Mirantis has been around the block, starting way back as an OpenStack startup, but a few years ago the company began to embrace cloud-native development technologies like containers, microservices and Kubernetes. Today, it announced Mirantis Flow, a fully managed open source set of services designed to help companies manage a cloud-native data center environment, whether […]
Confluent CEO Jay Kreps is coming to TC Sessions: SaaS for a fireside chat
As companies process ever-increasing amounts of data, moving it in real time is a huge challenge for organizations. Confluent is a streaming data platform built on top of the open source Apache Kafka project that’s been designed to process massive numbers of events. To discuss this, and more, Confluent CEO and co-founder Jay Kreps will […]
Fiberplane nabs € 7.5M seed to bring Google Docs-like collaboration to incident response
Fiberplane, an Amsterdam-based early stage startup that is building collaborative notebooks for SREs (site reliability engineers) to collaborate around an incident in a similar manner to group editing in a Google Doc, announced a € 7.5M (approximately $8.8 million USD) seed round today. The round was co-led by Crane Venture Partners and Notion Capital with […]
Ascend raises $5.5M to provide a BNPL option for commercial insurance
Ascend is moving insurance into the digital age by with a payments platform that combines financing, collections and payables.
Logistics startup Stord raises $90M in Kleiner Perkins-led round, becomes a unicorn and acquires a company
When Kleiner Perkins led Stord’s $12.4 million Series A in 2019, its founders were in their early 20s and so passionate about their startup that they each dropped out of their respective schools to focus on growing the business. Fast-forward two years and Stord — an Atlanta-based company that has developed a cloud supply chain — […]
JumpCloud raises $159M on $2.56B valuation for cloud directory tool
JumpCloud, the late-stage startup that is modernizing the notion of corporate directories in a cloud context, announced a $159 million Series F investment on a healthy $2.56 billion valuation today. Sapphire Ventures led the round with new investors participating, including Owl Rock, Whale Rock Capital, Sands Capital and Endeavor Catalyst, along with existing investors General […]
Chinese crackdown on tech giants threatens its cloud market growth
As Chinese tech companies come under regulatory scrutiny at home, concerns and pressures are escalating among investors and domestic tech companies including China’s four big cloud companies, BATH (Baidu AI, Alibaba Cloud, Tencent Cloud and Huawei Cloud), according to an analyst report. Despite a series of antitrust and internet-related regulation crackdowns, the four leading cloud […]
Amagi tunes into $100M for cloud-based video content creation, monetization
Amagi provides cloud broadcast and targeted advertising software so that customers can create content that can be created and monetized to be distributed via broadcast TV and streaming TV platforms.
Box wins proxy board battle with activist investor Starboard Value
A battle between Box and its majority shareholder Starboard Value over control of the board ended today when the company’s slate of directors easily defeated Starboard’s. It culminated months of maneuvering on both sides as they battled for control of the company. Box, in a somewhat generic statement, expressed gratitude for the results: Box appreciates […]
Fin names former Twilio exec Evan Cummack as CEO, raises $20M
Fin’s software captures employee workflow data from across applications and turns it into productivity insights to improve the way enterprise teams work and remain engaged.