Twilio Segment teams with Amazon SageMaker on new customer predictions product

The customer data platform provides a central place to collect first-party information about customers, but simply having a pile of data is not the point. Companies want to put it to work to improve customer experience and more precisely target certain groups, based on this information they have st

India’s Kombai raises $4.5M to simplify UI coding with AI

Kombai, a startup that aims to help front-end developers easily convert UI designs to code using AI, has emerged from stealth and announced a $4.5 million in a seed funding round led by Stellaris Venture Partners and Foundation Capital. In response to rapid hardware advancements, software evolution

IBM taps AI to translate COBOL code to Java

COBOL, or Common Business Oriented Language, is one of the oldest programming languages in use, dating back to around 1959. It’s had surprising staying power; according to a 2022 survey, there’s over 800 blion lines of COBOL in use on production systems, up from an estimated 220 blion i

IBM sells The Weather Company assets to Francisco Partners

Following rumors that it was exploring the sale of its weather business as part of a move to streamline operations, IBM says that it’s found a buyer for The Weather Company, the weather forecasting and information company it acquired in 2015. Francisco Partners, the private equity firm, has s

Chronic technical debt could be holding your company back

We've been hearing about digital transformation for over a decade now, the idea that you have to modernize your systems for a more digitally centric world. What holds back digital transformation? Well, lots of things, from office politics to budget prioritization to inertia, but one big factor

Meet Relume, the bootstrapped AI web builder that wants to supercharge Figma and Webflow

Despite the abundant venture capital available for startups in the current wave of generative AI breakthroughs, totaling $14 billion in equity funding as of August this year, Relume has turned down investments and instead relied on bootstrapping since its launch in November 2021. “We are focu

Microsoft is bringing Python to Excel

Microsoft today announced the public preview of Python in Excel, which will allow advanced spreadsheet users to combine scripts in the popular Python language and their usual Excel formulas in the same workbook. This feature will first roll out to Microsoft 365 Insiders as part of the Excel for Win

Grip Security raises $41M to help enterprises manage their SaaS identity risk

Grip Security, which provides businesses with the tools to protect their SaaS applications and describes itself as the “industry’s first SaaS security control plane,” today announced that it has raised a $41 million Series B funding round led by Third Point Ventures. Previous inve

Cerby lands $17M to manage access to ‘nonstandard’ enterprise apps

"speakable-summary" dir="ltr">Bel Lepe, a former Google software engineer, tells me that it always seemed risky to him that there were apps that business users needed and used but that IT and security teams were unwilling to approve them because of their lack of support for identity standards. It

‘All-in-one’ sales tech platform FlashIntel raises $10 million

As businesses brace for a slowing global economy, they are seeking avenues to streamline budgets, including trimming their SaaS expenses. Sales tech, in particular, is known for being fragmented with an array of highly specialized solutions. That’s why Yi Shi started FlashIntel with an ambiti

As net retention plummets, AI could be the savior software companies need

New data shows that net retention at software companies has been halved in recent quarters, partially explaining the slowdown of revenue growth at tech firms. This isn’t wholly surprising, since net retention forms a core plank of the SaaS economic model and has been under extreme pressure, a

SUSE goes private again

SUSE, the German Linux vendor and acquirer of enterprise tools like Rancher and NeuVector, has had its fair share of owners since it was founded in 1992. There was Novell, which acquired it in 2003. Then Novell itself was acquired by The Attachmate Group in 2011. Then Attachmate and Micro Focus mer

Intel’s modernization strategy could face setback with end of $5.4B Tower deal

In 2021, Intel CEO Pat Gelsinger announced a comprehensive modernization strategy he dubbed IDM (integrated device manufacturing) 2.0. As part of that vision, the company announced a $20 billion investment to build two new Fabs (chip manufacturing facilities) in Arizona along with plans to increase

ProjectDiscovery raises $25M to launch a cloud version of its threat-scanning platform

ProjectDiscovery, a platform that detects new, exploitable vulnerabilities in codebases, today announced that it raised $25 million in a Series A funding round led by CRV with participation from Point72, SignalFire, Rain Capital, Mango Capital, Accel and Lightspeed. ProjectDiscovery began as a coll