Nov
08
2017
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Real estate startup Compass nabs $100M at a $1.8B valuation

 Today, the real-estate startup Compass is announcing that it has raised another $100 million — money that it plans to use to expand its sales and rental listings service to every major city in the U.S., as well as build new CRM technology to integrate client, listings and transactions data. The Series E values the company at a whopping $1.8 billion. Compass had over $100 million in the… Read More

Nov
02
2017
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VMware acquires VeloCloud as it moves deeper into networking

 VMware announced today that it was acquiring VeloCloud, a startup that focuses on cloud-based wide area networks (WAN), those networks that span a broad area across data centers or regions. The companies did not reveal the purchase price.
The news confirms a report that The Information first reported  yesterday.
The company appears to be an excellent fit as one of the primary use cases is… Read More

Nov
01
2017
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InVision picks up $100 million Series E

 InVision, the design collaboration tool based out of New York, has today announced the close of a $100 million Series E funding round. The financing was led by Battery Ventures, with participation from existing investors Accel, Tiger Global Management, FirstMark and ICONIQ Capital, along with new investors Spark Capital and Geodesic. InVision launched back in 2011 as a tool that would simply… Read More

Oct
24
2017
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HashiCorp raises $40M for its cloud infrastructure automation services

 HashiCorp is probably best known for Terraform, its open-source tool for automatically provisioning infrastructure by describing it as code. But the company also offers a whole range of additional open-source security tools and products that enable multi-cloud deployments, as well as enterprise versions of these tools that add features for larger teams on top of these free versions. Read More

Oct
24
2017
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Primer helps governments and corporations monitor and understand the world’s information

 When Google was founded in 1998, its goal was to organize the world’s information. And for the most part, mission accomplished — but in 19 years the goalpost has moved forward and indexing and usefully presenting information isn’t enough. As machine learning matures, it’s becoming feasible for the first time to actually summarize and contextualize the world’s… Read More

Oct
23
2017
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Cisco scoops up BroadSoft for $1.9 billion to boost communications tools portfolio

 One thing is clear, Cisco is not afraid to use its considerable cash on hand to fill in holes in its product portfolio. Today it wrote out a big fat check for $1.9 billion to acquire BroadSoft, a Maryland company that delivers unified communications via service providers. The purchase gives Cisco a new way to sell its communications tools as it shifts its focus from a pure networking… Read More

Oct
23
2017
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ActionIQ nabs $30M led by A16Z to bring big data targeting to marketers

 The trend of using big data analytics to glean more targeted insights for your business continues to be democratized, with an increasing number of startups hitting the market to help those who are not data scientists nor engineers take advantage of these kinds of tools. In the latest development, a startup called ActionIQ — a marketing activation platform that gives marketers better… Read More

Oct
19
2017
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Data is the name of the game, as Intel Capital puts $60M in 15 startups, $566M in 2017 overall

 Intel Capital, the investment arm of the processor giant, is today announcing its latest tranche of investments, a total of nearly $60 million going in to 15 startups that are working on solving different problems in the bigger area of big data (with a full rundown below). The investments come on the back of a big year for the group: In 2017 so far, Intel says that it’s invested $566… Read More

Oct
19
2017
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SendGrid files for marketing email IPO

 Denver-based SendGrid has filed for an IPO. The company, which helps marketers send emails to customers, says in its S-1 that it has processed more than “one trillion emails.” Read More

Oct
19
2017
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MongoDB shares pop 25% in its public market debut

 MongoDB made its public debut with a bang, with jumping more than 25%, today after spending the past several days revising up its expectations throughout the IPO process — which seems to have landed on the right spot. The company provides open-source technology that can be attractive for early-stage startups that want to get off the ground and then seeks to convert those companies to… Read More

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