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AWS catapulted Amazon into a breakout 2016 on Wall Street
You could argue that 2016 was the breakout year for Amazon’s cloud computing service, AWS — and Wall Street knows that an even bigger wave is coming next year. Amazon’s retail business continues to grow, and chug along, and gobble up share from offline commerce and other companies desperately trying to up their e-commerce game. And that’s all fine and good —… Read More
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Xplenty raises another $4 million to help you integrate all your data
The internet has changed a lot over the last two decades, but many companies are still using legacy technologies to extract, transform and load their data into warehouses. One new entrant, Xplenty, is hoping that its fresh approach, prioritizing cloud services, will provide a solid foothold in the massive market for data integration tools. Having grown to serve over 100 customers, Xplenty… Read More
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Backtrace, a debugging startup led by former AppNexus engineers, raises $5M
Debugging startup Backtrace I/O was launched to solve a real problem that its founders faced when they were engineers at adtech company AppNexus — at least according to Backtrace CEO and co-founder Abel Mathew. Mathew told me Backtrace aims to “solve the process of debugging,” something that most companies tackle by “cobbling together very old, outdated solutions”… Read More
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Enterprise social comes roaring back
You’ll be forgiven if you missed it, but lost in the avalanche of this year’s tech news, enterprise social software made an impressive comeback. Led by products like Slack, Workplace by Facebook and Microsoft Teams, a software category that had been languishing for the last several years, suddenly came alive. A decade ago, as social software emerged, it was coined Enterprise 2.0… Read More
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Oracle senior staffer resigns after CEO joins Trump transition team
A senior staff member of Oracle Corp., George A. Polisner, has resigned after the enterprise tech titan’s co-CEO, Safra Catz, joined the Trump transition team and stated her enthusiasm for the president-elect. As we reported last week, Trump recently convened a meeting of tech leaders and his children at Trump Tower in New York. Prior to the meeting Catz issued a public statement… Read More
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Personalization company Dynamic Yield raises $22M and adds Baidu as an investor
Dynamic Yield, a company offering tools to help online businesses deliver personalized experiences, has raised $22 million in series C funding. CEO Liad Agmon told me that he started Dynamic Yield (in 2011) because even existing personalization tools tended to be “point solutions for solving tactical problems.” With Dynamic Yield, on the other hand, Agmon wanted to deliver a… Read More
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LaunchDarkly gets $8.7M to get access to the right features in front of right users
LaunchDarkly originally launched to nail a big pain point for developers that has been a luxury at larger companies for a while — soft-launching features and new code for a small set of users seamlessly and being able to quickly roll them back. But since the company launched and last raised $2.6 million in June, CEO Edith Harbaugh and the team have found a new audience for that: the… Read More
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Google.org donates $30 million to help nonprofits buy the tech they need
Google.org is donating $30 million to non-profits this holiday so that they can buy any tech and related services that they need including hardware, software, training and IT maintenance or repair services. Earlier this month, reports leaked that Google had donated money earmarked for employees’ Christmas gifts to charity instead this year. It’s true that the company made… Read More
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eSUB Construction Software raises $5 million to help subcontractors track jobs and get paid
A San Diego startup called eSUB Construction Software has raised $5 million in a Series A round led by Revolution Ventures according to President and CEO Wendy Rogers. The company’s cloud-based project management apps help subcontractors track and get compensated for all the work they do on construction jobs. Rogers said, “There’s a saying that subcontractors get paid for… Read More
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A stealthy startup called Cerebras raised around $25 million to build deep learning hardware
Benchmark is doing another big investment before the end of the year, and this time it’s in a hardware startup called Cerebras Systems. From what we hear from sources, the round (which we heard others were participating in) is somewhere around $25 million, though it could be as high as $30 million. Details on the company are extremely sparse — we can’t even really find… Read More
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Managed By Q lands $30 million in Series C funding
Managed By Q, a service that automates office management, has raised $30 million in Series C funding, according to SEC filings. Managed By Q started off as a NY-based platform that let office administrators more efficiently deal with the tedious housekeeping of an office, from cleanings to supplies to IT to handy work, all from the web. From there, office managers and admins can schedule… Read More
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Videopath’s platform adds crucial context to video — could it fight fake news?
Part of the reason so-called ‘fake news’ videos can spread so virally is that there is very rarely any supporting information attached to the video. Further links and verified sources just don’t get attached, either because there is no way of adding that to the video or the maker and/or the sharer just don’t bother. So a ton of video comes out that has no clear sources… Read More
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Omnity search engine finds documents relevant to yours — regardless of language
With the amount of published research, patents, white papers and other written knowledge out there, it’s hard to be even reasonably sure you’re aware of the goings-on around a certain topic or field. Omnity is a search engine made to make it easier by extracting the gist of documents you give it and finding related ones from a library of millions — and now supports over a… Read More
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Docker open sources critical infrastructure component
Docker announced today that it was open sourcing containerd (pronounced Container D), making a key infrastructure piece of its container platform available for anyone to work on. Containerd, which acts as the core container runtime engine, is a component within Docker that provides “users with an open, stable and extensible base for building non-Docker products and container… Read More
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Conversica lands $34 million Series B to build intelligent sales assistants
After a potential customer has first contact with a business, sales gets in gear, often responding with an introductory email. Conversica has developed an artificial intelligence system designed to automate these early contact emails, and pass it off to a human salesperson when the time is right. Today, it announced a $34 million investment. The round was led by Providence Strategic Growth. Read More
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Splash transitions to B2B event marketing with $7M in new funding
Splash, the event marketing platform based out of New York, has just announced the close of a $7 million Series B funding round led by Ascent Venture Partners, with participation from Spark Capital, Lerer Hippeau Ventures, ScaleUP Ventures, Tumblr founder David Karp, and Vine cofounder Rus Yusupov. Alongside the investment comes a new business plan for Splash in the enterprise. Up until… Read More
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Symphony, the messaging app backed by Wall St, is raising at a $1B+ valuation
Symphony, a secure messaging service backed and used by 14 of the biggest banks on Wall Street, is raising up to $200 million in a new round of funding with a pre-money valuation over $1 billion, TechCrunch has learned. The funding will come from existing investors, along with a new backer, the government of Singapore via its investment arm (which includes Temasek and GIC). Symphony has… Read More
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Slack swipes at Skype with video calls and reaction emoji
Slack, the workplace collaboration platform with 1.25 million paying users and 4 million overall, is adding one more key feature to its artillery of tools for people to communicate with each other, and it’s one that could help it pick up even more users away from other services like Skype and Gmail: it’s adding video calling, the audiovisual complement to the audio chat… Read More
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Salesforce LiveMessage brings messaging to Service Cloud
As more and more people use SMS and messaging apps like Facebook Messenger to interact with friends, it’s only logical that they want to interact with business that way too — and today Salesforce launched LiveMessage, a tool that helps customer service reps manage messaging traffic just like any customer interactions in Service Cloud. For starters, it supports SMS/MMS and… Read More
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