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Posts Categorized / Hi Tech

  • Dec 08 / 2018
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Hi Tech

Why you need a supercomputer to build a house

When the hell did building a house become so complicated? Don’t let the folks on HGTV fool you. The process of building a home nowadays is incredibly painful. Just applying for the necessary permits can be a soul-crushing undertaking that’ll have you running around the city, filling out useless forms, and waiting in motionless lines […]

  • Dec 07 / 2018
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Hi Tech

Pivotal announces new serverless framework

Pivotal has always been about making open-source tools for enterprise developers, but surprisingly, up until now, the arsenal has lacked a serverless component. That changed today with the alpha launch of Pivotal Function Service. “Pivotal Function Service is a Kubernetes-based, multi-cloud function service. It’s part of the broader Pivotal vision of offering you a single […]

  • Dec 07 / 2018
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Hi Tech

IBM selling Lotus Notes/Domino business to HCL for $1.8B

IBM announced last night that it is selling the final components from its 1995 acquisition of Lotus to Indian firm HCL for $1.8 billion. IBM paid $3.5 billion for Lotus back in the day. The big pieces here are Lotus Notes, Domino and Portal. These were a big part of IBM’s enterprise business for a long […]

  • Dec 06 / 2018
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Hi Tech

Contentful raises $33.5M for its headless CMS platform

Contentful, a Berlin- and San Francisco-based startup that provides content management infrastructure for companies like Spotify, Nike, Lyft and others, today announced that it has raised a $33.5 million Series D funding round led by Sapphire Ventures, with participation from OMERS Ventures and Salesforce Ventures, as well as existing investors General Catalyst, Benchmark, Balderton Capital and Hercules. In […]

  • Dec 06 / 2018
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Hi Tech

Looker snags $103 million investment on $1.6 billion valuation

Looker has been helping customers visualize and understand their data for seven years now and today it got a big reward, a $103 million Series E investment on a $1.6 billion valuation. The round was led by Premji Invest with new investment from Cross Creek Advisors and participation from the company’s existing investors. With today’s […]

  • Dec 06 / 2018
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Hi Tech

LeanIX, the SaaS that lets enterprises map out their software architecture, closes $30M Series C

LeanIX, the Software-as-a-Service for ‘Enterprise Architecture Management’, has closed $30 million in Series C funding. The round is led by Insight Venture Partners, with participation from previous investors Deutsche Telekom Capital Partners (DTCP), Capnamic Ventures, and Iris Capital. It brings LeanIX’s total funding to nearly $40 million since the German company was founded in 2012. […]

  • Dec 05 / 2018
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Hi Tech

Workato raises $25M for its integration platform

Workato, a startup that offers an integration and automation platform for businesses that competes with the likes of MuleSoft, SnapLogic and Microsoft’s Logic Apps, today announced that it has raised a $25 million Series B funding round from Battery Ventures, Storm Ventures, ServiceNow and Workday Ventures. Combined with its previous rounds, the company has now received investments […]

  • Dec 05 / 2018
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Hi Tech

Camunda hauls in $28M investment as workflow automation remains hot

Camunda, a Berlin-based company that builds open source workflow automation software, announced a €25 million (approximately $28 million) investment from Highland Europe today. This is the company’s first investment in its 10-year history. CEO and co-founder Jakob Freund says the company has been profitable since Day One, but decided to bring in outside capital now […]

  • Dec 05 / 2018
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Hi Tech

Salesforce wants to deliver more automated field service using IoT data

Salesforce has been talking about the Internet of Things for some time as a way to empower field service workers. Today, the company announced Field Service Lightning, a new component designed to deliver automated IoT data to service technicians in the field on their mobile devices. Once you connect sensors in the field to Service […]

  • Dec 05 / 2018
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Hi Tech

Pindrop raises $90M to bring its voice-fraud prevention to IoT devices and Europe

When it comes to how humans communicate with each other or with machines, voice is a major interface, with growth in the latter fuelled by the rise of artificial intelligence, faster computing technology and an explosion of new devices — some of which only, or primarily, work with voice commands. But the supreme reign of voice has […]