Enterprise
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Stealthy startup Preempt Security scores $8 million Series A
Preempt Security, a startup still in stealth, came out of hiding today enough to announce an $8 million Series A round. Beyond that we know only a limited amount about what makes them worth such an investment. The round was led by General Catalyst with participation from Mickey Boodaei and Rakesh Loonkar, the founders of Trusteer, and Paul Sagan, the former CEO of Akamai Technologies.… Read More
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Qualtrics adds former Google and Apple exec Kim Scott to the board to help pull in top Silicon Valley talent
Billion-dollar customer insight startup Qualtrics hopes to recruit top Silicon Valley talent to its home base in Utah as it continues to grow and part of that strategy involves adding professional tech coach Kim Scott to the board of directors. Qualtrics became one of a handful of new unicorns in the Beehive State last year and it continues to climb up and to the right. But it’s hard… Read More
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Red Hat continues cloud transformation with new OpenStack and Cloud Platform Suite products
Red Hat made it clear a few years ago that it couldn’t rely on its Red Hat Enterprise Linux (RHEL) glory forever. It needed a path to transformation and it saw a way with OpenStack and the hybrid cloud.
Today it continued its steady march toward fulfilling that cloudy vision with the release of OpenStack Platform 8 and the Red Hat Cloud Suite. While RHEL remains a mainstay for the… Read More
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Intel announces it’s slashing 12,000 jobs
Intel just announced it was slashing its workforce by 11 percent, calling it in all its corporate press-speak glory “a restructuring to accelerate its transformation.” Sure.
What it means in real human terms is that 12,000 people will be losing their jobs worldwide, and that is never a good thing to hear. Read More
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Capital One open sources Cloud Custodian AWS resource management tool
Capital One is a huge organization with lots of compliance issues related to being a financial services company. It also happens to be an Amazon Web Services customer and it needed a tool to set rules and policies in an efficient way around AWS usage. Last July it started developing the tool that would become Cloud Custodian; today it announced at an AWS event in Chicago that it was making… Read More
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LinkedIn doubles down on Recruiter, its big revenue generator, with a major update
LinkedIn — the social platform used by 400 million professionals looking to network or find work — has taken a major tumble in the markets in the last few months over weak financial guidance amid slowing growth. So this week, ahead of its next quarterly earnings on April 28, LinkedIn is shoring up in areas where it’s either already strong or banking on growing… Read More
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Diamanti emerges from stealth with appliance to modernize operations in containerized world
Diamanti, a startup aimed at solving the problems around balancing networking and storage requirements in the age of containers, emerged from stealth today with a new appliance and $12.5 million in Series A funding from a prestigious list of investors. Perhaps those investors — Charles River Ventures, DFJ Venture, GSR Ventures, and Goldman Sachs — liked the pedigree of the… Read More
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Microsoft’s Azure Container Service is now generally available
Azure Container Service, Microsoft’s container scheduling and orchestration service for its Azure cloud computing service, is now generally available. The service, which allows its users to choose either Mesosphere’s Data Center Operating System (DC/OS) or Docker’s Swarm and Compose to deploy and orchestrate their containers, was first announced in September 2015 and hit… Read More
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OpenText acquires HP customer experience content management for $170 million
OpenText, the Canadian content management company, announced today that it was buying much of the customer experience content management business from HP Inc, the consumer printer business that emerged after the HP split last year. The deal was for approximately $170 million, according to a statement released by OpenText. What’s more OpenText expects the assets to generate… Read More
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IBM inks video deals with AOL, CBC, more; debuts quality live-stream over ‘commodity’ Internet
IBM today unveiled some significant strides forward in its bid to be a major player in the world of online and cloud-based video services, three months after the company acquired live-streaming startup Ustream and formed a cloud video unit. AOL (which owns TechCrunch), the Canadian Broadcasting Company, Comic-Con and Mazda have all signed on for IBM to provide online video… Read More
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