Sunday December 22, 2024

Quip Gets $30M From Greylock And Benchmark To Grow Its Mobile-First Word Processing App

 Some big news today for Quip, the mobile-first word processing and collaboration app that competes with the likes of Google Docs. The eponymous startup behind the service has raised $30 million in funding — a Series B round led by Greylock with participation from Benchmark. Along with the funding, Quip is announcing some key people joining its team. Patrick […]

Red Hat Is Buying IT Automation Startup Ansible, For $150M

 Open source giant Red Hat is making another acquisition to build out its enterprise IT portfolio: today the company announced that it would buy Ansible, an IT automation solutions specialist that helps companies build and manage hybrid IT deployments across the cloud and on-premise solutions. The acquisition had been rumored to be in the works […]

Skype Now Lets Anyone Join A Chat Even If They Don’t Have An Account

 Skype is working to make is service more broadly accessible, Microsoft announced today, detailing a new feature that will allow users to invite anyone – even those who don’t have a Skype account – to use the service via the Skype for Web interface. Invitees won’t have to create an account or download an app, […]

Box’s New Platform Product Is Now Generally Available

 Update: I got some of Box’s product lineup mixed up. I’ve edited the post not just for clarity, but also for Being Frakking Wrong. Apologies from your humble servant. Box’s platform product, the aptly named Box Platform, is now generally available, as the company promised at its recent conference. Box recently hired Jeetu Patel away from EMC to run […]

Loan Platform Kabbage Raises $135M At A $1B Valuation, Grows Credit Line to $900M

 Kabbage — the online platform that loans money to businesses and individuals using a wide set of online data and algorithms to measure credit-worthiness — is growing once more. The startup based out of Atlanta has raised a Series E of $135 million, and expanded its credit facility — the money it has on hand to fulfil loans — to $900 […]

Dell Needs To Decide What To Keep And What To Sell After EMC Deal

 In the brave new enterprise world, organizations will be awash in big data, and it’s against this backdrop that Dell bought EMC this week for the astonishing sum of $67 billion. All of this data needs to be stored somewhere and that’s where EMC comes in. Dell already has been selling storage of course. In fact, it bought […]

PubNub Expands Series C To $25M, Banks On IoT To Boost Business On Its Messaging Network

 PubNub, the startup that has built a data network that carries messaging for apps, IoT hardware and other low-latency services, is today announcing that it has extended and closed its Series C round. The San Francisco-based company has raised $25 million, funding that it will use to sharpen its focus on Internet of Things applications and hardware as […]

Checkr Is Raising $30M+ For Its Background Checking API, Y Combinator Investing

 As on-demand businesses like Uber and Instacart grow quickly, so too do the B2B startups that service their wider ecosystem. In the latest development, TechCrunch has learned and confirmed with several sources that Checkr — which runs background checks and vets potential hires by way of an API for the likes of Uber, Instacart and Handy, and other fast-growing startups like […]

Symphony Secures $100M From Google And Other Investors

 Symphony, the secure cloud-based communications platform, announced today that it has received a $100 million round from a list of investors that includes Google, Inc. Google’s part in the investment was first reported last week by the Wall Street Journal, but the search giant was also joined by Lakestar, Natixis, Societe Generale, UBS and existing investor Merus Capital.… Read More Tweet This Post

Dell Buys EMC For $67B In Largest Deal In Tech History

 In  the largest tech deal in history by far*, Dell and partners MSD Partners and Silver Lake agreed to buy EMC today for $67 billion or $33.15 a share. This is way over the $27 price being rumored last week, and makes the deal far larger than the $37 billion that Avago paid for Broadcom just last […]