Enterprise

Enterprise productivity company Box reported results earlier this week for the first quarter of its fiscal 2023, the three-month period ending April 30. Box managed to beat revenue expectations, though it missed on adjusted per-share profit. Shares of the company initially lost modest ground. You

In Novembar last year, Frederic wrote about Lumigo‘s $29 million Series A round led by Redline Capital. The company makes a cloud-native application monitoring and debugging platform and has raised a total of $38 million since its launch in 2019. In the most recent installment of my Pitch De

In today’s digital economy, you can tell a lot about a company by looking at how well they leverage their product. If you're a forward-thinking business, your product can't only be the means by which you deliver services and value to customers (although it certainly has to be that). W

Assembled, which bills itself as a workforce management platform for customer support teams, today announced that it raised $51 million in a Series B funding round led by New Enterprise Associates, with participation from Emergence Capital and Basis Set Ventures. CEO Ryan Wang says the new capital

Sometimes when there is smoke, there is actually fire. Such was the case with the rumors of Broadcom's interest in VMware this past weekend. It turns out that fire was burning hot, and today, Broadcom announced it is acquiring VMware in a massive $61 billion deal. The deal is a combination of c

Hey, it wasn't that long ago that Box was lost in single-digit growth doldrums being dogged by activist investors. But today, the company announced its earnings, and revenue was up 18% over the prior year to $238.4 million, easily beating consensus estimates of $235 million, according to the co

The pandemic forced businesses to accelerate their digital transformations, which, in turn, sped adoption of the cloud. According to a 2021 survey by O’Reilly, cloud adoption is rising steadily across industries — 90% of organizations now use cloud computing, up from 88% in 2020. At its be

As the demand for AI-powered apps grows, startups developing dedicated chips to accelerate AI workloads on-premises are reaping the benefits. A recent ZDNet piece reaffirms that the AI edge chip market is booming, fueled by “staggering” venture capital financing in the hundreds of milli

In sales, a win/loss analysis is the process of determining why deals are ultimately won or lost. That’s relatively self-explanatory, but more specifically, a win/loss review aims to contrast a sales organization’s performance with an industry or competitors and figure out why an outcom

The process to make any purchase within a business can be long and cumbersome, involving multiple departments and lots of back and forth. A pair of Airbnb alums have teamed up to build a software business aimed at dramatically simplifying that process, or being, in their words, a “concierge for p

PlanetScale,thehighlyscalableMySQLdatabaseservicefoundedbytheco-creatorsoftheincreasinglypopularVitessopensourceproject,todayannouncedaseriesofupdatesthatpushtheplatformbeyonditsbasicdatabasefeaturesbyaddingnewenterprisefeaturesandnewtoolstoimprovethedeveloperexperience. Thefirstofthesenewfeaturesi

Firework, a San Mateo livestreaming commerce company, secured $150 million in Series B funding led by SoftBank Vision Fund 2. The company says it is now valued at $750 million. In 2021, Firework raised $55 million to value it at $230 million. Firework has now taken in more than $235 million in fund

At its virtual Build developer conference today, Microsoft announced the private preview launch of the Microsoft Dev Box, a new virtual developer workstation in the cloud. It’s no secret that it can often be quite a bit of a process for developers to set up a new physical machine according to

Fresh off a $100 million funding round, Hugging Face, which provides hosted AI services and a community-driven portal for AI tools and data sets, today announced a new product in collaboration with Microsoft. Called Hugging Face Endpoints on Azure, Hugging Face co-founder and CEO Clément Delangue