, the popular service that helps businesses monitor their tech stacks, manage incidents and alert engineers when things go sideways, today announced that it has raised a $90 million Series D round at a valuation of $1.3 billion. With this, PagerDuty,
which was founded in 2009, has now raised well over $170 million.
The round was led by T. Rowe Price Associates and Wellington Management
. Accel, Andreessen Horowitz
and Bessemer Venture Partners participated. Given the leads in this round, chances are that PagerDuty is gearing up for an IPO.
“This capital infusion allows us to continue our investments in innovation that leverages artificial intelligence and machine learning, enabling us to help our customers transform their companies and delight their customers,” said Jennifer Tejada, CEO at PagerDuty in today’s announcement. “From a business standpoint, we can strengthen our investment in and development of our people, our most valuable asset,
Continue reading "PagerDuty raises $90M to wake up more engineers in the middle of the night"
wants to make life easier for enterprise customers. Starting today, it is committing to fix any custom applications that may break as a result of updates to Windows 10 or the Office 365 product suite.
Most large companies have a series of custom applications that play a crucial role inside their organizations. When you update Windows and Office 365, Murphy’s Law of updates says one or more of those applications is going to break.
Up until this announcement when that inevitably happened, it was entirely the problem of the customer. Microsoft has taken a huge step today by promising to help companies understand which applications will likely break when you install updates, and working to help fix them if it ultimately happens anyway.
One of the reasons the company can afford to be so generous is they have data that suggests the vast majority of applications won’t break when
Continue reading "Microsoft commits to fixing custom apps broken by Windows 10 upgrades"
, Salesforce’s massive customer conference is coming later this month to San Francisco, but the news is starting already well ahead of the event. Today, the company announced updates to its core Sales Cloud with an emphasis toward automation and integration.
For starters, the company wants to simplify inside phone sales, giving the team not only a list of calls organized by those most likely to convert, but walking them through a sales process that’s been defined by management according to what they believe to be best practices.
High Velocity Sales is designed to take underlying intelligence from Salesforce
Einstein and apply it to the sales process to give sales people the best chance to convert that prospect. That includes defining contact cadence and content. For calls, the content could be as detailed as call scripts with what to say to the prospect. For emails, it could provide key
Continue reading "Salesforce updates Sales Cloud ahead of Dreamforce with increased automation"
, a 2018 TechCrunch Disrupt Battlefield participant, has a modern vision for enterprise search that uses AI to surface the content that matters most in the context of work. Its first use case involves customer service, but it has a broader ambition to work across the enterprise.
The startup takes a bit of an unusual approach to search. Instead of a keyword-driven experience we are used to with Google, Forethought
uses an information retrieval model driven by artificial intelligence underpinnings that they then embed directly into the workflow, company co-founder and CEO Deon Nicholas told TechCrunch. They have dubbed their answer engine ‘Agatha.’
Much like any search product, it begins by indexing relevant content. Nicholas says they built the search engine to be able to index millions of documents at scale very quickly. It then uses natural language processing (NLP) and natural language understanding (NLU) to read the
Continue reading "Forethought looks to reshape enterprise search with AI"
sounds a bit like a law firm — and with good reason. The startup has developed an AI as a Service platform aimed at the legal profession. This week, it’s competing in the 2018 TechCrunch Disrupt Battlefield in San Francisco.
The company began life as a project at a leading New Zealand law firm, MinterEllisonRuddWatts. They wanted to look at how they could take advantage of AI to automate legal processes to make them more efficient, cost-effective and faster, according to company president Richard DeFrancisco.
“They were working on leveraging technology to become the law firm of the future, and they realized there were some pretty tremendous gaps,” he explained. They found a bunch of Ph.Ds working on artificial intelligence who worked with more than 30 lawyers over time to address those gaps by leveraging AI technology.
That internal project was spun out as a startup last
Continue reading "McCarthyFinch AI services platform automates tedious legal tasks"
, a Dallas-based startup that wants to make location-tracking more efficient. Thanks to PoLTE’s software solution, logistics and shipment companies can much more easily track packages and goods. The startup is participating in TechCrunch’s Startup Battlefield at Disrupt SF
If you want to use a connected device to track a package, you currently need a couple of things — a way to determine the location of the package, and a way to transmit this information over the air. The most straightforward way of doing it is by using a GPS chipset combined with a cellular chipset.
Systems-on-chip have made this easier as they usually integrate multiple modules. You can get a GPS signal and wireless capabilities in the same chip. While GPS is insanely accurate, it also requires a ton of battery just to position a device on a map. That’s why devices often triangulate your position using
Continue reading "PoLTE lets you track devices using LTE signal"
, the provider of subscription-based data search software used by Dell, Netflix, The New York Times and others, has unveiled its IPO filing
after confidentially submitting paperwork to the SEC in June. The company will be the latest in a line of enterprise SaaS businesses to hit the public markets in 2018.
Headquartered in Mountain View, Elastic plans to raise $100 million in its NYSE listing, though that’s likely a placeholder amount. The timing of the filing suggests the company will transition to the public markets this fall; we’ve reached out to the company for more details.
Elastic will trade under the symbol ESTC.
The business is known for its core product, an open-source search tool called ElasticSearch. It also offers a range of analytics and visualization tools meant to help businesses organize large data sets, competing directly with companies like Splunk
and even Amazon — a name
Continue reading "Elastic’s IPO filing is here"
Rugged smartphones, the kind of devices that business can give to their employees who work in harsh environments, are a bit of a specialty market. Few consumers, after all, choose their smartphones based on how well they survive six-foot drops. But there is definitely a market there, and IDC
currently expects that the market for Android
-based rugged devices will grow at 23 percent annually over the next five years.
It’s maybe no surprise that Google is now expanding its Android Enterprise Recommended
program to include rugged devices, too. Chances are you’ve never heard of many of the manufacturers in this first batch (or thought of them as smartphone manufacturers): Zebra, Honeywell, Sonim, Point Mobile, Datalogic. Panasonic, which has a long history of building rugged devices, will also soon become part of this program.
The minimum requirements
for these devices are pretty straightforward: they have to support Android 7+, offer
Continue reading "Google adds a bunch of rugged devices to its Android Enterprise Recommended program"
After two years operating in stealth, Mint
.com founder Aaron Patzer’s
new startup Vital Software is open for business.
Patzer made the announcement Wednesday while on the Next Stage at Disrupt SF.
Patzer’s company, which he co-founded with Dr. Justin Schrager of Emory University, is an enterprise software business that aims to make emergency rooms visits easier and more efficient for patients and doctors. The company is tackling the ER experience first and sees opportunity for the software in a hospital or health care facility, Patzer said.
“It’s a terrible experience, and not just because of the emergency,” Patzer said while on stage.
The software features an easy patient check-in system and uses AI natural language processing to find out more from the incoming patient. The system is dynamic, meaning it can ask follow up questions to the incoming patient to gather more information. By the time nurses see the
Continue reading "Vital Software comes out of stealth to make ER visits less terrible"
, the Hamburg-based startup that provides a range of mobility services, from carpooling to electric scooter rentals, has raised $30 million in Series B funding. The round was led by KCK Group, with participation from previous backer Blumberg Capital and other non-disclosed investors.
The German company says the investment will be used to expand the company’s engineering team in its home country and to establish an international B2B sales organisation. Currently, Wunder Mobility has 70 employees working from four offices in Asia, Germany, and South America. The aim is to add another 100 employees over the next twelve months in the areas of product development and B2B sales.
Founded in Hamburg in 2014, but now with an international focus, including emerging markets, Wunder Mobility supplies software, hardware, and operational services for various “future-oriented” mobility concepts. These span smart shuttles, fleet management and carpooling, reaching more than two million
Continue reading "German mobility startup Wunder Mobility raises $30M Series B"
, a quote-to-cash vendor built on top of the Salesforce platform that looked to be heading toward an IPO in recent years has taken a different tack, instead being acquired by private equity firm Thoma Bravo today.
The company did not reveal the purchase price, but said it could be ready to share more details about the arrangement after the deal closes, probably next month. “What we can say is that Apttus
views this development positively and believes Thoma Bravo can instill greater operational excellence, strengthen our market leadership and allow us to continue providing indispensable value to our customers,” a company spokesperson told TechCrunch.
They are describing this not as a full on acquisition, but as ‘taking a majority stake’. However you describe it, it probably wasn’t the ending the company envisioned after taking $404 million in investment since launching in 2006, one of the earliest startups to
Continue reading "Thoma Bravo buys majority stake in Apttus in unexpected ending"
today announced the first beta of a new edition of its flagship Jira project and issue tracking tool that is meant to help ops teams handle incidents faster and more efficiently.
integrates with tools like OpsGenie, PagerDuty, xMatters, Statuspage, Slack and others. Many teams already use these tools when their services go down, but Atlassian argues that most companies currently use a rather ad hoc approach to working with them. Jira Ops aims to be the glue that keeps everybody on the same page and provides visibility into ongoing incidents.
This is obviously not the first time Atlassian
is using Jira to branch out from its core developer audience. Jira Service Desk and Jira Core, for example, aim at a far broader audience. Ops, however, goes after a very specific vertical.
“Service Desk was the first step,” Jens Schumacher, Head of Software Teams at Atlassian, told me.
Continue reading "Atlassian launches Jira Ops for managing incidents"
, the Swiss-Hungarian company that provides end-to-end encrypted “file sync and sharing” for businesses, has closed €11.5 million in Series B financing. The round is led by European growth capital investor 3TS Capital Partners, alongside PortfoLion, a Central European venture capital.
A number of existing investors also participated, such as Andreas Kemi, an early investor in LogMeIn and co-founder of Scala Business Solutions, and Márton Anka, founder of LogMeIn. I also understand the round included some secondary funding, meaning not all of the cash has entered Tresorit’s
Operating in the enterprise cloud storage and collaboration market, Tresorit provides what it describes as zero-knowledge encryption technology and unique encryption key management. The high level pitch is that the company is able to offer on-premise equivalent security for businesses while offering the type of simple user experience we have come to expect in consumer apps. It serves more
Continue reading "Encrypted cloud storage and collaboration company Tresorit secures €11.5M Series B"
When you’re primarily a storage company with enterprise aspirations, as Dropbox
is, you need a layer to to help people use the content in your system beyond simple file sharing. That’s why Dropbox created Paper,
to act as that missing collaboration layer. They announced some enhancements to Paper to keep people working in their collaboration tool without having to switch programs.
“Paper is Dropbox’s collaborative workspace for teams. It includes features where users can work together, assign owners to tasks with due dates and embed rich content like video, sound, photos from Youtube, SoundCloud, Pinterest and others,” a Dropbox spokesperson told TechCrunch.
With today’s enhancements you can paste a number of elements into Paper and get live previews. For starters, they are letting you link to a Dropbox folder in Paper, where you can view the files inside the folder, even navigating any sub-folders. When the documents in the folder
Continue reading "Dropbox drops some enhancements to Paper collaboration layer"
The growth of cloud services — with on-demand access to IT services over the Internet — has become one of the biggest evolutions in enterprise technology, but with it, so has the threat of security breaches and other cybercriminal activity. Now it appears that one of the leading companies in cloud services is looking for more ways to double down and fight the latter. Amazon’s AWS
has been working on a range of new cryptographic and AI-based tools to help manage the security around cloud-based enterprise services, and it currently has over 130 vacancies for engineers with cryptography skills to help build and run it all.
One significant part of the work has been within a division of AWS called the Automated Reasoning Group, which focuses on identifying security issues and developing new tools to fix them for AWS and its customers based on automated reasoning
, a branch of
Continue reading "Amazon is quietly doubling down on cryptographic security"
Foundation today released
the 18th version of its namesake open-source cloud infrastructure software. The project has had its ups and downs, but it remains the de facto standard for running and managing large private clouds.
What’s been interesting to watch over the years is how the project’s releases have mirrored what’s been happening in the wider world of enterprise software. The core features of the platform (compute, storage, networking) are very much in place at this point, allowing the project to look forward and to add new features that enterprises are now requesting.
The new release, dubbed Rocky, puts an emphasis on bare metal clouds, for example. While the majority of enterprises still run their workloads in virtual machines, a lot of them are now looking at containers as an alternative with less overhead and the promise of faster development cycles. Many of these enterprises want to run those
Continue reading "OpenStack’s latest release focuses on bare metal clouds and easier upgrades"
InVision today announced
a newly expanded integration and strategic partnership with Atlassian that will let users of Confluence, Trello and Jira see and share InVision prototypes from within those programs.
product suite is built around making product teams faster and more efficient. These tools streamline and organize communication so developers and designers can focus on getting the job done. Meanwhile, InVision’s collaboration platform has caught on to the idea that design is now a team sport, letting designers, engineers, executives and other shareholders be involved in the design process right from the get-go.
Specifically, the expanded integration allows designers to share InVision Studio designs and prototypes right within Jira, Trello
. InVision Studio was unveiled late last year
, offering designers an alternative to Sketch and Adobe.
Given the way design and development teams use both product suites, it only makes sense to let these product suites communicate
Continue reading "InVision deepens integrations with Atlassian"
that it is providing the Cloud Native Computing Foundation
(CNCF) with $9 million in Google Cloud credits to help further its work
on the Kubernetes container orchestrator and that it is handing over operational control of the project to the community. These credits will be split over three years and are meant to cover the infrastructure costs of building, testing and distributing the Kubernetes
Why does this matter? Until now, Google hosted virtually all the cloud resources that supported the project like its CI/CD testing infrastructure, container downloads and DNS services on its cloud. But Google is now taking a step back. With the Kubernetes community reaching a state of maturity, Google is transferring all of this to the community.
Between the testing infrastructure and hosting container downloads, the Kubernetes project regularly runs over 150,000 containers on 5,000 virtual machines, so the cost of running these systems quickly adds
Continue reading "Google steps back from running the Kubernetes infrastructure"
The interconnectedness of the cloud has allowed us to share content widely with people inside and outside the organization and across different applications, but that ability has created a problem of its own, a kind of digital fragmentation. How do you track how that piece of content is being used across a range of cloud services? It’s a problem Box
wants to solve with its latest features, Activity Stream and Recommended Apps.
The company made the announcements at BoxWorks
, its annual customer conference being held this week in San Francisco,
Activity Stream provides a way to track your content in real time as it moves through the organization, including who touches it and what applications it’s used in, acting as a kind of digital audit trail. One of the big problems with content in the cloud age is understanding what happened to it after you created it. Did it
Continue reading "Box builds a digital hub to help fight content fragmentation"
, a company that specializes in helping businesses store petabytes of data, today announced that it has raised a $94 million Series E funding round. Investors in this round, which is one of the largest we have seen for a storage vendor, include Digital Alpha, Fidelity Eight Roads, Goldman Sachs, INCJ, JPIC (Japan Post Investment Corporation), NTT DOCOMO Ventures and WS Investments. This round includes a $25 million investment from Digital Alpha,
which was first announced earlier this year.
With this, the seven-year-old company has now raised a total of $174 million.
As the company told me, it now has about 160 employees and 240 enterprise customers. Cloudian
has found its sweet spot in managing the large video archives of entertainment companies, but its customers also include healthcare companies, automobile manufacturers and Formula One teams.
What’s important to stress here is that Cloudian’s focus is on on-premise storage, not cloud storage,
Continue reading "Storage provider Cloudian raises $94M"