When analyzing the cloud market, there are many ways to look at the numbers; revenue, year-over-year or quarter-over-quarter growth — or lack of it — or market share. Each of these numbers tells a story, but in the cloud market, where aggregate growth remains high and Azure’s healthy expansions continues, it’s still struggling to gain
Enterprise
The Daily Crunch is TechCrunch’s roundup of our biggest and most important stories. If you’d like to get this delivered to your inbox every day at around 9am Pacific, you can subscribe here. 1. Arvind Krishna will replace Ginni Rometty as IBM CEO in April Krishna, IBM’s senior vice president for cloud and cognitive software,
The open source Hyperledger Foundation announced the release of Hyperledger Fabric 2.0 today, the first such project to reach a 2.0 release. It’s a notable milestone. The blockchain as a business tool has certainly had a rocky road over the last few years, but there is still plenty to like about smart contracts that have
Red Hat CEO Jim Whitehurst to be president Ron Miller 9 hours IBM announced today that the Board of Directors has elected IBM Senior Vice President for Cloud and Cognitive Software Arvind Krishna to replace current CEO Ginni Rometty. He will take over on April 6th after a couple of months of transition time. Rometty
OpsRamp, a service that helps IT teams discover, monitor, manage and — maybe most importantly — automate their hybrid environments, today announced that it has closed a $37.5 million funding round led by Morgan Stanley Expansion Capital, with participation from existing investor Sapphire Ventures and new investor Hewlett Packard Enterprise. OpsRamp last raised funding in
The proliferation of data breaches based on leaked passwords, and the rising tide of regulation that puts a hard stop on just how much user information can be collected, stored and used by companies have laid bare the holes in simple password and memorable-information-based verification systems. Today a startup called Persona, which has built a
Early Stage SF is around the corner, and we are more than excited for this brand new event. The intimate gathering of founders, VCs, operators and tech industry experts is all about giving founders the tools they need to find success, no matter the challenge ahead of them. Struggling to understand the legal aspects of
Cooks Venture, the agtech company looking to revolutionize the chicken industry, has today announced the close of a $4 million funding round led by Golden West Food Group. Cooks Venture has been working in stealth for many years, but launched onto the scene in 2018 with a plan to reshape agriculture from the ground up.
Bringing a startup from idea to IPO isn’t an easy task, but if you can build something successful, one major milestone is to go public. Before your Nasdaq debut, however, there’s a major step — building a deck and taking it on the road for investors. Cloud computing company Nutanix went public in 2016, so
RealityEngines.AI, an AI and machine learning startup founded by a number of former Google executives and engineers, is coming out of stealth today and announcing its first set of products. When the company first announced its $5.25 million seed round last year, CEO Bindu Reddy wasn’t quite ready to disclose RealityEngines’ mission beyond saying that
Marketing and sales automation — tools that leverage the advances and data of our digital age to better identify and then interact with customers — is big business, with the whole market expected to generate some $6.6 billion in revenues for related companies by 2025. But “companies” is the operative word here: it’s a very
It has been 10 years since Pantheon launched. At the time, it was mostly a hosting service for Drupal sites, but about six years ago, it added WordPress hosting to its lineup and raised more VC money as some of its competitors did the same. After its 2016 Series C round, things started quieting down,
Descartes Labs, a well–funded startup based in New Mexico, provides businesses with geospatial data and the tools to analyze it in order to make business decisions. Today, the company announced the launch of its Descartes Labs Platform, which promises to bring its data together with all of the tools data scientists — including those with
International Business Machines is living a case study of a large, established company vying to transform. Over the last decade, the technology elder has struggled to move into areas like cloud and AI. IBM has leaned on a combination of its own R&D abilities and deep pockets to push into modern markets, but has struggled
Hello and welcome back to our regular morning look at private companies, public markets and the gray space in between. SaaS stocks had a good run in late 2019. TechCrunch covered their ascent, a recovery from early-year doldrums and a summer slowdown. In 2020 so far, SaaS and cloud stocks have surged to all-time highs.
When the Department of Defense finally made a decision in October on the decade long, $10 billion JEDI cloud contract, it seemed that Microsoft had won. But nothing has been simple about this deal from the earliest days, so it shouldn’t come as a surprise that last night Amazon filed a motion to stop work
In Xerox’s latest effort to get HP to bend to its will and combine the two companies, it announced its intent today to try and replace the entire HP Board of Directors at the company’s stockholder’s meeting in April. That would be the same board that unanimously rejected Xerox’s takeover bid. Xerox and HP have
The food industry may be the biggest industry in the world, but it’s also one of the least efficient. BCG says 1.6 billions tons of food, worth $1.2 trillion, is wasted in food every year and those numbers are only expected to go up. A number of players have stepped up to try and solve
If you’ve ever entered a company’s office as a visitor or contractor, you probably know the routine: check in with a receptionist, figure out who invited you, print out a badge and get on your merry way. Brussels, Belgium- and New York-based Proxyclick aims to streamline this process, while also helping businesses keep their people
Google Cloud today announced Secret Manager, a new tool that helps its users securely store their API keys, passwords, certificates and other data. With this, Google Cloud is giving its users a single tool to manage this kind of data and a centralized source of truth, something that even sophisticated enterprise organizations often lack. “Many
Front is raising a $59 million Series C funding round. Interestingly, the startup hasn’t raised with a traditional VC firm leading the round. A handful of super business angels are investing directly in the productivity startup and leading the round. Business angels include Atlassian co-founder and co-CEO Mike Cannon-Brookes, Atlassian President Jay Simons, Okta co-founder
We got a bit of a surprise at the end of CES: some hands-on time with Samsung’s latest rugged phone for the enterprise, the Galaxy XCover Pro. The XCover Pro, which is officially launching today, is a mid-range $499 phone for first-line workers like flight attendants, construction workers or nurses. It is meant to be
Sisense, an enterprise startup that has built a business analytics business out of the premise of making big data as accessible as possible to users — whether it be through graphics on mobile or desktop apps, or spoken through Alexa — is announcing a big round of funding today and a large jump in valuation
Hello and welcome back to our regular morning look at private companies, public markets and the gray space in between. Today, we’re exploring fundraising from outside the venture world. Founders looking to raise capital to power their growing companies have more options than ever. Traditional bank loans are an option, of course. As is venture
VMware is closing the year with a significant new component in its arsenal. Today it announced it has closed the $2.7 billion Pivotal acquisition it originally announced in August. The acquisition gives VMware another component in its march to transform from a pure virtual machine company into a cloud native vendor that can manage infrastructure
Hello and welcome back to our regular morning look at private companies, public markets and the gray space in between. It’s the second to last day of 2019, meaning we’re very nearly out of time this year; our space for repretrospection is quickly coming to a close. Before we do run out of hours, however,
The Daily Crunch is TechCrunch’s roundup of our biggest and most important stories. If you’d like to get this delivered to your inbox every day at around 9am Pacific, you can subscribe here. 1. VMware completes $2.7 billion Pivotal acquisition VMware is closing the year with a significant new weapon in its arsenal. (I restrained
InsightFinder, a startup from North Carolina based on 15 years of academic research, wants to bring machine learning to system monitoring to automatically identify and fix common issues. Today, the company announced a $2 million seed round. IDEA Fund Partners, a VC out of Durham, N.C., led the round, with participation from Eight Roads Ventures
It would be hard to top the 2018 enterprise M&A total of a whopping $87 billion, and predictably this year didn’t come close. In fact, the top 10 enterprise M&A deals in 2019 were less than half last year’s, totaling $40.6 billion. This year’s biggest purchase was Salesforce buying Tableau for $15.7 billion, which would
In Marc Benioff’s book, Trailblazer, he tells the tale of how Steve Jobs planted the seeds of the idea that would become the first enterprise app store, and how Benioff eventually paid Jobs back with the gift of the AppStore.com domain. While Salesforce did truly help blaze a trail when it launched as an enterprise
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