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Genesis Partners spins out $50 million fund, F2 Capital, to back early-stage startups in Israel
Three members of the senior investing team at Genesis Partners, a major Israeli venture firm, are stepping out with a new, early-stage fund of their own called F2 Capital. For the unfamiliar, Genesis Partners’ portfolio companies have been acquired by the likes of Apple, IBM, Microsoft and Sapiens over the past decade, and have gone public on the Nasdaq exchange in the U.S. as… Read More
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AWS Snowball Edge offers 100TB of storage and compute functionality
Amazon’s popular Snowball storage container got a major update today at the company’s re:invent conference. Though largely overshadowed by the new batshit crazy AWS Snowmobile, the aforementioned Snowball will be getting a storage increase to 100 terabytes in addition to computing functionality. Users of the new Snowball Edge will be able to perform basic analysis on their data… Read More
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Amazon will truck your massive piles of data to the cloud with an 18-wheeler
Meet AWS Snowmobile, a tractor-trailer for when your big data is just too damn big. The truck houses a container that can store up to 100 petabytes of data. Real-life data hoarders can contract Amazon to move exabytes of data to the cloud using the new tricked-out trucks. Snowmobile attaches directly to your data center with power and network fibre to move critical information to AWS… Read More
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AWS goes after Oracle with new PostgresSQL support in Aurora
There were a lot of jokes and comments at Oracle’s expense today at the AWS re:Invent conference, but perhaps the boldest statement came when AWS announced it was adding PostgresSQL support to the AWS Aurora database, making it easier to move an Oracle database to the AWS cloud. Even as Oracle makes its own move to the cloud, it is still held up as the prime example of the… Read More
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Google launches App Maker
Google today announced the launch of App Maker, the newest entry in the low-code, drag-and-drop app building market. Like its competitors from Microsoft and numerous startups, App Maker promises to make it easy for anybody to quickly develop basic apps that serve a very specific purpose inside an organization. The new service features a cloud-based drag-and-drop development environment that… Read More
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AWS gives developers larger instances to work with
Amazon kicked off its 2016 AWS re:Invent conference with a peppering of announcements regarding its EC2 instance roadmap. The company dropped an updated R4 instance, expanded T2 instances, and a new F1 instance. The F1 utilizes field-programmable gate arrays (FPGAs) to offer a solution that is faster than traditional CPU/GPU combinations for quick reprogramming. While those new instances… Read More
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AWS announces virtual private servers starting at $5 a month
AWS fired a shot across Digital Ocean’s bow this morning at the AWS re:Invent conference when it announced new virtual private servers starting at just $5 a month. The VPS service, called Lightsail, allows a customer to easily fire up a server in the cloud for a low price and hide the complexity of the underlying services being used. It’s been designed, according to AWS CEO Andy… Read More
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Amazon Web Services is rolling out a way to use just the GPU power you need
Amazon is rolling out a new tool for users of its Amazon Web Services that will allow them to essentially use just as much GPU power as necessary without using up a full cluster on Amazon’s EC2 instance types. That means companies can tap into just a sliver of GPU power, or a larger amount, on demand as they need it and pay for that amount. GPUs can run a ton of tasks in parallel and have… Read More
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Eric Schmidt-backed data science startup Civis Analytics raises $22M
Civis Analytics, a company founded by the chief analytics officer of Barack Obama’s 2012 re-election campaign, has raised $22 million in Series A funding. Founder and CEO Dan Wagner told me that after the election, he discovered that many organizations — whether they were in politics, government or business — were dealing with problems similar to the ones he faced during… Read More
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Soracom launches SIM cards and services easing IoT rollout cost
One of the challenges of Internet of Things is the poor availability and high price of mobile data. Twilio announced it was going to have a stab at changing that earlier this year. Today Soracom showed off its solutions to ease the pain of IoT adaptation across the industry. The company’s slightly byzantine pricing plans are optimized for a number of low-bandwidth, high uptime applications. Read More
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Synq launches a video API so you don’t have to build video delivery from scratch
Say you’re an app developer and you need to give your app users a way of uploading, storing and playing back video. Instead of having to build your own video content management system or licensing one of the existing ones, Synq offers developers a third option. The company is launching its “cloud video API for Developers,” service today, aiming to be a full video… Read More
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Crunch Network
How to estimate a company’s health without really trying
Within the past few months, NetSuite, Marketo, LinkedIn, FleetMatics and LogMeIn have each been acquired or merged for a combined value of more than $50 billion. At this rate, public SaaS companies may become an endangered species. Clearly, PE investors and larger technology companies sense opportunity and value. Read More
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Crunch Network
Mobile and enterprise are the keys to VR/AR scale
Though PC and console VR are the sexier formats we’re all excited about, is mobile where VR will really scale in the near term? This is a question I’ve been posing to investors and innovators. Read More
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Draper Nexus closes $175 million fund, LP’s include Panasonic, Canon and other Japanese tech giants
Early stage venture firm, Draper Nexus, has closed its second fund at $175 million, according to Managing Director Q Motiwala. Its debut fund closed in 2013, at $50 million. Limited partners in Draper Nexus are global tech conglomerates, primarily based in Japan. For its second fund, the firm signed up about 20 LP’s including Panasonic, Hitachi, Kyocera, Shimizu, NEC, Canon and others. Read More
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AWS drops its storage prices and launches new cold storage retrieval options
Amazon Web Services (AWS) today announced a significant price drop for some of its storage services. In addition, it is also launched a few new features for developers who want to use its Glacier cold storage service. The new prices that most developers will likely care about are those for S3, AWS’ main cloud storage service. Instead of six pricing tiers, S3 will now use three: 0-50 TB… Read More
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IBM expands its UK presence with 4 new data centers
IBM today announced that it is launching four new data centers in the U.K. This brings IBM’s total data center footprint in the U.K. to six, in addition to 16 other locations across Europe. This is yet another example of the company’s increasing infrastructure investment. The first of these new U.K. locations in Fareham will go online in December, with the other three U.K. Read More
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Astronomer connects your SaaS with other SaaS for a true in-saas-ception
Your SaaS is just out of control! You’re spending thousands or millions on products – a CRM system, a field operations app, a system to keep your life-like humanoid androids from killing park guests in your Wild West-themed adventure park – and none of these systems talk to each other, especially the ones that keep your robots from falling in love with the guests. What do… Read More
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Crunch Network
How data science and rocket science will get humans to Mars
President Obama recently re-affirmed America’s commitment to sending a manned mission to Mars. Think your data science challenges are complicated? Imagine the difficulties involved in mining data to understand the health impacts of a trip to Mars. When sending humans “where no one has gone before,” there are a multitude of variables to consider, and NASA is hard at work… Read More
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