Lightbits Labs lands $42M to speed up server data transfers
Data centers with servers attached to solid-state drives (SSDs) can suffer from an imbalance of storage and compute. Either there's not enough processing power to go around, or physical storage limits get in the way of data transfers, Lightbits Labs CEO Eran Kirzner explains to technewss.
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Databricks launches Project Lightspeed, its next-gen Spark streaming engine
At its Data + AI Summit, Databricks today made the requisite number of announcements one would expect from a company’s flagship developer event. Among those are the launch of Delta Lake 2.0, the next version of its platform for buding data lakehouses, MLflow 2.0, the next generation of its pl
Heyday lands $6M to build a knowledge base from the services you already use
Ever spend much too long trying — and failing — to rediscover articles you’ve partially read? This reporter’s been there, and it seems I’m not the only one. According to a 2021 Carnegie Mellon study on browser tab usage, many participants admitted to feeling overwhelme
Sharebite bags $39M to expand its corporate food ordering program
Sharebite, a startup that partners with restaurants to deliver food to corporate clients, today announced that it raised $39 million in a Series B round led by Prosus with participation from Fiserv, Contour Venture Partners, Reign Ventures, London Technology Club and Not Boring Fund. Co-founder and
Google Cloud’s new sustainability platform aims to bring enterprise climate goals down to earth
If you ask most executives if they want to do the right thing by the planet, chances are they are going to say yes, even if they don't know exactly what that involves. Some companies could exaggerate their intentions in a process known as “greenwashing,” but companies with more honorable mo
Right-size your tech stack to withstand the downturn
With a recession looming and economic headwinds showing no sign of abating, many companies are scrambling to cut costs. Software is a prime category for optimization, and many organizations are paying 50% more on cloud technologies than they did just two years ago.
It's tempting to over-invest
After several bruising months, industry analysts see Zendesk sale as pressure release
When Zendesk announced it had been acquired by a consortium of private equity firms on Friday for $10.2 billion, it seemed a sudden and jarring end for a company that had once pioneered customer service in the cloud, especially since the organization had recently vowed to stay independent.
But ther
Zendesk's final selling price is a warning shot for unicorns
Zendesk this morning agreed to sell itself to an investor consortium for $10.2 billion in cash, or $77.50 per share. The deal comes months after the U.S. software company declined a $17 billion offer.
The Zendesk saga of 2021 and 2022 has been complicated, full of twists and turns. That it is closi
Zendesk drama concludes with $10.2 billion private equity acquisition
Zendesk has had a difficult time over the last several months. It has been hounded by activist investors, Jana Partners. It turned down a $17 billion acquisition in February believing it was worth more. Its investors turned down a deal to buy Survey Monkey’s parent company, Momentive the same
Pitch Deck Teardown: WayRay’s $80M Series C deck
We have quite a unique pitch deck on our hands today.
A few years ago, AR car hardware company WayRay raised $80 million at a half-a-billion valuation in a Series C round led by Porsche, and I’m super excited to show off their pitch deck today! Yes, it’s a little bit older than so
EV fleet management startup Synop steers its way to $10M seed round
When it comes to moving the transportation sector over to EVs, commercial fleets are probably some of the lowest hanging fruit. More often than not, they have consistent routes, reserved off-hour parking and cost a lot less to drive and maintain.
But for many commercial operators, EVs are still a w
Vibrant Planet raises $17M seed round to grow forest restoration SaaS
For Allison Wolff, the 2018 wildfire season in California marked a turning point. During that record-breaking year, she started asking a lot of questions.
“We were in the middle of the 2018 wildfire season, with the Carr Fire, and what I thought at the time was the worst season ever,” W
ConductorOne is bringing automation to identity and access management with $15M investment
The founders of ConductorOne, an identity and access control startup, both came from Okta, which is itself a single sign-on vendor based on the zero trust model. In fact, they were in charge of authentication and zero-trust products and saw firsthand how companies were struggling to control permiss
Starburst acquires data lake analytics accelerator Varada to challenge Snowflake
Starburst, the well-funded data warehouse analytics service and data query engine based on the open source Trino project, today announced that it has acquired Varada, a Tel Aviv-based startup that focuses on data lake analytics. Using Varada’s proprietary indexing technology, enterprises can