Enterprise News | TechCrunch

JobGet, a ‘LinkedIn’ for hourly workers, acquires rival Snagajob

Ingrid Lunden — Fri, 15 Nov 2024 14:51:18 +0000

If you’re an hourly worker, the number of go-to options you have for finding new jobs is shrinking a little. JobGet, a Boston-based startup that operates an hourly job-hunting site with social features built in, à la LinkedIn, is acquiring Snagajob, one of its rivals in the U.S. market. JobGet claims this will make it […]

Heroku CEO Bob Wise departs

Kyle Wiggers — Fri, 15 Nov 2024 00:25:57 +0000

Bob Wise, the CEO of Heroku, Salesforce’s cloud platform as a service (PaaS), has left. A Salesforce spokesperson confirmed the news to TechCrunch in a statement via email. “Bob Wise has left Salesforce for his next career move,” the spokesperson said. “We appreciate all that Bob has done for Salesforce and Heroku and we wish […]

FTC reportedly begins investigating Microsoft’s cloud business practices

Kyle Wiggers — Thu, 14 Nov 2024 23:17:43 +0000

The FTC is reportedly readying an investigation into whether Microsoft used anti-competitive tactics to maintain a dominant position in the cloud market. According to Financial Times, the agency is looking into allegations that Microsoft imposed punitive licensing agreements to prevent customers from moving data off its platforms. Sources told FT that the FTC is also […]

Bitsight buys dark web security specialist Cybersixgill for $115M

Ingrid Lunden — Thu, 14 Nov 2024 15:32:07 +0000

More consolidation is afoot in the world of cybersecurity. Bitsight, a cybersecurity startup last valued at $2.4 billion when ratings firm Moody’s took a stake in the business and became its largest shareholder in 2021, is acquiring Cybersixgill for $115 million. Boston-based Bitsight’s focus is cyber risk management. It works with enterprises to assess their […]

SwiftConnect lets workers access the office with a smartphone swipe

Kyle Wiggers — Thu, 14 Nov 2024 15:00:10 +0000

With the advent of flexible workspaces, companies are increasingly adopting smartphone-based authentication to let employees enter and leave. In a recent poll, nearly two in five firms said they’re letting staff use their phones to access office buildings. The boon has benefited vendors like SwiftConnect, which sells a platform for managing access to physical offices. Chip […]

Tessl raises $125M at $500M+ valuation to build AI that writes and maintains code

Ingrid Lunden — Thu, 14 Nov 2024 08:02:30 +0000

Many startups and larger tech companies have taken a crack at building artificial intelligence to code software. Now another new player is coming out of the shadows to throw its hat into the ring, with a mission to fix the many problems that will arise when humans and all those AIs are writing code together. […]

AMD lays off 4% of its workforce

Kyle Wiggers — Wed, 13 Nov 2024 17:03:26 +0000

AMD has confirmed that it’s laying off 4% of its workforce to focus on “large growth opportunities.” It’s unclear how many workers have been impacted by the reduction — and which divisions. AMD had roughly 26,000 employees as of last year, according to the company’s annual 10-K filing. Four percent would translate to approximately 1,000. […]

Marc Benioff says it’s ‘crazy talk’ that AI will hurt Salesforce, wants a billion AI agents in a year

Julie Bort, Theresa Loconsolo — Wed, 13 Nov 2024 15:10:00 +0000

Salesforce CEO Marc Benioff says the next big thing for enterprise software, particularly Salesforce, is AI agents — or software bots that will do limited tasks on their own taking those tasks off of human workers. “What if your workforce had no limits? Now, that is a question we could not ask in the last […]

Nokia acquires Rapid, the API company once valued at $1B

Ingrid Lunden — Wed, 13 Nov 2024 15:09:22 +0000

Nokia, once the world’s biggest mobile phone company but now mainly a provider of infrastructure and services to telecoms carriers, has made an acquisition in its bid to be a bridge between the worlds of tech and telecoms. It’s acquiring Rapid, formerly known as RapidAPI, a startup that operates an API marketplace. Nokia will be […]

DeepL launches DeepL Voice, real-time, text-based translations from voices and videos

Ingrid Lunden — Wed, 13 Nov 2024 11:35:55 +0000

DeepL has made a name for itself with online text translation it claims is more nuanced and precise than services from the likes of Google — a pitch that has catapulted the German startup to a valuation of $2 billion and more than 100,000 paying customers. Now, as the hype for AI services continues to […]

After spending three years working on SMS verification at Zenly, Prelude founders want to fix SMS onboarding

Romain Dillet — Wed, 13 Nov 2024 08:00:00 +0000

Prelude is a relatively new French startup that focuses on SMS verification; it’s announcing new funding from Singular and Seedcamp on Wednesday. The two founders met when they were working for Zenly, a popular location-sharing app with tens of millions of users that was acquired by Snap (and later shut down). While you might not […]

Dapr graduates to become a CNCF top-level project

Frederic Lardinois — Tue, 12 Nov 2024 17:21:38 +0000

Dapr, the Microsoft-incubated open source runtime for helping developers build secure and resilient distributed applications, has graduated from the Cloud Native Computing Foundation’s (CNCF) pool of incubating projects to become a top-level project at the same level of projects like Kubernetes, Prometheus, Istio, and Vitess. To graduate to this level, a project has to be […]

LocalStack raises $25M to help developers emulate and test cloud apps locally

Paul Sawers — Tue, 12 Nov 2024 15:00:00 +0000

Knowing how your cloud application will behave in production usually requires significant development and testing in the environment in which it will be deployed, be that AWS, Azure, Google Cloud, or wherever. But this can be a resource-intensive endeavor, particularly with issues relating to latency (the time it takes to constantly send data) and the […]

SUSE launches a cloud observability service

Frederic Lardinois — Tue, 12 Nov 2024 15:00:00 +0000

Luxembourg-based SUSE has long offered various services around its various Linux- and cloud-centric infrastructure and security tools. Yet what the company didn’t really offer before was a more traditional SaaS product. That’s changing now with the early access launch of SUSE Cloud Observability, a fully managed observability platform designed for Rancher-managed multi-cloud Kubernetes clusters. Rancher, […]

ScaleOps aims to take the frustration out of cloud management

Kyle Wiggers — Tue, 12 Nov 2024 14:00:07 +0000

ScaleOps, an automated cloud management platform, has closed a $58 million Series B, bringing its total raised to $80 million.

Red Hat is acquiring AI optimization startup Neural Magic

Kyle Wiggers — Tue, 12 Nov 2024 13:08:08 +0000

Red Hat, the IBM-owned open source software firm, is acquiring Neural Magic, a startup that optimizes AI models to run faster on commodity processors and GPUs. The terms of the deal weren’t disclosed. MIT research scientist Alex Matveev and professor Nir Shavit founded Somerville, Massachusetts-based Neural Magic in 2018, inspired by their work in high-performance […]

PointFive snaps up $20M for breakthrough tech to track usage across multiple clouds

Ingrid Lunden — Tue, 12 Nov 2024 13:01:32 +0000

Enterprise spending on cloud services continues to go up, up, up — to the tune of $675 billion this year — thanks to organizations’ firm embrace of software-as-a-service, the popularity of distributed working, and the arrival of compute-intensive tech like AI. A startup called PointFive believes it has found a better way to get a […]

Conduktor looks to gatekeep ‘bad data’ out of company’s apps

Kyle Wiggers — Tue, 12 Nov 2024 12:00:00 +0000

It was 2020, and Nicolas Orban, Stéphane Derosiaux, and Stéphane Maarek were beyond frustrated with Apache Kafka. The tool for handling real-time data streams simply couldn’t keep up with the trio’s engineering needs — particularly during the pandemic, when companies were rushing to embrace cloud services. “Many companies were finding it difficult to scale their […]

From self-driving cars to AI that writes enterprise software: Cogna founder raises $15M

Mike Butcher — Mon, 11 Nov 2024 13:28:52 +0000

A founder who was an early mover in the race to build autonomous vehicles has raised $15 million for his next act: a startup that claims its AI can write enterprise software on its own. Cogna — as the U.K.-based startup is called — is led by Ben Peters, the technical co-founder of Five AI, […]

Open source projects draw equity-free funding from corporates, startups, and even VCs

Paul Sawers — Sun, 10 Nov 2024 13:00:00 +0000

A dearth of funding for vital open source technologies is leading to a swath of support from startups, unicorns, corporations, and even venture capital firms. Last year, Bloomberg launched its FOSS (free and open source software) fund, committing up to $90,000 per year to various projects. And in October, Indian financial services company Zerodha launched […]