As Slack has grown in popularity, one of the company’s key differentiators has been the ability to integrate with other enterprise tools, but as customers use Slack as a central work hub, it has created its own set of problems. In particular, users have trouble understanding what apps they have access to and how to
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In a wide ranging interview with Wall Street Journal global technology editor Jason Dean yesterday, Slack CEO and co-founder Stewart Butterfield had some strong words regarding Microsoft, saying his company represented an existential threat to the software giant. The interview took place at the WSJ Tech Live event. When Butterfield was asked about a chart
Grafana Labs, the commercial company built to support the open source Grafana project, announced a healthy $24 million Series A investment today. Lightspeed Venture Partners led the round with participation from Lead Edge Capital. Company CEO and co-founder Raj Dutt, says the startup started life as a way to offer a commercial layer on top
Bill McDermott has landed. Two weeks ago, he stepped down as CEO at SAP after a decade leading the company. Today, ServiceNow announced that he will be its new CEO. It’s unclear how quickly the move came together but the plan for him is clear: to scale revenue like he did in his last job.
Demodesk, an early stage startup that wants to change how sales meetings are conducted online, announced a $2.3 million seed investment today. Investors included GFC, FundersClub, Y Combinator, Kleiner Perkins and an unnamed group of angel investors. The company was a member of the Y Combinator Winter 2019 cohort. CEO and co-founder Veronika Riederle says
Databricks is a SaaS business built on top of a bunch of open source tools, and apparently it’s been going pretty well on the business side of things. In fact, the company claims to be one of the fastest growing enterprise cloud companies ever. Today the company announced a massive $400 million Series F funding
The JEDI drama never stops. The $10 billion, decade long cloud contract has produced a series of twists and turns since the project was announced in 2018. These include everything from court challenges to the president getting involved to accusations of bias and conflict of interest. It has had all this and more. Today, in
When Bill McDermott announced he was stepping down as CEO at SAP a couple of weeks ago, it certainly felt like a curious move — but he landed on his feet pretty quickly. ServiceNow announced he would be taking over as CEO there. The transition will take place at year-end. If you’re wondering what happened to
When Okta launched its $50 million Okta Ventures investment fund in April, one of its investments was in an early stage privacy startup called DataGrail. Today, the companies announced a partnership that they hope will help boost DataGrail, while providing Okta customers with a privacy tool option. DataGrail CEO and co-founder Daniel Barber says that
Bob Stutz has had a storied career with enterprise software companies including stints at Siebel Systems, SAP, Microsoft and Salesforce. He announced on Facebook last week that he’s leaving his job as head of the Salesforce Marketing Cloud and heading back to SAP as president of customer experience. Bob Stutz Facebook announcement Constellation Research founder
Microsoft wants to make it as easy as possible to migrate to Microsoft 365, and today the company announced it had purchased a Canadian startup called Mover to help. The companies did not reveal the acquisition price. Microsoft 365 is the company’s bundle that includes Office 365, Microsoft Teams, security tools and workflow. The idea
Canva, the Australian-based design tool maker, has today announced that it has raised an additional $10 million to bring its valuation to $3.2 billion, up from $2.5 billion in May. Investors in the company include Mary Meeker’s Bond, General Catalyst, Bessemer Venture Partners, Blackbird and Sequoia China. Alongside the new funding and valuation, Canva is
Zoho may be one of the most underrated tech companies. The 23-year-old company, which at this point offers more than 45 products, has never taken outside funding and has no ambition to go public, yet it’s highly profitable and runs its own data centers around the world. And today, it’s launching Catalyst, a cloud-based developer
Pendo, the late stage startup that helps companies understand how customers are interacting with their apps, announced a $100 million Series E investment today on a valuation of $1 billion. The round was led by Sapphire Ventures . Also participating were new investors General Atlantic and Tiger Global, and existing investors Battery Ventures, Meritech Capital,
Autify, a platform that makes testing web application as easy as clicking a few buttons, has raised a $2.5 million seed round from Global Brain, Salesforce Ventures, Archetype Ventures and several angels. The company, which recently graduated from the Alchemist accelerator program for enterprise startups, splits its base between the U.S., where it keeps an
&Open is a startup with an unusual name, and one that fills an unusual niche in the business world. It has built a gift giving platform, so that businesses can reward loyalty with a small token of appreciation. The gift depends on the business and the circumstances, but it could be something like a book
Databricks, the big data analytics service founded by the original developers of Apache Spark, today announced that it is bringing its Delta Lake open-source project for building data lakes to the Linux Foundation and under an open governance model. The company announced the launch of Delta Lake earlier this year and even though it’s still
AWS and Oracle love to take shots at each other, but as much as Amazon has knocked Oracle over the years, it was forced to admit that it was in fact a customer. Today in a company blog post, the company announced it was shedding Oracle for AWS databases, and had effectively turned off its