Paul Gillin
Latest from Paul Gillin
Rocketlane scores $18M early-stage funding to automate customer onboarding
Rocketlane Corp., maker of a software-as-a-service platform purpose-built for onboarding new customers, today announced that it has closed an $18 million Series A funding round, bringing its total funding to $21 million. The company, which has headquarters in both India and San Mateo, California, is targeting a niche that is a problem area for software ...
Virtana bags $73M to build its hybrid cloud observability business
Virtana today said it raised $73 million in an unspecified funding round to grow its hybrid cloud operations management business. The company, officially Virtual Instruments Inc., sells tools based on machine learning that help enterprises monitor, manage and optimize hybrid cloud environments, which are emerging categories called AIOps and observability. Gartner Inc. has estimated that ...
Databricks kicks off vertical push with analytics platform for retailers
Distributed data analytics and machine learning software provider Databricks Inc. is making its first foray into vertical markets today with the announcement of the Databricks Lakehouse for Retail. The announcement is, at least in part, a formality since Databricks has had a retail practice for nearly three years, according to Rob Saker, the company’s global ...
WorkStep raises $25M to help businesses improve frontline employee retention
Technology firms that target so-called “deskless” workers continue to reel in investment dollars. San Francisco-based WorkStep Inc., which has a database of more than 1 million frontline workers and software that matches them with prospective employers, today announced it has raised a $25 million Series B round, bringing its total funding to $42.2 million. The ...
Cloudinary bootstraps its way to a $100M annual revenue run rate
In a current venture funding market that can only be described as giddy, Cloudinary Ltd. is an outlier. The company, which makes a cloud-based media management platform, has never taken outside investment yet today it is announcing its first acquisition and an annual revenue run rate that exceeds $100 million, up from $80 million six ...
Collaboration startup Miro joins the unicorn club with $400M funding round and $17.5B valuation
Investors continue to throw money at technology aimed at improving collaboration among remote workers. Today, Miro, the business name of RealtimeBoard Inc., said it has closed a $400 million funding. The Series C round brings its total amount raised to $476 million and its valuation to $17.5 billion. Miro makes a digital whiteboard that teams can ...
Startup seeks to make energy-hogging air conditioners obsolete
A small clean-technology startup is aiming to rid the world of the growing climatic impact of air conditioning with a new approach that it claims can reduce peak energy demand by more than 80% and greenhouse gas emissions by 85%. Parkland, Florida-based Blue Frontier LLC’s technology, which is currently testing its products at national labs ...
Digital twins build a new presence in the construction industry
Commercial construction is an orchestration exercise of almost unimaginable complexity that has nevertheless long been managed mostly on paper. Teams of builders, electricians, plumbers, architects, structural engineers and numerous other professions must come together around a shared task of turning a design document into a physical structure. They do so amid a complex and constantly ...
Inside Lucata’s graph analytics-optimized superserver
The field of graph analytics was virtually unknown outside of the academic realm just a few years ago, but all that has changed with the market’s insatiable hunger for all things big data. The top two companies in the graph database market – Neo4j Inc. and TigerGraph Inc. — have collectively raised more than $760 ...
CData bags $140M from a single investor to expand its cloud data connectivity scope
CData Software Inc., a seven-year-old firm that specializes in connecting data from multiple sources, today announced a new $140 million funding round. The Series B round brings its total funding to $160 million, all from a single investor, Updata Management LLC. Chapel Hill, North Carolina-based CData addresses a problem that is growing as businesses seek ...