Dropbox to acquire secure document sharing startup DocSend for $165M

Dropbox announced today that it plans to acquire DocSend for $165 million. The company helps customers share and track documents by sending a secure link instead of an attachment. “We’re announcing that we’re acquiring DocSend to help us deliver an even broader set of tools for re

Demostack announces $17.5M investment for demo building platform

Demostack, an early-stage startup that wants to make it easy for companies to build software demos, announced $17.5 million in funding today. The company also announced it was coming out of stealth. That investment breaks down into a $13.5 million Series A led by Bessemer Venture Partners with help

Wefarm adds $11M to expand its network for independent farmers, now at 2.5M users

The vast majority of startups remain focused on consumers, knowledge workers and the opportunities to provide services to those that are already operating completely, or at least partially, in digital environments. But today comes news of funding for a startup building a social network for what is

McAfee sells enterprise biz to Symphony Technology Group for $4B

Security firm McAfee announced this morning that it will be selling its enterprise business to a consortium led by the private equity firm Symphony Technology Group for $4 billion. It should pair well with RSA, another enterprise-focused security company the private equity firm purchased last Febru

Snowflake latest enterprise company to feel Wall Street’s wrath after good quarter

Snowflake reported earnings this week, and the results look strong with revenue more than doubling year-over-year. However, while the company’s fourth quarter revenue rose 117% to $190.5 million, it apparently wasn’t good enough for investors, who have sent the company’s stock tum

How Pariti is connecting founders with capital, resources and talent in emerging markets

According to Startup Genome, Beijing, London, Silicon Valley, Stockholm and Tel Aviv are some of the world’s best startup ecosystems. The data and research organisation uses factors like performance, capital, market reach, connectedness, talent and knowledge to produce its rankings. Startup e

Making sense of the $6.5B Okta-Auth0 deal

When Okta announced that it was acquiring Auth0 yesterday for $6.5 billion, the deal raised eyebrows. After all, it’s a substantial amount of money for one identity and access management (IAM) company to pay to buy another, similar entity. But the deal ultimately brings together two companie

Inside Workvivo's plans to take on Microsoft in the employee experience space

Maintaining company culture when the majority of staff is working remotely is a challenge for every organization — big and small. This was an issue, even before COVID. But it's become an even bigger problem with so many employees working from home. Employers have to be careful that worker

Google speeds up its release cycle for Chrome

Google today announced that its Chrome browser is moving to a faster release cycle by shipping a new milestone every four weeks instead of the current six-week cycle (with a bi-weekly security patch). That’s one way to hasten the singularity, I guess, but it’s worth noting that Mozilla

As activist investors loom, what's next for Box?

Box could be facing troubled times if a Reuters story from last week is accurate. Activist investor Starboard Value took a 7.9% stake in the storage company in September 2019, and a year ago took three board seats as its involvement in the cloud company deepened. It seemed only a matter of time bef

Okta acquires cloud identity startup Auth0 for $6.5B

As Okta announced earnings today after the bell, it revealed that it’s buying cloud identity startup Auth0 for a hefty $6.5 billion. The company had a valuation of $1.92 billion when it raised $120 million led by Salesforce Ventures last July. With Auth0, Okta gets a cloud identity company th

After 200% ARR growth in 2020, CourseKey raises $9M to digitize trade schools

When the COVID-19 pandemic hit and forced educational institutions to go virtual, many were scrambling to develop online or blended curriculums. That struggle was particularly challenging for trade schools, many of which were not designed to teach online and were mostly paper-driven. 

Clari revenue forecasting platform snags $150M investment and triples valuation to $1.6B

Clari, the revenue operations platform that helps companies predict revenue outcomes, announced a $150 million Series E today on a $1.6 billion valuation, a number that more than triples its 2019 Series D valuation of $500 million. Silver Lake led the latest investment with participation from B Cap

6 tips for SaaS founders who don't want VC money

Over the past decade, venture capital has become synonymous with entrepreneurship. Founders from around the world arrive in Silicon Valley with visions of record-setting A rounds and billion-dollar valuations. But what if you don't have unicorn dreams — or you don't want to pursue VC mone