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Big Data

Alation receives $110 million in funding, resulting in hefty $1.2 billion valuation

By Alice Gillin Jun 10, 2021

Alation Inc., a company specializing in enterprise data intelligence, recently received funding for $110 million, boosting its market valuation to $1.2 billion. Founded in 2012, Alation jumped into the data intelligence game early, recognizing…

Cloud

Cloud project management provider Monday.com closes up 15% after IPO raises $574M

By Maria Deutscher Jun 10, 2021

Shares of Monday.com Ltd. rose more than 15% in their trading debut on the Nasdaq today, following an initial public offering that surpassed expectations and raised $574 million. The company is now worth nearly…

Apps

Klarna boosts valuation to $45.6B with fresh $639M funding round

By Maria Deutscher Jun 10, 2021

Confirming recent reports, financial technology startup Klarna Bank AB today announced that it has raised $639 million from a group of investors led by SoftBank Group Corp.’s Vision Fund 2. The round boosts the…

Cloud

Kubernetes troubleshooting startup Komodor launches with $25M in funding

By Maria Deutscher Jun 10, 2021

Startup Komodor Ltd., whose technology enables developers to fix issues in their companies’ software container environments faster, today launched from stealth mode and marked the milestone by revealing that it has closed a $25…

Infra

Cisco DNA Center update brings more AI to improve network operations

By Mike Wheatley Jun 10, 2021

Cisco Systems Inc. is pushing out an update to its DNA Center and it’s a fairly big one that introduces a host of new capabilities to help to improve network performance, speed up adoption…

Cloud

Lightbend’s Akka Serverless enables stateful app development without a database

By Mike Wheatley Jun 10, 2021

A startup called Lightbend Inc. is trying to get around the limitations of the serverless computing model that often prevent its adoption for more complex, data-hungry applications. The company today announced a new, open-source…

Cloud

VMware extends zero-trust security options to its global points of presence

By Paul Gillin Jun 10, 2021

VMware Inc. is extending its offerings in the white-hot Secure Access Service Edge arena to the farthest reaches of corporate networks with the announcement of new support for edge devices delivered across a constellation…

Security

Government platform provider iConstituent struck by ransomware attack

By Duncan Riley Jun 9, 2021

Engagement platform iConstituent LLC, used by senators, congresspeople, state and local officials to automate and streamline communication with their constituents, has been struck by a ransomware attack. The exact form of ransomware and how…

Cloud

Organizational management platform startup ChartHop raises $35M for platform expansion

By Duncan Riley Jun 9, 2021

Organizational management platform startup ChartHop Inc. announced today it has raised $35 million in new funding to continue its expansion through product enhancements, investments in service and support, and growth in go-to-market capabilities. The Series B round…

Security

Meat processing company JBS paid $11M to settle REvil ransomware attack

By Duncan Riley Jun 9, 2021

Another day and another company has paid a ransom following an attack, a concession that likely will encourage ransomware gangs to target even more companies. Today’s news involves global meat processing company JBS S.A.…

explore news

Cloud project management provider Monday.com closes up 15% after IPO raises $574M

Klarna boosts valuation to $45.6B with fresh $639M funding round

Kubernetes troubleshooting startup Komodor launches with $25M in funding

Cisco DNA Center update brings more AI to improve network operations

Lightbend’s Akka Serverless enables stateful app development without a database

VMware extends zero-trust security options to its global points of presence

Government platform provider iConstituent struck by ransomware attack

Meat processing company JBS paid $11M to settle REvil ransomware attack

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