Enterprise

Read the latest news on enterprise, from new products to large SaaS providers like Salesforce, Adobe, ServiceNow and Atlassian to funding for small SaaS companies and new products that help startups build their own SaaS.

The Overture Maps Foundation is today releasing data sets for 2.3B building “footprints” globally, 54M notable places of interest, a visual overlay of “boundaries,” and land and water features such…

Backed by Microsoft, AWS and Meta, the Overture Maps Foundation launches its first open map data sets

Vanta, a trust management platform that helps businesses automate much of their security and compliance processes, today announced that it has raised a $150 million Series C funding round led…

Vanta raises $150M Series C, now valued at $2.45B

The startup is not disclosing its valuation, but sources close to the company say the figure is just under $400 million post-money.

Dazz snaps up $50M for AI-based, automated cloud security remediation

There is no fool proof way to prevent a buggy update like CrowdStrike’s, but there are best practices that could mitigate the fallout.

How to prevent your software update from being the next CrowdStrike

Harvey, a startup building what it describes as an AI-powered “copilot” for lawyers, has raised $100 million in a Series C round led by GV, Google’s corporate venture arm. The…

OpenAI-backed legal tech startup Harvey raises $100M

Meta’s latest open source AI model is its biggest yet. Today, Meta said it is releasing Llama 3.1 405B, a model containing 405 billion parameters. Parameters roughly correspond to a…

Meta releases its biggest ‘open’ AI model yet

Level AI offers a suite of AI-powered tools to automate various customer service tasks.

Level AI applies algorithms to contact center pain points

Quality assurance in the app development world is a necessary, but often resource-draining, undertaking. According to Statista, 23% of companies’ annual IT budgets are allocated to in-house or third-party contracted…

QA Wolf secures $36M to grow its app QA-testing suite

After doing some consulting for Microsoft to develop protections against zero-day exploits, software engineer Joran Dirk Greef worked with Coil, a web monetization startup in San Francisco, to help build…

TigerBeetle is building database software optimized for financial transactions

A Seoul court issued an arrest warrant for Brian Kim, the founder of South Korean internet giant Kakao, on allegations of stock price manipulation related to the company’s takeover of…

Kakao founder issued arrest warrant by Seoul court

Cybersecurity startup Wiz has turned down a $23 billion acquisition offer from Alphabet, Google’s parent company, according to a source familiar with discussions. Despite the offer representing a substantial premium…

Wiz walks away from Google’s $23B acquisition offer: Read the CEO’s note to employees

Unlike OpenAI, Anthropic, Mistral and many of its generative AI startup rivals, Cohere doesn’t have a big consumer focus.

Cohere raises $500M to beat back generative AI rivals

Identity management is one of the most common fulcrums around which security breaches have pivoted in the last several years. One of the main reasons it has become the gift…

Linx emerges from stealth with $33M to lock down the new security perimeter: Identity

CrowdStrike competes with a number of vendors, including SentinelOne and Palo Alto Networks but also Microsoft, Trellix, Trend Micro and Sophos, in the endpoint security market.

CrowdStrike’s rivals stand to benefit from its update fail debacle

Both of Hofy’s co-founders, Sami Bouremoum and Michael Ginzo, along with the rest of the startup’s leadership team and 120 employees, are joining Deel to build Deel IT.

Deel acquires Hofy to build its own IT device management service

Software as a service (SaaS) is an ever-evolving industry. We’ll talk to some of the sharpest minds and professionals in the industry — executives from early- and late-stage SaaS companies,…

Announcing the agenda for the SaaS Stage at TechCrunch Disrupt 2024

Tricentis, the well-funded test automation platform that helps developers find bugs in their code (now with the help of AI, of course), today announced that it has acquired SeaLights, a…

Test automation platform Tricentis acquires SeaLights

At a time when many startups have struggled to raise money and keep their heads above water, Kandji, an Apple device management platform, has been an exception. Founded in 2019,…

Kandji raises another $100M for Apple device management as valuation rises to $850M

Google’s parent company Alphabet might be on the verge of making its biggest acquisition ever. The Wall Street Journal reports that Alphabet is in advanced talks to acquire Wiz for…

Google reportedly in talks to acquire cloud security company Wiz for $23B

For months, rumors persisted that Google, and perhaps others, were interested in buying HubSpot, a Boston-based CRM and marketing software company. HubSpot’s market cap ballooned as the rumors persisted, eventually…

Boston VCs are pleased that HubSpot will remain an independent company

Generative AI is everywhere these days, but Amazon Web Services has been perceived in some circles as being late to the game. In reality it’s still early, and the market…

AWS App Studio promises to generate enterprise apps from a written prompt

The core issue relates to a 2019 licensing change whereby Microsoft made it more expensive to run Microsoft’s enterprise software on rival cloud services.

Microsoft settles with European cloud trade body over antitrust complaints

Prompt engineering became a hot job last year in the AI industry, but it seems Anthropic is now developing tools to at least partially automate it. Anthropic released several new…

Anthropic’s Claude adds a prompt playground to quickly improve your AI apps

Huffington Post founder Arianna Huffington and OpenAI CEO Sam Altman are throwing their weight behind a new venture, Thrive AI Health, that aims to build AI-powered assistant tech to promote…

OpenAI Startup Fund backs AI healthcare venture with Arianna Huffington

One of the vendors to benefit from the database boom is Tembo, a startup creating a platform that lets developers deploy different flavors of Postgres.

Tembo capitalizes on the database boom and lands new cash to expand

Featured Article

CIOs’ concerns over generative AI echo those of the early days of cloud computing

CIOs trying to govern generative AI have the same concerns they had about cloud computing 15 years ago, but they’ve learned some things along the way.

CIOs’ concerns over generative AI echo those of the early days of cloud computing

Featured Article

You could learn a lot from a CIO with a $17B IT budget

Lori Beer’s work is a case study for every CIO out there, most of whom will never come close to JP Morgan Chase’s scale, but who can still learn from how it goes about its business.

You could learn a lot from a CIO with a $17B IT budget

The round was led by KKR and Teachers’ Ventures Growth, an investment arm of Ontario Teachers’ Pension Plan.

Japan’s SmartHR raises $140M Series E as strong demand for HR tech boosts its ARR to $100M

One of the earlier SaaS adherents to generative AI has been ServiceNow, which has been able to take advantage of the data in its own platform to help build more…

ServiceNow’s generative AI solutions are taking advantage of the data on its own platform

Featured Article

SAP, and Oracle, and IBM, oh my! ‘Cloud and AI’ drive legacy software firms to record valuations

There’s something of a trend around legacy software firms and their soaring valuations: Companies founded in dinosaur times are on a tear, evidenced this week with SAP‘s shares topping $200 for the first time. Founded in 1972, SAP’s valuation currently sits at an all-time high of $234 billion. The Germany-based…

SAP, and Oracle, and IBM, oh my! ‘Cloud and AI’ drive legacy software firms to record valuations