Peter Reinhardt spent the last decade as CEO at Segment helping to build the customer data platform, selling it to Twilio for $3.2 billion along the way. Today, Reinhardt announced he was leaving Twilio to be full-time CEO at Charm Industrial, a carbon mitigation startup he co-founded in 2018. Reinhardt expressed mixed emotions about leaving, […]
Five stories that shook up the enterprise in 2021
There is often a mistaken impression that covering the enterprise is kind of dull when compared to the consumer side of the house, but having followed the space for a couple of decades now, I can tell you that nothing could be further from the truth. For one thing, there’s big money in the enterprise, […]
Founders First Capital Partners brings a different approach to diversity investing
Kim Folsom came up through the engineering ranks in the 80s and 90s before founding the first of six companies, three of which successfully exited. Today, she is the founder and CEO at Founders First Capital Partners, a San Diego startup investment firm that uses a non-traditional approach to funding called revenue-based investment to invest […]
Automation Anywhere expands into process discovery with FortressIQ acquisition
Automation Anywhere, which is best known for its robotic process automation (RPA) software, plans to expand the platform. This morning, the company announced that it intends to acquire process discovery startup FortressIQ. The companies did not reveal the purchase price. FortressIQ gives Automation Anywhere this missing process discovery component, which enables AI-fueled software to map […]
Oracle joins Microsoft in spending big to dominate healthcare vertical
Enterprise software companies are focused firmly on healthcare. If you want proof, look at how Oracle and Microsoft both backed up trucks loaded with money to buy health tech companies this year.
Cequence adds $60M Series C to improve API security
When we last checked in with Cequence Security in February 2019, the company had just closed a $17 million Series B and was concentrating on security to protect business logic. While it still does that, it has shifted focus to API security, and today it announced a $60 million Series C. Menlo Ventures led the latest […]
Forethought nabs $65M Series C to improve customer service with AI
In 2018, Forethought, a startup looking to put AI to work across customer service, won the TechCrunch Disrupt Battlefield and soon after landed a $9 million Series A. Well, three years later that company just landed a $65 million Series C, and it’s rolling along. Steadfast Capital led the latest round with participation from existing […]
Work-Bench report finds just 1.9% of venture investment going to female enterprise founders
A new report from early-stage venture capital firm Work-Bench confirmed what you probably already know: Startups with women founders are getting a mere sliver of the overall funding pie. What’s more, the percentages are far worse in the enterprise, where Work-Bench tends to invest. The numbers, which were based on Work-Bench research along with data from […]
AWS opens ‘top secret’ western region for US government customers
“Amazon’s cloud arm, AWS, announced a new ‘top secret’ region this week, designed specifically for the U.S. government. It is Amazon’s second such region. The company now boasts “top secret” regions on the east and west coasts of the U.S. “AWS Top Secret-West is accredited to operate workloads at the Top Secret U.S. security classification […]
AWS re:Invent 2021 was more incremental than innovative
This year’s re:Invent felt more like Amazon was checking boxes and filling in holes in the product road map. Maybe that’s what we all needed.