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Security

AI-powered SaaS data protection startup Spin Technology raises $16M

By Duncan Riley Aug 9, 2022

Artificial intelligence-powered software-as-a-service data protection startup Spin Technology Inc. has raised $16 million in new funding to accelerate growth, expand its SaaS coverage and increase its headcount. Blueprint Equity led the Series A round,…

Cloud

Complicated rivalry between Snowflake and Databricks spotlights key trends in enterprise computing

By Mark Albertson Aug 8, 2022

There have been legendary rivalries among tech companies over decades: Amazon versus Microsoft and Google in cloud, Salesforce versus Oracle and SAP, Twitch versus YouTube, Tesla versus the tech divisions of an entire automotive…

Cloud

Inside the rush to build ‘superclouds’

By Paul Gillin Aug 8, 2022

Liberty Mutual Insurance Co. is in the midst of a massive cloud migration that will affect more than 40,000 systems and applications across the globe running on everything from Windows servers to mainframes. The…

Cloud

DigitalOcean delivers a profit that tops Wall Street’s expectations

By Mike Wheatley Aug 8, 2022

Developer cloud infrastructure provider DigitalOcean Holdings Inc. delivered mixed second-quarter financial results today, beating expectations on profit but just missing out on sales. Guidance for the next quarter was more or less in-line with…

Cloud

Data integration startup Equalum raises $14M to support growth

By Duncan Riley Aug 8, 2022

Data integration startup Equalum Ltd. said today it has raised $14 million in new funding to support international growth, product development and demand from organizations developing new processes or transforming old ones in the cloud.…

Cloud

Vista Equity Partners to acquire tax compliance software maker Avalara for $8.4B

By Maria Deutscher Aug 8, 2022

Avalara Inc., a major provider of tax compliance software for businesses, today announced that it has agreed to be acquired by Vista Equity Partners in an $8.4 billion deal. The announcement comes about a…

Cloud

PlanetScale takes MySQL to the next level with cloud-native capabilities and improved scalability

By Alice Gillin Aug 8, 2022

Since its release more than 25 years ago, MySQL has become one of the standards for database management, with its diverse compatibility and scalability making it popular with websites, especially eCommerce sites. Even with…

Infra

Nvidia’s preliminary second-quarter revenue misses guidance

By Maria Deutscher Aug 8, 2022

Nvidia Corp. today reported preliminary financial results for the second quarter, disclosing that it expects revenue and gross margins to fall short of its previously provided guidance. Nvidia in May projected revenue of $8.1…

Security

Deepfence aims to speed up development and increase security

By Henrietta Vogt Aug 8, 2022

Securing vulnerabilities in code is an undertaking that requires community effort to carry out. Could an open-source program that checks for vulnerabilities be the answer? Ensuring a cloud application is secure is a time-consuming…

Cloud

Inside Aserto’s authorization-as-a-service model for identity management

By Teryn O'Brien Aug 8, 2022

Identity security and management is a critical need for enterprises with the cloud-native space. While there’s plenty of solutions on the market, Aserto Inc. is helping to solve a unique problem with its authorization-as-a-service model. “[Larger…

the latest

Complicated rivalry between Snowflake and Databricks spotlights key trends in enterprise computing

DigitalOcean delivers a profit that tops Wall Street’s expectations

Vista Equity Partners to acquire tax compliance software maker Avalara for $8.4B

Nvidia’s preliminary second-quarter revenue misses guidance

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