In the brave new enterprise world, organizations will be awash in big data, and it’s against this backdrop that Dell bought EMC this week for the astonishing sum of $67 billion. All of this data needs to be stored somewhere and that’s where EMC comes in. Dell already has been selling storage of course. In fact, it bought EqualLogic in 2007 for $1.4 billion, which seemed like a… Read More
PubNub, the startup that has built a data network that carries messaging for apps, IoT hardware and other low-latency services, is today announcing that it has extended and closed its Series C round. The San Francisco-based company has raised $25 million, funding that it will use to sharpen its focus on Internet of Things applications and hardware as well as clean energy and social… Read More
Kabbage — the online platform that loans money to businesses and individuals using a wide set of online data and algorithms to measure credit-worthiness — is growing once more. The startup based out of Atlanta has raised a Series E of $135 million, and expanded its credit facility — the money it has on hand to fulfil loans — to $900 million.
Kabbage is not… Read More
As on-demand businesses like Uber and Instacart grow quickly, so too do the B2B startups that service their wider ecosystem. In the latest development, TechCrunch has learned and confirmed with several sources that Checkr — which runs background checks and vets potential hires by way of an API for the likes of Uber, Instacart and Handy, and other fast-growing startups like Zenefits… Read More
In a discussion with TechCrunch last week, Ping Identity CEO Andre Durand and CFO Michael Sullivan detailed the company’s financial performance, including its forward projections.
The company, known for its identity management, multi-factor authentication and single sign-on tools also noted that it has seen growth in revenue share from newer products, and that it has… Read More
Today following the bell, Intel reported its third-quarter financial performance, including revenue of $14.5 billion and earnings per share of $0.64. Following its earnings beat, shares in the chip giant initially rose.
Analysts had expected Intel to report a $0.59 per-share profit, off revenue of $14.2 billion. Those expectations represented a 10.6 percent decline and a 2.3 percent fall… Read More
It has never been easier for customers to buy software. A couple of clicks or taps, depending on your device of choice, and you can be up and running with even the most sophisticated enterprise business applications. The result of all of those fast, easy transactions is impressive: According to Goldman Sachs, SaaS revenue is predicted to reach $106 billion in 2016, a 21 percent increase… Read More
Israel has become known for its security startups, and Scalock, a company that wants to secure the burgeoning container space, announced a $4 million Series A round today.
The funding was provided by Israel venture capitalists TLV partners, a new fund launched earlier this year by veterans of the Israeli VC scene, Rona Segev and Eitan Bek.
The company is run by two security industry… Read More