Enterprise
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It looks like we can add another to the string of IPOs that at least look like they’ve been successful — with Yext, too, popping more than 20% once its shares made their debut this morning. Shares of Yext went as high as $14 or so after the company gave its final pricing at $11 last night — meaning it raised at least $115.5 million in its IPO. Following Okta, and before… Read More
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Yext today said it would price its initial public offering at $11, meaning the company will raise around $115.5 million in its IPO as it sets up for a debut tomorrow. Yext will be the second enterprise company in the past week alone that will make its public debut tomorrow following this pricing. With Snap’s IPO seen as successful, as well as tech IPOs in general looking good so far,… Read More
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Since the dawn of Azure, Microsoft has talked about how enterprises can benefit from a hybrid cloud approach — that is, using the public cloud while still running some of their applications in their own data centers. Even today, Microsoft says that 80 percent of the companies it talks to still want to use a hybrid cloud approach and to help them move to its cloud services, the company… Read More
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The enterprise voice space grows hotter today as VoiceOps announces its seed round led by Accel with participation from Founders Fund and Lowercase Capital. The YC-backed startup aims to support sales teams by offering managers clear insights into what tactics are being used on the front lines. Founders, Daria Evdokimova, Ethan Barhydt and Nate Becker designed a machine… Read More
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Sisense introduced a new tool today called Pulse, which uses machine learning to trigger an alert when it detects results outside of normal parameters for a particular metric. A user can set a Pulse alert to monitor a metric or KPI such as sales activity or win rate. The machine learning component watches the chosen metric and learns over time what’s normal. When it detects an… Read More
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That Qualtrics IPO many have been expecting is on hold for now. The online market research platform has just raised its third round for $180 million at a whopping $2.5 billion valuation. The Provo, Utah-based company came from much humbler beginnings, bootstrapping the operation for a decade before finally taking financing from Sequoia and Accel in 2012. It has blown up since then,… Read More
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Qualtrics, an online survey research platform, is listed as tops among likely candidates to go public this year. But is it really going to file and, if so, how close is it to doing that? I’m betting yes and very soon based on some interesting answers in a recent interview with founder Ryan Smith. Read More
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Lucid is announcing that it has raised a $60 million round led by North Bridge Growth Equity. It’s the company’s first outside funding since raising a relatively tiny $2.8 million back in 2011. Founder and CEO Patrick Comer said that in the years between, he deliberately wanted Lucid to “run really, really lean and pour every dollar into growth of product.” Now,… Read More
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