Wednesday, October 18, 2017

Commerce specialist Lightspeed POS raises $166M as it preps for an IPO in 2019

 E-commerce and digitally-based financial transactions have consistently been one of the biggest and most lucrative areas of the tech world, and today a commerce startup out of Canada is laying down its claim to be among the significant players in the field. Lightspeed POS, which provides point of sale, accounting, inventory management, purchasing analytics, and other related services to… Read More

Tuesday, October 17, 2017

Cisco using AI and machine learning to help IT predict failures

Cisco headquarters. We have known for some time that the number of signals coming from your IT systems surpassed the ability for humans to keep track of them years ago. Machines can help and have been for some time. The advent of artificial intelligence and machine learning has accelerated that ability and today, Cisco announced that it is using these technologies to help customers find failures before they… Read More

Feedzai closes $50M Series C to help banks and merchants identify fraud with AI

 Feedzai is announcing a $50 million Series C this morning led by an unnamed VC with additional capital from Sapphire Ventures. The six year old startup builds machine learning tools to help banks and merchants spot payment fraud. In today’s rapidly maturing world of fintech, Feedzai is trying to thread the needle between turnkey solution and customizable platform. With 60 clients… Read More

Docker gives into inevitable and offers native Kubernetes support

 When it comes to container orchestration, it seems clear that Kubernetes, the open source tool developed by Google, has won the battle for operations’ hearts and minds. It therefore shouldn’t come as a surprise to anyone who’s been paying attention that Docker announced native support for Kubernetes today at DockerCon Europe in Copenhagen. The company hasn’t given up… Read More

Monday, October 16, 2017

IBM launches two new services to help businesses move to the cloud

 IBM today announced two new services that are meant to make it easier for businesses to move their data and applications to the cloud. The company says the IBM Cloud Migration Services and IBM Cloud Deployment Services will make it easier and more affordable to migrate their existing workloads to the public cloud. Cloud Migration Services, as the name implies, helps businesses get ready to move… Read More

Friday, October 13, 2017

Red Hat continues steady march toward $5 billion revenue goal

 The last time I spoke to Red Hat CEO Jim Whitehurst in June 2016, he had set a pretty audacious goal for his company to achieve $5 billion in revenue. At the time, that seemed a bit far-fetched. After all, his company had just become the first open source company to surpass $2 billion in revenue. Getting to five represented a significant challenge because as he pointed out, the bigger you… Read More

Thursday, October 12, 2017

Google, IBM and others launch an open-source API for keeping tabs on software supply chains

 Thanks to containers and microservices, the way we are building software is changing. But you probably still want to know who built a given container and what’s running in it. To get a handle on this, Google, IBM and others today announced Grafeas, a new joint open-source project that provides users with a standardized way for auditing and governing their software supply chain. Read More