AppDynamics Nabs $120M to Join $1 Billion Club
Bloomberg BusinessWeek--AppDynamics, a startup that develops software for companies to monitor applications, has become the newest member of the $1 billion-plus valuation club.
Hexagon Acquires Vero Software
MarketWatch--Hexagon AB (sto:HEXAB), a leading global provider of design, measurement and visualisation technologies, announced today the acquisition of Vero Software, a world leader in Computer Aided Manufacturing (CAM) software.
Yes, I’m Direct. But you Should be, Too.
New York Times--An interview with Phil Fernandez, chief executive of Marketo, a maker of marketing automation software, conducted and condensed by Adam Bryant.
BlockScore Lands $2M in Funding for Making I.D. Verification Easier
TechCrunch--In 2012, about 7 percent of all people aged 16 or older in the U.S. experienced identity theft, with their financial losses totaling $24.7 billion. Christopher Morton is familiar with the crime because in 2007, he had his identity stolen. With co-founders John Backus and Alain Meier, Morton created BlockScore, an identity-verification startup and member of Y Combinator’s latest batch that is launching today with $2 million in funding from Battery Ventures, Khosla Ventures, Lightspeed Venture Partners, New Atlantic Ventures, Boost VC, Y Combinator, and several angels.
Cloud soothsayer predicts OpenStack fragmentation, Azure catchup in public cloud
GigaOm--When Adrian Cockcroft talks cloud, people listen. Or they should. He's the former cloud guru at Netflix and drove that company's use of Amazon Web Services. Since he left Netflix in January to join Battery Ventures as a technology fellow he's been traveling the world, talking to IT buyers about their tech plans. He will reveal what he learned at the Cloud Trends session at Structure Thursday.
The Perfect Drug
Newsweek-Evan Rose's cancer should have killed him. He now breathes through a hole in his neck, a stoma, and when he speaks he sounds as if he has a nasty case of laryngitis. Rose describes the doctor's initial response to the outlook for his cancer--a type so rare that there are only 200 cases worldwide--as grim. "They didn't want to do anything dramatic if I wasn't going to live that long," he recalls.
HackerRank Solves Tech Hiring Crisis by Finding Programmers Where They Live
Forbes--It is no secret that Silicon Valley has a virtually inexhaustible demand for programming talent. It is also no secret that . These schools do indeed produce great engineers who go on to start up and staff the companies that produce the software that is eating the world. But not only are there not enough of them to satisfy the ravenous tech behemoth—but they may not even be the best hackers these companies can find.
SiSense Raises $30M More to Bring Big Data Analytics to Businesspeople
TechCrunch--SiSense, a business intelligence startup that is among those making big data analytics accessible to ordinary business users (and not just data scientists) is today announcing more funding: a $30 million Series C round led by DFJ Growth — the VC’s arm dedicated to later-stage investments that recently announced a new fund we understand to be totalling over $500 million (in May, its size was ‘only’ $470 million).
Let Staff Go Rogue on Tech
Wall Street Journal--Want to be more competitive? Then empower your most technologically disobedient employees.
RiskIQ rakes in $25M to help companies monitor malware
GigaOm--RiskIQ, an enterprise security company, just closed $25 million in Series B funding. The company provides security monitoring services so clients can uncover and deal with malware, malvertisements and malicious mobile apps that could plague their customers and hurt their brands.
Hard knock life for this family led to 3 CEOs & 4 startups
VentureBeat--Amanda Kahlow didn’t have the easiest childhood. Her parents divorced when she was two years old. Her mother never made more than $19,000 a year. Kahlow and her two older brothers lived in 22 different homes before she was 18. There wasn’t always plumbing — or heat. Last week, her startup 6Sense emerged from stealth mode with $12 million in venture funding. It also won the innovation showdown contest for early-stage companies at VentureBeat’s DataBeat conference.
Born Out of a Cisco Consulting Gig, Predictive Sales Tool 6Sense Raises $12M
TechCrunch--Of the many ways that big data analytics is impacting how enterprises do business, one of the most interesting has been in the area of predictive intelligence — the idea that by looking at all of the data being created in and around your organisation, you can help figure out what to do in the future.
Android Users Are More Likely to Take the Bus, While the Frequent Fliers Choose iPhones
Re/code--It’s fun to study the differences between iPhone and Android users. BlueStacks, for example, once created a portrait of what the typical Android user looks like. But in an era where companies are spending big money on mobile advertising, understanding the demographics can make a big difference to the bottom line. With that in mind, Battery Ventures decided to do its own research.
Sprinklr Launches Social Ad Tools and Raises $40M More
TechCrunch--Sprinklr, which describes itself as “the largest independent social relationship platform provider,” just announced that it has raised $40 million in Series D funding. It’s also launching its first “paid social media solution,” i.e., a product for managing ad campaigns on Facebook and Twitter.
Tealium, a marketing tech firm, raises $20 million
FORTUNE -- You might not have heard of Tealium, but that's the point. The company dubs itself an "enterprise tag management" company, and aims to serve as a layer of standardization between companies' marketing departments and the dozens of digital marketing tools they want to use.
Can Small Firms Benefit From the Big-Data Dividend?
BBC News--New Microsoft boss Satya Nadella reckons the "data dividend" could be worth $1.6 trillion (£950bn; 1.2tn euros) to big business over the next four years. But what about the little guys?
How Wayfair Sells Nearly $1 Billlion Worth of Sofas, Patio Chairs and Cat Playgrounds
Forbes--Wayfair is an e-commerce site selling home furnishings. But with 1,600 employees, its physical presence is rapidly outgrowing its space in an obelisklike skyscraper in Boston’s Back Bay–which happens to be a former hub of the Christian Science church. Long gone are the white shag carpets, wood paneling and executive-floor elevators that once allowed church higher-ups to avoid hoi polloi. Flat-panel TVs on each of 12 floors beam not messages of faith healing but maps of the U.S. and Europe that light up whenever there’s a sale.
The Art of “Something for Nothing”
New York Times--Entrepreneurs are lucky to have one big score. Richard Barton has had a string of them, by repeatedly asking the same simple question: What piece of marketplace information do people crave and don’t have?
How do free messaging companies make money?
Fox Business--Continuuity CEO Jonathan Gray chats with Fox's Stuart Varney about how free mobile messaging apps make money, and the future of his own company, which helps developers build big-data applications.
All your MySQL databases can belong to this startup
VentureBeat--Life revolves around software, and software revolves around databases. So you’ve got to keep an eye on those databases. VividCortex is totally on it. Today, during an appearance at the DEMO Enterprise conference, it launched with a nifty management tool for implementations of the popular open-source MySQL database.