Paul Gillin
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Newcomer Katana Graph raises $28.5M as graph database fever intensifies
Katana Graph Inc., developer of a platform that analyzes large unstructured data sets using high-performance graph algorithms, announced today that it has raised $28.5 million in a new round of funding. The Series A financing, led by Intel Capital, will go toward challenging some well-heeled competitors in the hot graph database market. Katana’s engine, which ...
Cloud misconfiguration still a big security problem, report finds
New research by infrastructure-as-code provider Accurics Inc. has found that poorly configured and managed cloud services – mostly resulting from the use of default security profiles or overly permissive configurations – continue to threaten the security of cloud development projects. The research indicates that the misconfiguration issues that created headlines two years ago following numerous ...
Low-code platform maker OutSystems reels in $150M for a nearly $10B valuation
OutSystems Inc., the maker of a low-code software development platform, said today it has raised a $150 million late-stage funding round from an assortment of investors, giving it a total valuation of $9.5 billion and more than $570 million in total financing. The Series E funding and the heady valuation testify to the surging interest ...
Databricks cozies up to Google Cloud with BigQuery integration and first-ever container support
Data analytics unicorn Databricks Inc. and Google LLC’s cloud today unit announced a partnership that will integrate Databricks’ distributed query platform with Google’s BigQuery data warehouse. The partnership will leverage the Google Kubernetes Engine to enable Databricks to work in a containerized cloud environment for the first time. Databricks users will be able to create a ...
TigerGraph lands $105M as cloud analytics feeding frenzy continues
Providing further evidence of businesses’ growing interest in the unique strengths of graph database technology, TigerGraph Inc. today announced it has raised $105 million in new funding, calling the event the largest single funding round ever in its market. With this Series C funding, TigerGraph has now raised nearly $170 million, putting it just a ...
Spurred by COVID, low-code market enters hypergrowth, says Gartner
The worldwide market for low-code development tools will grow nearly 23% this year, to $13.8 billion, driven in part by a surge in do-it-yourself projects initiated in response to the COVID-19 pandemic. That’s according to Gartner Inc. research released today, which also says a similar growth rate will propel the market to nearly $17 billion ...
Labelbox raises $40M to automate data labeling in AI model development
Labelbox Inc., which makes software that speeds the labeling of training data in machine and deep learning applications, today said it closed a $40 million Series C funding round, bringing its total funding to $79 million. The company declined to release its estimated valuation. Founded in 2018, Labelbox addresses the time-consuming chore of labeling data ...
VMware and Accenture team up on app modernization venture
Accenture Plc and VMware Inc. today said they’re expanding a partnership and launching a new business group focused on accelerating cloud migration to the cloud, modernizing applications and using the cloud as a foundation for new business models. The Accenture VMware Business Group will receive a multimillion-dollar investment from the two companies and employ a ...
Dynatrace fortifies security and automation for cloud-native development
Application performance management company Dynatrace Inc. is already enhancing the Application Security Module it released only in December. Improvements announced today include extending Dynatrace’s machine learning-based risk assessment for applications running on Node.js, which is a popular runtime environment for programs written in JavaScript. Dynatrace is also extending automatic software vulnerability detection in environments managed ...
CYE raises $100M to help spot and close enterprise cybersecurity gaps
Israeli cybersecurity firm CYE Ltd. announced today it has raised $100 million in new financing to expand its business, which combines technology and “white hat” hacking to help enterprises identify their most serious vulnerabilities. The 80-person company uses algorithms and graph modeling to conduct a full assessment of a customer’s cybersecurity landscape by launching attacks conducted ...