Tuesday, October 3, 2017

Investors place $25M on AtScale to get the big picture of big data

 AtScale, a four-year old startup that helps companies get a big-picture view of their big data inside their BI tools, announced a $25 million Series C investment today. The round was led by Atlantic Bridge with participation from new investors Wells Fargo and Industry Ventures along with returning investors Storm Ventures, UMC, Comcast and XSeed Capital. With today’s investment, the… Read More

Monday, October 2, 2017

Truphone raises $339M to retire debt and step up in connecting IoT devices

 Truphone, a mobile company based out of London that made a name for itself through low-cost international mobile voice and data plans, is taking a very big step forward in a strategy to catapult itself into the future of communications: the company has picked up a massive £255 million ($339 million), funding that it will use to retire its debt and double down on providing data connectivity… Read More

AWS fires back at Larry Ellison’s claims, saying it’s just Larry being Larry

 When Oracle chairman Larry Ellison announced his company’s new autonomous database product at the Oracle OpenWorld conference keynote, he took several minutes to disparage AWS, one of his chief rivals in the cloud market. As market leader, Amazon stands firmly in Ellison’s crosshairs, but AWS took exception to his comments, and decided to issue a public rebuke. The company was… Read More

ServiceNow just bought a design firm because even enterprise apps have to look pretty

 ServiceNow is best known for helping large organizations organize field service and help desk activity. Today it bought design firm Telepathy because it knows that offering enterprise-class functionality isn’t enough anymore. Your applications have to look good too. The company did not reveal the acquisition price Telepathy is a design firm that was founded in 2001 in San Diego and… Read More

Oracle adds AI development service to platform offerings

 Oracle came late to the cloud and it’s been playing catchup in recent years trying to add a wide range of services that customers are going to be demanding from a cloud vendor. To that end, the company added artificial intelligence as a service to its dance card today at Oracle OpenWorld. The company has been busy today with a flurry of announcements including a new autonomous database as… Read More

Oracle climbs on blockchain bandwagon with new cloud service

 Oracle is working hard to be a SaaS vendor that matters, whether with its new autonomous database service or getting involved with blockchain. Today, the database giant announced a new blockchain service at Oracle OpenWorld that aims to give enterprise customers who want to get involved with the blockchain, a fully managed approach. “There are not a lot of production-ready… Read More

Larry Ellison pokes AWS while unveiling intelligent database service at Oracle OpenWorld keynote

 Oracle is far behind in the cloud and chairman Larry Ellison knows it, so he takes whatever opportunity he can to take a swipe at market leader AWS. Last night’s Oracle OpenWorld keynote was no exception. When Ellison introduced the company’s new autonomous database, he couldn’t resist going after his chief rival while he was at it. The autonomous database actually does… Read More