Enterprise
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With $3.6M in fresh funding, YotaScale optimizes cloud computing for enterprises
YotaScale, a graduate of Alchemist’s enterprise accelerator, is announcing a $3.6 million venture round today from Engineering Capital, Pelion Ventures and angels Jocelyn Goldfein, Timothy Chou and Robert Dykes. The startup employs machine learning to help balance performance, availability and cost for enterprise cloud computing. Competitors CloudHealth Technologies and Cloudability… Read More
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Cervin Ventures unveils new $56M fund aimed at the future of the enterprise stack
Cervin Ventures, under the direction of Preetish Nijhawan and Neeraj Gupta, is announcing its latest $56 million fund. Built on the success of previous angel and micro-venture portfolios, Cervin is targeting seed-stage startups across the enterprise stack — running the full gamut of infrastructure, data and software. Both Nijhawan and Gupta come from operational roles. Preetish… Read More
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Vize is a business intelligence tool for the rest of us
Chances are that your current company is collecting a ton of data about your customers every second. It’s a goldmine and it often sits there in a corner, unused. Vize is a business intelligence tool that will let you learn more about your business and take advantage of all your data. The company is currently participating in Y Combinator’s winter batch. “The main use case… Read More
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IBM wants to bring machine learning to the mainframe
IBM wants to bring machine learning to its traditional mainframe customers, and eventually to any technology with large data stores hidden behind a company firewall in what IBM calls a “private cloud.”
Yes mainframes, those ginormous computing machines from an earlier age, are still running inside some of the world’s biggest companies including banks, insurance companies… Read More
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Gamalon leverages the work of an 18th century reverend to organize unstructured enterprise data
It’s hard to fathom that the work of Reverend Thomas Bayes is still coming back to drive cutting edge advancements in AI, but that’s exactly what’s happening. DARPA-backed Gamalon is the latest carrier of the Bayesian baton, launching today with a solution to help enterprises better manage their gnarly unstructured data. The world of enterprise is full of… Read More
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Samanage raises $20M and makes enterprise play with new Salesforce integration
Samanage, makers of customer service software in the cloud, had a couple of major announcements today. For starters, they got a $20 million investment, and they also announced a major step: the launch of their enterprise product on the Salesforce platform. Let’s start with the funding. The round included money from Carmel Ventures, Gemini Israel Ventures, Marker LLC, Salesforce Ventures… Read More
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Amazon launches Chime, a video conferencing and communications service for business
Amazon has taken the wraps off of its own Skype competitor. Chime is a new video conferencing and communications from AWS that’s focused on business users. Beyond VoIP calling and video messaging, Chime includes virtual meetings, allowing users to host or join a remote meeting through the service. Pricing starts at $2.50 per user per month on the lowest end, with a higher tier plan… Read More
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Why AWS has such a big lead in the cloud
When you look at the size of the cloud market, it’s astonishing that AWS is the undisputed leader, and probably will be for the foreseeable future. Considering the competition is the likes of Google, Microsoft, IBM and Oracle; AWS’s big lead is even more surprising. The question is how did AWS build such dominance? The simple answer is that it was first, but as Andy Jassy, the AWS… Read More
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To detect prying eyes in the sky, Dedrone raises $15 million
For better or worse, drones are about to become a lot more prevalent in US airspace. The FAA expects sales of drones to spike domestically from 2.5 million last year to 7 million by 2020. Now, a startup that detects drones and helps prevent unwanted aerial intrusions, Dedrone, has closed a $15 million Series B round of venture funding.
Investors in San Francisco-based Dedrone included Cisco… Read More
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Researchers simulate a ransomware attack on industrial controls
Researchers at the Georgia Institute of Technology have created a form of ransomware that can hit us where it really counts: the water supply. Their program installed itself in a model water plant and allowed the researchers to change chlorine levels, shut down water valves, and send false readings to monitoring systems.
“We are expecting ransomware to go one step farther, beyond the… Read More
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