Enterprise

The race isn’t over for European AI startups and the upcoming ‘agentic revolution’

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The top U.S. tech giants like Amazon, Microsoft, Google, Meta, and Apple have deep enough pockets to spend tens of billions of dollars on AI development and infrastructure. Next in rank are heavy hitters like OpenAI, Anthropic, and xAI, which are spending billions on AI. Then there are a handful of challengers, like Mistral and […]

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Wiz hopes to hit $1B in ARR in 2025 before an IPO, after turning down Google’s $23B

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Wiz co-founder and VP of R&D Roy Reznik told CNBC last week that the company has hit $500 million in annual recurring revenue, and plans to double that in 2025 to $1 billion. He also reiterated that the $1 billion-mark is a prerequisite for the IPO that Wiz promised employees when it walked away from

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Socket lands a fresh $40M to scan software for security flaws

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The software supply chain, which comprises the components and processes used to develop software, has become precarious. According to one recent survey, 88% of companies believe poor software supply chain security presents an “enterprise-wide risk” to their organizations. Open source supply chain components are especially fraught, thanks to the logistical hurdles in keeping each component well-maintained.

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Amazon indicates employees can quit if they don’t like its return-to-office mandate

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AWS CEO Matt Garman has harsh words for remote workers: return to the office or quit. The Amazon executive recently told employees who don’t like the new five-day in-person work policy that, “there are other companies around,” presumably companies they can work for remotely, Reuters reported on Thursday. Amazon’s top boss, Andy Jassy, told employees

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Permira completes Squarespace acquisition after upping bid to $7.2B

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Website builder Squarespace is no longer a publicly-traded company, after private equity firm Permira procured all remaining common stock in the firm. Permira first revealed plans to acquire Squarespace back in May, offering shareholders in the NYSE-traded company $44 per share — this equated to an equity valuation of $6.6 billion, and an enterprise valuation

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Long careers in luxury fashion led to a $17M raise for this supply chain platform

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The retail sector needs Inventory planning to maintain margins and meet demand. This is getting harder because there are now many distribution channels, more complex supply chains, and shorter sales cycles. Mid-market retailers and premium brands have less firepower than the retail giants and tend to rely on legacy software. Founded in 2020, Autone aims

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