Enterprise

Gusto, best known for its American payroll management software and services, is playing in the big leagues. technewss+ has exclusively learned that Gusto has surpassed a significant revenue milestone: In its most recent fiscal year (the 12 months ended April 30, 2023), it generated revenue of more

In 2020, Cisco bought Thousandeyes, a network monitoring company that provides a wealth of data on the health of networks, something near and dear to Cisco, whose core business after all remains networking hardware. As an extension of that three-year-old acquisition, the company announced a pair of

Several years ago, Noah Stanford teamed up with Michael Melone to found 0pass, a startup that aims to make it easier for companies to replace usernames and passwords with biometrics, like Touch ID and Face ID. Relatively quickly, 0pass gained the attention of investors, including Y Combinator, rece

A trend accelerated by the mass move to digital during the pandemic, enterprises are having to handle an increasing amount of proprietary data. According to one survey, the average company deals with 63% growth in data volume per month, with 12% of respondents reporting a whopping 100% growth. As t

Socure, the identity verification service that raised a massive $450 mlion Series E round at a $4.5 blion valuation during the heady fundraising days of late 2021 (and $100 mlion earlier in 2021), today announced that it has acquired identity verification service Berbix for $70 mlion in cash and st

While running a 5,000-agent contact center, Brian Tuite often experienced the problem of having to train new agents on the basics. The way he tells it, they weren’t prepared for success — and drained the contact center’s resources. That gave Tuite the idea of creating what he desc

Redpanda helps companies capture data in real time in a modern context, providing a new way to stream data while maintaining backwards compatibility with Kafka, the popular open source streaming project. Today, the company announced a $100 million Series C, just 16 months after announcing a $50 mil

Companies are increasingly embracing generative AI. But they’re not necessarily considering all the blockers and challenges that come along with folding the tech into their existing workflows. In one recent survey by KPMG, 90% of businesses said that they had “moderate to highly signifi

Three years ago, Vitaly Gordon, one of the founding members of Salesforce’s Einstein research division, started Faros AI, a platform for software engineers designed to bring key operational data into one place. Alongside Shubha Nabar and Matthew Tovbin, two fellow ex-Salesforce employees and

Thomson Reuters has entered into a definitive agreement to acquire Casetext, a Y Combinator–backed legal tech startup. The deal, valued at $650 million in cash, is expected to close in the second half of 2023, subject to regulatory approvals and customary closing conditions. ̶

Investors aren’t the only ones who want to get their hands on hot tech companies in the field of AI: It’s also likely to spur a big wave of M&A, too. Today, Databricks announced it will pay $1.3 billion to acquire MosaicML, an open source startup with neural networks expertise that

As cloud architecture continues to be more ubiquitous among organizations, increasingly what is more apparent is that many organizations are taking a hybrid approach, blending SaaS in private and public clouds with some products that remain on premises. Today, IBM made a big acquisition doubling do

When it comes to artwork created by generative AI, enterprise users have specific legal concerns around permissions — and Adobe has recognized those worries. That's why the company has written an indemnity clause that states that Adobe will pay any copyright claims related to works genera

Back in 2012 when Dylan Field was a student at Brown University, he came up with the idea of building a browser-based design tool. At the time, design tools were all on the desktop, which meant that designers worked alone, sending files for review to the various stakeholders involved, then making c