Paul Gillin
Latest from Paul Gillin
Nutanix Inc. reported strong sales growth in its fiscal second quarter, sending its stock up nearly 3% in after-hours trading and continuing a string of robust earnings reports following the hammering it took on weak guidance a year ago. Total quarterly revenue …
Newcomer Katana Graph raises $28.5M as graph database fever intensifies
Katana Graph Inc., developer of a platform that analyzes large unstructured data sets using high-performance graph algorithms, announced today that it has raised $28.5 million in a new round of funding. The Series A financing, led by Intel Capital, will go toward …
Cloud misconfiguration still a big security problem, report finds
New research by infrastructure-as-code provider Accurics Inc. has found that poorly configured and managed cloud services – mostly resulting from the use of default security profiles or overly permissive configurations – continue to threaten the security of cloud development projects. The research …
Low-code platform maker OutSystems reels in $150M for a nearly $10B valuation
OutSystems Inc., the maker of a low-code software development platform, said today it has raised a $150 million late-stage funding round from an assortment of investors, giving it a total valuation of $9.5 billion and more than $570 million in total financing. …
Databricks cozies up to Google Cloud with BigQuery integration and first-ever container support
Data analytics unicorn Databricks Inc. and Google LLC’s cloud today unit announced a partnership that will integrate Databricks’ distributed query platform with Google’s BigQuery data warehouse. The partnership will leverage the Google Kubernetes Engine to enable Databricks to work in a containerized …
TigerGraph lands $105M as cloud analytics feeding frenzy continues
Providing further evidence of businesses’ growing interest in the unique strengths of graph database technology, TigerGraph Inc. today announced it has raised $105 million in new funding, calling the event the largest single funding round ever in its market. With this Series …
Spurred by COVID, low-code market enters hypergrowth, says Gartner
The worldwide market for low-code development tools will grow nearly 23% this year, to $13.8 billion, driven in part by a surge in do-it-yourself projects initiated in response to the COVID-19 pandemic. That’s according to Gartner Inc. research released today, which also …
Labelbox raises $40M to automate data labeling in AI model development
Labelbox Inc., which makes software that speeds the labeling of training data in machine and deep learning applications, today said it closed a $40 million Series C funding round, bringing its total funding to $79 million. The company declined to release its …
VMware and Accenture team up on app modernization venture
Accenture Plc and VMware Inc. today said they’re expanding a partnership and launching a new business group focused on accelerating cloud migration to the cloud, modernizing applications and using the cloud as a foundation for new business models. The Accenture VMware Business …
Dynatrace fortifies security and automation for cloud-native development
Application performance management company Dynatrace Inc. is already enhancing the Application Security Module it released only in December. Improvements announced today include extending Dynatrace’s machine learning-based risk assessment for applications running on Node.js, which is a popular runtime environment for programs written …