OtterTune, which taps AI to optimize databases, raises $12M

Databases are in wide use today, powering the apps that people use every day for work and play. But they can be challenging to build, configure and maintain — particularly as their usage continues to grow. According to a recent Redgate survey, 70% of companies now use more than one database i

How Red Hat became the tip of the spear for IBM’s rejuvenation strategy

When IBM paid $34 billion to acquire Red Hat in 2018, it was a big bet on a hybrid cloud future, one that appears to be paying off four years after the deal was announced. Over the last couple of quarters, IBM has produced slow but steady single-digit growth, and the positive results were led by th

SirionLabs lands $85M to inject contract management with automation

Contract lifecycle management (CLM), the method of managing a contract from initiation through award, compliance and renewal, can be costly for companies. World Commerce and Contracting estimates the average cost of a simple contract at $6,900, rising to more than $49,000 for more complex agreement

WizeHire lands fresh cash to expand its SMB-focused hiring platform

WizeHire, a hiring service for small- and medium-sized (SMB) businesses, has raised $30 million in a Series B funding round led by Tiger Global, with participation from Amplo and Mercury. The tranche values the company at $250 million post-money, and co-founder and CEO Sid Upadhyay says that itR

Paddle, the company that wants to take on Apple in IAP, raises $200M at a $1.4B valuation to supercharge SaaS payments

Software as a service has become the default for how organizations adopt and use apps these days, thanks to advances in cloud computing and networking, and the flexibity of pay-as-you-use models that adapt to the evolving needs of a business. Today, a company called Paddle, which has but a large bu

Cloudflare heads effort to make JavaScript environments interoperable

Cloudflare today announced that it’s collaborating with Deno, the development company behind the eponymous Deno runtime, and individual contributors of the Node.js open source project to create standards that enable developers to write code between Deno, Node.js and Cloudflare’s serverl

Business intelligence and analytics firm Pyramid Analytics raises $120M

Business intelligence is an increasingly well-funded category in the software-as-a-service market. By handling large amounts of data to analyze and benchmark lines of business, BI promises to help identify, develop and otherwise create new revenue opportunities. Pervasive BI remains elusive, but st

How will tech companies cope with an office-free future?

What’s to become of the tech company office, and how do companies function without the structure that working together in the same building has traditionally provided us? That’s a monumental question facing tech companies today as they struggle to define their approach to work in a post

The stock market is down, but these 4 tech companies prove there’s still good news out there

It's been a rough week. After the Supreme Court leak, way too much layoff news, the stock prices of the largest tech companies in retreat and a general feeling that the economy is going in the wrong direction, it's easy to think everything sucks. But we're here to lift your spirits a li

Partner breakout sessions will drop serious knowledge at TC Sessions: Mobility 2022

We're less than two weeks away from kicking off TC Sessions: Mobility 2022. Our first in-person mobility event since 2019 — holy cats! — takes place on May 18-19 in San Mateo, California, followed by an online event on May 20.  Don't miss this opportunity to connect with hundreds of yo

Codenotary launches a full-stack monitoring solution for Kubernetes and VMware environments

Codenotary, the company behind the immutable immudb open source database and a software supply chain security service built on top of it, today announced that it is also adding a full-stack Kubernetes and VMware vSphere monitoring service for operations and DevOps teams on top of that. Basically, w

Tomorrow Farms wants to revamp the pantry

Tomorrow Farms is fueling a sustainable food train with ingredients to turn the pantry and refrigerator staples we know now into foods that are better for us and kinder to animals and the planet. The company is poised to launch its first product later this month — co-founder and CEO Ben Berman wa

This open source tool used by Google, Meta and MIT is helping rethink knowledge management

Logseq founder Tienson Qin takes a lot of notes about his work. He also likes to draw together with his six-year-old daughter on an iPad, and he found that the notes tool he had been using for years doesn't run on the tablet. So like all enterprising engineers, he decided to build a new tool th

Shopify acquires shipping logistics startup Deliverr for $2.1B

Shopify today announced that it will acquire Deliverr, a San Francisco, California-based e-commerce fulfillment startup, for $2.1 billion in cash and stock. The deal, rumors of which were reported in April by Bloomberg, is the largest acquisition in Shopify’s history, and Shopify founder and