Sunday December 22, 2024

IBM dangles carrot of full encryption to lure buyers to new z14 mainframe

 IBM is doing its damnedest to keep the mainframe relevant in a modern context, and believe it or not, there are plenty of monster corporations throughout the world who still use those relics from the earliest days of computing. Today, the company unveiled the z14, its latest z-Series mainframe, which comes with the considerable draw […]

BloomAPI locks down $2.4M to fix medical record releases

 Seattle-based BloomAPI is announcing a $2.4 million seed round this morning for its solution to the broken medical records release process. It’s no secret that the entire U.S. healthcare system is held back by antiquated technology — but unlike many competitors, BloomAPI offers a solution that works with, and not against, the old-school technologies. Read […]

Box introduces Box Elements, pre-packaged content services for developers

 Box introduced a new type of developer tool today called Box Elements, pre-packaged application pieces designed to deliver Box functionality with a few lines of code. Eventually there will be three types of Elements: UI, app and services. Today, the company is launching the UI pieces, which include Content Uploader, which lets developers add drag […]

Pendo closes $25M Series C from Meritech to scale its customer understanding platform

 Just seven months after announcing a $20 million Series B, Pendo, a platform to help businesses better understand their customers, has closed a new $25 million Series C led by Meritech Capital Partners. The North Carolina-based startup has been growing at a rapid clip — ballooning to 106 employees across offices in San Francisco, New […]

Here are the winners of the Google Cloud machine learning pitch-off

 Back in March at Google’s Cloud Next conference, the company announced plans to run its own machine learning startup competition side-by-side with Data Collective and Emergence Capital. Four months later, 10 startups, pulled from a pool of 350+ applicants, presented onstage at Google’s Launchpad Space in San Francisco. The startups vied for three prizes; here […]

BetterWorks and CEO sued by ex-employee for alleged sexually suggestive assault

 Beatrice Kim is suing her former employer, BetterWorks, and its CEO Kris Duggan for allegedly assaulting her in a sexual manner during a company retreat. The lawsuit also implicates the startup’s regional VP Matt Hart and VP of People Operations Tamara Cooksey for allowing sexual harassment in the workplace and not taking action after the alleged […]

Canada’s Assent Compliance raises $31.4M Series B round to help businesses stay in compliance

 Assent Compliance isn’t in a sexy space. The company focuses on helping enterprises collect the necessary data to keep their global supply chains in compliance with local and international regulations. But while that may not sound like the most exciting space to be in, the company today announced that it has raised a $40 million […]

Jefferies gives IBM Watson a Wall Street reality check

 IBM’s Watson unit is receiving heat today in the form of a scathing equity research report from Jefferies’ James Kisner. The group believes that IBM’s investment into Watson will struggle to return value to shareholders. In recent years, IBM has increasingly leaned on Watson as one of its core growth units — a unit that sits […]

Bitly sells a majority stake to Spectrum Equity for $63M

 Bitly is announcing that it has raised $63 million in additional funding from Spectrum Equity — a deal that gives the growth equity firm a majority stake in Bitly. Founded in 2008, the company was initially known for providing a handy link shortening tool for anyone with a Twitter account, but it’s now focused on […]

Box announces former Apple, Cisco exec Stephanie Carullo will succeed Dan Levin as COO

 Box dropped a bit of a bombshell this afternoon when it announced that long-time Chief Operating Officer Dan Levin would be stepping down from the role and Stephanie Carullo would be taking over. Read More Tweet This Post