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Cloud

Alphabet stock soars as strong ad and cloud sales spur big earnings beat

By Robert Hof Feb 1, 2022

Alphabet Inc. easily beat forecasts for fourth-quarter profit and revenue thanks to strong advertising and cloud computing sales, sending its shares up almost 9% in extended trading. The Google LLC parent reported a fourth-quarter…

Emerging Tech

GM’s Cruise autonomous vehicle unit raises $1.35B from SoftBank

By Maria Deutscher Feb 1, 2022

Cruise, the autonomous vehicle unit of General Motors Co., today announced that it has raised $1.35 billion in funding from SoftBank Group Corp.’s Vision Fund. The funding is part of a $2.25 billion investment…

Cloud

Chargebee raises $250M at $3.5B valuation for its subscription management platform

By Maria Deutscher Feb 1, 2022

Startup Chargebee Inc. is now worth $3.5 billion, more than double the valuation it received last April, after closing a $250 million funding round led by Tiger Global and Sequoia. Chargebee said in its…

Security

Google and Microsoft back new industry initiative to fix open-source vulnerabilities

By Maria Deutscher Feb 1, 2022

The Open Source Security Foundation, an industry group backed by some of the world’s largest tech firms, today launched a new initiative focused on finding and fixing vulnerabilities in open-source software. The initiative is…

Cloud

Database provider MariaDB to take the SPAC route to the public market

By Paul Gillin Feb 1, 2022

MariaDB Corp., which sells a commercial version of the open-source MariaDB database management system, will become a publicly traded company via a merger with Angel Pond Holdings Corp. in a transaction known as a…

Apps

Island launches ‘enterprise browser’ to improve security at work

By Kyt Dotson Feb 1, 2022

Dallas-based startup Island today emerged from stealth mode and unveiled a web browser designed to provide for the security needs of the enterprise while still retaining a familiar browsing experience. The company aptly calls…

Big Data

Next-gen market research platform GWI raises $180M in new funding

By Mike Wheatley Feb 1, 2022

Audience insights firm GWI said today it has closed on a bumper $180 million Series B funding round led by Permira’s growth fund, bringing its valuation to $850 million. GWI, incorporated as Trendstream Ltd.,…

Security

Biometric user authentication startup Passage launches with $4M in funding

By Duncan Riley Feb 1, 2022

Biometric user authentication startup Passage today launched out of stealth mode and announced that it has raised $4 million in new funding to help introduce its product to more developers. The round was led…

Cloud

Codefresh rolls out its Argo-powered flagship software delivery platform for DevOps

By Kyt Dotson Feb 1, 2022

DevOps platform developer Codefresh Inc. today announced the public release of its flagship Codefresh Software Delivery Platform, which is designed to provide scalable enterprise-class DevOps automation for code delivery. Codefresh’s platform is built on Argo,…

Security

TPG changes access management firm ThycoticCentrify’s name to Delinea

By Duncan Riley Feb 1, 2022

Privileged access management company ThycoticCentrify has dispensed with its awkward moniker, as owner TPG Capital today renamed it Delinea Inc. ThycoticCentrify dates back to the merger of Thycotic Software Ltd. and Centrify Corp. in April.…

all stories

GM’s Cruise autonomous vehicle unit raises $1.35B from SoftBank

Chargebee raises $250M at $3.5B valuation for its subscription management platform

Google and Microsoft back new industry initiative to fix open-source vulnerabilities

Database provider MariaDB to take the SPAC route to the public market

Island launches ‘enterprise browser’ to improve security at work

Next-gen market research platform GWI raises $180M in new funding

Biometric user authentication startup Passage launches with $4M in funding

TPG changes access management firm ThycoticCentrify’s name to Delinea

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