LogRocket lands $15M Series B, announces new tool to track customer metrics

LogRocket is a startup on a mission to help companies root out and fix website app errors quickly and efficiently, and it seems to be going well. Today, the company announced a $15 million Series B investment led by Battery Ventures. The company also announced a new tool called LogRocket Metrics to help developers understand […]

Chronosphere launches with $11M Series A to build scalable, cloud-native monitoring tool

Chronosphere, a startup from two ex-Uber engineers who helped create the open-source M3 monitoring project to handle Uber-level scale, officially launched today with the goal of building a commercial company on top of the open-source project. It also announced an $11 million investment led by Greylock, with participation from venture capitalist Lee Fixel. While the […]

Workday to acquire online procurement platform Scout RFP for $540M

Workday announced this afternoon that it has entered into an agreement to acquire online procurement platform Scout RFP for $540 million. The company raised more than $60 million on a post valuation of $184.5 million, according to PitchBook data. The acquisition builds on top of Workday’s existing procurement solutions, Workday Procurement and Workday Inventory, but […]

Volterra announces $50M investment to manage apps in hybrid environment

Volterra is an early-stage startup that has been quietly working on a comprehensive solution to help companies manage applications in hybrid environments. The company emerged from stealth today with a $50 million investment and a set of products. Investors include Khosla Ventures and Mayfield, along with strategic investors M12 (Microsoft’s venture arm), Itochu Technology Ventures […]

Robocorp announces $5.6M seed to bring open-source option to RPA

Robotic Process Automation (RPA) has been a hot commodity in recent years as it helps automate tedious manual workflows inside large organizations. Robocorp, a San Francisco startup, wants to bring open source and RPA together. Today it announced a $5.6 million seed investment. Benchmark led the round, with participation from Slow Ventures, firstminute Capital, Bret […]

New Relic snags early-stage serverless monitoring startup IOpipe

As we move from a world dominated by virtual machines to one of serverless, it changes the nature of monitoring, and vendors like New Relic certainly recognize that. This morning the company announced it was acquiring IOpipe, a Seattle-based early-stage serverless monitoring startup, to help beef up its serverless monitoring chops. Terms of the deal […]

Datameer announces $40M investment as it pivots away from Hadoop roots

Datameer, the company that was born as a data prep startup on top of the open-source Hadoop project, announced a $40 million investment and a big pivot away from Hadoop, while staying true to its big data roots. The investment was led by existing investor ST Telemedia . Existing investors Redpoint Ventures, Kleiner Perkins, Nextworld […]

Demodesk scores $2.3M seed for sales-focused online meetings

Demodesk, an early-stage startup that wants to change how sales meetings are conducted online, announced a $2.3 million seed investment today. Investors included GFC, FundersClub, Y Combinator, Kleiner Perkins and an unnamed group of angel investors. The company was a member of the Y Combinator Winter 2019 cohort. CEO and co-founder Veronika Riederle says that […]

Databricks announces $400M round on $6.2B valuation as analytics platform continues to grow

Databricks is a SaaS business built on top of a bunch of open-source tools, and apparently it’s been going pretty well on the business side of things. In fact, the company claims to be one of the fastest growing enterprise cloud companies ever. Today the company announced a massive $400 million Series F funding round […]

Microsoft acquires Mover to help with Microsoft 365 cloud migration

Microsoft wants to make it as easy as possible to migrate to Microsoft 365, and today the company announced it had purchased a Canadian startup called Mover to help. The companies did not reveal the acquisition price. Microsoft 365 is the company’s bundle that includes Office 365, Microsoft Teams, security tools and workflow. The idea […]