Dec
17
2017
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Oracle to buy construction collaboration software maker Aconex for $1.2B in cash

 Oracle will pay $1.2 billion in cash to buy construction software developer Aconex, the companies announced today. Based in Melbourne, Aconex’s cloud-based software allow teams working on building projects to collaborate and share documents. Oracle agreed to pay AUD $7.80 (about $5.97) per share in cash for a total of $1.2 billion. This price represents a 47% premium over… Read More

Dec
14
2017
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Xage emerges from stealth with a blockchain-based IoT security solution

 Getting the myriad of devices involved in the industrial internet of things provisioned and communicating with one another in a secure way will be one of the great technological challenges facing companies in the coming years. Xage (prounounced Zage) emerged from stealth today with a blockchain-based security solution that could help simplify this. The company also announced that Duncan… Read More

Dec
13
2017
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Commerce platform iZettle raises $47M at a $950M valuation

 iZettle — the commerce platform based out of Stockholm that competes against companies like Square, Paypal and SumUp to provide card transactions using smartphones and tablets as well as related accounting services — has raised another €40 million ($47 million) as it approaches a $1 billion valuation. CEO and co-founder Jacob de Geer told TechCrunch the money will go towards… Read More

Dec
06
2017
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Inflect raises $3M seed round to make buying internet infrastructure easier

 Inflect, a startup that wants to make it easier for businesses to buy their own internet infrastructure, today announced that it has raised a $3 million seed funding round. The service, which is still in preview, provides business with the necessary data to make their purchasing decisions when they go out and look for their own data center space, networking services and exchange… Read More

Dec
01
2017
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Flowspace is AWS for warehouses

 Got too much internet traffic? Get servers on demand from Amazon Web Services. Got too many pallets of physical goods? Well now you can get on-demand warehousing from Flowspace. The startup aims to become the next critical logistics service by making atoms as easy to store and ship as bits. Read More

Nov
30
2017
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Uptake nabs $117M at $2.3B valuation for industrial predictive analytics

 A company that is seizing the opportunity to provide predictive analytics to the industrial world — regardless of whether a business has made the (often costly) transition to internet-of-things “smart” systems — is today announcing that it has raised a significant round of growth funding to double down on the opportunity. Uptake, a SaaS startup that uses machine learning… Read More

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

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