descartes labs Descartes Labs Unveils Self-Service Platform for Geospatial Data Analysis Descartes Labs launches a new platform that gives data scientists direct access to geospatial data and machine learning tools, reducing the need for costly consulting engagements.
tech stocks Top Tech Firms Reach Combined $5 Trillion Value in Record 2019 Run The largest U.S. technology companies finish 2019 with a combined market value near $5 trillion following an exceptional year of stock market growth. The tech-heavy Nasdaq Composite rises 35 percent, while cloud software stocks experience even greater gains.
sprout social Chicago's Sprout Social Raises $150M in Efficient Mid-Range IPO Sprout Social prices its initial public offering at $17 per share, raising nearly $150 million and achieving an approximate $814 million valuation. The social media software company demonstrates notable capital efficiency by reaching over $100 million in annual recurring revenue.
ai AI Era Demands an End to Per-Seat Software Pricing Traditional per-seat pricing models actively harm AI software by discouraging the usage needed to train and improve dynamic algorithms. Vendors must adopt new pricing structures that maximize user engagement to fully capture the value of personalized technology.
appzen AppZen Raises $50M at $500M Valuation for AI Finance Tools AppZen secures $50 million in Series C funding to expand its AI-powered finance automation platform. The startup now serves 1,500 enterprise customers, including Amazon and Nvidia, with its automated expense auditing technology.
vmware VMware Spends $4.8 Billion on Carbon Black and Pivotal VMware acquires security firm Carbon Black for $2.1 billion and cloud platform Pivotal for $2.7 billion to modernize its enterprise offerings.
y combinator 82 Startups Showcase Innovations on Day Two of YC Summer 2019 Y Combinator wraps up its Summer 2019 Demo Days with 82 additional startups presenting disruptive solutions across biotech, logistics, and SaaS. The two-day event features a total of 166 companies aiming to transform their respective industries.
slack Workplace Chat Giant Slack Surges 48% in Historic Direct Listing Debut Slack bypasses traditional IPO methods to launch directly on the NYSE, seeing its stock jump nearly 50 percent and pushing its market cap past $20 billion.
google Google Lands Looker for $2.6 Billion to Boost Cloud Analytics Google acquires hot analytics startup Looker for $2.6 billion to strengthen its third-place Google Cloud platform. The deal combines Looker's robust data visualization tools with Google's massive cloud infrastructure.
sentinelone SentinelOne Secures $120M to Expand AI-Powered Endpoint Security SentinelOne raises $120 million in a Series D round to grow its fully autonomous, AI-based endpoint security platform. The funding reflects surging market demand driven by an increase in cyberattacks exploiting human error.
vlocity Vlocity Reaches $1 Billion Valuation After $60 Million Series C Vlocity secures $60 million in Series C funding, pushing its valuation to $1 billion. The startup builds industry-specific CRM solutions on top of the Salesforce platform across five major verticals.
cobots Collaborative Robots Spark a Robotics-as-a-Service Revolution As e-commerce demand outpaces warehouse labor supply, affordable collaborative robots are emerging to augment human workers. This shift mirrors the transition from legacy software to SaaS, paving the way for Robotics-as-a-Service business models.
open source Open Source Software Transforms Into A Multi-Billion Dollar Industry Once doubted by investors, open source software now drives massive valuations and acquisitions as companies shift from free projects to lucrative SaaS models.
open source How Open-Source Software Took Over the World Open-source software transforms from a free rebellion against tech monopolies into a multi-billion-dollar industry.