Enterprise
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Okta pops as Wall Street continues to take a shine to the enterprise
Okta came out of the gate strong today in its Wall Street debut, attracting the type of institutional investors CEO Todd McKinnon says should be around for the long haul. This IPO comes at a time when Wall Street appears ready to embrace enterprise technology companies. Read More
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Tracking the explosive growth of open-source software
Many hot new enterprise technologies are centered around free, “open-source” technology. But how can corporate customers, and investors, evaluate all these new open-source offerings? These questions are especially tough to answer because most open-source companies are still private. That’s why we created a detailed index to track popular open-source software projects. Read More
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Equity podcast: Lyft’s new anti-Uber warchest, and Gene Munster on IPOs and Apple
Welcome back to Equity, TechCrunch’s venture capital-focused podcast where we unpack the financial side of technology. This week Katie Roof, Matthew Lynley and your servant sat down with Gene Munster, best known for his bullish takes on Apple as an analyst. Munster is now a venture capitalist at Loup Ventures, where he’s a managing partner. As a group we dug into Lyft’s… Read More
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SkyX drones are half-helicopter, half-plane and built to fly long distances
A Markham, Ontario startup called SkyX Ltd. emerged from stealth today to share with TechCrunch details about its unique industrial drone designs. The company’s SkyOne drones take off and land like a helicopter, but fly more like an airplane, with a range of more than 25 miles (40 km) per charge. For drone industry nerds, this means they have both VTOL and fixed-wing elements. Read More
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Identity management software provider Okta seeks to raise $187M with IPO pricing
Okta is setting an increasingly ambitious target for its IPO, now officially pricing it at $17 per share set for its debut tomorrow — and looking to raise as much as $187 million in the hopes that it can capitalize on the newly open IPO window. Microsoft’s Azure Stack preview adds support for Azure Functions and App Service
Azure Stack is one of Microsoft’s most ambitious projects in the data center space. The goal of Azure Stack is, at its core, to bring many of the features of Microsoft’s Azure cloud computing platform into the enterprise data center. While there are some obvious advantages to using public cloud services like Azure, AWS or Google Cloud, after all, for many customers, running their… Read More
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Twitter unveils a new API platform, roadmap and vision for its developer community
Twitter historically has had a rocky relationship with its developer community. It once encouraged third-party apps, then later restricting them; hosting developer conferences, then killing them; debuting a suite of developer tools, then selling them; and despite issuing a mea culpa, the company failed to regain the trust of many. Read More
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Canonical ends development of its phone to focus on cloud and IoT
Canonical, the company behind the Ubuntu Linux distribution, long had aspirations to become a player in the mobile phone and tablet world, too. You can’t easily buy an Ubuntu-powered phone today (at least not in the U.S.), but over the years, a few have come and gone. As Canonical founder Mark Shuttleworth announced today, however, the company will end its investment in the phone… Read More
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83North closes $250M fourth fund focused on European, Israeli startups
European VC firm 83North (formerly Greylock IL), which since 2008 has focused on backing startups in Europe and Israel, has closed its fourth fund — taking $250M in a raise that it says was both oversubscribed and its largest to date, and bringing its total capital under management to $800M. Read More
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FINE, a San Francisco- and Portland-based brand agency, is open sourcing the content management system (CMS) it has developed in-house to build sites for brands like Anchor Brewing, Kimpton Residences at Seafire, Prūf Cultivar (“Elevated Cannabis”) and others.