Adobe gets its company, snaring Marketo for $4.75 billion
A week ago rumors were flying that Adobe would be buying Marketo, and lo and behold it announced today that it was acquiring the marketing automation company for $4.75 billion. It was a pretty nice return for Vista Equity partners, which purchased Marketo in May 2016 for $1.8 billion in cash. They held onto it […] [...]
AI could help push Neo4j graph database growth
Graph databases have always been useful to help find connections across a vast data set, and it turns out that capability is quite handy in artificial intelligence and machine learning too. Today, Neo4j, the makers of the open source and commercial graph database platform, announced the release of Neo4j 3.5, which has a number of […] [...]
MariaDB acquires Clustrix
MariaDB, the company behind the eponymous MySQL drop-in replacement database, today announced that it has acquired Clustrix, which itself is a MySQL drop-in replacement database, but with a focus on scalability. MariaDB will integrate Clustrix’s technology into its own database, which will allow it to offer its users a more scalable database service in the long […] [...]
Google’s Cloud Memorystore for Redis is now generally available
After five months in public beta, Google today announced that its Cloud Memorystore for Redis, its fully managed in-memory data store, is now generally available. The service, which is fully compatible with the Redis protocol, promises to offer sub-millisecond responses for applications that need to use in-memory caching. And because of its compatibility with Redis, developers […] [...]
GitLab raises $100M
GitLab, the developer service that aims to offer a full lifecycle DevOps platform, today announced that it has raised a $100 million Series D funding round at a valuation of $1.1 billion. The round was led by Iconiq. As GitLab CEO Sid Sijbrandij told me, this round, which brings the company’s total funding to $145.5 million, will […] [...]
Einstein Voice gives Salesforce users gift of gab
Salespeople usually spend their days talking. They are on the phone and in meetings, but when it comes to updating Salesforce, they are back at the keyboard again typing notes and milestones, or searching for metrics about their performance. Today, Salesforce decided to change that by introducing Einstein Voice, a bit of AI magic that […] [...]
Fresh out of Y Combinator, Leena AI scores $2M seed round
Leena AI, a recent Y Combinator graduate focusing on HR chatbots to help employees answer questions like how much vacation time they have left, announced a $2 million seed round today from a variety of investors including Elad Gil and Snapdeal co-founders Kunal Bahl and Rohit Bansal. Company co-founder and CEO Adit Jain says the seed […] [...]
IBM launches cloud tool to detect AI bias and explain automated decisions
IBM has launched a software service that scans AI systems as they work in order to detect bias and provide explanations for the automated decisions being made — a degree of transparency that may be necessary for compliance purposes not just a company’s own due diligence. The new trust and transparency system runs on the […] [...]
Google’s Work Insights helps businesses better understand how they work
At an event in Tokyo, Google today announced the launch of Work Insights, a new tool that gives businesses more insights into how their employees use the company’s G Suite productivity tools and how teams collaborate using those tools. In addition, Google is also launching its investigation tool for helping business better secure their data […] [...]
Microsoft is putting HoloLens to work with new Dynamics 365 applications
Microsoft HoloLens mixed reality glasses have always been interesting technology, but it’s never been clear how the company would move from novelty device to actual viable business use cases. Today, it made a move toward the latter, announcing a couple of applications designed to put the HoloLens to work in Dynamics 365, giving it a […] [...]
Microsoft launches new AI applications for customer service and sales
Like virtually every other major tech company, Microsoft is currently on a mission to bring machine learning to all of its applications. It’s no surprise then that it’s also bringing ‘AI’ to its highly profitable Dynamics 365 CRM products. A year ago, the company introduced its first Dynamics 365 AI solutions and today it’s expanding […] [...]
UiPath lands $225M Series C on $3 billion valuation as robotic process automation soars
UiPath is bringing automation to repetitive processes inside large organizations and it seems to have landed on a huge pain point. Today it announced a massive $225 million Series C on a $3 billion valuation. The round was led by CapitalG and Sequoia Capital. Accel, which invested in the companies A and B rounds also […] [...]
Why the Pentagon’s $10 billion JEDI deal has cloud companies going nuts
By now you’ve probably heard of the Defense Department’s massive winner-take-all $10 billion cloud contract dubbed the Joint Enterprise Defense Infrastructure (or JEDI for short). Star Wars references aside, this contract is huge, even by government standards.The Pentagon would like a single cloud vendor to build out its enterprise cloud, believing rightly or wrongly that […] [...]
Drone startup Airware crashes, shut downs after burning $118M
Drone operating system startup Airware today suddenly informed employees it will cease operations immediately despite having raised $118 million from top investors like Andreessen Horowitz, Google’s GV, and Kleiner Perkins. The startup ran out of money after trying to manufacture its own hardware that couldn’t compete with drone giants like China’s DJI. The company at […] [...]
Why rumors that Adobe could be in talks to buy Marketo make sense
Adobe could be shopping for another piece of the digital marketing puzzle, as reports surfaced today that the company might be in talks with Vista Equity Partners to buy Marketo, a company the private equity firm purchased in May 2016 for $1.8 billion in cash. Reuters was first to report the rumor. While the report […] [...]
Hybrid cloud data specialist Datrium nabs $60M led by Samsung at a $282M valuation
Cloud services — where our data, apps and computing power are all being managed in servers owned by others, many miles from where we are sitting — have taken off like a rocket in the decade with the rise of smaller devices, but in the business world, hybrid solutions — mixing cloud with on-premise architectures […] [...]
Hacera creates directory to make blockchain projects more searchable
In the 1990s when the web was young, companies like Yahoo, created directories of web pages to help make them more discoverable. Hacera wants to bring that same idea to blockchain, and today it announced the launch of the Hacera Network Registry. CEO Jonathan Levi says that blockchains being established today risk being isolated because people […] [...]
Nvidia launches the Tesla T4, its fastest data center inferencing platform yet
Nvidia today announced its new GPU for machine learning and inferencing in the data center. The new Tesla T4 GPUs (where the ‘T’ stands for Nvidia’s new Turing architecture) are the successors to the current batch of P4 GPUs that virtually every major cloud computing provider now offers. Google, Nvidia said, will be among the […] [...]
Sisense hauls in $80M investment as data analytics business matures
Sisense, a company that helps customers understand and visualize their data across multiple sources, announced an $80 million Series E investment today led by Insight Venture Partners. They also announced that Zack Urlocker, former COO at Duo Security and Zendesk, has joined the organization’s board of directors. The company has attracted a prestigious list of […] [...]
Twilio’s contact center products just got more analytical with Ytica acquisition
Twilio, a company best known for supplying communications APIs for developers has a product called Twilio Flex for building sophisticated customer service applications on top of Twilio’s APIs. Today, it announced it was acquiring Ytica (pronounced Why-tica) to provide an operational and analytical layer on top of the customer service solution. The companies would not […] [...]
Accounting Firm Moss Adams Acquires Cybersecurity Firm AsTech
Moss Adams (an accounting firm founded 105 years ago) has merged in AsTech Consulting (a cyber risk management firm founded 21 years ago). Moss Adams is the thirteenth largest tax company in the U.S., and the leading firm on the West Coast. AsTech is a successful West Coast tech firm that counts the nation's third largest bank among its clients.
Legitimate RATs Pose Serious Risk to Industrial Systems
Remote administration tools (RATs) installed for legitimate purposes in operational technology (OT) networks can pose a serious security risk, allowing malicious actors to abuse them in attacks aimed at industrial organizations, Kaspersky Lab warns.
Malware Businesses Blending the Legitimate and the Illegitimate
Whenever someone wants to invoke a hacker for any purpose, we usually get some (stock photography) image of a lone, hooded malware author bent over a dark keyboard. Movies, too, perpetuate the idea of some socially maladjusted loner wreaking havoc single-handedly from his (or her) laptop, with the plot usually culminating in the arrest of the individual—and there the mayhem ends, because the single genius is now in solitary.
Facebook Building a 'War Room' to Battle Election Meddling
Facebook on Wednesday said it will have a "war room" up and running on its Silicon Valley campus to quickly repel efforts to use the social network to meddle in upcoming elections.
DMARC Fully Implemented on Two Thirds of U.S. Government Domains
DMARC has been fully implemented on roughly two thirds of U.S. government domains, but agencies have less than a month to roll out the email security standard on the remaining websites.
Rockwell Automation Patches Severe Flaws in Communications Software
Rockwell Automation has patched several critical and high severity vulnerabilities in its RSLinx Classic communications software.
U.S. Takes Off the Gloves in Global Cyber Wars: Top Oficials
The United States is taking off the gloves in the growing, shadowy cyber war waged with China, Russia and other rivals, a top White House official said Thursday.
Rapid7 Adds Automation, Orchestration Capabilities to Insight Platform
Rapid7 announced on Thursday that its Insight Platform now features automation and orchestration capabilities through a new tool called InsightConnect.
Mitigate Risk From Malicious and Accidental Insiders
When we hear the term “insider trading” most people think of the illegal practice of trading a public company’s stock based on material, non‐public information. The image of Michael Milken, Ivan Boesky or Martha Stewart may come to mind. Yet there’s a second face to insider trading: insiders that sell valuable data or privileged access via online forums and marketplaces to cybercriminals.
Japan Digital Currency Exchange Hacked, Losing $60 Million
TOKYO (AP) — Hackers have stolen 6.7 billion yen ($60 million) worth of cryptocurrencies from a Japanese digital currency exchange, the operators said Thursday.
China Arrests Suspect for Customer Data Leak at Accor Partner
Shanghai police have arrested a man in connection with a data leak at NASDAQ-listed Chinese hotelier Huazhu Group after the suspect failed to sell the information online.
Department of Defense Releases New Cyber Strategy
The U.S. Department of Defense this week released its 2018 cyber strategy, which outlines how the organization plans on implementing the country’s national security and defense strategies in cyberspace.