Enterprise

The SaaS revolution began in 1999 when Marc Benioff founded Salesforce.com. Salesforce went public in 2004 after achieving $96 million in annual sales. Sixteen years later, it was added to the Dow Jones Industrial Average after reporting revenues of $17.1 billion in fiscal 2020. SaaS is no longer a

When Backblaze first filed to go public, technewss found it a compelling company. With a central core of content to help power customer acquisition and a huge swath of customers, it was an interesting cloud storage play. But when it came to pricing, we had little idea of how to value the company.

Whimsical, a startup creating tools for workplace collaboration, announced Tuesday its first funding round, a $30 million Series A investment led by Accel. The company was founded by Kaspars Dancis in 2017 when he saw that the tools most people use for work — the documents, spreadsheets and s

Microsoft today announced the launch of the Azure OpenAI Service, which, as the name implies, makes OpenAI’s machine learning models available on the Azure platform. Specifically, that means GPT-3, OpenAI’s groundbreaking language model that can, under the right circumstances, produce h

At its Ignite conference today, Microsoft announced a number of new features for its Azure data platform. These range from a first preview of the 2022 edition of its venerable SQL Server line to updates to the Azure Synapse Analytics platform and new tools that make it easier to move Cassandra work

Microsoft Azure, just like its competitors, launched a number of tools in recent years that allow enterprises to use a single platform to manage their virtual machines and containers across clouds and in their own data centers. For Microsoft, the main tool for managing these is Azure Arc. Given the

Contra, a professional network for independent workers, unveiled a new payment model Tuesday that lets users accept payments for their services on Contra without paying any commission fees. The new feature comes as the company brings in $30 million in Series B funding, led by NEA, with participatio

Activeloop, a member of the Y Combinator summer 2018 cohort, is building a database specifically designed for media-focused artificial intelligence applications. Today the company announced a $5 million seed investment led by 468 Capital and CM Ventures, with participation from Tribe Capital, Shast

In many companies, post-sales can be a bit of a haphazard process, with customer success, marketing and product teams all trying to figure out how to provide the best service to new and existing customers. With limited resources, that often means focusing on a few customers. Magnify aims to automat

Moka, a six-year-old Chinese startup that wants to make human resources management easier with software, said today it has closed a $100 million Series C round. The startup aims to automate all stages of talent management, from hiring to retaining existing staff. For example, its software can autom

When Zendesk announced it was acquiring Momentive Global Inc. (the organization behind SurveyMonkey) for $4.13 billion last week, it might have felt like a steep price to pay, but it seems that companies are willing to pay a high price to understand what users and customers are thinking — and

The Big Three cloud infrastructure vendors — Amazon, Microsoft and Google — all reported earnings this week. As you might expect, they did just fine with a growing market that passed $45 billion worldwide, good for a mind-boggling $180 billion run rate and trailing 12 month revenue of $

Salted, a Los Angeles-based startup creating digitally native quick-service restaurant brands, brought in a new round of $16 million in Series A funding to continue its nationwide expansion. The company was founded seven years ago by CEO Jeff Appelbaum, but a focus on providing healthy QSR brands a

As companies gather ever-growing sets of data, finding issues with that data that could impact the viability of a machine learning model becomes increasingly important. Anomalo is putting machine learning to work to help solve the data viability issue automatically. Today the company announced a $3