Enterprise
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Workplace collaboration platform Slack has been a runaway success since opening for business just over a year ago: the company co-founded and led by Flickr founder Stewart Butterfield now has 1.1 million daily active users, with 300,000 of them paying for premium tiers of the service bringing in annual recurring revenue of $25 million. Now, Slack is stepping up its game and getting more… Read More
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HackerOne, makers of a bug bounty platform where companies pay hackers to find vulnerabilities in their products, announced a $25 million Series B round today. The round was led by NEA. Benchmark, its lead Series A investor, also participated along with several prominent individual investors including Salesforce.com CEO Marc Benioff, Digital Sky Technologies Partner Yuri Milner, Dropbox… Read More
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IBM is going Levie. This evening, Box and IBM announced a partnership that will see their technologies integrated, and their cloud products commingled. As part of the arrangement, Box will also offer its customers the ability to store their data on IBM’s cloud, which will have — I checked with the firm — 46 data centers around the world by the end of the year. The deal has… Read More
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Replicated, a company that wants to help SaaS vendors ship an on-premises version of their applications more easily, made a series of announcements today including a $1.5M seed round and several Beta customers. The company is taking advantage of Docker containerization technology to build a solution that enables developers to code once and ship two identical versions of the product —… Read More
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Sense360, the company that received $2.75 million in seed without ever telling us publicly what it is that they do, has just come out of stealth with the launch of their SDK. The idea behind Sense360 is actually quite simple, though execution of that plan is anything but. Essentially, Sense360 has found a way to combine all kinds of data from the sensors in a smartphone, paired with location,… Read More
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Startups that help people send money to each other or pay for goods and services online have been growing like weeds, fuelled by consumer demand, increasingly ubiquitous connected devices to make and receive the funds, and VCs eager to profit from their growth. Now a startup that has built technology to power fintech startups is raising some money of its own. Currency Cloud, a UK-based… Read More
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Today Box announced it is releasing Box Governance, its governance tools, from Beta to general availability, making three tools available today. The announcement itself is really less important than what it represents as the company has tried to transform content management from a monolithic and often obtuse on-premises system into a cloud-based digital tool. The goal and challenge for… Read More
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TechCrunch Disrupt New York Battlefield finalist, DigitalGenius announced its first serious funding today with a $3 million investment round. The company was looking for $2 million, but garnered so much interest from investors it ended up landing $3 million, according to DigitalGenius chief strategy officer Mikhail Naumov. The round was led by Metamorphic Ventures. Lerer-Hippeau… Read More
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Slack’s valuation soared to $2.8 billion in less than two years, and has doubled in the past six months alone — all without any big marketing campaigns. The startup’s adoption curve and rave reviews are something many founders and investors dream about, but few actually achieve. Read More
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