Jul
18
2017
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Workflow automation startup Workato announces $10m Series A

 It’s a big day for Workato as the startup announced a $10 million Series A, and the latest release of its workflow automation platform dubbed ‘Turing.’ The round was led by Storm Ventures with participation from strategic investors Salesforce Ventures and Workday Ventures. The four year old company has now raised a total of $16 million. Workato helps companies simplify… Read More

Jul
18
2017
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Google Glass is back with hardware focused on the enterprise

 Google Glass arguably always only made sense as an enterprise-focused product, but now it’s officially back and customized for those applications, with Glass Enterprise Edition (EE). The wearable head-mounted display has long had a place in the enterprise, even as its death as an experimental consumer product was being widely reported, but now we know a bit more about the EE hardware… Read More

Jul
18
2017
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Google launches Hire, a new service for helping businesses recruit

 Google today announced the launch of Hire, a new service that helps businesses more effectively manage their internal recruiting process. Hire offers businesses a cohesive applicant tracking service that’s deeply integrated with G Suite to make it easier for businesses to communicate with their candidates and track their progress through the interview process. Earlier this year,… Read More

Jul
18
2017
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Taavet Hinrikus hands over CEO reins at TransferWise to cofounder Kristo Kaarmann

 A changing of the guard at TransferWise, the unicorn startup based out of London that specialises in providing money-transfer services, typically with better rates than banks and other incumbent providers. The company’s CEO and co-founder Taavet Hinrikus announced that he is stepping down and staying on in a part-time role as chairman and board member. He will be replaced by his… Read More

Jul
18
2017
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Corelight closes $9.2M Series A to help enterprises battle ransomware

 It’s already been a year of multiple high profile ransomware attacks and now cybersecurity startup Corelight has bagged a $9.2 million Series A round, led by Accel Partners. Read More

Jul
16
2017
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IBM dangles carrot of full encryption to lure buyers to new z14 mainframe

IBM z14 mainframe computer IBM is doing its damnedest to keep the mainframe relevant in a modern context, and believe it or not, there are plenty of monster corporations throughout the world who still use those relics from the earliest days of computing. Today, the company unveiled the z14, its latest z-Series mainframe, which comes with the considerable draw of full encryption. Is that enough for even corporate giants… Read More

Jul
14
2017
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BetterWorks and CEO sued by ex-employee for alleged sexually suggestive assault

 Beatrice Kim is suing her former employer, BetterWorks, and its CEO Kris Duggan for allegedly assaulting her in a sexual manner during a company retreat. The lawsuit also implicates the startup’s regional VP Matt Hart and VP of People Operations Tamara Cooksey for allowing sexual harassment in the workplace and not taking action after the alleged assault was reported. Read More

Jul
14
2017
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Canada’s Assent Compliance raises $31.4M Series B round to help businesses stay in compliance

 Assent Compliance isn’t in a sexy space. The company focuses on helping enterprises collect the necessary data to keep their global supply chains in compliance with local and international regulations. But while that may not sound like the most exciting space to be in, the company today announced that it has raised a $40 million CAD Series B round. Read More

Jul
13
2017
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Jefferies gives IBM Watson a Wall Street reality check

 IBM’s Watson unit is receiving heat today in the form of a scathing equity research report from Jefferies’ James Kisner. The group believes that IBM’s investment into Watson will struggle to return value to shareholders. In recent years, IBM has increasingly leaned on Watson as one of its core growth units — a unit that sits as a proxy for projecting IBM’s… Read More

Jul
13
2017
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Here are the winners of the Google Cloud machine learning pitch-off

 Back in March at Google’s Cloud Next conference, the company announced plans to run its own machine learning startup competition side-by-side with Data Collective and Emergence Capital. Four months later, 10 startups, pulled from a pool of 350+ applicants, presented onstage at Google’s Launchpad Space in San Francisco. The startups vied for three prizes; here are the winners. Read More

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