Enterprise

As companies create machine learning models, the operations team needs to ensure the data used for the model is of sufficient quality, a process that can be time consuming. BigEye (formerly Toro), an early stage startup is helping by automating data quality. Today the company announced a $17 million Series A led Sequoia Capital with

When Dell announced it was spinning out VMware yesterday, the move itself wasn’t surprising: there had been public speculation for some time. But Dell could have gone a number of ways in this deal, despite its choice to spin VMware out as a separate company with a constituent dividend instead of an outright sale. The

Tecton, the company that pioneered the notion of the machine learning feature store, has teamed up with the founder of the open source feature store project called Feast. Today the company announced the release of version 0.10 of the open source tool. The feature store is a concept that the Tecton founders came up with

Digital transformation has been one of the biggest catchphrases of the past year, with many an organization forced to reckon with aging IT, a lack of digital strategy, or simply the challenges of growth after being faced with newly-remote workforces, customers doing everything online and other tech demands. Now, a startup called Upstack that has

Dell announced this afternoon that it’s spinning out VMware, a move that has been suspected for some time. Dell, which acquired VMware as part of the massive $67 billion EMC acquisition in 2015, owns approximately 81% of the stock and the company is expected to receive between $9.3 and $9.7 billion when the deal closes

PlexTrac, a Boise, ID-based security service that aims to provide a unified workflow automation platform for red and blue teams, today announced that it has raised a $10 million Series A funding round led by Noro-Moseley Partners and Madrona Venture Group. StageDot0 ventures also participated in this round, which the company plans to use to

Workflow automation has been one of the key trends this year so far, and Zoho, a company known for its suite of affordable business tools has joined the parade with a new low code workflow product called Qntrl (pronounced control). Zoho’s Rodrigo Vaca, who is in charge of Qntrl’s marketing says that most of the

Meroxa, a startup that makes it easier for businesses to build the data pipelines to power both their analytics and operational workflows, today announced that it has raised a $15 million Series A funding round led by Drive Capital. Existing investors Root, Amplify and Hustle Fund also participated in this round, which together with the

Artificial intelligence technology holds a huge amount of promise for enterprises — as a tool to process and understand their data more efficiently; as a way to leapfrog into new kinds of services and products; and as a critical stepping stone into whatever the future might hold for their businesses. But the problem for many

Microsoft agreed today to acquire Nuance Communications, a leader in speech to text software, for $19.7 billion. Bloomberg broke the story over the weekend that the two companies were in talks. In a post announcing the deal, the company said this was about increasing its presence in the healthcare vertical, a place where Nuance has

You hear so much about data these days that you might forget that a huge amount of the world runs on documents: a veritable menagerie of heterogeneous files and formats holding enormous value yet incompatible with the new era of clean, structured databases. Docugami plans to change that with a system that intuitively understands any

When Microsoft announced it was acquiring Nuance Communications this morning for $19.7 billion, you could be excused for doing a Monday morning double take at the hefty price tag. That’s surely a lot of money for a company on a $1.4 billion run rate, but Microsoft, which has already partnered with the speech-to-text market leader

Canvas Medical, an electronic health records (EHR) startup, today announced their $17 million Series A and a new partnership with Anthem, one of the biggest health insurance companies in the country. The round was co-led by Inspired Capital and IA Ventures, with participation from Upfront Ventures. This round brings the company’s total funding to date

Swag has a long and patchy history in the world of business. For every hip pair of plaid socks, there are five t-shirts you may never wear, an itchy scarf, a notepad your kids might use, and an ugly mug; and most of all, likely thousands of dollars and lots of time invested to make

When Box announced it was getting a $500 million investment from private equity firm KKR this morning, it was hard not to see it as a positive move for the company. It has been operating under the shadow of Starboard Value, and this influx of cash could give it a way forward independent of the

The office shut-down at the start of the Covid-19 pandemic last year spurred huge investment in digital transformation and a wave of tech companies helping with that, but there were some distinct losers in the shift, too — specifically those whose business models were predicated on serving the very offices that disappeared overnight. Today, one

LiquidStack does it. So does Submer. They’re both dropping servers carrying sensitive data into goop in an effort to save the planet. Now they’re joined by one of the biggest tech companies in the world in their efforts to improve the energy efficiency of data centers, because Microsoft is getting into the liquid-immersion cooling market.

Box gets some financial ammunition against an activist investor, Samsung launches the Galaxy SmartTag+ and we look at the history of CryptoPunks. This is your Daily Crunch for April 8, 2021. The big story: KKR invests $500M into Box Private equity firm KKR is making an investment into Box that should help the cloud content

Box announced this morning that private equity firm KKR is investing $500 million in the company, a move that could help the struggling cloud content management vendor get out from under pressure from activist investor Starboard Value. The company plans to use the proceeds in what’s called a “dutch auction” style sale to buy back

The longer we continue to work with either all or part of our teams in remote, out-of-physical-office environments, the more imperative it becomes for those teams to have some tools in place to keep the channels of communication and management open, and for the individuals in those teams to have a sense of how well

Okta today announced it was expanding its platform into a couple of new areas. Up to this point, the company has been known for its identity access management product, giving companies the ability to sign onto multiple cloud products with a single sign on. Today, the company is moving into two new areas: privileged access

Thanks to major players like Amazon and Walmart, we’ve become accustomed to next- or same-day delivery. But the pandemic has also renewed our interest in buying from smaller businesses and retailers. Swyft, a company that has just raised $17.5 million in Series A, helps retailers of any size provide affordable same-day delivery. The round was

Machine learning (ML) models are only as good as the data you feed them. That’s true during training, but also once a model is put in production. In the real world, the data itself can change as new events occur and even small changes to how databases and APIs report and store data could have

Esri, the geographic information system (GIS), mapping and spatial analytics company, is hosting its (virtual) developer summit today. Unsurprisingly, it is making a couple of major announcements at the event that range from a new design system and improved JavaScript APIs to support for running ArcGIS Enterprise in containers on Kubernetes. The Kubernetes project was

Google Cloud today announced that it is joining the FinOps Foundation as a Premier Member. The FinOps Foundation is a relatively new open-source foundation, hosted by the Linux Foundation, that launched last year. It aims to bring together companies in the ‘cloud financial management’ space to establish best practices and standards. As the term implies,

When UIPath filed its S-1 last week, it was a watershed moment for the robotic process automation (RPA) market. The company, which first appeared on our radar for a $30 million Series A in 2017, has so far raised an astonishing $2 billion while still private. In February, it was valued at $35 billion when

When investors gave Moveworks a hefty $75 million Series B at the end of 2019, they were investing in a chatbot startup that to that point had been tuned to answer IT help question in an automated way. Today, the company announced it had used that money to expand the platform to encompass employee questions

mmhmm, the software that allows folks to personalize their appearance on video chat, has today announced that its introducing usage-based enterprise accounts. In a conversation with TechCrunch, founder and CEO Phil Libin said this is a natural evolution, remarking that mmhmm has had hundreds of registrations from users all at the same company. “It was

Every tech vendor has to pass security muster with customers, typically a tedious activity involving answering long questionnaires. Kintent, a new startup that wants to automate this process, announced a $4 million seed today led by Tola Capital with help from a bunch of tech industry angel investors. After company co-founder and CEO Sravish Sridhar

Before you can improve a workflow, you have to understand how work advances through a business, which is more complex than you might imagine inside a large enterprise. That’s where Celonis comes in. It uses software to identify how work moves through an organization and suggests more efficient ways of getting the same work done,