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Tintri up slightly after lowering IPO price
Enterprise cloud company Tintri was supposed to debut on the public markets yesterday with an IPO price between $10.50 to $12.50, but then pushed things back a day and lowered its price to $7. Shares were up about 3.5 percent midday Friday, trading at roughly $7.25 per share. Read More
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Crunch Report | Blue Apron IPO Has A Rocky Start
Today’s Stories Blue Apron IPO off to a rough start Microsoft confirms Cloudyn acquisition, sources say price is between $50M and $70M Instagram implements an AI system to fight mean and harassing comments Uber crosses the 5 billion trip milestone amid ongoing issues A brief history of the iPhone Credits Written and Hosted by: Anthony Ha
Filmed by: Matthew Mauro
Edited by: Joe… Read More -
AppDynamics update pinpoints performance issues inside Docker containers
AppDynamics released an update today with a nod toward the growing trend of containerization. The company, which was purchased by Cisco earlier this year for $3.7 billion, wants to help customers using Docker containers pinpoint performance issues. Read More
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Kinetica scores $50 million Series A for super-charged in-memory database solution
Kinetica’s roots as a company go back to a 2009 consulting project for U.S. intelligence services. When they couldn’t find a solution on the market to meet the strict demands of the army and NSA to track terrorists in real time, they decided to build one. Today, it’s an in-memory database solution that relies on commodity hardware running Nvidia GPUs to super-charge the… Read More
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Nutanix introduces two new tools in quest to simplify hybrid cloud management
Nutanix began as a storage company, but always had a broader view of the computing world. As company president Sudeesh Nair told me, they started with storage because they believed legacy storage was holding back data center transformation. Today the company made another step beyond that initial vision, introducing two new products that they see as part of a larger hybrid cloud operating system. Read More
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Intercom lands former Intuit exec Karen Peacock as its new COO
Intercom, a business messaging tool that enables companies to communicate directly with customers in an online context, announced today that it has hired former Intuit SVP Karen Peacock as company COO. She joined the company May 30th, but they are making the news public for the first time today. Peacock comes with an impressive resume that starts with a BA from Harvard and an MBA from Stanford. Read More
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As Egnyte turns 10, it moves into data protection
Egnyte had a big milestone last week. It turned 10 years old, which is a pretty big deal for a startup. The company has survived and even thrived, but as it moves into its second decade, it recognizes that it can’t live on file sync and share alone, and today it announced the general availability of a new product called Egnyte Protect. The product was introduced in Beta last year, but… Read More
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Salesforce introduces several Einstein AI tools for third-party developers
Salesforce launched three AI tools for developers today at the TrailheaDX developer conference. These algorithms, which fall under the new Einstein Platform Services, enable third-party developers to add Einstein intelligence to applications built on top of the Salesforce platform. The new services include sentiment and intent analysis and some pretty sophisticated image recognition… Read More
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Crunch Network
The next generational shift in enterprise infrastructure has arrived
Cloud computing is driving growth at 3 of the 5 most valuable companies in the world. AI will impact jobs only as quickly as AI-powered business software evolves. These are just two of the ramifications of disruptions in enterprise technology permeating mainstream media. Yet the inner workings of the tightly knit enterprise software industry are rarely publicized. Read More
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Box deepens partnership with Microsoft and turns its attention to AI and machine learning
Surely Box is of sufficient size with enough data running through its systems to take advantage of machine learning. Today, the company announced a deepening relationship with Microsoft in which Box will take advantage of Redmond’s pure go-to-market clout, its data centers (via Box Zones) and, yes, its AI and machine learning algorithms. Read More
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Sumo Logic lands $75 million Series F, on path to IPO
Sumo Logic, the cloud-based log analysis platform, announced a $75 million round today, as the seven year old company could be entering the home stretch before an IPO. While CEO Ramin Sayar was not ready or willing to commit to an IPO timeline, he did admit it was the next logical step for the company, and that the size of the investment gives him the capital to build toward that… Read More
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Facebook, Microsoft, YouTube and Twitter form Global Internet Forum to Counter Terrorism
Today Facebook, Microsoft, YouTube and Twitter collectively announced a new partnership aimed at reducing the accessibility of internet services to terrorists. The new Global Internet Forum to Counter Terrorism adds structure to existing efforts by the companies to target and remove from major web platforms recruiting materials for terror groups. Read More
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Amazon said to be working on translation services for AWS customers
Amazon is working on an offering that would allow developers building apps and websites using AWS to translate their content to multiple languages, CNBC reports. The machine translation tech used to provide the multi-lingual versions of client products would be based on tech Amazon uses across its own products, the report claims. Translation services are a key competitive offering for Amazon… Read More
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Headstart wants to better analyze candidates to fit them with the best jobs
Nicholas Shekerdemian has a pretty typical startup story: he dropped out of college, met up with technical co-founder Jeremy Hindle and then ended up starting a company. But Shekerdemian, who at the time was helping match English teachers with Chinese citizens, wanted to start a company that would solve his own problem: actually getting a job at a cookie cutter company where everyone… Read More
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Algorithmia raises $10.5M Series A round led by Google’s new AI fund
Word recently spread that Google had quietly launched a new fund for investing into AI companies. Now this fund has made its first (or at least its first public) investment, leading a $10.5 million Series A into Algorithmia, a marketplace and enterprise solution that allows developers to easily tap into its catalog of 3,500 algorithms, functions and machine-learning models. Read More
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Fleet management tracking provider Samsara raises $40M
Rapid changes in the shipping industry has caught the attention of investors who are starting to pour large sums of money into the industry. And likely for good reason: as a future where trucks are run autonomously becomes ever clearer, the sensors and software behind that is going to have to be able to keep up. One company, Samsara, is working on just those kinds of sensors and products to… Read More
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MongoDB launches Stitch, a new backend as a service, and brings Atlas to Azure and GCP
MongoDB is hosting its annual developer conference in Chicago this week and no good developer conference would be complete without a few product launches. Read More
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Agentology, the referral network for real estate agents, closes on $4.5 million
Real estate is one of those industries that has been rather slow on the uptake of technology, which makes a lot of sense. Buying and selling a home is one of the biggest, most personal decisions in a person’s life, and the shift to online browsing, transactions, etc. was bound to take longer than other sectors. Brokers, too, have grown accustomed to their ways and are usually hesitant to… Read More
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Google launches its AI-powered jobs search engine
Looking for a new job is getting easier. Google today launched a new jobs search feature right on its search result pages that lets you search for jobs across virtually all of the major online job boards like LinkedIn, Monster, WayUp, DirectEmployers, CareerBuilder and Facebook and others. Google will also include job listings its finds on a company’s homepage. The idea here is to give… Read More
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