Testing automation platform Tricentis acquires Waldo
Tricentis, a test automation platform that has acquired quite a few testing services and startups over the years, is making another M&A move with the acquisition of Waldo, an automated testing tool for mobile development teams.
I have covered Waldo several times over the past few years. The com
Akamai expands its cloud computing footprint with new locations and services
AcquiringLinodeallowedAkamaitofast-trackitsbroadercloudcomputingambitions.Today,thecompanyistakinganotherstepinthisdirection.It’sannouncingtheexpansionofitscloudcomputingservicestofivenewlocations:Paris,Washington,D.C.andChicago,whicharegoinglivenow,andSeattleandChennai,whichwillopenlaterthis
Oritain raises $57M for its forensic, big-data science approach to tracking the origin of goods
Global supply chains have made the world smaller by enabling us to have virtually anything we want at the tap of a finger. But when it comes to things like verifying a physical object’s origin or its composition, those same fragmented chains and the many steps between a producer and a buyer c
Why SUSE is forking Red Hat Enterprise Linux
Today, SUSE announced that it is creating a hard fork of Red Hat Enterprise Linux (RHEL) and that it wl develop and maintain an RHEL-compatible distribution. SUSE says that it wl invest $10 mlion into this project over the coming years. One major open source company forking another major open sourc
Jirav, a startup developing financial planning software for businesses, raises $20M
"speakable-summary" dir="ltr">After years of working for startups, including Limeade and Zephyr Health, Martin Zych came to realize that companies were lacking an automated, cloud-based way to run their books and prop up their financial models. Most were stuck with legacy tools with siloed, clunky a
Instant bank payments startup Ivy secured $7.7M in seed round led by Creandum
Ivy, an API for instant bank payments, has secured €7 million ($7.7 million) in a seed investment round led by European VC Creandum.
Payment and transaction fees can accrue because of card networks, gateways and wallets that are all involved in today's online transactions. Ivy’s solutio
Sourcetable raises $3M, claiming the future of spreadsheets is spreadsheets
Spreadsheets. They're probably not what you'd call the most exciting piece of software going; it seems like a third of all startup pitches has “spreadsheets” in the “look how ridiculous, this is how how people solve this problem now” part of the narrative. It canR
SpeedyBrand uses generative AI to create SEO-optimized content
While working at Vetan, a startup helping small- and medium-sized (SMBs) businesses manage employee payroll, Ranti Dev Sharma realized that SMBs often lack the tools to thrive online with organic sales. The cost to hire an agency is beyond their budget, and generating content is costly — both
DigitalOcean acquires cloud computing startup Paperspace for $111M in cash
DigitalOcean, the cloud hosting business, today announced that it’s agreed to acquire Paperspace, a New York-based cloud computing and AI development startup, for $111 million in cash.
DigitalOcean CEO Yancey Spruill says that Paperspace’s infrastructure and tooling, once integrated wit
After bootstrapping for 8 years, accounting startup Dougs raises $27 million
Dougs, a French accounting startup, has been around since 2015. It already generates $16.4 million (€15 million) in annual recurring revenue. And it's a bootstrapped company, meaning that it hasn't opened its capital and raised any funding from VC firms. But now, the company has decided t
ClickUp, a productivity platform that was last valued at $4B, cuts 10% of workforce
ClickUp, the software-as-a-service startup that offers a workforce productivity platform and counts storied investors Andreessen Horowitz and Tiger Global among its backers, has laid off 10% of its workforce. With a total headcount of about 900 employees, it represents approximately 90 people. The
What do FinOps and parametric insurance have in common?
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The rise of FinOps already fueled multiple acquisitions, including IBM’s plan to acquire
As Apple reaches $3T, it’s time to shake up the Big Tech club
Today, Apple saw its market cap pass the $3 trillion threshold. The iPhone maker has reached that landmark before but has never managed to hang on to it through the end of a trading day.
But this morning, with its shares up about 1.4% and a significant $20 billion to $30 billion above the mileston
M&A is back and the enterprise is hot
It's been a quiet year when it comes to tech M&A. In fact, up until this week, there had only been a handful of enterprise deals of substance. It's unclear whether it was a lack of cash, high interest rates or buyer caution in an uncertain market, but suddenly this week, it's as tho