Enterprise
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How Microsoft will put LinkedIn to work in Office
There are a number of ways that Microsoft plans to take advantage of its $26.2 billion LinkedIn acquisition, ranging from data-gathering to getting a foothold in social to plans for re-imagining the recruitment and talent management businesses and more. But one of the more straightforward integration opportunities between the two companies is LinkedIn’s integration with Microsoft Office.… Read More
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Microsoft to buy LinkedIn for $26.2B in cash, makes big move into enterprise social media
Huge news today in the world of M&A in enterprise and social networking services: Microsoft has announced that it is acquiring LinkedIn, the social network for professionals with some 433 million users, for $26.2 billion, or $196 per share, in cash. The transaction has already been approved by both boards, but it must still get regulatory and other approvals. If for some reason the deal… Read More
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Symantec grabs Blue Coat Systems for $4.65 billion
Symantec announced overnight it had purchased Blue Coat Systems for $4.65 billion with the hopes of creating an enterprise security juggernaut. As part of the deal, Blue Coat CEO Greg Clark will take over the same role at Symantec. The company has been operating since April without one when Michael A. Brown stepped down. It was a stunning turn of events for Blue Coat, which was sold just… Read More
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Ping shapes new identity after $600 million acquisition
When I walked into a conference room last Tuesday at the Cloud Identity Summit in New Orleans to interview Ping Identity CEO Andre Durand, it was my first chat with him since the company had been sold the week before for $600 million (as reported by The Information), a tidy exit for the 14 year old company.
I had questions, lots of questions. After all, in conversations with Durand and CFO… Read More
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Cylance, fighting malicious hackers with AI, hits $1B valuation after raising $100M
“If you can’t beat them, join them” may not sound like the most encouraging pitch for a cybersecurity company, but a startup called Cylance has created an artificial intelligence-powered brain that essentially does just that, and it has taken off — raising $100 million in a Series D round of funding and catapulting itself into the so-called ‘unicorn’ club… Read More
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TravelPerk gets $7M Series A to take the pain out of booking business travel
Barcelona based TravelPerk, a business travel booking platform founded last year by a team of ex-Booking.com employees, has closed a $7 million Series A round of financing led by Spark Capital. Meet the newest AngelPad startups, and the tech they built to cure business headaches
Yesterday in San Francisco, AngelPad held its 10th Demo Day, a graduation of sorts for the enterprise startups admitted into and backed by the accelerator. The accelerator, run by husband and wife team Thomas Korte and Carine Magescas, has realized at least one solid exit already in the adtech startup MoPub, which sold to Twitter for $350 million in stock in the fall of 2013. Companies that… Read More
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Comfy raises $12 million for app to end office thermostat wars
Building Robotics Inc., better known as Comfy, raised $12 million in Series B funding for building automation software that helps companies save energy on office air conditioning while gathering employee-contributed data about the use and occupancy of a workspace.
Emergence Capital led the investment, joined by real estate services company CBRE and Microsoft Ventures.
According to company… Read More
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Analytics startup Amplitude raises $15M
Amplitude announced this morning that it has raised $15 million in Series B funding.
In the past, the web and mobile analytics company has pitched itself as a more affordable alternative to Mixpanel. More recently, CEO Spenser Skates said the bigger vision is to make user data available to everyone in a company, not just data scientists.
“It’s so easy to look up any piece of… Read More
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Celonis takes $27.5M led by Accel, 83North to grow the market for big data process mining
How do big businesses optimize IT-driven processes? Often by hiring management consultants to cast an expert eye over digital traceries and deliver recommendations for improving core operations like logistics and production. But Munich-based B2B SaaS startup Celonis reckons software can do a better job of flagging up areas where there’s room for business optimization. Its… Read More
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