Medium news, startups: If you start generating cash, you can sell for 4x ARR
The 2024 IPO season is on the horizon, but until those S-1 filings drop, we at least have private equity M&A to keep us busy.
This week, Everbridge said it had agreed to be taken private by Thoma Bravo for $1.5 billion in an all-cash transaction — a roughly 50% premium on its market cap befor
DocuSign lays off 6% of workforce as reported private equity takeover talks stall
DocuSign has revealed that it’s laying off 6% of its workforce, impacting some 400 employees.
In an SEC filing, the e-signature software company said that the “restructuring plan” will mainly impact those in its sales and marketing teams, and is likely to cost DocuSign between $28
Attack surface management platform Ionix adds another $15M to its $27M Series A round
Ionix (formerly Cyberpion) helps enterprises reduce their attack surface by giving them a better view of their overall security posture and software supply chain across on-premises, cloud and third-party platforms and services. The company today announced that it has added $15 million to its previo
Colossyan uses GenAI to create corporate training videos
Most people don’t watch corporate training videos — or, in cases where the training’s mandatory, don’t give them their full attention. According to a recent poll from Kaltura, the video tech provider, 75% of staffers admit to skimming through training videos, watching them w
Jua raises $16M to build a foundational AI model for the natural world, starting with the weather
Large AI models — the big troves of language, vision and audio data that power generative artificial intelligence services — are shaping up to be as significant in the development of AI as operating systems have been in the development of smartphones: they are, in a way, looking like th
Samsung chief Jay Y. Lee acquitted in 2015 merger case
Samsung Electronics executive chairman Jay Y. Lee has been declared not guilty on the charge of stock price manipulation and accounting fraud related to the merger of Samsung affiliates in 2015, a South Korean Court ruled on Monday.
In the November hearing, prosecutors had called for Lee to be in j
MessageBird rebrands as Bird, and slashes prices by 90% on SMS to take on Twilio
No, don't think Bird Scooters. Think Bird, formerly MessageBird. For the Amsterdam-based unicorn is now re-branding as such after reportedly acquiring the Bird.com domain name a couple of years ago, allegedly for many millions.
Founded in 2011 by Adriaan Mol and Robert Vis, the cloud communicat
Aim Security raises $10M for its GenAI security platform
Securing generative AI-based applications from prompting attacks, ensuring that they don’t leak sensitive data or create malicious output or results that may violate privacy regulations is becoming a real business. We’ve already seen some startups in this space and today, Tel Aviv-based
Google’s first Africa cloud region now operational
Google has today said its cloud region in South Africa is operational, coming a year after the tech giant picked Johannesburg as its first site in Africa.
Cloud regions allow users to deploy cloud resources from specific geographic locations or closer to customers, and gives them access to several
Oasis Security leaves stealth with $40M to lock down the wild west of non-human identity management
When people hear the term “identity management” in an enterprise context, they typically think of apps that help users authenticate who they are on a network in order to access certain services. In a security context, however, human users are just the tip of the iceberg when it comes to
Owner.com grabs $33M Series B to improve online guest experiences for mom-and-pop restaurants
Independent restaurant owners used to heavily rely on foot traffic as their way of marketing. In 2020, the global pandemic changed all that.
Overnight, restaurants needed to set up online ordering, have a plan for pick-up and delivery and find new ways to get in front of customers no longer going o
Sundar Pichai says Google One cloud storage service has nearly 100M subscribers
Google CEO Sudar Pichai said that the company’s Google One cloud storage service is ” just about to cross” 100 million subscribers.
Speaking during Alphabet’s Q4 2023 earnings call, Pichai added that the company is looking to add more AI-powered features to the Google One se
Why there’s no clear winning pricing strategy in B2B SaaS
It's been a long time since Salesforce helped change the world of technology by claiming it was going to end software. Its model of selling access to a managed service that was hosted on the cloud (what we generically call software as a service today, or SaaS) didn't end software, of course
Nile raises $11.6M in seed funding to build a Postgres-powered data layer for SaaS applications
SaaS needs a new data system. That’s the driving idea behind Nile, a startup that aims to create this data system with serverless Postgres at its core. Co-founded by Sriram Subramanian, the former head of cloud engineering at Confluent, and Gwen Shapira, the former engineering lead for the Ka