Enterprise
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Collaboration software company Jive to be acquired by Aurea for $462 million
Jive, a community collaboration software company that was one of the biggest Enterprise 2.0-era success stories, going public in 2011, announced today it had agreed to be acquired by ESW Capital’s Wave Systems for $462 million. It will become part of the Aurea family of companies. Read More
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Tencent to open AI research center in Seattle
Chinese tech conglomerate Tencent will be opening a new AI research center in Seattle, according to The Information. The company has long had a core office in Palo Alto, but this will be its first major machine intelligence R&D effort in the country. Earlier this week Tencent announced that it would open its first data center in Silicon Valley. Read More
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Data management startup Rubrik confirms $180M round at a $1.3B valuation
Rubrik, a startup that provides data backup and recovery services for enterprises across both cloud and on-premises environments, has closed a $180 million round of funding that values the company at $1.3 billion. The news confirms a report we ran earlier this week noting that the company was raising between $150 million and $200 million. Read More
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Cloudera finishes up 20% in stock market debut
After pricing its IPO at $15 per share, Cloudera, the enterprise big data company, closed the day up more than 20 percent, at $18.09. This also is above the range of $12 to $14 for which Cloudera was preparing. Equity podcast: Earnings clown car and the profitable-ish Dropbox with Hunter Walk
Welcome back to Equity, TechCrunch’s venture-capital focused podcast where we unpack the numbers behind the narrative. Homebrew’s own Hunter Walk joined us for this episode along with co-hosts Katie Roof, Matthew Lynley and myself. This week has been a delightful clown car of technology earnings, so we dove into Twitter’s surprisingly strong report that drove its share… Read More
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Investors are betting 3DR can find life after Solo as a drone data platform
An early player in drone-tech, 3D Robotics Inc. on Thursday announced that it has raised $53 million in a Series D round of funding, including new equity funding and conversion of debt equity. Atlantic Bridge led the round, joined by Autodesk Forge Fund, True Ventures, Foundry Group, Mayfield and other undisclosed investors, according to the company statement. Read More
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Microsoft meets expectations with $23.6B in revenue, Azure revenue up 93%
Microsoft just reported earnings for the last quarter. The company reported non-GAAP revenue of $23.6 billion and non-GAAP earnings per share of $0.73. Wall Street’s cadre of crack analysts expected the company’s earnings per share to come in at around $0.70, with revenue hitting about $23.6 billion. In the year-ago quarter, Microsoft reported earnings per share of $0.62. Wall… Read More
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Marketing tech company Zeta Global raises $140M at a $1.3B valuation
Zeta Global, the marketing tech company that has recently acquired the likes of eBay’s enterprise arm and Acxiom Impact, is preparing for another round of acquisitions and investments in its technology. To do so, the company today announced that it has raised a $140 million Series F round. Read More
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UiPath raises $30M to build ‘software robots’ for internal business tasks
The world is awash with bots these days — applications the run either partly or entirely using natural language processing, machine learning, computer vision and other artificial intelligence technologies to help consumers ask and answer questions, buy things and get other stuff done. In the enterprise equivalent, a company that is building something akin to this for large… Read More
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Dropbox really wants us to know its finances are healthy
Healthy financial milestones sugarcoat the conversation temporarily, but eventually Drew Houston is going to have to step into the public markets. At that point nobody will care how fast Dropbox grew its revenue back in the day. The question will be whether Dropbox is a company that can eventually sustain $10 billion in yearly revenue. Read More
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