Sift raises $7.5M to build a telemetry stack for the ‘digital backbone to the physical world’

Excellent hardware requires an excellent software stack. Few parts of that stack more clearly illustrate this point than telemetry, which essentially refers to the collection of real-time, critical data on machine performance. A weak telemetry system can spell catastrophe for hardware projects, so

Cast AI, which helps companies optimize cloud spend, lands $35M

The mass move to digital during the pandemic and the embrace of generative AI accelerated cloud adoption, and the trend hasn’t reversed. On the contrary, Gartner estimates that, in 2023, global end-user spending on public clouds will reach over $599 billion, up from $421 billion in 2021 and

Integration.app uses LLMs to connect apps and services together

Several years ago, Daniil Bratchenko, one of the first employees at DataRobot, the AI and data science platform, observed that enterprises adopting software-as-a-service (SaaS) apps experienced a perennial challenge. Despite the abundance of tools to build integrations between SaaS apps and service

Volante raises $66M for payments tech for banks and other legacy financial businesses

“Digital transformation” among enterprises hasn’t happened with quite the gusto that people predicted it would a few years ago. But today, a startup building fintech technology — for businesses to modernize legacy financial services like payments — is announcing a dece

Enable, a platform for managing B2B rebates, is now worth $1B

There’s a new unicorn in town, and its name is Enable. A rebate management platform, Enable today announced that it raised $120 million in a Series D funding round that values the company at $1 billion pre-money. Lightspeed Venture Partners, Menlo Ventures, Norwest Venture Partners, Insight P

Sources confirm that Salesforce intends to announce new Slack CEO next week

It was a whirlwind kind of day at Salesforce and Slack as the company learned that Slack CEO Lidiane Jones would be leaving at the end of the year to become CEO at dating app Bumble. Sources, who chose to speak on background because they were not authorized to speak on behalf of the company, confir

Decentralized communication protocol Matrix shifts to less-permissive AGPL open source license

Element, the company and core developer behind the decentralized communication protocol known as Matrix, has announced a notable license change that will make the open source project just that little bit less appealing for companies looking to build on top of it. The London-based company revealed t

Bumble announces Slack CEO Lidiane Jones will be its new chief exec

In a fast-moving news cycle, a personnel change wouldn't seem to catch our attention, but this morning dating app Bumble announced a doozy: It's replacing founder CEO Whitney Wolfe Herd with Slack CEO Lidiane Jones. Jones only started as CEO at Slack last year, replacing another founder CEO

Amazon’s code-generating tool gets MongoDB-specific upgrades

Between open source and cloud-hosted, more proprietary solutions, there’s an abundance of AI-powered code-generating tools to choose from. So how does one choose? That’s a nuanced question. Beyond stronger performance on particular sets of programming languages or logic problems, there&

Daytona wants to be an enterprise-grade GitHub Codespaces

A new company is setting out to “fill the enterprise void” left by GitHub Codespaces,” with a platform that enables companies to bring all their development environment endeavors in-house. Cloud-based coding is all the rage, a trend that has accelerated in recent years with the in

PagerDuty scoops up incident management startup Jeli.io

PagerDuty announced this afternoon that it intends to acquire Jeli.io, an early-stage incident management startup. The companies did not share the price. Jeli was founded in 2019 by Nora Jones, a chaos engineering veteran, who had previously worked at Netflix and Slack. Jones went to work building

Factory wants to use AI to automate the software dev lifecycle

Developer velocity, the speed at which an organization ships code, is often impacted by necessary but lengthy processes like code review, writing documentation and testing. Inefficiencies threaten to make theses processes even longer. According to one source, developers waste 17.3 hours per week du

Charm offensive: Google’s Gradient backs this startup to bring more pizzazz to the command line

A young startup is setting out to transform the command line interface (CLI) into something a little more fitting for the modern age — something a little more glamorous. Charm is a four-year-old company founded by former Apple, Last.fm, and TweetDeck engineer Toby Padilla, alongside Christian

New Facebook Stories API helps creators share directly from third-party desktop or web apps

Meta is introducing a new API that makes it easier to create and share a Facebook Story directly from a third-party desktop or web app. The social networking ad titan first introduced Stories to the main Facebook app in 2017, emulating a feature it had added to Instagram the previous year as well a