cloud computing

Cloudera launches its all-in-one SaaS data lakehouse

Cloudera, the Hadoop-centric big data company that IPO’d in 2017 and then went private again in a $5.3 billion deal in 2021, is now putting its emphasis on becoming the unified data fabric for h

Google Cloud will shutter its IoT Core service next year

Google Cloud announced this week that it’s shutting down its IoT Core service, giving customers a year to move to a partner to manage their IoT devices. The announcement appeared at the top of the I

DriveNets connects with $262M as demand booms for its cloud-based alternative to network routers

Internet usage continues to skyrocket, with 29.3 billion networked devices projected to be in use by 2023 and the growth rate currently at around 10%. Today, an enterprise startup called DriveNets tha

Oracle now monitoring TikTok’s algorithms and moderation system for manipulation by China’s government

Oracle has begun auditing TikTok’s algorithms and content moderation models, according to a new report from Axios out this morning. Those reviews began last week, and follow TikTok’s June

DigitalOcean says customer email addresses were exposed after latest Mailchimp breach

Cloud giant DigitalOcean says that some customers’ email addresses were exposed because of a recent “security incident” at email marketing company Mailchimp. In a scant blog post dated August 12

Omni looks to take on Looker with its cloud-powered BI platform

There’s been an explosion of business intelligence (BI) tools in recent years, or tools that analyze and convert raw data into info for use in decision making. Investments in them are on the ris

Sync Computing rakes in $15.5M to automatically optimize cloud resources

After a pandemic-driven cloud adoption boom in the enterprise, costs are finally coming under a microscope. More than a third of businesses report having cloud budget overruns of up to 40%, according

Upskilling platform GrowthSpace secures $25M to grow its global business

As the jobs market remains tight (mass layoffs and hiring freezes in tech aside), companies are laser-focused on retaining staff. One of the areas they’re investing in is upskilling, which aims

Dropbase can help turn your messy spreadsheet into queryable SQL database

It’s not unusual for a tech company to be born by accident. Famously, Slack was created as a byproduct of a now defunct gaming company. Similarly, when Dropbase founders Jimmy Chan and Ayazhan Zhakh

Superblocks secures $37M to help companies build and maintain internal apps

The economic downturn prompted a hiring slowdown across the tech industry, forcing CTOs — and the teams that they manage — to do more with less. It’s particularly put the microscope

Not to jinx it, but SaaS valuations appear to be staging a recovery

We can infer from the data that not only are SaaS multiples recovering, but double-digit revenue multiples are back, baby!

Cloud security startup Wiz reaches $100M ARR in just 18 months

Cloud security startup Wiz launched just two years ago. It released its first product about 18 months ago. In December the company announced a $550 million Series A on a $6 billion valuation. That’s

Nightfall raises cash for its AI that detects sensitive data across apps

Nightfall AI, a startup providing cloud data loss prevention services, today announced that it raised $40 million in Series B financing from investors including WestBridge Capital, Venrock, Bain Capit

Expedock cinches Series A to grow its freight paperwork management platform

Since the start of the pandemic, the global supply chain has undergone — and is undergoing — immense strain. As of late last month, there were more than 300 ships in China waiting to load

Microsoft makes further cuts focused on consumer R&D group

After pulling open roles across its Office and Windows divisions and letting go of a portion of its 180,000-person workforce in July, Microsoft made additional cuts this week. This layoff round was co

Google Cloud announces upcoming regions in Malaysia, Thailand and New Zealand

Fresh off of an expansion to Mexico, Google today previewed the launch of new Google Cloud regions concentrated in Asia-Pacific (APAC), specifically Malaysia, Thailand and New Zealand. When they come

Businesses including Stitch Fix are already experimenting with DALL-E 2

It’s been just a few weeks since OpenAI began allowing customers to commercially use images created by DALL-E 2, its remarkably powerful AI text-to-image system. But in spite of the current tech

Shopic lands $35M to bring its item-scanning ‘smart cart’ tech to more stores

Stores face new challenges in a world forever changed by the pandemic. Amazon and other tech giants are encroaching on their business. But perhaps more urgently, supply chain snarls haven’t gone

Spin Technology raises $16M to protect SaaS apps against attacks

Spin Technology, a data protection software vendor catering to enterprise clientele, today announced that it raised $16 million in a Series A round led by Blueprint Equity with participation from Sant

PreciTaste lands cash for tech that checks restaurant orders for accuracy

The food service industry faces steep labor, quality control and sustainability challenges exacerbated by the pandemic. According to NSF International, a product testing and certification organization
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