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ThoughtSpot Grabs $30M In Series B Funding To Modernize Business Intelligence
ThoughtSpot, a startup that hopes to modernize the way companies do business intelligence, announced $30 million in Series B funding today led by Khosla Ventures with help from existing investor Lightspeed Venture Partners.
The funding brings its total to $40.7 million to date. As part of the deal, Keith Rabois, who is a partner at Khosla Ventures, will join the ThoughtSpot board of directors. Read More
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Dropbox, Box Competition Heats Up As Companies Buy Early-Stage Startups On Same Day
When two closely competing companies make purchases on the same day, it’s probably fair to say that it’s not a coincidence. Such was the case yesterday when Box and Dropbox purchased early stage startups only hours apart. In fact, the cloud startups with similar names have been on mini buying sprees of late, fighting to fill in holes and improve their products as they march toward… Read More
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With A New Focus On Brokers, Nestio Is Ready To Change The Apartment Hunt
Nestio has been serving the real estate community in New York since 2011, but is today marks the company’s biggest release yet, as real estate brokers are finally being invited to the platform. After pivoting from a consumer product to an enterprise platform, Nestio worked to bring landlords into the service to supply vacancy info as soon as it happens, and now brokers can tap into… Read More
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Mobile-First Predictive Sales Tool Clari Raises $20M More To Widen Its Big Data Net
It was just in April that Clari — a mobile-first sales tool that uses data science and predictive analytics to help sales people do their jobs — emerged from stealth with $6 million in backing from Sequoia. Today the company is announcing another funding milestone: a Series B round of $20 million. Andy Byrne, the company’s founder and CEO, says Clari plans to use the funds… Read More
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UCloud, China’s Answer To AWS, Raises $50M As It Eyes Up An IPO In The U.S.
UCloud, a China-based provider of cloud computing infrastructure and services for games companies, mobile startups and other enterprises has raised $50 million in a Series B round of financing. UCloud, which offers prices that compete against those of Amazon Web Services, says this is the largest-ever funding round for a Chinese provider of cloud-infrastructure-as-a-service. The round… Read More
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RapidMiner Scoops Up Radoop For Hadoop Analytics Processing
RapidMiner, a big data analytics startup, purchased former partner Radoop, giving it Hadoop processing and access to the Radoop team’s Hadoop expertise. They did not share the purchase price. RapidMiner enables customers to create a data-analytics workflow and grab data from a variety of sources without scripting using built-in connectors, then process that data to see patterns that… Read More
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Box Acquires YC-Backed Streem
This morning Box, a cloud-based file-management service, announced that it has acquired Streem, a Y Combinator-backed company that allows customers to “stream” files to their desktop environments. Box declined to share terms of the agreement, but did note in an email that it bought the company using a blend of cash and stock. The four members of Streem will join Box.… Read More
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Microsoft Announces Azure ML, Cloud-based Machine Learning Platform That Can Predict Future Events
Microsoft has been on quite a cloud roll lately and today it announced a new cloud-based machine learning platform called Azure ML, which enables companies to use the power of the cloud to build applications and APIs based on big data and predict future events instead of looking backwards at what happened. The product is built on the machine learning capabilities already available in… Read More
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BlackBerry Launches BBM Protected For Confidential Instant Messaging
BlackBerry today began the rollout of its first eBBM suite product, which tailors its BBM instant messaging service to enterprise users. Today marks the debut of BBM Protected, FIPS 140-2 cryptographic library-enabled messaging, between users within the same enterprise, or between organizations who also use BBM Protected, for secure and confidential communications.
Who cares about this? Read More
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Location Sharing Startup Glympse Raises $12M As It Looks For More Device Integration
Glympse, a location sharing platform that has integrated its real-time mapping and tracking service into messaging apps, cars, wearables and other services, is today announcing a financing round of $12 million. CEO and co-founder Bryan Trussel tells me the company will use the money mainly to staff up the business to deal with the interest it’s been getting from outside companies for… Read More
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