fanfare. The company also sent an ema

AIOps startup BigPanda raises Series E extension, bringing its total capital to $340M

BigPanda, a startup developing AI to audit changes in IT environments and recommend how to fix them, has raised $20 million in an extension of its Series E round. UBS Next and Wells Fargo Strategic Capital contributed to the tranche, bringing BigPanda’s total raised to $340 million. The compa

Pliops lands $100M for chips that accelerate analytics in data centers

Analyzing data generated within the enterprise — for example, sales and purchasing data — can lead to insights that improve operations. But some organizations are struggling to process, store and use their vast amounts of data efficiently. According to an IDC survey commissioned by Seag

Explo garners $12M Series A as BI dashboard service gains traction

The last time we spoke to Explo, the early-stage startup was announcing its $2.3 million seed round. That was back in November, 2020, a very different time, and a lot has happened since then for the Y Combinator Winter 20 alum. In spite of launching a company at the height of the pandemic, Explo fi

Sync Computing rakes in $15.5M to automatically optimize cloud resources

After a pandemic-driven cloud adoption boom in the enterprise, costs are finally coming under a microscope. More than a third of businesses report having cloud budget overruns of up to 40%, according to a recent poll by observability software vendor Pepperdata. A separate survey from Flexera found

This startup is setting a DALL-E 2-like AI free, consequences be damned

DALL-E 2, OpenAI’s powerful text-to-image AI system, can create photos in the style of cartoonists, 19th century daguerreotypists, stop-motion animators and more. But it has an important, artificial limitation: a filter that prevents it from creating images depicting public figures and conten

As other startups slash spending and hoard cash, Databricks hits accelerator

When Databricks announced earlier this month that it crossed a run rate of $1 billion, it was certainly a big milestone for the company, but it wasn't a huge surprise. The data lake startup has been flying. Almost exactly a year ago, Databricks announced a $1.6 billion raise on an astonishing $

Some frank advice for open source startups seeking product-market fit

It is crazy how giving away your code for free has become a competitive business advantage. Successful companies such as Hashicorp, JFrog, Elastic, MongoDB and Gitlab have demonstrated the power of open source models. Unlike typical enterprise software companies, open source startups must go throug

Amazon launches AWS Private 5G so companies can build their own 4G mobile networks

Amazon’s cash-cow cloud division AWS has launched a new service designed to help companies deploy their own private 5G networks — eventually, at least. AWS first announced AWS Private 5G in early preview late last year, but it’s now officially available to AWS customers starting i

Samsung heir receives presidential pardon in a bid to ‘overcome economic crisis’

Samsung Electronics vice chairman Jay Y. Lee will receive a presidential pardon on Monday, South Korea’s Ministry of Justice said, paving the way for the heir to the country’s biggest company to regain power at the top. Lee was paroled from prison last year after serving 18 months in ja

Dropbase can help turn your messy spreadsheet into queryable SQL database

It's not unusual for a tech company to be born by accident. Famously, Slack was created as a byproduct of a now defunct gaming company. Similarly, when Dropbase founders Jimmy Chan and Ayazhan Zhakhan were in the Y Combinator Winter 20 batch, they were testing the product they had built at the

SaaS startup Stimulus closes oversubscribed $2.5 million seed round

SaaS startup Stimulus announced today the closing of an oversubscribed $2.5 million seed round led by Black Ops Ventures. Tiffanie Stanard launched the company in 2017 with a focus on the supply chain, creating a product that provided establishments with the tools and data to choose, compare and fo

Group of security companies launches open source project to ease data sharing

It's long been known that security is not a problem that companies, even large corporations, can solve on their own. It takes a community working together to battle the kinds of problems that companies are facing today when it comes to cybersecurity. This morning at the Black Hat USA conference