Enterprise

FullStory, which sells analytics tools for apps and websites, secured $25 million in new equity financing, paperwork filed with the U.S. Securities and Exchange Commission this week shows.  According to Crunchbase, the infusion is FullStory’s first since August 2021, bringing the companyR

Cloud security startup Wiz launched just two years ago. It released its first product about 18 months ago. In December the company announced a $550 million Series A on a $6 billion valuation. That's a lot of money for an early-stage startup, and it put a lot of pressure on the founders to live

Veteran cannabis tech company WM Technology is rebranding and expanding its SaaS offering to move upstream beyond its existing Weedmaps marketplace. Previously known as WM Business, this B2B subscription-based suite will now be known as Weedmaps for Business, a service designed to offer an end-to-e

After pulling open roles across its Office and Windows divisions and letting go of a portion of its 180,000-person workforce in July, Microsoft made additional cuts this week. This layoff round was concentrated in its Modern Life Experiences (MLX) group, one of the groups responsible for customer-f

Fresh off of an expansion to Mexico, Google today previewed the launch of new Google Cloud regions concentrated in Asia-Pacific (APAC), specifically Malaysia, Thailand and New Zealand. When they come online, they’ll bring Google’s total number of cloud regions to 34 — short of Azu

It’s been just a few weeks since OpenAI began allowing customers to commercially use images created by DALL-E 2, its remarkably powerful AI text-to-image system. But in spite of the current technical limitations and lack of volume licensing, not to mention API, some pioneers say they’re

In this challenging fundraising environment, more startups than ever are turning to alternative financial solutions such as debt. Despite the negative connotation associated with debt, a startup should not view it as an act of desperation during downturns, as technewss's Kyle Wiggers has recen

Spin Technology, a data protection software vendor catering to enterprise clientele, today announced that it raised $16 million in a Series A round led by Blueprint Equity with participation from Santa Barbara Venture Partners and Blu Venture Investors. CEO Dmitry Dontov said that fresh capital 

Earnings season is winding down, with the biggest tech companies’ results now comfortably behind us. To ensure that we’re extracting the maximum from the reporting cycle, technewss chatted with a handful of smaller companies after their second-quarter numbers dropped, digging into the

Ping Identity was in the news last week with a huge deal to sell itself to private equity investors after several years as a public company. Ping CEO Andre Durand launched his identity company way back in 2002, raising around $128 million in venture funding along the way. In a 2015 interview with T

The pandemic prompted countless companies to migrate to the cloud. By 2025, driven partly by the need for digital services, 85% of enterprises will have a cloud-first principle, according to Gartner. But the transition isn’t always easy. In a recent MuleSoft survey, 84% of organizations said

Global investment giant Vista Equity Partners has announced plans to acquire automated tax compliance software provider Avalara in an all-cash deal worth $8.4 billion. Founded in 2004, Seattle-based Avalara works with companies including Zillow, Pinterest and Roku, helping to automate many of the t

AI’s strength lies in its predictive prowess. Fed enough data, the conventional thinking goes, a machine learning algorithm can predict just about anything — for example, which word will appear next in a sentence. Given that potential, it’s not surprising that enterprising investm

Red Hat announced a new CEO last month when it promoted 16-year veteran Matt Hicks, who’s been on the job for several weeks now. His predecessor, Paul Cormier, stepped down to move into the chairman role. It's never easy making a transition like this, but Hicks has Cormier, his longtime