Cado Security locks in $10M for its cloud-native digital forensics platform
As computing systems become increasingly bigger and more complex, forensics have become an increasingly important part of how organizations can better secure them. As the recent SolarWinds breach has shown, it’s not always just a matter of being able to identify data loss, or prevent hackers
Dell is spinning out VMware in a deal expected to generate over $9B for the company
Dell announced this afternoon that it’s spinning out VMware, a move that has been suspected for some time. Dell acquired VMware as part of the massive $58 billion EMC acquisition (announced as $67 billion) in 2015.
The way that the deal works is that Dell plans to offer VMware shareholders a
PlexTrac raises $10M Series A round for its collaboration-centric security platform
PlexTrac, a Boise, ID-based security service that aims to provide a unified workflow automation platform for red and blue teams, today announced that it has raised a $10 million Series A funding round led by Noro-Moseley Partners and Madrona Venture Group. StageDot0 ventures also participated in th
Zoho launches new low code workflow automation product
Workflow automation has been one of the key trends this year so far, and Zoho, a company known for its suite of affordable business tools has joined the parade with a new low code workflow product called Qntrl (pronounced control).
Zoho’s Rodrigo Vaca, who is in charge of Qntrl’s market
Docugami’s new model for understanding documents cuts its teeth on NASA archives
You hear so much about data these days that you might forget that a huge amount of the world runs on documents: a veritable menagerie of heterogeneous files and formats holding enormous value yet incompatible with the new era of clean, structured databases. Docugami plans to change that with a syst
Microsoft goes all in on healthcare with $19.7B Nuance acquisition
When Microsoft announced it was acquiring Nuance Communications this morning for $19.7 billion, you could be excused for doing a Monday morning double take at the hefty price tag.
That’s surely a lot of money for a company on a $1.4 billion run rate, but Microsoft, which has already partnered
Microsoft is acquiring Nuance Communications for $19.7B
Microsoft agreed today to acquire Nuance Communications, a leader in speech to text software, for $19.7 billion. Bloomberg broke the story over the weekend that the two companies were in talks.
In a post announcing the deal, the company said this was about increasing its presence in the healthcare
SnackMagic picks up $15M to expand from build-your-own snack boxes into a wider gifting marketplace
The office shut-down at the start of the COVID-19 pandemic last year spurred huge investment in digital transformation and a wave of tech companies helping with that, but there were some distinct losers in the shift, too — specifically those whose business models were predicated on serving th
Daily Crunch: KKR invests $500M into Box
Box gets some financial ammunition against an activist investor, Samsung launches the Galaxy SmartTag+ and we look at the history of CryptoPunks. This is your Daily Crunch for April 8, 2021.
The big story: KKR invests $500M into Box
Private equity firm KKR is making an investment in
Immersion cooling to offset data centers’ massive power demands gains a big booster in Microsoft
LiquidStack does it. So does Submer. They’re both dropping servers carrying sensitive data into goop in an effort to save the planet. Now they’re joined by one of the biggest tech companies in the world in their efforts to improve the energy efficiency of data centers, because Microsoft
Quiq acquires Snaps to create a combined customer messaging platform
At first glance, Quiq and Snaps might sound like similar startups — they both help businesses talk to their customers via text messaging and other messaging apps. But Snaps CEO Christian Brucculeri said “there’s almost no overlap in what we do” and that the companies are “
Industry experts bullish on $500M KKR investment in Box, but stock market remains skeptical
When Box announced it was getting a $500 million investment from private equity firm KKR this morning, it was hard not to see it as a positive move for the company. It has been operating under the shadow of Starboard Value, and this influx of cash could give it a way forward independent of the acti
Alyce, an AI-based personalised corporate gifting startup, raises $30M
Swag has a long and patchy history in the world of business. For every hip pair of plaid socks, there are five t-shirts you may never wear, an itchy scarf, a notepad your kids might use, and an ugly mug; and most of all, likely thousands of dollars and lots of time invested to make those presents a
YC-backed Abacum nets $7M to empower finance teams with real-time data and collaboration tools
SaaS to support mid-sized companies’ financial planning with real-time data and native collaboration isn’t the sexiest startup pitch under the sun but it’s one that’s swiftly netted Abacum a bunch of notable backers — including Creandum, which is leading a $7M seed rou