LumApps raises $70M Series C led by Goldman Sachs

IT news
LumApps, the cloud-based social intranet for the enterprise, has closed $70 million in Series C funding. Leading the round is Goldman Sachs Growth, with participation from Bpifrance via its Growth Fund Large Venture. Others participating include Idinvest Partners, Iris Capital, and Famille C (the family office of Courtin-Clarins). The round brings the total raised by […]
Read More

Corporate relocation startup Shyft raises $15M

IT news
Shyft is announcing it has raised $15 million in Series A funding to make the moving process less painful — specifically in the situations where your employer is paying for the move. Other startups are looking to offer concierge-type services for regular moving — I used a service called Moved last year and liked it. […]
Read More

Google Cloud lands Lufthansa Group and Sabre as new customers

IT news
Google’s strategy for bringing new customers to its cloud is to focus on the enterprise and specific verticals like healthcare, energy, financial service and retail, among others. It’s healthcare efforts recently experienced a bit of a setback, with Epic now telling its customers that it is not moving forward with its plans to support Google […]
Read More

Canonical’s Anbox Cloud puts Android in the cloud

IT news
Canonical, the company behind the popular Ubuntu Linux distribution, today announced the launch of Anbox Cloud, a new platform that allows enterprises to run Android in the cloud. On Anbox Cloud, Android becomes the guest operating system that runs containerized applications. This opens up a range of use cases, ranging from bespoke enterprise app to […]
Read More

Snyk snags $150M investment as its valuation surpasses $1B

IT news
Snyk, the company that wants to help developers secure their code as part of the development process, announced a $150 million investment today. The company indicated the investment brings its valuation to more than $1 billion (although it did not share the exact figure). Today’s round was led by Stripes, a New York City investment […]
Read More

Harvestr gathers user feedback in one place

IT news
Meet Harvestr, a software-as-a-service startup that wants to help product managers centralize customer feedback from various places. Product managers can then prioritize outstanding issues and feature requests. Finally, the platform helps you get back to your customers once changes have been implemented. The company just raised a $650,000 funding round led by Bpifrance with various […]
Read More

Microsoft announces global Teams ad push as it combats Slack for the heart of enterprise comms

IT news
The long-running contest between Microsoft and its Teams service and Slack’s eponymous application continued this morning, with Redmond announcing what it describes as its first “global” advertising push for its enterprise communication service. Slack, a recent technology IPO, exploded in the back half of last decade, accreting huge revenues while burrowing into the tech stacks […]
Read More

DigitalOcean is laying off staff, sources say 30-50 affected

IT news
After appointing a new CEO and CFO last summer, cloud infrastructure provider DigitalOcean is embarking on a wider reorganisation: the startup has announced a round of layoffs, with potentially between 30 and 50 people affected. DigitalOcean has confirmed the news with the following statement: “DigitalOcean recently announced a restructuring to better align its teams to its […]
Read More
Menu