Cloud

Salesforce announces 12,000 new jobs in the next year just weeks after laying off 1,000

In a case of bizarre timing, Salesforce announced it was laying off 1,000 employees at the end of last month just a day after announcing a monster quarter with over $5 billion in revenue, putting the

3 VCs discuss the state of SaaS investing in 2020

Yesterday during Disrupt 2020 I sat down with three investors who know the SaaS startup market very well, hoping to get my head around how hot things are today. Coming on the heels of the epic Snowfla

Perigee infrastructure security solution from former NSA employee moves into public beta

Perigee founder Mollie Breen used to work for NSA where she built a security solution to help protect the agency’s critical infrastructure. She spent the last two years at Harvard Business Schoo

Which 5 cloud startup categories are the hottest?

Hello from the midst of Disrupt 2020: after this short piece for you I am wrapping my prep for a panel with investors from Bessemer, a16z and Canaan about the future of SaaS. Luckily, The Exchange thi

APAC cloud infrastructure revenue reaches $9B in Q2 with Amazon leading the way

When you look at the Asia-Pacific (APAC) regional cloud infrastructure numbers, it would be easy to think that one of the Chinese cloud giants, particularly Alibaba, would be the leader in that geogra

Luther.AI is a new AI tool that acts like Google for personal conversations

When it comes to pop culture, a company executive or history questions, most of us use Google as a memory crutch to recall information we can’t always keep in our heads, but Google can’t h

Pure Storage acquires data service platform Portworx for $370M

Pure Storage, the public enterprise data storage company, today announced that it has acquired Portworx, a well-funded startup that provides a cloud-native storage and data-management platform based o

Europe will go it alone on digital tax reform in 2021 if it must, says EU president, as bloc directs €150BN in COVID-19 relief toward cloud, AI and broadband

Europe will propose its own digital tax early next year if there’s no agreement at a global level on how to update taxation rules for the internet age, EU president Ursula von der Leyen said tod

Dropbox CEO Drew Houston says the pandemic forced the company to reevaluate what work means

Dropbox CEO and co-founder Drew Houston, appearing at TechCrunch Disrupt today, said that COVID has accelerated a shift to distributed work that we have been talking about for some time, and these new

What’s ahead in IPO land for JFrog, Snowflake, Sumo Logic and Unity

Welcome to Tuesday of TechCrunch Disrupt week. In a few hours, I’m hosting a panel about how startups can reach $100 million in annual recurring revenue (ARR) with the CEOs of Egnyte, GitLab and

Data virtualization service Varada raises $12M

Varada, a Tel Aviv-based startup that focuses on making it easier for businesses to query data across services, today announced that it has raised a $12 million Series A round led by Israeli early-sta

Verkada adds environmental sensors to cloud-based building operations toolkit

As we go deeper into the pandemic, many buildings sit empty or have limited capacity. During times like these, having visibility into the state of the building can give building operations peace of mi

Quantum startup CEO suggests we are only five years away from a quantum desktop computer

Today at TechCrunch Disrupt 2020, leaders from three quantum computing startups joined TechCrunch editor Frederic Lardinois to discuss the future of the technology. IonQ CEO and president Peter Chapma

Airtable raises $185M and launches new low-code and automation features

The spreadsheet-centric database and no-code platform Airtable today announced that it has raised a $185 million Series D funding round, putting the company at a $2.585 billion post-money valuation. T

Xometry raises $75M Series E to expand custom manufacturing marketplace

When companies need to find manufacturers to build custom parts, it’s not always an easy process, especially during a pandemic. Xometry, a seven-year-old startup based in Maryland, has built an

Slack’s earnings detail how COVID-19 is both a help and a hindrance to cloud growth

Slack’s shares are set to fall sharply this morning, down around 16% in pre-market trading. As the company beat analyst expectations last quarter and guided within range, the selloff might feel

Snyk bags another $200M at $2.6B valuation 9 months after last raise

When we last reported on Snyk in January, eons ago in COVID time, the company announced $150 million investment on a valuation of over $1 billion. Today, barely nine months later, it announced another

Sprinklr raises $200M on $2.7B valuation four years after last investment

Sprinklr has been busy the last few years acquiring a dozen companies, then rewriting their code base and incorporating them into the company’s customer experience platform. Today, the late-stag

Drew Houston will talk about building a startup and digital transformation during COVID at TechCrunch Disrupt

Dropbox CEO Drew Houston will be joining us for a one-on-one interview at this year’s TechCrunch Disrupt happening next week from September 14-18. Houston has been there and done that as a start

The $10B JEDI contract is locked, loaded and still completely stuck

The other day I took a moment to count the number of stories we’ve done on TechCrunch on the DoD’s $10 billion, decade-long, winner-take-all, JEDI cloud contract. This marks the 30th time
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