Three University of Michigan students are building Channels Inc., a communication software tailored for physical workers, and already racking up some big customers in the event management industry.
Adobe buying Frame.io in $1.28B deal
Adobe announced today it is acquiring Frame.io, a video review and collaboration platform used by over a million customers, for $1.275 billion in cash. Founded in 2014 by post-production company owner Emery Wells and technologist John Traver, New York-based Frame.io was created to solve the workflows challenges filmmakers faced in their daily lives. Today, the […]
Insight Partners leads $30M round into Metabase, developing enterprise business intelligence tools
Metabase spun out of venture studio Expa as an easy way for people to interact with datasets.
Would the math work if Databricks were valued at $38B?
Databricks, the open-source data lake and data management powerhouse has been on quite a financial run lately. Today Bloomberg reported the company could be raising a new round worth at least $1.5 billion at an otherworldly $38 billion valuation. That price tag is up $10 billion from its last fundraise in February when it snagged […]
Webiny nabs $3.5M seed to build serverless development framework on top of serverless CMS
Webiny, an early-stage startup that launched in 2019 with an open-source, serverless CMS, had also developed a framework to help build the CMS, and found that customers were also interested in that to help build their own serverless apps. Today, Webiny announced a $3.5 million seed round to continue developing both pieces. Microsoft’s venture fund […]
Enable bags $45M for B2B rebate management platform
Its technology automates how distributors and manufacturers create, execute and track rebates.
Salesforce announces first integrations with Slack after closing $28B sale
When Salesforce acquired Slack at the end of last year for almost $28 billion, you had to figure that they had some big plans for the company, and today the CRM giant announced some initial integrations that should prove useful for Salesforce customers. Rob Seaman, SVP for Slack at Salesforce sees Slack as the communications […]
Tropic picks up $25M to streamline software procurement experiences
The pandemic was a catalyst for showing companies looking to cut costs, just how much they were spending on their software tools.
Baffle lands $20M Series B to simplify data-centric encryption
California-based Baffle, a startup that aims to prevent data breaches by keeping data encrypted from production through processing, has raised $20 million in Series B funding. Baffle was founded in 2015 to help thwart the increasing threats to enterprise assets in public and private clouds. Unlike many solutions that only encrypt data in-transit and at-rest, Baffle’s […]
What Happens When Big Tech’s Datacenters Come to Small Towns?
Earlier this month Time magazine reported on what it calls “the underside of an economy dominated by big tech companies.”
Few big tech companies that are building and hiring across America bring that wealth with them when they set up in new communitie…