data management

Observe continues to adapt to the changing world of software observability

AI /

Observe, an observability platform, was founded in 2017 in response to the changing nature of software observability. Companies started pushing out new versions of their software more frequently — and producing significantly more data because of it. Now, Observe is responding to the latest big shift in technology: AI. San Mateo-based Observe helps companies get […]

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ParadeDB takes on Elasticsearch as interest in Postgres explodes amid AI boom

AI /

Open source database management system Postgres is nearly 40 years old, but has recently started seeing explosive demand due to being very well-suited for AI applications. Despite this rise in popularity, search and analytics functionality remain limited. ParadeDB is changing that. ParadeDB is an open source Postgres extension that facilitates full-text search and analytics directly

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AI is forcing the data industry to consolidate — but that’s not the whole story

AI /

The data industry is on the verge of a drastic transformation. The market is consolidating. And if the deal flow in the past two months is any indicator — with Databricks buying Neon for $1 billion and Salesforce snapping up cloud management firm Informatica for $8 billion — momentum is building for more. The acquired

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Snowflake to acquire database startup Crunchy Data

Enterprise /

The surge in data company acquisitions continued Monday with Snowflake’s purchase of Crunchy Data. Cloud data platform Snowflake announced its intent to acquire Crunchy Data, a Postgres database partner, late this afternoon. A source familiar with the matter estimated the deal to be worth around $250 million. The terms weren’t disclosed. Snowflake declined to comment

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Alation acquires Numbers Station to bolster its AI agent offerings

Enterprise /

Enterprise data intelligence platform Alation acquired Numbers Station to help give its customers access to AI agents that run on top of their structured data. Terms of the deal were not disclosed. Numbers Station, which builds AI-native data applications, is a Series A-stage startup that’s raised more than $17 million in venture capital from firms

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Conduktor looks to gatekeep ‘bad data’ out of company’s apps

Fundraising /

It was 2020, and Nicolas Orban, Stéphane Derosiaux and Stéphane Maarek were beyond frustrated with Apache Kafka. The tool for handling real-time data streams simply couldn’t keep up with the trio’s engineering needs — particularly during the pandemic, when companies were rushing to embrace cloud services. “Many companies were finding it difficult to scale their

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Salesforce acquires data management firm Own for $1.9B in cash

Enterprise /

Salesforce has acquired Own Company, a provider of data management and protection solutions, for $1.9 billion in cash. In a press release, Salesforce GM Steve Fisher said in a statement that Own “underscores [Salesforce’s] commitment to providing secure, end-to-end solutions that protect our customers’ most valuable data.” “Data security has never been more critical, and

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