The spa industry is in need of a technology makeover and Zenoti thinks it can help. The Seattle-based startup is raising $15 million in a round led by Norwest Venture Partners to help salons run their businesses. A cloud-based management platform, Zenoti helps spa chains with everything from billing to inventory management. They aim to […]
Posted on August 12th, 2016 by admin
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The last decade-plus hasn’t been great for SGI. The company formerly known as Silicon Graphics declared Chapter 11 in 2009. That same year, it was sold to Rackable for a song, with that company somewhat confusingly changing its own name to SGI (short for Silicon Graphics International) during the process. Now former competitor Hewlett Packard […]
Posted on August 12th, 2016 by admin
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The cloud services that Google uses to power its own services are second to none. But for the longest time, the company couldn’t get a foothold in the quickly growing cloud computing business while competitors like Amazon’s AWS and Microsoft Azure were growing rapidly. To right this ship, Google brought in Diane Greene by acquiring […]
Posted on August 11th, 2016 by admin
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Among other things, CareSkore wants to use machine learning to anticipate mortality. However, the newly endowed platform is more than just a Facebook poll that tells you how you’ll meet your end this Christmas by being squashed by a falling piano. Storm ventures, Cota Capital, Rising Tide Fund and Liquid 2 Ventures are rallying behind the Y Combinator graduate with today’s… […]
Posted on August 11th, 2016 by admin
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Silk‘s co-founder and CEO, Salar al Khafaji, announced today that private data analytics unicorn Palantir would be acquiring the company. The transaction appears to be an acqui-hire, with members of the Silk team directly joining Palantir in new roles. Founded in 2010, Silk helps data journalists, activists, NGOs and businesses produce data visualizations in the […]
Posted on August 10th, 2016 by admin
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Today, Pingpad, which launched last year as a consumer mobile app, did an about-face, announcing it has built a collaboration tool on top of the popular Slack enterprise communications platform. It shut down the consumer mobile app recently to concentrate on this approach. Ross Mayfield, one of the founders of PingPad, has been around since the […]
Posted on August 10th, 2016 by admin
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Mirantis, which specializes in offering software, support and training for running OpenStack, today announced that it is partnering with Germany-based SUSE, best known for its Linux distribution, to offer its customers support for SUSE’s enterprise Linux offering. The two companies also said that they will work on making SUSE Linux Enterprise Server a development platform for use… Read […]
Posted on August 9th, 2016 by admin
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Yet one more significant piece of M&A in the online recruitment industry. Today Randstad Holdings, an Amsterdam-based human resources and recruitment specialist, announced that it would acquire job hunting portal Monster Worldwide, for $429 million in cash. The deal works out to $3.40 per share in cash and is a premium on Monster’s share price at closing […]
Posted on August 9th, 2016 by admin
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Twilio, exceeded revenue expectations in Q2 earnings released today after the bell. Immediately share prices increased in after-hours trading before falling back to the market closing price. The cloud-communications company reported revenue of $64.5 million and a loss per share of $0.08. Twilio beat revenue by over 10 percent. Analysts had expected a loss of $0.14 per share on revenue… Read More […]
Posted on August 8th, 2016 by admin
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The path for SaaS domination of a market segment has historically followed one of two routes: bringing previously offline workflows online, or moving on-premise software processes online. In short, SaaS would take over segments that previously were not SaaSified. Yet, the current wave of HR SaaS innovators the past few years is proving that there […]
Posted on August 7th, 2016 by admin
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