Paul Gillin
Latest from Paul Gillin
Netskope lands $100M in new funding for its cloud-native security platform
Netskope Inc. is set to break out of the cloud security pack with a huge $100 million late-stage funding round announced today. The oversubscribed Series E round brings the company’s total funding to $231.4 million, an amount that will comfortably see it through to profitability, according to Chief Executive Sanjay Beri (pictured). Founded in 2012, ...
Adaptive Insights adds self-service features and targets software CFOs
Corporate performance management software vendor Adaptive Insights Inc. has brushed up its Adaptive Suite in version 2017.2, adding self-service analytics, user-configurable time modeling and improved flexibility and scalability. The company is also rolling out its first vertical package, targeting financial executives at software firms. The company made the announcements Wednesday. Self-service analytics addresses the hottest ...
How to find the silver lining in the EU’s looming General Data Protection Regulation penalties
With less than a year remaining until the European Union’s new General Data Protection Regulation kicks in, the level of hyperventilation in the business world has reached epic proportions. An April study by Veritas reports that 86 percent of organizations worldwide are concerned that that a failure to adhere to GDPR’s strong privacy guidelines could have a “major ...
LinkedIn buys sales productivity startup in a boost for its prospecting business
LinkedIn Corp. has acquired a small startup company that builds products that enhance sales and marketing productivity. Heighten Software Inc.‘s technology improves the sales process through better tracking, pipeline reporting and an intelligent notepad. It has only 10 employees but raised $7.4 million in funding prior to the LinkedIn buyout. Terms of the deal weren’t ...
VMware raises forecast, says digital transformation is lifting all tech boats, but investors yawn
VMware Inc. beat the earnings and revenue forecasts it had revised upward in January and raised guidance for the rest of the year, but investors responded apathetically, bidding the stock down slightly in after-hours trading. The virtualization giant reported revenue of $1.74 billion in the fiscal first quarter of 2018, up 9 percent from the same ...
HPE meets lowered expectations as execs insist worst is over, but investors not so sure
The word “down” appears 21 times in Hewlett Packard Enterprise Co.’s fiscal second-quarter earnings release, which gives you some indication of the challenges the company faces. HPE’s results were expected to be dismal, and the company surprised no one with earnings that met Wall Street expectations on a 13 percent plunge in revenue compared to the ...
CoreOS touts portability in enhanced container-management platform
CoreOS Inc. is adding features to its Tectonic container management platform as it welcomes 800 open source and container fans to its CoreOS Fest conference this week in San Francisco. The enhancements enable greater portability of applications across hybrid clouds while giving customers freedom to switch vendors and platforms, the company said. CoreOS sells a ...
Report: Risk management pros say their companies aren’t ready for the Internet of Things
Organizations are increasingly worried about the security risks of the Internet of Things, but have a few action plans for dealing with them, according to a new report by the Ponemon Institute and the Shared Assessments Program, an industry-standard body focused on third-party risk assurance. Ponemon surveyed 533 people who have a role in risk ...
Splunk beats earnings estimates, but slowdown in customer growth tugs on shares
Splunk Inc. beat analyst revenue and earnings-per-share estimates in its first fiscal quarter and raised its outlook for the full year, but it wasn’t good enough for investors. A slowdown in the company’s overall growth rate and a small decline in new-customer growth sent its shares down nearly 4 percent in immediate after-hours trading. Update: On ...
Controversial security unicorn Tanium adds $100 million to its war chest
Tanium Inc., the highly valued and highly controversial security software company, is selling $100 million of common stock in an apparent bid to enable early investors to cash in some of their shares. The new funding round is being led by TPG Growth, which was an early investor in the firm. It brings Tanium’s total ...
