Kinetica scores $50 million Series A for super-charged in-memory database solution
Kinetica’s roots as a company go back to a 2009 consulting project for US intelligence services. When they couldn’t find a solution on the market to meet the strict demands of the army and NSA to track terrorists in real-time, they decided to build it. Today, it’s an in-memory database solution that relies on commodity hardware running Nvidia GPUs to supercharge the processing.… Read More

Nutanix began as a storage company, but always had a broader view of the computing world. As company president Sudeesh Nair told me, they started with storage because they believed legacy storage was holding back data center transformation. Today the company made another step beyond that initial vision, introducing two new products that they see as part of a larger hybrid cloud operating system.
Cloud computing is driving growth at 3 of the 5 most valuable companies in the world. AI will impact jobs only as quickly as AI-powered business software evolves. These are just two of the ramifications of disruptions in enterprise technology permeating mainstream media. Yet the inner workings of the tightly knit enterprise software industry are rarely publicized.
Intercom, a business messaging tool that enables companies to communicate directly with customers in an online context, announced today that it has hired former Intuit SVP Karen Peacock as company COO.
Egnyte had a big milestone last week. It turned 10 years old, which is a pretty big deal for a startup. The company has survived and even thrived, but as it moves into its second decade, it recognizes that it can’t live on file sync and share alone, and today it announced the general availability of a new product called Egnyte Protect. The product was introduced in Beta last year, but…
Salesforce launched three AI tools for developers today at the TrailheaDX developer conference. These algorithms, which fall under the new Einstein Platform Services, enable third-party developers to add Einstein intelligence to applications built on top of the Salesforce platform. The new services include sentiment and intent analysis and some pretty sophisticated image recognition…
When I spoke to Box CEO Aaron Levie last year at the Boxworks customer conference, I had to ask the obligatory machine learning question. Surely Box was of sufficient size with enough data running through its systems to take advantage of machine learning. All he would say was they were thinking about it. Today, the company announced a deepening relationship with Microsoft in which Box will…
Sumo Logic, the cloud-based log analysis platform, announced a $75 million round today, as the seven year old company could be entering the home stretch before an IPO. While CEO Ramin Sayar was not ready or willing to commit to an IPO timeline, he did admit it was the next logical step for the company, and that the size of the investment gives him the capital to build toward that event.…
Today Facebook, Microsoft, YouTube and Twitter collectively announced a new partnership aimed at reducing the accessibility of internet services to terrorists. The new Global Internet Forum to Counter Terrorism adds structure to existing efforts by the companies to target and remove from major web platforms recruiting materials for terror groups.
Amazon is working on an offering that would allow developers building apps and websites using AWS to translate their content to multiple languages, CNBC reports. The machine translation tech used to provide the multi-lingual versions of client products would be based on tech Amazon uses across its own products, the report claims. Translation services are a key competitive offering for Amazon…