Enterprise
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IBM and MIT pen 10-year, $240M AI research partnership
IBM and MIT came together today to sign a 10-year, $240 million partnership agreement that establishes the MIT-IBM Watson AI Lab at the prestigious Cambridge, MA academic institution. The lab will be co-chaired by Dario Gil, IBM Research VP of AI and Anantha P. Chandrakasan, dean of MIT’s School of Engineering. Big Blue intends to invest $240 million into the lab where IBM researchers… Read More
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Mesosphere adds Kubernetes support to its data center operating system
Mesosphere, which was one of the early companies to adopt containers and which focuses on allowing businesses to run their big data and analytics workloads in the cloud, today announced that it now also supports Kubernetes on its DC/OS platform for running big data applications in the cloud. This announcement is going to come as quite a surprise to many. Read More
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Nginx goes beyond its server roots and launches its application platform
Nginx, in its commercial and open source forms, is one of the most popular load balancers, proxies, web and application servers on the internet today. But Nginx Inc, the company behind the project, wants to cast a wider net, especially now that the way developers are writing and deploying their applications is quickly changing. As the company announced at its developer conference in… Read More
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Axonius wants to help businesses manage all of their devices; raises $4M seed round
Axonius wants to help enterprises manage their fast-growing number of mobile, compute and IoT devices that now use their networks and in the cloud. The idea here is to provide these companies with a single platform that allows them to see which devices are active on their networks and control them. This, in turn, enables enterprises to plug potential security holes. Read More
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Snowflake’s newest cloud data warehouse takes aim at regulated industries
Snowflake, makers of a cloud data warehouse service, announced a new virtual private product that should appeal to highly regulated companies like financial services and healthcare. In fact, the company also announced that one of the product’s earliest customers, Capital One, will be investing $5 million in Snowflake as a strategic investor as a result of this new approach. Most… Read More
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Dataiku to enhance data tools with $28 million investment led by Battery Ventures
Dataiku, a French startup that helps data analysts communicate with data scientists to build more meaningful data applications, announced a significant funding round today. The company scored a $28 million Series B investment led by Battery Ventures with help from FirstMark, Serena Capital and Alven. Today’s money brings the total raised to almost $45 million. Its most recent prior round… Read More
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HPE scoops up Cloud Technology Partners to boost hybrid cloud consulting
HPE has been mostly known in recent times for selling off pieces of its business, but it has quietly been on a little run this year buying up cloud companies in an attempt to build out a hybrid cloud business. Today, the company announced it was acquiring Cloud Technology Partners, a Boston-based cloud consulting firm. Terms of the deal were not disclosed. With CTP, HPE gets a consulting firm… Read More
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Identity management startup ForgeRock snags $88 million Series D
Used to be when we thought about identity as it relates to computers and software, it involved a person logging into an application or service. Increasingly though, you also have machines and sensors attempting to authenticate as they access your systems. That creates complications for identity management vendors because instead of managing thousands or tens of thousands of identities, it… Read More
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GetAccept raises $1.6M to help companies close sales leads faster
GetAccept co-founder Mathias Thulin is very familiar with a common problem sales representatives have: they have a great meeting with a potential customer, fire off an email to follow up on that deal and send a thank you note, and then hear nothing back. With all these leads going dark, Thulin and his co-founder Samir Smajic wanted to dig into the data to figure out what was happening. To do… Read More
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Dell Foundation pledges $36 million to Harvey relief effort
Michael and Susan Dell have doubled down on the tech industry’s commitment to bail out Texas as it recovers from Hurricane Harvey. The couple pledged a whopping $36 million to the effort through their foundation today. The money, which represents the largest single contribution to date for the disaster, comes in the form of an $18 million seed contribution, followed by a dollar… Read More
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