Enterprise

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UK’s Tide raises $14M to challenge big banks with a mobile-first service for SMBs

 Europe has seen a large wave of startup banks pop up in the last few years — companies like N26, Atom and Monzo that are taking on the big incumbents by creating faster and cheaper services for a new class of consumers as they grow up and enter the working world. Now a startup has raised a sizeable Series A to tackle what it believes is a similar opportunity in the small business… Read More

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Tintri up slightly after lowering IPO price

 Enterprise cloud company Tintri was supposed to debut on the public markets yesterday with an IPO price between $10.50 to $12.50, but then pushed things back a day and lowered its price to $7. Shares were up about 3.5 percent midday Friday, trading at roughly $7.25 per share. Read More

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Crunch Report | Blue Apron IPO Has A Rocky Start

Crunch Report 6.29 Today’s Stories 

Blue Apron IPO off to a rough start
Microsoft confirms Cloudyn acquisition, sources say price is between $50M and $70M
Instagram implements an AI system to fight mean and harassing comments
Uber crosses the 5 billion trip milestone amid ongoing issues
A brief history of the iPhone

Credits
Written and Hosted by: Anthony Ha
Filmed by: Matthew Mauro
Edited by: Joe… Read More

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Adobe releases analytics tools for conversational AI

 It’s still hard to say if the voice-controlled aluminum can will be the next smartphone or the next Segway, but either way, brands are preparing. This morning Adobe launched a new set of analytics tools, Adobe Sensei for Voice, to help brands take advantage of conversational data to improve targeting and, ideally, conversions.
Adobe says it can consume data from Alexa, Siri, Google… Read More

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Kinetica scores $50 million Series A for super-charged in-memory database solution

 Kinetica’s roots as a company go back to a 2009 consulting project for US intelligence services. When they couldn’t find a solution on the market to meet the strict demands of the army and NSA to track terrorists in real-time, they decided to build it. Today, it’s an in-memory database solution that relies on commodity hardware running Nvidia GPUs to supercharge the processing.… Read More

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Nutanix introduces two new tools in quest to simplify hybrid cloud management

 Nutanix began as a storage company, but always had a broader view of the computing world. As company president Sudeesh Nair told me, they started with storage because they believed legacy storage was holding back data center transformation. Today the company made another step beyond that initial vision, introducing two new products that they see as part of a larger hybrid cloud operating system. Read More

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Intercom lands former Intuit exec Karen Peacock as its new COO

Karen Peacock, COO at Intercom Intercom, a business messaging tool that enables companies to communicate directly with customers in an online context, announced today that it has hired former Intuit SVP Karen Peacock as company COO.
She joined the company May 30th, but they are making the news public for the first time today.
Peacock comes with an impressive resume that starts with a BA from Harvard and an MBA from Stanford. Read More

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As Egnyte turns 10, it moves into data protection

 Egnyte had a big milestone last week. It turned 10 years old, which is a pretty big deal for a startup. The company has survived and even thrived, but as it moves into its second decade, it recognizes that it can’t live on file sync and share alone, and today it announced the general availability of a new product called Egnyte Protect. The product was introduced in Beta last year, but… Read More

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Salesforce introduces several Einstein AI tools for third-party developers

 Salesforce launched three AI tools for developers today at the TrailheaDX developer conference. These algorithms, which fall under the new Einstein Platform Services, enable third-party developers to add Einstein intelligence to applications built on top of the Salesforce platform. The new services include sentiment and intent analysis and some pretty sophisticated image recognition… Read More

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