Styra, the startup behind Open Policy Agent, nabs $40M to expand its cloud-native authorization tools
As cloud-native apps continue to become increasingly central to how organizations operate, a startup founded by the creators of a popular open-source tool to manage authorization for cloud-native application environments is announcing some funding to expand its efforts at commercializing the opport
Artificial raises $21M led by Microsoft’s M12 for a lab automation platform aimed at life sciences R&D
Automation is extending into every aspect of how organizations get work done, and today comes news of a startup that is building tools for one industry in particular: life sciences. Artificial, which has built a software platform for laboratories to assist with, or in some cases fully automate, res
With $21M in funding, Code Ocean aims to help researchers replicate data-heavy science
Every branch of science is increasingly reliant on big data sets and analysis, which means a growing confusion of formats and platforms — more than inconvenient, this can hinder the process of peer review and replication of research. Code Ocean hopes to make it easier for scientists to collaborat
Merge raises $4.5M to help B2B companies build customer-facing integrations
Merge, a startup that helps its users build customer-facing integrations with third-party tools, today announced that it has raised a $4.5 million seed round led by NEA. Additional angel investors include former MuleSoft CEO Greg Schott, Cloudflare CEO Matthew Prince, Expanse co-founders Tim Junio
Cisco strikes again grabbing threat assessment tool Kenna Security as third acquisition this week
Cisco has been busy on the acquisition front this week, and today the company announced it was buying threat assessment platform Kenna Security, the third company it has purchased this week. The two companies did not disclose the purchase price.
With Kenna, Cisco gets a startup that uses machine le
New Relic is bringing in a new CEO as founder Lew Cirne moves to executive chairman role
At the market close this afternoon ahead of its earnings report, New Relic, an applications performance monitoring company, announced that founder Lew Cirne would be stepping down as CEO and moving into the executive chairman role.
At the same time, the company announced that Bill Staples, a softwa
Software subscriptions are eating the world: Solving billing and cash flow woes simultaneously
Although recurring revenue businesses have been around for a long time, the trend toward a subscription economy has escalated rapidly in the last few years. IDC expects that by 2022, 53% of all software revenue will be purchased with a subscription model. Even the car subscription market is set to
Busy day at VMware ended yesterday with Ragurham as CEO and COO Poonen exiting
They say for every door that opens another closes, and the executive shuffle at VMware is certainly proving that old chestnut true. Four months after Pat Gelsinger stepped down as CEO to return to run Intel, the virtual machine pioneer announced yesterday that long-time exec Raghu Raghuram was taki
BluBracket nabs $12M Series A to expand source code security platform
BluBracket, an early-stage startup that focuses on keeping source code repositories secure, even in distributed environments, announced a $12 million Series A today.
Evolution Equity Partners led the round, with help from existing investors Unusual Ventures, Point72 Ventures, SignalFire and Firebol
Worksome pulls $13M into its high skill freelancer talent platform
More money for the now very buzzy business of reshaping how people work: Worksome is announcing it recently closed a $13 million Series A funding round for its “freelance talent platform” — after racking up 10x growth in revenue since January 2020, just before the COVID-19 pandemi
AWS releases tool to open source that turns on-prem software into SaaS
AWS announced today that it’s releasing a tool called AWS SaaS Boost as open source distributed under the Apache 2.0 license. The tool, which was first announced at the AWS re:Invent conference last year, is designed to help companies transform their on-prem software into cloud-based software
Ahead of Dell’s spin out, VMware appoints longtime exec Raghu Raghuram as its new CEO
Five months after it was announced that Pal Gelsinger would be stepping down as CEO of VMware to take the top job at Intel, the virtualization giant has finally appointed a permanent successor. Raghu Raghuram — a longtime employee of the company — has been appointed the new CEO. He will
Cisco to acquire Indy startup Socio to bring hybrid events to Webex
Cisco announced this morning that it intends to acquire Indianapolis-based startup Socio, which helps plan hybrid in-person and virtual events. The two companies did not share the purchase price.
Socio provides a missing hybrid event management component for the company to add to its Webex platform
Salesforce is bringing drag and drop interactive components to its low-code toolkit
Low-code and no-code tools abound these days, as the industry attempts to give nontechnical end users the ability to create applications without code (or very little anyway). Salesforce has been a big proponent of this approach to help reduce the complexity of working on its platform, and today the