Enterprise

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

The U.K.’s Competition and Markets Authority (CMA) has provisionally concluded that Adobe's proposed $20 billion bid for digital design rival Figma could result in a “substantial lessening of competition” in the U.K for designers. As a result of its initial findings, the CMA i

Cyware, a startup developing products to help enterprises modernize their security operations, today announced that it raised $30 million in a Series C funding round led by Ten Eleven Ventures. Advent International, Zscaler, Emerald Development Managers, Prelude and Great Road Holdings also partici

In 2022, Abhay Parasnis, the former CTO of Adobe, founded Typeface, a generative AI startup focused on enterprise use cases. With it, he hoped to leverage generative AI — which at the time was just beginning to come into vogue — to deliver personalized content for brands at scale. Typef

Snowflake and Databricks are surely similar companies. While each positions itself a bit differently, both provide data storage, processing and governance in a cloud context. Both are holding customer conferences this week, and both are looking for ways to help customers build generative AI and oth

Robotic process automation (RPA) has been a buzzword for a while now, but most of the tools that try to help businesses automate their workflows tend to be generalists. Quandri, a Vancouver, Canada-based startup, is taking a very different approach with its digital workers for the insurance industr

Shadow, a French company that offers a gaming PC in the cloud (among other things), has announced in a press conference that it is updating its offerings for Shadow PC in Europe. Essentially, the company is raising the prices of its two flagship subscription plans and slightly improving what you ge

Parabola, a San Francisco-based startup that uses AI to help expedite back-office processes, particularly in the logistics and e-commerce sectors, today announced that it raised $24 million in a Series B funding round led by OpenView, with participation from strategic investor Flexport alongside Ma

Databricks today launched what it calls its Lakehouse Federation feature at its Data + AI Summit. Using this new capability, enterprises can bring together their various siloed data systems and discover, query and govern their data across a wide variety of platforms, including MySQL and PostgreSQL

Astrix Security, a platform that helps companies manage and secure third-party app integrations, today announced that it closed a $25 million Series A funding round led by CRV with participation from Bessemer Venture Partners and F2 Venture Capital. Co-founder and CEO Alon Jackson says that the rou

Large language models (LLMs) like OpenAI’s GPT-4 are all the rage these days, owing to their unparalleled ability to analyze and generate text. But for organizations looking to leverage LLMs for specific tasks — say, writing ad copy in a brand’s style — their generalist natu

Amazon wants to help organizations connect the various apps that they use — leveraging, in part, AI. The company today announced AWS AppFabric, a new no-code service designed to bridge the gap between software-as-a-service (SaaS) apps in enterprise environments. Amazon claims that AppFabric,

Infrastructure automation company HashiCorp today announced that it has acquired code security startup BluBracket. Founded by the team behind Vera Security, BluBracket raised a $12 mlion Series A round led by Evolution Equity partners in 2021. The two companies did not disclose the price of the acq

Snowflake has always been about storing large amounts of unstructured data in the cloud. With two recent acquisitions, Neeva and Streamlit, it will make it easier to search and build applications on top of the data. Today, the company announced a new container service and a partnership with Nvidia