Enterprise

How cloud computing, big data and new devices are changing work

  • Wall Street-Backed Symphony Wants To Revolutionize Financial Services Communication

    Wall Street-Backed Symphony Wants To Revolutionize Financial Services Communication

    The company’s backers include a who’s who of Wall Street financial companies: Bank of America Merrill Lynch, BNY Mellon, BlackRock, Citadel, Citi, Credit Suisse, Deutsche Bank, Goldman Sachs, HSBC, Jefferies, JPMorgan, Maverick, Morgan Stanley, Nomura and Wells Fargo. Last fall, these companies contributed $66M to finance Symphony, and using that money, purchased Perzo, a… Read More

  • AlleyNYC Co-Working Space Raises $16 Million

    AlleyNYC Co-Working Space Raises $16 Million

    AlleyNYC, a co-working space founded 2012, has raised $16 million in funding led by Vandewater Capital Holdings, with participation from Entrepreneur Media. AlleyNYC was started by Jason Saltzman and Nsi Obotetukudo who wanted to create more than a room full of desks. They wanted to create a community, where entrepreneurs were constantly bringing value to each other. They have since grown… Read More

  • RapidMiner Picks Up $15M More To Scale Its ‘Business Source’ Data Analytics Service

    RapidMiner Picks Up $15M More To Scale Its ‘Business Source’ Data Analytics Service

    This week, RapidMiner announced that it has raised a $15 million Series B round of capital. The company had previously raised a total of $5 million, bringing its total capital tally to $20 million. The round was co-led by Ascent Venture Partners and Longworth Venture Partners. RapidMiner, headquartered in Cambridge, Mass., provides what it describes as “code-free” analytics tools. Read More

  • Box Acquires Cloud Management Startup Airpost

    Box Acquires Cloud Management Startup Airpost

    Airpost, a startup that helps IT managers monitor their employees’ cloud applications, announced this morning that it has been acquired by Box. Airpost founder and CEO Navid Nathoo’s blog post makes this sound like a talent acquisition. The Airpost team will be joining Box (which went public just under a month ago), while the Airpost service will be shut down on March 1. Read More

  • ArmorText Raises $2 Million For Its Secure Mobile Messaging Service For Enterprise

    ArmorText Raises $2 Million For Its Secure Mobile Messaging Service For Enterprise

    A company called ArmorText, which is developing a secure messaging client for the enterprise designed to meet the needs of those in regulated markets, has just raised nearly $2 million in outside funding. The round, which is still ongoing, may top that number when it fully closes. Leading the round for the Washington D.C.-based startup was the micro fund Cervin Ventures. Other private… Read More

  • Salesforce Wave Analytics Tool Makes The Move To Mobile

    Salesforce Wave Analytics Tool Makes The Move To Mobile

    When Salesforce.com launched Wave, its nascent analytics product last fall at Dreamforce, it did what it always does with new products. It put out a basic product to get things going and then it kept working. Today it announced several new tools that bring all the analytics goodness of Wave to a mobile device. Anna Rosenman, director of product marketing at Salesforce.com, points out… Read More

  • Bessemer Looks Forward With New $1.6B Fund

    Bessemer Looks Forward With New $1.6B Fund

    Bessemer Venture Partners (BVP) announced its latest investment fund today with $1.6B in investments. It has dubbed it BVP IX. It follows a highly successful BVP VIII. Byron Deeter, a partner at BVP says this is just part of the normal fundraising cycle for the company. They are reaching the end of the previous cycle when they launched BVP VIII, and as the funds from that round have… Read More

  • Microsoft Officially Launches Azure Machine Learning Platform

    Microsoft Officially Launches Azure Machine Learning Platform

    You know all that big data that’s streaming into your company from sensors, customers, social media, Excel spreadsheets, and data sources all over the internet? Microsoft wants to help you process all of it, build APIs and make use of that data in the cloud with machine learning technology. And to that end, Microsoft officially announced at the Strata Conference today, the general… Read More

  • EMC Partners With Hippo To Gain Customer Experience Management Foothold

    EMC Partners With Hippo To Gain Customer Experience Management Foothold

    EMC and Hippo announced a partnership today in which Hippo, an open source web content management platform, will integrate with EMC Documentum, EMC’s enterprise content management software. As with all good deals, each partner gains something. EMC fills in a missing piece in its content management arsenal without having to spend a lot of money. Hippo gains access to a much broader… Read More

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