Paul Gillin
Latest from Paul Gillin
SaltStack’s $15.5M Series A funding round is largest ever for an IT automation firm
Information technology infrastructure automation vendor SaltStack Inc. this week closed what it claims is the largest-ever Series A financing round in its market’s history. At $15.5 million, the infusion dwarfs the $2 million and $2.5 million raised by competitors Puppet Inc. and Chef Software Inc. in their Series A rounds, respectively. Both of those companies ...
Adaptive Insights spreads out into business and sales planning
Corporate performance management software provider Adaptive Insights Inc. is branching out from its base with new cloud-based services aimed at business planning and sales management. The company sells analytics-based tools that enable organizations to collaborate on business plans, standardize and streamline financial reporting and consolidate performance information faster and more consistently. Adaptive Insights, which has raised ...
Talend CEO sees gold in big data’s quickening shift to the cloud
The data integration market has long been dominated by giants like Informatica Corp. and IBM Corp., but Talend SA’s cloud-native approach continues to chip away at the stalwarts’ market share, according to its chief executive. On Tuesday, Talend reported a 36 percent surge in revenue in its fiscal fourth quarter, along with a 40 percent ...
NetApp earnings impress, but weak guidance sends shares plummeting
NetApp Inc.’s stock plunged almost 13 percent in early trading Thursday after the company issued only somewhat weaker-than-expected guidance for the current quarter. The shares recovered to fall only 5 percent by the end of the day. Nonetheless, it’s clear investors were unhappy despite the networked storage firm’s better-than-expected earnings for its fiscal third quarter reported Wednesday. Revenue ...
In IoT Cloud update, Oracle adds digital twins, machine vision and more
Oracle Corp. has added support for augmented reality, machine vision and digital twins while improving data science capabilities in version 4.0 of its “internet of things”-focused IoT Cloud for Industry, which was announced today. The IoT Cloud combines platform-as-a-service and software-as-a-service capabilities for industrial companies that want to collect and analyze information from sensors and ...
Oracle expands startup-nurturing program, adds first U.S. location
Oracle Corp. is expanding its efforts to nurture startups with a new virtual, nonresidential program that it’s rolling out globally today. The Oracle Scaleup Ecosystem builds upon the Oracle Startup Cloud Accelerator program that the database giant launched last year. The co-location centers in nine cities around the world provide mentoring, research and development resources, marketing ...
Model N adds price quotation and channel management to its Revenue Cloud
Model N Inc. today announced it’s overhauling its revenue management platform with new cloud-based features that automate the price quotation and configuration process and provide new visibility into omnichannel distribution. The San Mateo, California-based company, which focuses on the technology, manufacturing, media and life sciences industries, said it brings order to the often chaotic process of optimizing ...
LinkedIn nudges Sales Navigator closer to mainstream CRM use
Microsoft Corp. subsidiary LinkedIn is continuing to evolve its Sales Navigator software from an extension of the social network into a full-featured sales force productivity application. The latest release bears the first fruits of an open extension program the company launched last year via its Sales Navigator Application Platform initiative, with the goal of folding ...
Hortonworks turns cash flow-positive as customers sign bigger deals, but investors balk
Updated: Big-data company Hortonworks Inc. continues to make steady progress in its effort to convince skeptics — at least some of them — that a pure open-source business model can work in today’s software market. The company today reported total revenue of $75 million in the fourth quarter of 2017, up 44 percent from a ...
WalkMe adds predictive analytics to its platform for optimizing user experience
WalkMe Ltd., maker of a platform for understanding and improving user experience, has added predictive analytics capabilities to its intelligent assistant technology that interprets user behavior to predict next actions and provide context-sensitive responses. The company primarily targets its technology at e-commerce scenarios in which abandonment is a common problem, as well as at internal uses such ...
