Maria Deutscher
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Database maker Couchbase reportedly files for IPO with eye to $3B valuation
Couchbase Inc., the maker of the popular NoSQL database of the same name, reportedly has filed confidential paperwork for an initial public offering that could value it at as much as $3 billion. That’s according to a report today from Reuters, which attributed the information to multiple sources. Another detail shared by the sources: Couchbase ...
Facebook aims to advance machine learning with two new video AI projects
Facebook Inc. today shared details about two internal artificial intelligence projects, Learning from Videos and TimeSformer, that are aimed at facilitating the development of more powerful machine learning models. With Learning from Videos, the first project, the company will train the machine learning systems powering its social network on clips uploaded by users. Facebook relies ...
Automation Anywhere rebrands its RPA platform as Automation 360
Automation Anywhere Inc. this morning introduced an updated version of its robotic process automation platform under a new brand: Automation 360. Additionally, the company said that the IQ Bot and Workbench modules of the platform have been enhanced to streamline the task of automating manual business processes. San Jose, California-based Automation Anywhere is a major ...
ServiceNow debuts new low-code app studio and AI features
ServiceNow Inc. today introduced new tools that will enable users to write custom apps without coding and find information they need for their work faster using artificial intelligence. The features are rolling out as part of the latest release of ServiceNow’s namesake cloud platform. The platform is used by companies to manage the parts of ...
WANdisco teams up with Snowflake to bring enterprises’ Hadoop data into the cloud
WANdisco PLC and Snowflake Inc. today said that they’re joining forces to help enterprises move information from their on-premises Hadoop clusters into Snowflake’s cloud data warehouse. Publicly traded WANdisco develops data management products. Last year, it launched a tool called LiveData Migrator that’s specifically geared toward moving information from in-house Hadoop deployments to the public ...
After blockbuster direct listing, gaming company Roblox now worth $45B+
Roblox Corp. floated on the New York Stock Exchange today through a direct listing and closed its first day of trading at $69.5 per share, giving the company a fully diluted market capitalization of more than $45 billion. The company’s strong debut could send an encouraging signal for other tech firms considering to go public ...
Code security startup Snyk boosts valuation to $4.7B with latest $300M round
Snyk Ltd., the maker of a popular code security tool used by more than 2 million developers, has landed a $300 million funding round at a $4.7 billion valuation. Disclosed today, the funding included contributions from the venture arms of three major tech industry players: Alphabet Inc., Salesforce.com Inc. and Atlassian Corp. PLC. They were ...
Hybrid cloud security specialist Securonix raises $24M
Securonix Inc. today said that it has raised $24 million in funding to widen the adoption of its hybrid cloud security platform, which blends features from multiple product categories to help enterprises fend off cyberattacks more effectively. The funding was provided by Capital One Financial Corp.’s Capital One Ventures. The fund’s previous investments include Snowflake ...
Privacera lands $50M Insight-led round for its cross-cloud data governance platform
A group of prominent investors have provided Privacera Inc. with $50 million in fresh funding to boost the growth of the startup’s data governance platform, which helps enterprises manage employee access to sensitive information. Fremont, California-based Privacera disclosed the investment today. Insight Partners led the round with participation from Sapphire Ventures, Battery Ventures, Accel, Cervin ...
Enterprise automation startup WorkFusion reels in $220M funding round
WorkFusion Inc., a startup helping enterprises automate manual business tasks such as onboarding new customers, today said that it has secured a $220 million late-stage funding round led by investment firm Georgian. The startup has raised more than $300 million to date. WorkFusion provides a software platform that streamlines manual processes using an approach it ...