Zuora, the company that helps customers deal with subscription billing, and counts cloud companies like Box, Okta and DocuSign as customers, announced its intent to acquire Leeyo Software, Inc., a privately funded, boot-strapped startup that helps automate revenue recognition. The company did not reveal a purchase price. Leeyo is not just any revenue recognition company, though, because it… Read More

 Oakland, Calif.-based Ceres Imaging has raised $5 million in a Series A investment led by Romulus Capital. The startup uses cameras, sensors and software to pinpoint crop stress in the field for farmers, so that they can apply herbicides, pesticides and irrigation just where it’s needed. Ceres, like several other startups, started out with the notion to build a drone just for… Read More

 Whether flying food or medication to customers’ doors, drones for delivery have arrived. Businesses as far-ranging as UPS, Domino’s, Amazon and the hospital group Ticino EOC are testing drones. Still, most drones built for delivery only fly for a short time and distance. Now, a startup called Volans-i has developed long-range drones for business to business, express deliveries. Read More

 Nvidia’s ballooning GPU business and big bets on divisions like autonomous driving continue to look better and better, with the company’s shares jumping more than 10% after it reported its first-quarter earnings. In the first quarter this year, the company said it brought in $507 million in net income — up from $208 million in the first quarter a year ago. That doubled… Read More

 One of the beautiful things about owning a Google Chromebook laptop is the surprising lack of maintenance involved. The browser is essentially the OS and you connect to applications via the cloud. Everything gets updated automatically. Easy, peasy right? Well, it gets a bit more complicated when you bring a device into a mixed environment in the enterprise, and VMware announced a partnership… Read More

 Podium, a Utah-based enterprise software company specializing in customer review management has pulled in an over-subscribed $32 million Series A round, led by Accel Partners. Several sources close to the matter told us about this round, which we wrote about yesterday in an article about Utah-based Peak Ventures. However, Podium has now confirmed the numbers to TechCrunch. We were previously… Read More

 UK teleconference company StarLeaf, which sells cloud-based video and conferencing services to businesses, has taken on its first external capital almost ten years after being founded, back in 2008. The $40 million round is co-led by Highland Europe and Grafton Capital. Read More

 Most venture capital funds that have 27 exits under their belt are not in stealth. In fact, most venture capital firms today don’t even know what 27 exits looks like. But Dell Ventures, in stealth until today, has been steadily investing at a rate of about $100 million per year. The group certainly knows what the market is willing to buy. It’s seen nearly 37 percent of… Read More

 Utah-based Peak Ventures has closed on a second fund for $50 million, outpacing Kickstart Seed Fund as the seed VC firm with the largest coffers in the state thus far. Peak took in $23 million for the first fund and has since invested in local startups like Owlet and Homie as well as the New York-based Nigerian education startup Andela. Sid Krommenhoek and Jeff Burningham launched the fund… Read More

 As open source database architecture continues to grow in popularity, one of the bigger developers in the area has picked up some funding to target the opportunity. MariaDB Corporation, the company that develops solutions and contributes to the open-source SQL fork managed by the MariaDB Foundation, today announced that it has raised €25 million ($27 million) from the European Investment… Read More