With a $50B run rate in reach, can anyone stop AWS?
AWS, Amazon's flourishing cloud arm, has been growing at a rapid clip for more than a decade. An early public cloud infrastructure vendor, it has taken advantage of first-to-market status to become the most successful player in the space. In fact, one could argue that many of today’s star
IAC plans to spin off Vimeo as an independent company
IAC announced today that it plans to turn Vimeo into an independent, publicly traded company.
Last month, IAC CEO Joey Levin wrote a letter to shareholders in which he said the holding company had “begun contemplating spinning Vimeo off to our shareholders.” It sounds like the company h
StepZen snares $8M seed to build data integration API
StepZen, a new startup from the crew who gave you Apigee (which was sold to Google in 2016 for $625 million) had a different vision for their latest company. They are building a single API that pulls data from disparate sources to help developers deliver more complex customer experiences online.
To
IBM snags Nordcloud to add multi-cloud consulting expertise
IBM has been busy since it announced plans to spin out its legacy infrastructure management business in October, placing an all-in bet on the hybrid cloud. Today, it built on that bet by acquiring Helsinki-based multi-cloud consulting firm Nordcloud. The companies did not share the purchase price.
OneTrust nabs $300M Series C on $5.1B valuation to expand privacy platform
OneTrust, the four-year-old privacy platform startup from the folks who brought you AirWatch (which was acquired by VMmare for $1.5 billion in 2014), announced a $300 million Series C on an impressive $5.1 billion valuation today.
The company has attracted considerable attention from investors in
How should SaaS companies deliver and price professional services?
The global software as a service (SaaS) industry is sustaining its steep growth trajectory, but developing and pricing professional services is oftentimes a difficult proposition for SaaS companies.
Gartner recently forecast that SaaS revenue worldwide could surpass $140 billion by 2022, which woul
UiPath files confidential IPO paperwork with SEC
UiPath, the robotic process automation startup that has been growing like gangbusters, filed confidential paperwork with the SEC today ahead of a potential IPO.
“UiPath, Inc. today announced that it has submitted a draft registration statement on a confidential basis to the U.S. Securities an
Spryker raises $130M at a $500M+ valuation to provide B2Bs with agile e-commerce tools
Businesses today feel, more than ever, the imperative to have flexible e-commerce strategies in place, able to connect with would-be customers wherever they might be. That market driver has now led to a significant growth round for a startup that is helping the larger of these businesses, including
2020’s top 10 enterprise M&A deals totaled a staggering $165B
While 2020 won’t be remembered fondly by many of us for much of anything, it was a blockbuster year for enterprise M&A with the top 10 deals totaling an astounding $165.2 billion.
This is the third straight year I’ve done this compilation. Last year the number was $40 billion. The y
Amazon asks judge to set aside Microsoft’s $10B DoD JEDI cloud contract win
It’s been more than two years since the Pentagon announced its $10 billion, decade-long JEDI cloud contract, which was supposed to provide a pathway to technological modernization for U.S. armed forces. While Microsoft was awarded the contract in October 2019, Amazon went to court to protest
Hightouch raises $2.1M to help businesses get more value from their data warehouses
Hightouch, a SaaS service that helps businesses sync their customer data across sales and marketing tools, is coming out of stealth and announcing a $2.1 million seed round. The round was led by Afore Capital and Slack Fund, with a number of angel investors also participating.
At its core, Highto
Vista’s $3.5B purchase of Pluralsight signals a maturing edtech market
On Monday, Pluralsight, a Utah-based startup that sells software development courses to enterprises, announced that it has been acquired by Vista for $3.5 billion.
The deal, yet to close, is one of the largest enterprise buys of the year: Vista is getting an online training company that helps retra
AWS introduces new Chaos Engineering as a Service offering
When large companies like Netflix or Amazon want to test the resilience of their systems, they use chaos engineering tools designed to help them simulate worst-case scenarios and find potential issues before they even happen. Today at AWS re:Invent, Amazon CTO Werner Vogels introduced the company
Twitter taps AWS for its latest foray into the public cloud
Twitter has a lot going on, and it’s not always easy to manage that kind of scale on your own. Today, Amazon announced that Twitter has signed a multi-year agreement with AWS to run its real-time timelines. It’s a major win for Amazon’s cloud arm.
While the companies have worked t