Data transformation startup Tobiko may not be a household name yet, but you may have seen co-founder and CEO Tyson Mao on “Beauty and the Geek” back in the aughts and his co-founder, brother and CTO Toby Mao, on the speedcubing circuit. (Both have held world records in the past, and Tyson co-founded the World […]
With $21.8M in funding, Tobiko aims to build a modern data platform Read More »
Enterprise software giant SAP is acquiring “digital adoption” platform provider WalkMe in an all-cash transaction worth $1.5 billion. WalkMe’s Nasdaq closing price yesterday was $9.64, with SAP’s $14 offer representing a premium of 45%. Founded in 2011, companies use WalkMe’s software to integrate on-screen product walkthroughs into their software, for instance to guide users through
SAP to acquire digital adoption platform WalkMe for $1.5B Read More »
Databricks, the analytics and AI giant, has acquired data management company Tabular for an undisclosed sum. (CNBC reports that Databricks payed over $1 billion.) According to Tabular co-founder Ryan Blue, he and Tabular’s other two co-founders, Daniel Weeks and Jason Reid, will be joining Databricks in some capacity. There, they’ll work to unify Tabular’s and
Databricks acquires Tabular to build a common data lakehouse standard Read More »
When Stacklet’s founders, Travis Stanfield and Kapil Thangavelu, came out of Capital One in 2020 to launch their startup, most companies weren’t all that concerned with constraining cloud costs. But in the ensuing years, as they experienced economic headwinds, first from the pandemic, and then rising interest rates, it became an imperative. As such, Stacklet’s
Stacklet sees demand grow as companies take cloud cost control more seriously Read More »
Fivetran, the company best known for helping enterprises build their data pipelines, on Tuesday announced the general availability of its newest product, the Fivetran Managed Data Lake Service. The new service aims to remove the repetitive work of managing data lakes by automating and streamlining it for the company clients, freeing them up to focus
Fivetran launches a managed data lake service Read More »
GetWhy, a consumer research tech company that helps businesses carry out market studies and extract insights from video-based interviews using AI, has raised $34.5 million in a Series A round of funding from California-based VC firm, PeakSpan Capital. The substantial Series A highlights investors’ fervor to back the next big thing in AI, particularly companies
Cloudera, the once high flying Hadoop startup, raised $1 billion and went public in 2018 before being acquired by private equity for $5.3 billion 2021. Today, the company announced that it is acquiring Verta, an AI startup that helps customers manage machine learning models, including large language models used in generative AI. Cloudera, which launched
Cloudera acquires Verta to bring some AI chops to its data platform Read More »
Redpanda, the well-funded Kafka-compatible streaming data platform that competes with the likes of Confluent, on Thursday announced that it has acquired open-source stream-processing platform Benthos. The two companies did not disclose the purchase price, but it’s worth noting that Redpanda raised a $150 million Series C round a year ago that now allows it to
Redpanda acquires Benthos to expand its end-to-end streaming data platform Read More »
Salespeople live and die by commissions, which typically form a big chunk of how they are paid. It’s no surprise, then, that Salesforce paid a premium to buy a platform that helps its customers manage commissions more easily. Several months ago, Salesforce bought Spiff to help companies build out and manage incentive-based compensation schemes. Salesforce’s
Filing shows Salesforce paid $419M to buy Spiff in February Read More »
A startup called Firefly tackling the thorny and growing issue of cloud asset management with an “infrastructure as code” solution has raised $23 million in funding on the heels of strong demand for its tech and increasing revenues four-fold in 2023. The firm’s latest success comes on the heels of tragedy, as co-founder CTO Joseph
After co-founder’s murder at the hands of Hamas, cloud startup Firefly raises $23M Read More »
