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Appian prices application software IPO at $12
Virginia-based Appian is finally braving the public markets, after a long journey as a private company formed in the dot-com boom of 1999. Appian announced Wednesday that they priced their IPO at $12 per share, raising $75 million for the company. This is in-line with the previously proposed price range of $11 to $13. Appian provides app development software for its business and… Read More
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Airbnb is running its own internal university to teach data science
Tech companies, and increasingly even non-tech companies, are struggling with the fact that there are not enough trained data scientists to fill market demand. Every company has their own strategy for hiring and training, but Airbnb has taken things a step further — running its own university-style program, complete with a custom course-numbering system. Read More
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Tennis star Serena Williams joins SurveyMonkey’s board
Serena Williams (yes, THAT Serena Williams) has joined the board of consumer survey startup SurveyMonkey, along with Intuit CEO Brad Smith. This is the tennis superstar’s first venture into Silicon Valley and, according to a SurveyMonkey spokesperson, came about at the suggestion of fellow board member and Facebook’s chief operating officer Sheryl Sandberg. Read More
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Report: Microsoft to buy security firm Hexadite for $100M as Cloudyn still in progress
While we wait to get more news on Microsoft closing a reported acquisition of Cloudyn, another report has emerged of one more enterprise startup that the software giant is buying in Israel. Calacalist reported earlier today that Microsoft is paying $100 million to acquire Hexadite, a cybersecurity company that uses AI to sort through and address smaller network attacks — which can… Read More
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Collaboration platform Smartsheet nabs $52M at $800M valuation
Cloud-based communication and collaboration platforms are the name of the game today in enterprise software, and now one of the still-independent leaders in that space is announcing a significant round at a hefty price to ride the wave of growth. Smartsheet, the Bellevue, Washington-based startup that has built spreadsheet software that lets people set and manage tasks and work across teams… Read More
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Our favorite startups from Alchemist Accelerator batch 15
Founded as an enterprise alternative to accelerator stalwarts like Y Combinator, Alchemist Accelerator has managed to assemble a solid track record in its five years of operation. Going into batch 15, 159 companies have graduated from Alchemist, of which 89 have closed institutional rounds and 15 have been acquired. The latest batch of 19 companies surely hopes to push those numbers even higher. Read More
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WTF is an ICO?
A newly famous transaction type we need to understand is called the “Initial Coin Offering.” An ICO is akin to an IPO, but in temporal reverse (sort of). Although confusing, it has recently acquired prominence as a favored way to launch a new cryptocurrency. Read More
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Merlon Intelligence raises $7.65 million in seed financing to combat money laundering
Flightcaster, Prismatic and now Merlon Intelligence. Bradford Cross, partner at the venture capital firm Data Collective is a known figure in the ranks of VCs who have caught the entrepreneurship bug, abandoning what could have been a cushy lifestyle for one with considerably more volatility. His third startup, Merlon Intelligence, services banks, helping them cut down on risk and put a… Read More
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Google’s Unique Reach tells marketers when you’ve seen the same ad a gazillion times
We have all suffered the pain of seeing the same ad for a BBQ grill we can’t fit in our apartment on our phone, tablet, laptop and work desktop. The duplication is not only annoying, it’s wasteful for advertisers. At Google’s Marketing Next conference in San Francisco, the company announced Unique Reach, a new measurement tool that captures the number of times the same… Read More
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Google’s huge 4K touchscreen whiteboard is now on sale for $5K
Google’s Jamboard is not a kitchen app for curating PB&J recipes – it’s a 55-inch digital whiteboard, with pen and touch input, companion iOS and Android apps, an Nvidia Jetson TX1 processor on board and 4K resolution. The behemoth is an enterprise-focused collaboration tool, that comes in three fun colors and has a stand that looks ripped from a Herman Miller catalog, and… Read More
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Google Attribution is a free and easy way to evaluate marketing efforts
At Google’s Marketing Next conference, the company is announcing a new beta for Google Attribution, a free tool for examining the role that different marketing strategies play in customer purchasing decisions. Regardless of device or marketing channel, Google wants Attribution to be a home for evaluating marketing campaigns. By creating a tight loop between strategy, ad spend and… Read More
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Google is now using deep learning to measure store visits
Google is announcing a major update to its store visits measurement tool today at its Google Marketing Next conference. Google has used anonymized location and contextual data since 2014 to estimate brick and mortar store visits spurred by online ads. The company is augmenting its existing models with deep learning to bring insights to even more customers. Omnichannel marketing is as big of… Read More
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Kuang-Chi invests $5 million in SkyX, a maker of drones to monitor oil and gas pipelines
Shenzhen-based Kuang-Chi Group is investing $5 million in SkyX Systems Corp., according to the drone tech startup’s founder and CEO Didi Horn. A former fighter pilot with the Israeli Air Force, Horn started SkyX in 2015 to help public and private companies monitor energy infrastructure from on high, using increasingly powerful drones and big data analytics. Read More
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Deep Algo offers simple code visualization for people who don’t know how to code
Deep Algo was one of the more fascinating companies on display in Startup Alley at TechCrunch Disrupt this week. The French team aims to make coding languages more accessible for the masses with SaaS (software as a service) offering that promises to do for languages like C++, C Sharp and Javascript what WYSIWYG does for HTML. It’s a pretty bold claim, but the company is confident that… Read More
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Salesforce marches steadily toward $10B run rate goal
Salesforce is on a steady climb toward a $10 billion revenue run rate. And while it’s not quite there yet, its recent, nearly $2.4 billion quarter puts it squarely in the neighborhood. According to the company’s CEO, Marc Benioff, Salesforce’s revenue growth results give it “the fastest growth of any top [five] enterprise software company.” It’s clear… Read More
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Google is giving a cluster of 1,000 Cloud TPUs to researchers for free
At the end of Google I/O, the company unveiled a new program to give researchers access to the company’s most advanced machine learning technologies for free. The TensorFlow Research Cloud program, as it will be called, will be application based and open to anyone conducting research, rather than just members of academia. If accepted, researchers will get access to a cluster of 1,000… Read More
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Google.ai aims to make state of the art AI advances accessible to everyone
On the stage of Google I/O, CEO Sundar Pichai announced Google.ai, a new initiative to democratize the benefits of the latest in machine learning research. Google.ai will serve as a center of Google’s AI efforts — including research, tools and applied AI. The new site will host research from Google and its Brain Team. It also allows anyone to quickly access fun experiments… Read More
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