Enterprise

Dropbox announced today that it has purchased HelloSign, a company that provides lightweight document workflow and eSignature services. The company paid a hefty $230 million for the privilege. Dropbox’s SVP of engineering, Quentin Clark, sees this as more than simply bolting on electronic signature functionality to the Dropbox solution. For him, the workflow capabilities that
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Albert Gidari Albert Gidari is the Consulting Director of Privacy at the Stanford Center for Internet and Society. He was a partner for over 20 years at Perkins Coie LLP, achieving a top-ranking in privacy law by Chambers, before retiring to consult with CIS on its privacy program. He negotiated the first-ever “privacy by design”
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Microsoft today announced that it has acquired Citus Data, a company that focused on making PostgreSQL database faster and more scalable. Citus’ open source PostgreSQL extension essentially turns the application into a distributed database and while there has been a lot of hype around the NoSQL movement and document stores, relational database — and especially PostgreSQL
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Just this morning robotic process automation (RPA) firm, Blue Prism, announced enhancements to its platform. A little later the company, which went public on the London Stock Exchange in 2016, announced it was raising £100 million (approximately $130 million) by issuing new stock. The announcement comes after reporting significant losses in its most recent fiscal
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Oracle says the racial discrimination lawsuit filed by the U.S. Department of Labor’s Office of Federal Contract Compliance Programs is “meritless.” This comes after Oracle declined yesterday to comment on the OFCCP’s filing that alleges Oracle withheld $400 million in wages from underrepresented employees. “This meritless lawsuit is based on false allegations and a seriously flawed
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Alchemist, which began as an experiment to better promote enterprise entrepreneurs, has morphed into a well-established Silicon Valley accelerator. To prove it, San Francisco-based Alchemist is announcing a fresh $2.5 million investment ahead of its 20th demo day on Wednesday. Jupiter Networks, a networking and cybersecurity solutions business, has led the round, with participation from
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Okta, the Nasdaq-listed cloud identity management company, has recruited former Charles Schwab chief marketing officer Becky Saeger to its board of directors. The latest appointment comes one month after the company named Shellye Archambeau, former chief executive officer of MetricStream, to its board. Saeger becomes Okta’s third female board member. Michelle Wilson, a former senior
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The Linux Foundation’s Hyperledger Project has a singular focus on the blockchain, but this morning it announced a framework for building supply chain projects where it didn’t want blockchain stealing the show. In fact, the foundation is careful to point out out that this project is not specifically about the blockchain, so much as providing the
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Breather’s new CEO Bryan Murphy / Breather Press Kit Breather, the platform that provides on-demand private workspace, announced today that it has appointed Bryan Murphy as its new CEO. Before joining Breather, Murphy was the founder and President of direct-to-consumer mattress startup, Tomorrow Sleep. Prior to Tomorrow Sleep, Murphy held posts as an advisor to investment
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Alation, a startup that helps crawl a company’s databases in order to build a data search catalogue, announced a $50 million Series C investment today. The round was led by Sapphire Ventures and Salesforce Ventures. Existing investors Costanoa Ventures, DCVC (Data Collective), Harmony Partners and Icon Ventures also participated. Today’s investment brings the total raised to
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Infor, a NYC-based enterprise software company, announced a massive $1.5 billion investment today that could be the precursor to an IPO down the road. One analyst is estimating that the valuation could be at least $60 billion. The investment is being led by Koch Industries’ investment arm, Koch Equity Development, and Golden Gate Capital. Today’s
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CM Group, the organization behind email-centric services like Campaign Monitor and Emma, today announced that it has acquired marketing automation firm Sailthru and the email personalization service Liveclicker. The group did not disclose the acquisition price but noted that the acquisition would bring in about $60 million in additional revenue and 540 new customers, including
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There is a growing demand for stronger security at every point in the IT ecosystem, and today, one of the the more successful enterprise startups to emerge in the last several years is announcing a big round of funding to provide that. Rubrik, which provides enterprise data management and backup services across on-premise, cloud and
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