cloud computing

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

How 3 tech companies are navigating a complicated macro environment

We talked to the CEOs of Appian, Amplitude and BigCommerce about how to best navigate the present market conditions in terms of investment and caution.

Kumospace raises new cash to replace physical offices with virtual ones

After more than two years of remote work, many employees have no interest in returning to the office — at least not without good reason. Employers have responded in kind, more or less, with tech

Ping Identity CEO discusses his company’s long, strange startup trip

Ping Identity CEO Andre Durand sees another opportunity to continue growing the company under private equity ownership.

Equalum lands new capital to help companies build data pipelines

The pandemic prompted countless companies to migrate to the cloud. By 2025, driven partly by the need for digital services, 85% of enterprises will have a cloud-first principle, according to Gartner.

Bluechip, an African systems integrator with partners like Microsoft and Oracle, is expanding to Europe

It’s not often you hear about African tech companies expanding into Europe. Some examples include fintechs Lidya and Korapay in Eastern Europe and the U.K., respectively. In the latest developme

New Red Hat CEO looks to keep things steady while putting own mark on company

Red Hat promoted 16-year veteran Matt Hicks, who says he will for the most part continue on the path of former CEO Paul Cormier.

3 ways to optimize SaaS sales in a downturn

There’s tremendous opportunity in a recession for growing revenue. But first, you have to fundamentally change the way you approach sales.

7 first-time fund managers detail how they’re preparing to thrive during the downturn

Who will fare better in the current venture downturn? Will it be legacy investors with years of experience and sizable portfolios to worry about or emerging managers starting with a clean slate?

Kontempo lands fresh capital amid the boom for B2B BNPL

Kontempo, a startup offering buy now, pay later (BNPL) and interest-free installment plans to business-to-business (B2B) customers, today announced that it raised a $30 million seed round in a mix of

Mosey secures fresh capital to help companies comply with payroll rules

It’s clear that remote and hybrid work are here to stay — the pandemic forever changed the way many companies do business. But it’s introduced roadblocks from an HR perspective. For
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