At times, Kubernetes can feel like a superpower, but with all of the benefits of scalability and agility comes immense complexity. The truth is, few developers understand how Kubernetes works.
FireHydrant announces $23M Series B to grow disaster management platform
No matter how carefully you set up your systems, sooner or later something fundamental breaks. How you react during those times and how quickly you respond to the crisis is what people remember after it’s over. FireHydrant, a startup that helps companies prepare for and manage such crises, announced a $23 million Series B investment […]
FreshBooks reaches $1B+ valuation with $130.75M for its SMB-focused accounting platform
FreshBooks, a Toronto-based cloud accounting software company focused on SMBs, announced today it has secured $80.75 million in a Series E round of funding, as well as $50 million in debt financing. Existing backer Accomplice led the equity financing, which the company described as “an inside round” that propelled FreshBooks to unicorn status with a […]
PSA: Apple Can’t Run CSAM Checks On Devices With iCloud Photos Turned Off
An anonymous reader quotes a report from iMore: Apple announced new on-device CSAM detection techniques yesterday and there has been a lot of confusion over what the feature can and cannot do. Contrary to what some people believe, Apple cannot check im…
Bluecore lands $125M Series E on $1B valuation as e-commerce personalization grows
During the pandemic, especially when we were in lock down, just about every retailer had to build its online presence and do it quickly. As people move to shop online in larger numbers, being able to personalize that experience has become more crucial. That made the pandemic a pivotal moment for Bluecore, an e-commerce personalization […]
HubSpot CEO moving to exec chairman role as company promotes Yamini Rangan to CEO
Boston-based CRM company HubSpot announced today that co-founder and CEO Brian Halligan would be stepping into the executive chairman role and CMO Yamini Rangan would be taking over as CEO next month (on September 7). Rangan joined the company in January 2020 after stints at Dropbox, Workday and SAP. Her strong background in engineering, sales […]
Reserve Trust raises $30.5M to become the ‘Stripe for B2B payments’
Reserve Trust, a Denver-based financial services provider, has raised $30.5 million in a Series A round led by QED Investors. FinTech Collective, Ardent Venture Partners, Flywire CEO Mike Massaro and Quovo founder and CEO Lowell Putnam also participated in the financing, which included $17.9 million in secondary shares. It brings the startup’s total raised since […]
Security flaws found in popular EV chargers
U.K. cybersecurity company Pen Test Partners has identified several vulnerabilities in the APIs of six home electric vehicle charging brands and a large public EV charging network. While the charger manufacturers resolved most of the issues, the findings are the latest example of the poorly regulated world of Internet of Things devices, which are poised […]
Marvell nabs Innovium for $1.1B as it delves deeper into cloud ethernet switches
Marvell announced this morning it has reached an agreement to acquire Innovium for $1.1 billion in an all-stock deal. The startup, which raised over $400 million according to Crunchbase data, makes networking ethernet switches optimized for the cloud. Marvell president and CEO Matt Murphy sees Innovium as a complementary piece to the $10 billion Inphi […]
Salesforce steps into RPA buying Servicetrace and teaming it with Mulesoft
Over the last couple of years, robotic process automation or RPA has been red hot with tons of investor activity and M&A from companies like SAP, IBM and ServiceNow. UIPath had a major IPO in April and has a market cap over $30 billion. I wondered when Salesforce would get involved and today the company […]