After 14 years, it’s hard to keep calling Egnyte a startup. It’s more a wily veteran private company with steady growth, one that might have taken 12 years to reach $100 million in ARR, but took just two more to reach $150 million. It could surpass $200 million this year, and Egnyte CEO and co-founder
Enterprise
Data quality — the practice of testing and ensuring that the data and data sets you are using are what you expect them to be — has become a key component in the world of data science. Data may be the “new oil”; but if it’s too crude, you may not be able to use
When Docker announced it was selling Docker Enterprise in 2019, it was a big surprise to industry watchers. Perhaps an even bigger surprise was that the buyer was Mirantis, a company best known for commercializing the OpenStack project. After the sale, Docker pivoted to a developer-focused company and reported last week it had $50 million
To get a roundup of TechCrunch’s biggest and most important stories delivered to your inbox every day at 3 p.m. PST, subscribe here. Hello and welcome to Daily Crunch for Wednesday, February 9, 2022! I just got a look at the initial run-of-show for Early Stage in April, and it looks wicked good. Also, I’m
Census, a startup building a data layer between business operations and a company’s data warehouse, confirmed an Axios story from earlier this week that it has raised a $60 million Series B on a valuation of $630 million. CEO Boris Jabes said that from the start he wanted to build something that would allow mostly
But increasing regulatory hurdles await Ron Miller 8 hours It’s easy to forget that Microsoft used to stumble from time to time, especially when you look at its gaudy $2 trillion market cap today. Around 2010, four years before Satya Nadella would succeed Steve Ballmer as CEO, the company pretty much completely missed the mobile
Startups do not have a great survival rate. Nine out of ten will fail, and those that persist will likely need at least three to four years to become profitable. Entrepreneurs who are fortunate enough to make it across the finish line of an exit often still find themselves running uphill: reorganizations and layoffs create
Product-led sales and growth were big buzzwords last year, and startups are continuing to raise new infusions of capital as they develop their approaches. In Endgame’s case, the company announced Tuesday it closed on $30 million in Series B funding. The company touts itself as “the world’s first product-led sales platform” and enables software companies
Gary Little Contributor Prior to becoming CEO of Foursquare, Gary was MD of Raine, leading the technology practice with a focus on advisory assignments and principal investments in consumer internet, enterprise software and emerging technology. In the current environment, businesses are now tasked with balancing the push toward recovery and developing the agility required to
There’s no denying the growth of healthtech globally over the past three years thanks to the pandemic. The event has accelerated the use of telemedicine, virtual care, and drug delivery, thus fuelling investor interest in the sector. Investment has also trickled down to Africa, with large checks going into growth-stage startups. Lagos- and Texas-based digital
When Vincent Jiang was working as a software developer, his daily job was to build tables for financial analysts so they could create financial reports on trading strategies. He thought that in some cases, the analysts could do that themselves rather than relying heavily on the engineering workforce — they just needed the right tools
Digibee, a low-code integration platform is doing what all low-code integration platforms are apparently doing right now: raising funding. The company today announced that it has raised a $25 million Series A round led by SoftBank Latin America Fund. Brazil-based Kinea and G2D Investments also participated in this round. Launched in 2017, Digibee makes it
Traditionally, companies hold in-person sales kickoffs (SKOs) in January and February to network, educate sales teams about new products and devise strategies for the year ahead. These days, the convention centers and hotel ballrooms that once hosted those events are dark and quiet. Even though most employees are vaccinated, companies are still reluctant to send
It’s kind of a broken record at this point, but the cloud infrastructure market continues to grow at an astonishing rate. Over the last year, it added almost $50 billion in business, growing from $129 billion in 2020 to $178 billion last year, according to Synergy Research data. Canalys reports similar numbers. As for the
Convenience stores are typically places people run into while gassing up or if they need a quick snack, but when the global pandemic hit and no one wanted to go indoors with others, some could not survive. That was the case with Adit Gupta’s parents, who owned a convenience store in New Jersey that began
Alon Alroy Contributor Alon Alroy is the co-founder, CMO and CCO of Bizzabo, an event technology platform for hybrid, virtual and in-person events. We’ve been living in a world required to pivot from business-as-usual in person to Zoom meetings, and now to a mix of both. Many companies are continuing to consider various strategies to
Google today announced a new version of Workspace, the company’s productivity service that you probably still refer to as G Suite. With the new — and free — Google Workspace Essentials plan, Google wants to bring more business users onto the platform by offering them the basic Workspace productivity tools — with the exception of
More than 80% of the world’s workforce, some 2.7 billion people, do not spend their days in front of computers, and that has led to a strong disparity when it comes to technology, with some 1% of IT investment targeting them as users. That’s been changing very rapidly with the rise of smartphones and apps,
Google’s public cloud has been chasing competing services from Amazon and Microsoft for so long, you might think it would be getting winded. But the critical Alphabet division keeps on keeping on, yesterday reporting revenues of more than $5.5 billion for the fourth quarter. That was the good news. The bad news was that Google
Traditionally, a data lake was a place to store amorphous unstructured data, while a data warehouse was where you put very structured data like credit card information. That began changing in recent years as companies saw a need to merge the two concepts and the lakehouse idea — combining the power of the data lake
As more companies become software companies, what is being created still needs to align with business objectives. Jellyfish believes this can be done by giving software engineering leaders the data and insights they need to do that. “The way that engineering teams are led, managed and tied to the business is still the same as
It’s not a secret that the restaurant industry was a late adopter of technology, a move that unfortunately left many restaurants unprepared when online ordering and delivery became the norm during the global pandemic. Those that did embrace delivery found out quickly that the fees tacked on by food delivery companies were difficult to maintain
Netlify, the well-funded company that, in many ways, started the Jamstack movement, today announced that it has acquired Quirrel, an open-source service for managing and executing serverless functions. Founded by Simon Knott, who is also the maintainer of the popular Blitz.js React framework, Quirrel never raised any outside funding before the acquisition, which quietly happened
Private equity firms Vista Equity Partners and Evergreen Coast Capital have finally found a suitable match for Tibco: the firms will buy Citrix for $16.5 billion. The deal, which represents a roughly 30% premium on Citrix’s value, aims to combine the two companies to create a legacy enterprise tech powerhouse. But will the combination produce
Hello and welcome to Daily Crunch for Monday, January 31! We’re putting a bow on the first month of the year today, but that doesn’t mean we’re looking back. Not at all. First, news is popping off like firecrackers. And, we’re looking ahead because we’re doing a lot of really fun live podcasting this year.
Deepnote, a startup that is building a data science platform on top of Jupyter-compatible notebooks, today announced that it has raised a $20 million Series A round co-led by Index Ventures and Accel, both of which also participated in its 2020 seed round. Existing investors Y Combinator and Credo Ventures also participated in this round.
Four months after a seed round, Ascend is back with its first big boost to enable the company to expand its “buy now, pay later” commercial insurance tool that combines financing, collections and payables. Today, the company announced $30 million in Series A funding along with $250 million in lending to finance insurance premium loans
When you go to events, conferences and trade shows and it works out well in terms of driving tons of leads and opportunities, it is a good experience. However, when the events don’t work out so well, that can be risky in terms of wasting time and money. Two former Shutterstock execs, Alex Reynolds and
We are continuing to see fallout from the Covid-19 pandemic and its impact on the tech industry, with one of the latest developments coming out from France. Sigfox — a high-profile IoT startup that had raised over $300 million in venture funding and had ambitions to build a global communications network using a new approach
Sidharth Kakkar knows all about the pain of relying on a giant spreadsheet. While building his previous company, Freckle Education, it got to the point where the master spreadsheet full of data that everyone was using would not load anymore or would crash the computer. His company eventually was bought, but that pain point stuck
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