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Lumity raises $19M to simplify employee health care choices
As companies get bigger and bigger, their needs are going to change — including, probably most importantly, their options for health care as their employee base expands and the costs of those plans start to balloon. But the end result is that employees could be presented with a confusing set of plans to pick from without a whole lot of guidance. There’s where Lumity comes in. Read More
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Forward Networks nets $16M to help prevent network outages
As IP networks continue to grow and become ever more complex, and people become ever more dependent on them staying up all the time, a startup that is building software tools to help administrators keep networks running has landed a round of funding. Forward Networks — a startup that only emerged from stealth last November and has built a platform aimed at service providers and… Read More
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Microsoft Brainwave aims to accelerate deep learning with FPGAs
This afternoon Microsoft announced Brainwave, an FPGA-based system for ultra-low latency deep learning in the cloud. Early benchmarking indicates that when using Intel Stratix 10 FPGAs, Brainwave can sustain 39.5 Teraflops on a large gated recurrent unit without any batching. Read More
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Salesforce slides past its $10B annual run rate target
Salesforce reported its second-quarter earnings today, saying it brought in $2.56 billion in revenue on earnings of 33 cents per share. This is a beat on both fronts, but the stock dipped slightly in extended trading after seeing a rather stunning run-up over the course of the year. Read More
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Google launches Chrome Enterprise subscription service for Chrome OS
Google is launching a new enterprise service for large businesses that want to adopt Chrome OS devices. The new Chrome Enterprise subscription essentially is a rebrand of Chromebooks for Work, but with a number of additional capabilities. Even though the name would make you think this is about the Chrome browser, this program is actually all about Chrome OS. Read More
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The top 7 startups from Y Combinator S’17 Demo Day 1
A stem cell cryobank, self-flying personal planes and an augmented reality data platform were amongst the highlights of the Y Combinator Summer 2017 Demo Day part 1. Based on investor buzz and what caught the eye of TechCrunch’s writers, click or scroll through to see our picks for day 1’s top 7 startups. Read More
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Latch adds HomeKit-approved smart lock to its enterprise suite
Enterprise-grade smart lock startup Latch has added a third product to its portfolio. The ‘Latch C’ is notable as its first smart lock to be certified to work with Apple’s HomeKit. Read More
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Big data analytics platform Databricks raises $140M Series D round led by Andreessen Horowitz
Databricks, a big data analytics platform built by a team that grew out of the Apache Spark project, today announced that it has raised a $140 million Series D round led by Andreessen Horowitz, with participation from New Enterprise Associates and Battery Ventures. This brings Databricks’ total funding raised to date to $247 million, which includes a $60 million round the company… Read More
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Skytap raises $45M for its enterprise cloud
Skytap is probably one of the more interesting clouds right now. Unlike so many other startups, it’s not trying to offer enterprises specific cloud computing services on top of one of the big platforms like AWS, Azure and Google Cloud Platform. Instead, the company actually runs its own cloud with the goal of helping enterprises that want to modernize their infrastructure bring their… Read More
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IBM, Kroger, Walmart and others team up to improve food safety with blockchains
IBM today announced that it is working with a consortium that includes Dole, Golden State Foods, Kroger, McCormick and Company, Nestlé, Tyson Foods, Unilever and Walmart to bring the benefit of blockchains to the food supply chain. IBM, just like most of its competitors in the public cloud computing space, has been working on various blockchain projects in the last few months. Given the… Read More
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In-memory database provider Redis Labs raises $44M
Redis Labs, a database company that specializes in in-memory databases, said today it has raised $44 million in a funding round led by Goldman Sachs. Read More
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GoodTime nabs $2M to match job applicants with interviewers to save time and build rapport
Despite countless attempts and millions in venture capital, the calendar, one of the most ubiquitous work tools, has remained largely unchanged for as long as I can remember. Rather than overwrite the calendar in an effort to make it obsolete, Ahryun Moon and Jasper Sone, co-founders of GoodTime, are putting the calendar front and center — embracing it as a means of understanding people. Read More
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LiftIgniter raises $6.4M to bring website personalization to the rest of the internet
You’ve probably had the experience of going to a website and seeing a lot of content that’s not really relevant. For the most part, a lot of this is organized in a way that’s either pre-defined or based on a limited number of signals that aims to sort of personalize the experience for a normal user. But as time goes on and the competition for eyeballs continues to heat up… Read More
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B2B platform Releaf helps African businesses by taking the guesswork out of networking
Releaf is a new B2B marketplace that wants to help African businesses prosper by helping them find partners they can trust. The startup, which is currently taking part in Y Combinator, has signed up about 1,000 businesses since its public launch in Nigeria on August 3. Read More
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CoreOS’s Tectonic container platform gets full support for Microsoft Azure
CoreOS today announced the general availability of Microsoft Azure support for its Kubernetes-based Tectonic container management platform. It previously only fully supported container deployments on bare metal servers and AWS. Beta support for Azure launched in March and with this new release, Tectonic now offers hybrid support for multi-cloud deployments across its three supported… Read More
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Microsoft launches Azure Event Grid, a fully managed event routing service
Microsoft announced a new product in its Azure line-up in preview today that will make it easier for developers to build event-based applications. The Azure Event Grid makes events (like uploading a picture or video, clicking a button, updating a database, etc.) first-class Azure objects. Event Grid complements Azure Functions and Azure Logic Apps, Microsoft’s existing serverless offerings. Read More
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Uber debuts new Uber for Business with custom travel programs and rules
Uber is introducing a major revamp of their Uber for Business platform today, the first significant update they’ve done since the enterprise tool’s introduction. The new Uber for Business incorporates a lot of user feedback to provide easy setting of rules to ensure travel policy is followed, as well as group-based access levels and custom program creation. Previously, a lot of… Read More
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Microsoft acquires Cycle Computing
Microsoft today announced that it has acquired Cycle Computing, a twelve-year-old Connecticut-based company that focuses on helping enterprises orchestrate high-performance computing jobs, large data workloads and other “big computing” jobs in the cloud. The financial details of the deal were not disclosed. Read More
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Amazon Macie helps businesses protect their sensitive data in the cloud
Amazon’s AWS cloud computing service hosted its annual NY Summit today and it used the event to launch a new service: Amazon Macie. The idea behind Macie is to use machine learning to help businesses protect their sensitive data in the cloud. Read More
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