Paul Gillin
Latest from Paul Gillin
Stellate raises $25M to build a global CDN network based on GraphQL
GraphCDN Inc. today announced that it has raised a $25 million Series A funding round and is changing its name to Stellate Inc., a word meaning star-shaped. The series A round brings the total the company has raised to $30 million. The new funding comes from Tiger Global Management LLC following a seed round led by ...
Software AG set to raise growth targets, CEO says
As he nears the four-year anniversary of his appointment as chief executive of Software AG, Sanjay Brahmawar is spending little time looking back at his accomplishments. There’s a new five-year plan to prepare. It has been an eventful six months for the 53-year-old company that, until the arrival of Brahmawar (pictured), was known mainly for ...
FEATURE
CIOs welcome users’ bid for more IT budget control – mostly
When Richard Wiedenbeck became chief information officer of Ameritas Life Insurance Corp. 12 years ago, he encountered a siloed business structure in which each business unit fulfilled its own information technology needs. “IT was treated as back-office order-taking operation to an unhealthy level,” he said. “Businesspeople were making software application and design decisions who had ...
Element brings semantic data platform to Azure Digital Twin cloud service
Element Analytics Inc., maker of a semantic data platform for use in industrial settings, today announced the availability of its Unify data management platform on Microsoft Corp.’s Azure Digital Twins cloud service. A digital twin is a software rendering of a physical asset that matches the characteristics exactly for the purpose of running simulations, testing ...
Snowflake shares tumble as growth slows
Shares of once-high-flying software unicorn Snowflake Inc. are finally falling to earth. The stock price of the cloud data warehousing provider fell nearly 14% after-hours today on a weaker-than-expected full-year forecast amid signs of a slowdown in spending by large enterprise customers. The quarterly numbers weren’t bad overall. Losses narrowed in its fiscal first quarter ...
Buildots raises $60M Series C funding in red-hot construction software market
Buildots Ltd., the developer of a construction management application, said it has raised $60 million in a Series C venture capital round, bringing its total funding to $106 million. The Tel Aviv-based firm’s software collects data from cameras mounted on hardhats and compares it to schedule information to flag mistakes in real-time. Founded in 2018 ...
CIQ raises $26M to promote free alternative to Red Hat Linux
Ctrl IQ Inc., which does business as CIQ, said today it has raised a $26 million early-stage funding round to advance an alternative to Red Hat Inc.’s Enterprise Linux operating system. The Series A infusion brings the company’s total financing to $33 million and its valuation to $150 million, according to co-founder Gregory Kurtzer. CIQ ...
Red Hat rollout parade led by Enterprise Linux 9
Red Hat Inc. is kicking off its Red Hat Summit conference in Boston today with a sweeping set of announcements anchored by version nine of its flagship Red Hat Enterprise Linux operating system. Red Hat Enterprise Linux 9 is the first production release to be built on CentOS Stream, a continuously delivered Linux distribution that ...
Telus International CEO says tech stock slide is detached from reality
Telus International Inc. today reported its fourth positive earnings surprise in the past four quarters on 19% year-over-year revenue growth, substantially higher earnings and a forecast of continued double-digit revenue gains for the year with healthy profitability. But while the company stock bounced 4% higher on the news, its shares are still down more than ...
Salesforce.com tightens integrations with acquired products
Looking to wring more synergies out of its recent acquisitions, Salesforce.com Inc. today used its TrailblazerDX 2022 developer conference to introduce new integrations between its core customer relationship management system and the Slack collaboration and Tableau data visualization platforms. Salesforce.com’s MuleSoft subsidiary also expanded its feature for managing application program interfaces. Integration with Slack, which ...