Oracle grabs Zenedge as it continues to beef up its cloud security play

Oracle announced yesterday that it intends to acquire Zenedge, a 4-year old hybrid security startup. They didn’t reveal a purchase price. With Zenedge, Oracle gets a security service to add it to its growing cloud play. In this case, the company has products to protect customers whether in the cloud, on-prem or across hybrid environments. The company offers a range of services from web application firewalls to distributed denial of…

Bynder acquires digital asset management service Webdam from Shutterstock for $49.1M

Bynder, one of the leading companies in the digital asset management space, today announced that it has acquired Shutterstock‘s Webdam. The Amsterdam-based company tells us that it paid $49.1 million for Webdam, which Shutterstock itself acquired back in 2014. Like Bynder, Webdam’s focus is on helping enterprises and agencies manage their digital assets. Currently Webdam customers include the likes of Starbucks, Zillow, Alaska Airlines, Subway, HTC and Band & Olufsen. In…

Slack adds Edith Cooper to board of directors

Slack had added Edith Cooper, who most recently served as the global head of human capital management at Goldman Sachs, to its board of directors. As Slack prepares “for accelerated growth at scale,” Slack CEO Stewart Butterfield wrote in a blog post today, Cooper marks Slack’s second independent board member. “She has an unrivaled depth of experience in the hardest challenges that modern organizations face, and Edith is going to…

MongoDB gets support for multi-document ACID transactions

MongoDB is finally getting support for multi-document ACID (atomicity, consistency, isolation, durability) transactions. That’s something the MongoDB community has been asking for for years and MongoDB Inc, the company behind the project, is now about to make this a reality. As the company announced at an event earlier today, support for ACID transactions will launch when it ships version 4.0 of its NoSQL database in the summer. Until then, developers…

Stealth Security reels in $8 million investment from Shasta Ventures to root out bad bots

We live in world where bots are operating all over the internet. Like Glenda in the Wizard of Oz asking Dorothy if she is a good witch or a bad witch, network admins simply want to determine if a bot is there to help or harm. It’s not always easy to know. That’s where Stealth Security comes in. The 4-year old startup wants to help you defend against automated bot…

Pulse Q&A wants to transform the way we gather data from CIOs

Lots of companies need to understand what CIOs are thinking, but it’s hard to get a group of busy people to give meaningful answers about the products they use or their budget priorities in public forums for obvious reasons. Pulse Q&A is a new company in the Y Combinator Winter 2018 class that wants to change how we gather and share this valuable information. “Imagine you had a chatbot where…

Traction Tech Council launches to help IT execs spend money on the right startups

Sourcing the right technology for a company has always been challenging, but today it is an entirely different beast. There are tens of thousands of startups out there hawking their technology services, and the pace of innovation has increased dramatically. Hundreds of startups claim to use artificial intelligence or blockchain technology in their software, but do they actually solve the core issues that an enterprise customer has? That’s where Traction…

InfluxData scores $35 million Series C to expand time series database business

In a world where sensors are capturing ever-increasing amounts of data, being able to collect that high volume and measure it over time becomes increasingly important. InfluxData, the startup built on top of the open source time series database platform, announced it has received a $35 million Series C investment today led by Sapphire Ventures, the investment arm of enterprise software giant, SAP. Existing investors Battery Ventures, Mayfield Fund and…

Amazon may be developing AI chips for Alexa

The Information has a report this morning that Amazon is working on building AI chips for the Echo, which would allow Alexa to more quickly parse information and get those answers. Getting those answers much more quickly to the user, even by a few seconds, might seem like a move that’s not wildly important. But for Amazon, a company that relies on capturing a user’s interest in the absolute critical moment…

XebiaLabs lands $100 million Series B led by Susquehanna Growth Equity and Accel

XebiaLabs, the Boston-based software startup that helps companies automate DevOps functions, announced a healthy $100 million Series B investment led by Susquehanna Growth Equity and Accel. Today’s investment brings the total raised to $121.5 million. Derek Langone, Xebia’s CEO says they raised the money out of a desire to expand more rapidly. “You always want to raise money for the right reasons. The right reason was growth. We had enough…

Billionaire investors Icahn and Deason write blog post slamming Xerox-Fuji deal

Carl Icahn and Darwin Deason are a couple of seasoned billionaire investors, who know a bad deal when they see it, and they definitely don’t like the $6.1 billion deal announced last month to combine Fuji with Xerox. In a blog post published today, they are urging fellow shareholders to reject the offer. You may recall that it was Icahn and Deason, who together own a 15 percent stake in…

Oracle to expand automation capabilities across developer cloud services

Last fall at Oracle OpenWorld, chairman Larry Ellison showed he was a man of the people by comparing the company’s new autonomous database service to auto-pilot on his private plane. Regardless, those autonomous capabilities were pretty advanced, providing customers with a self-provisioning, self-tuning and self-repairing database. Today, Oracle announced it was expanding that automation beyond the database to other parts of its developer cloud platform. The company started with that…

Sylabs launches Singularity Pro, a container platform for high performance computing

Sylabs, the commercial company behind the open source Singularity container engine, announced its first commercial product today, Singularity Pro. Sylabs was launched in 2015 to create a container platform specifically designed for scientific and high performance computing use cases, two areas that founder and CEO Gregory Kurtzer, says were left behind in the containerization movement over the last several years. (For an explanation of containers, see this article.) Docker emerged…

Adobe brings more AI smarts to its Experience Manager

Unless you’ve ever used it, chances are you’ve never heard of Adobe’s Experience Manager. Inside of large enterprises, though, it’s among the most popular cross-platform content management systems for marketing teams and those who have to manage large online stores. Today, the company is launching an update to the Experience Manager that brings a number of new machine learning-based tools to the service. As Adobe’s senior director of strategy and product…

New credit card skimmer worked in plain sight at Aldi stores

Police in Lower Pottsgrove, Pennsylvania have spotted a group of thieves who are placing completely camouflaged skimmers on top of credit card terminals in Aldi stores. The skimmers, which the gang placed in plain sight of surveillance video cameras, look exactly like the original credit card terminals but would store debit card numbers and PINs of unsuspecting shoppers. “While Aldi payment terminals in the United States are capable of accepting…

Intel’s latest chip is designed for computing at the edge

As we develop increasingly sophisticated technologies like self-driving cars and industrial internet of things sensors, it’s going to require that we move computing to the edge. Essentially this means that instead of sending data to the cloud for processing, it needs to be done right on the device itself because even a little bit of latency is too much. Intel announced a new chip today, called the Intel Xeon D-2100…

Google Drive now lets you easily comment on Microsoft Office files, PDFs and images

Google is launching an update to Google Drive today that will make it easier for teams and agencies to use a mix of G Suite and Microsoft Office while working with their colleagues and customers. With this update, Google Drive users can now easily comment on Office files, PDFs and images in the Drive preview pane without having to use (and potentially pay for) tools like Microsoft Office or Acrobat…

Akamai has laid off 400 workers or 5 percent of global workforce

Akamai, the Cambridge Massachusetts content delivery network and network services provider, announced they had laid off 400 people in their earnings call with analysts yesterday. On the call, Akamai CEO Tom Leighton indicated that the 400 people represented 5 percent of the the company’s 8000 worldwide workforce. “As part of our effort to improve operational efficiency, we reduced headcounts in targeted areas of the business, most notably in areas tied…

Captain401, now Human Interest, raises $11M to open build a 401(k) for small businesses

Pushing through a funding round is never an easy process — and for Captain401 co-founder Roger Lee, it was even more tricky this time around. That’s because Lee and his team raised $11 million right around the birth of his first baby. That gave Lee an even deeper appreciation and understanding for the need of robust employee benefits, which was part of the original goal of Captain401 — giving small…

Microsoft will buy out existing cloud storage contracts for customers switching to OneDrive for Business

Microsoft is targeting its cloud storage rivals including Dropbox, Box, and Google today by offering to essentially buy out customers’ existing contracts if they make the switch to OneDrive for Business. The company says that customers currently paying for one of these competitive solutions, can instead opt to use OneDrive for free for the remainder of their contract’s term. The goal here is to attract customers who were interested in…