SaaS enterprise solutions provider Atlassian Pty. Ltd. has acquired real-time chat and messaging provider Hall Inc. for an undisclosed price. Founded in 2011 originally as Companyline, Hall offers a platform that is said to help teams and companies communicate in real-time. The company offered what it described as an all-in-one unified communications app that prvided ...

Work management and collaboration platform provider Wrike has raised $15 million Series B in a round led by Scale Venture Partners (ScaleVP) that included DCM Ventures and previous investor Bain Capital Ventures. As part of the deal, ScaleVP Partner Rory O’Driscoll has joined Wrike’s Board of Directors. Founded in 2007, Wrike offers a software as a ...

When anonymous messaging app Secret shut its doors last week, one aspect of the story that stood out was that the two founders of the startup had cashed out $6 million in shares prior to its closure, with one founder, Secret Chief Executive Officer David Byttow, having used part of his share to purchase a Ferrari. ...

SunGard Data Systems Inc. is said to be preparing for an initial public offering (IPO) according to multiple reports Tuesday. Reuters reported that JPMorgan Chase & Co, Goldman Sachs, Deutsche Bank, Barclays and Credit Suisse has been appointed to lead the IPO, although the company is said to be open to a sale as an alternative to ...

Shares in Salesforce.com Inc. surged Tuesday after a report emerged that Microsoft Corp. might be interested in the software as a service (SaaS) CRM firm. Bloomberg claimed that “people with knowledge of the matter” say that the Redmond, Washington, based tech giant is currently evaluating a bid to buy Salesforce, after reports emerged late April that ...

Linux distribution provider CoreOS, Inc. has taken the battle for a Linux container standard in a new direction by spinning off its App Container Spec (appc) project into a separate foundation. CoreOS launched its own App Container back in 2014 in what was described by some as the beginning of “the container wars” after it ...

Cloud communications company Twilio Inc., has raised $100 million Series E on a valuation of $1.1 billion, making the company a newly born baby unicorn. Details of the investors were not available, but the round was discovered in a filing dated April 24 which authorized the sale of 8,841,730 new shares at an issue price of ...

Foursquare Inc. has undertaken a backflip worthy of an Olympic gold medal and has decided to reintroduce badges and mayorships to its Swarm app. The original Foursquare app (now represented by the Swarm app) was a geolocation check-in service that was part knowing where your friends were, but part games as well. Users earned badges ...

Mark Zuckerberg and the friendly team at Facebook Inc., like nothing more than screwing with news feeds to better make money, but for once they might actually be giving some power back to users. A new test being undertaken by the social networking giant is said to allow Facebook users to pick particular friends and Pages that ...

Meerket, Inc. and Twitter, Inc.’s Periscope may find themselves at the end of legal action from HBO and Showtime after users flooded both services with illegal streams of the “Fight of the Century” on Saturday evening. The Pacquiao-Mayweather fight was only available in the United States via cable pay-per-view for a staggering $100, and no online ...