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Barb Darrow / Fortune:
GPU database provider Kinetica raises $50M Series A led by Canvas Ventures and Meritech Capital Partners   —  Kinetica, a startup that builds databases that harness fast graphical processing chips to perform everyday business applications, now has $50 million in new funding.
Jun 29, 2017, 1:55 PMIn context
Barb Darrow / Fortune:
Google to discontinue Site Search on April 1, its search tool for publishers' websites, according to email to customers and partners   —  This spring, Google plans to discontinue Google Site Search, a product it has sold to web publishers that wanted to apply the industry's leading search technology to their own sites.
Feb 21, 2017, 4:50 PMIn context
Barb Darrow / Fortune:
Rackspace lays off 6% of US workforce, about 276 jobs, plus an undisclosed number of overseas jobs   —  Three months after being taken private in a $4.3 billion buyout, Rackspace is cutting 6% of its U.S. workforce along with an undisclosed number of jobs overseas.
Feb 8, 2017, 5:05 PMIn context
Barb Darrow / Fortune:
Open-source networking software startup SnapRoute raises $25M Series A led by Norwest Venture Partners, with Lightspeed, AT&T, Microsoft Ventures participating   —  SnapRoute, a new-age networking startup founded by former Apple aapl engineers, now has $25 million in Series A funding.
Feb 7, 2017, 9:50 AMIn context
Barb Darrow / Fortune:
Microsoft buys Maluuba, a Canadian AI startup focused on natural language processing   —  Microsoft is buying Maluuba, a Canadian startup focused on giving software a better understanding of human language.  This natural language processing technology is a key underpinning of artificial intelligence (AI.)
Jan 13, 2017, 12:50 PMIn context
Barb Darrow / Fortune:
IT solutions provider Presidio files for an IPO, reportedly at $3B valuation   —  Business software purveyor AppDynamics may have postponed its plans to go public, but technology services firm Presidio is forging ahead with an IPO, according to documents filed with the Securities and Exchange Commission on Tuesday.
Nov 25, 2016, 1:55 PMIn context
Barb Darrow / Fortune:
Salesforce rebrands Demandware e-commerce offering as Salesforce Commerce Cloud, adds Apple Pay support and some Einstein AI capabilities   —  Three months after completing its $2.8 billion acquisition of Demandware, Salesforce is officially bringing that company's e-commerce software in-house …
Oct 3, 2016, 1:00 AMIn context
Barb Darrow / Fortune:
HP announces it is moving from Salesforce and Oracle products to Microsoft CRM to manage its sales and post-sales processes   —  HP Inc. plans to use Microsoft Dynamics customer relationship management (CRM) software to run its sales processes, the two companies said Monday.
Sep 12, 2016, 2:50 PMIn context
Barb Darrow / Fortune:
Nutanix is acquiring cloud storage startup PernixData and DevOps automation firm Calm.io   —  Nutanix, which combines server, storage, and virtualization into a single “converged” piece of data center gear, said it is in the process of buying PernixData and has completed an acquisition of Calm.io.
Aug 28, 2016, 10:25 PMIn context
Barb Darrow / Fortune:
Intel buys computer vision company Itseez, co-founded by two former Intel researchers, in IoT and autonomous car push   —  Chip maker Intel, in its bid to expand from its core PC and server business to all manner of devices, is buying Itseez, a machine vision specialist co-founded by two former Intel techies.
May 26, 2016, 9:15 PMIn context

Sponsor Posts

Microsoft:
Helping homeless parents forge their futures  —  Meet the Detroit nonprofit that's inspiring employees through on-the-job education and training.
eero:
“The eero Beacon is the perfect addition to its family of products”  —  See what TechCrunch had to say about the 2nd generation of eero WiFi systems.
Zoho:
Zoho partners with LinkedIn to bring Sales Navigator to Zoho CRM  —  Twenty-eight percent of sales reps and business development professionals are using social selling tools 3-5 hours per week, with over 20% spending 5-10 hours per week.
Vantiv:
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Worldpay:
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