Enterprise
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VMware Confirms Layoffs In Earnings Statement As It Prepares For Dell Acquisition
VMware confirmed that it was laying off 800 employees today as part of its fourth quarter earnings statement. The layoffs had been originally reported by Fortune last week. The move appears to be part of the ongoing dance among EMC federated companies prior to the Dell acquisition expected to go through later this year. Dell announced it was buying EMC in October for $67 billion. EMC owns… Read More
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Walmart Launches OneOps, An Open-Source Cloud And Application Lifecycle Management Platform
Walmart (yes, that Walmart), is launching a new open source DevOps platform for cloud and application lifecycle management. OneOps, which was developed by Walmart Labs, is meant to help developers write and launch their apps faster and make maintaining them easier. The company first announced its plans to open source the service last year. “Our mission is to give our customers the… Read More
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Microsoft Announces The First Technical Preview Of Azure Stack
With Azure Stack, Microsoft wants to bring its Azure cloud computing services into its customers’ data centers. Today, the company announced that it will launch the first technical preview of Azure Stack later this week on Friday, January 29. For now, this is a pretty limited version of Microsoft’s overall vision for Azure Stack. It’ll only support a single machine, for… Read More
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A Year After IPO, Depressed Stock Price Not Bringing Box CEO Down
It was just about a year ago that Box finally pulled the trigger and IPOed. It was a good day by all accounts, with an IPO price of $14 that promptly went up to $23 a share. Today that price sits below $10 a share, well below that $14 launch price and light years from that heady first day close.
All that said, Box CEO Aaron Levie reports he has no regrets about going public and insists he… Read More
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Video Analytics Startup Vidyard Raises $35M
Vidyard, a startup that says it can improve companies’ video marketing and sales, has raised $35 million in Series C funding. The round was led by Battery Ventures, with participation from Bessemer Venture Partners, Salesforce Ventures, OMERS Ventures, iNovia Capital and SoftTech VC. The Y Combinator-incubated startup has now raised more than $60 million total. Vidyard offers a number… Read More
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Grovo Raises $40M To Deliver Employee Training With Quick, Digestible Content
Grovo, a company offering “micro-learning” content and related technology/services to help businesses train their employees, has raised $40 million in Series C funding.
The round was led by Accel (which has been involved since Grovo’s seed round and led the Series B) with additional funding from previous backers Costanoa Venture Capital, SoftTech VC and Greg Waldorf… Read More
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En Route To IPO, Jitterbit Gets $20M Led By KKR To Grow Its Cloud Integration Platform
Jitterbit, an enterprise software company whose cloud-based app integration platform is used by some 35,000 customers to knit together disparate apps, is today announcing a $20 million round of funding led by KKR. The funding will be used for hiring, to build out Jitterbit’s products for specific verticals and to grow the business as the it moves towards an eventual public… Read More
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Cedexis Raises $22M Series B Round For Its Internet Traffic Monitoring And Routing Platform
Cedexis helps large enterprises monitor and optimize how their traffic flows from their servers, CDNs and cloud providers to their customers. The company today announced that it has raised a $22 million Series B round led by Ginko Ventures with participation from Foxconn, Nokia Growth Partners, Citrix Systems Ventures and its Series A investors Madrona Ventures and Advanced Technology Ventures. Read More
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SAP Melds Social And Learning In New Tool
For many years, we’ve had social tools and formal learning management systems, but we have never really had anything that combined the two — until today, that is when SAP announced a new system called SAP Jam Collaboration for learning. The new tool is designed to bring various aspects of corporate learning together in a more social setting. It uses SAP Jam as a platform that… Read More
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Workato Chat Bot Brings Enterprise Workflow Into Slack
As we head into 2016, enterprise chat applications like Slack are suddenly a hot commodity, and if you’re inside chat a good portion of the day the argument goes, you should be able to access other work without leaving the chat client. This is exactly what Workato’s newly announced chat bot, Workbot, is designed to do. Chat bots are small programs that integrate with a chat… Read More
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