Enterprise
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Enterprise storage company Pure Storage has raised $425 million after pricing its IPO on the NYSE at $17 per share, as originally reported by the Wall Street Journal. The company is trading under the ticker, “PSTG.” The Mountain View-based company competes with Dell, EMC, HP and others to provide flash storage products for businesses. Pure Storage warned in its filing that some… Read More
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Perforce introduced a new product today in conjunction with GitLab called GitSwarm, which allows developers to work with their code and only their code, while giving IT a centralized view of the entire codebase — essentially allowing everyone to have their cake and eat it too. “What makes sense is combining two workflows where developers can live in the Git… Read More
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Duo Security, best known for its simple mobile phone two-factor authentication, announced today that it was expanding its Duo Platform security tool to give IT administrators greater visibility and control over every device entering the network. Last April the company announced Duo Platform, giving IT admins the ability to set policies, automate enforcement and see all of the… Read More
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Code42, the Minneapolis-based developers of the Crashplan enterprise backup tool, announced a massive $85 million round today. Code42 doesn’t do them small. It has had only one previous round for $52.5 million at the beginning of 2012. The company could have gotten more if it wanted it, according to CEO Joe Payne. “This was the amount of money we needed for the next stage of… Read More
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This morning IBM announced plans to acquire Cleversafe, a Chicago-based data storage vendor. The move appears to be a way to shore up IBM’s hybrid cloud storage chops. Terms of the deal were not available. Cleversafe was founded in 2004, and was well ahead of its time when it came to anticipating the big data revolution. According to its website, the company foresaw the coming data… Read More
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The team at Turing Email is setting out to fix the little things that make email so tedious. Although many solutions to replace email for internal communications are growing in popularity today, Turing Email takes a step back to the basics and focuses on the little inconveniences that make email such a groan-inducing part of the workday. Stewart Macgregor-Dennis, the company’s founder… Read More
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When Microsoft settled its patent lawsuits with Google yesterday, it ended a long battle with the search giant, but it wasn’t an isolated action. It was part of a continuing pattern of serving its customers instead of its corporate ego. Whether it’s evolving agreements with Apple, Salesforce or Box or putting an end to senseless lawsuits, Microsoft is attempting to… Read More
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This morning at Asana’s San Francisco headquarters, the startup announced a new version of its product, a new brand — logo — and, happily, some metrics about its growth. As you will recall, the startup picked up a new Head of Business from Google on Monday, announcing at the same time that it has expanded its revenue by 230 percent over the past year. Growth Asana announced… Read More
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Managing a complex modern IT infrastructure is hard. NodePrime, a San Francisco-based startup that’s emerging from stealth today, wants to make it easier for companies to map, monitor and control their data centers. The company also today announced that it has raised a $7 million seed round with participation from the likes of Menlo Ventures, NEA, Formation 8, Ericsson, Initialized… Read More
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Much like the evolution of systems design, IT-enabled process change ebbs and flows over time. We see this in history as each technology revolution brings with it a refactoring of business operations. We’re about to see another “flow” of transformation thanks to resurgent interest in artificial intelligence and the emergence of the AI-powered business application. Read More
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