Paul Gillin
Latest from Paul Gillin
Data security startup Immuta Inc. today said it has raised a $100 million late-stage funding round that pegs the company’s valuation at $1 billion. The maker of software that secures access at the data level said the Series E round brings the …
Stellate raises $25M to build a global CDN network based on GraphQL
GraphCDN Inc. today announced that it has raised a $25 million Series A funding round and is changing its name to Stellate Inc., a word meaning star-shaped. The series A round brings the total the company has raised to $30 million. The new …
Software AG set to raise growth targets, CEO says
As he nears the four-year anniversary of his appointment as chief executive of Software AG, Sanjay Brahmawar is spending little time looking back at his accomplishments. There’s a new five-year plan to prepare. It has been an eventful six months for the …
CIOs welcome users’ bid for more IT budget control – mostly
When Richard Wiedenbeck became chief information officer of Ameritas Life Insurance Corp. 12 years ago, he encountered a siloed business structure in which each business unit fulfilled its own information technology needs. “IT was treated as back-office order-taking operation to an unhealthy …
Element brings semantic data platform to Azure Digital Twin cloud service
Element Analytics Inc., maker of a semantic data platform for use in industrial settings, today announced the availability of its Unify data management platform on Microsoft Corp.’s Azure Digital Twins cloud service. A digital twin is a software rendering of a physical …
Snowflake shares tumble as growth slows
Shares of once-high-flying software unicorn Snowflake Inc. are finally falling to earth. The stock price of the cloud data warehousing provider fell nearly 14% after-hours today on a weaker-than-expected full-year forecast amid signs of a slowdown in spending by large enterprise customers. …
Buildots raises $60M Series C funding in red-hot construction software market
Buildots Ltd., the developer of a construction management application, said it has raised $60 million in a Series C venture capital round, bringing its total funding to $106 million. The Tel Aviv-based firm’s software collects data from cameras mounted on hardhats and …
CIQ raises $26M to promote free alternative to Red Hat Linux
Ctrl IQ Inc., which does business as CIQ, said today it has raised a $26 million early-stage funding round to advance an alternative to Red Hat Inc.’s Enterprise Linux operating system. The Series A infusion brings the company’s total financing to $33 …
Red Hat rollout parade led by Enterprise Linux 9
Red Hat Inc. is kicking off its Red Hat Summit conference in Boston today with a sweeping set of announcements anchored by version nine of its flagship Red Hat Enterprise Linux operating system. Red Hat Enterprise Linux 9 is the first production …
Telus International CEO says tech stock slide is detached from reality
Telus International Inc. today reported its fourth positive earnings surprise in the past four quarters on 19% year-over-year revenue growth, substantially higher earnings and a forecast of continued double-digit revenue gains for the year with healthy profitability. But while the company stock …