Paul Gillin
Latest from Paul Gillin
Citing strong broad-based demand, Cisco Systems Inc. today reported fiscal second-quarter revenue and profit growth that beat analysts’ forecasts and the high end of its own guidance. Revenue rose 6% from a year ago, to $12.72 billion, ahead of analysts’ expectations of $12.66 billion. …
Uniphore’s $400M funding called largest ever in call center market
Uniphore Technologies Inc. said today it has closed the largest funding round ever for a company in the call center business: a $400 million late-stage investment that values the company at $2.5 billion. The Series E round, which brings Uniphore’s total funding …
Temporal raises $103M to accelerate development of stateful cloud applications
Temporal Technologies Inc. today announced a $103 million Series B funding round at a valuation of more than $1.5 billion, saying usage of its state management software is growing roughly 25% per month. The company has refined the description of its business …
Databricks extends vertical industry reach with analytics libraries for financial services
Databricks Inc., developer of an analytics platform based on the Apache Spark framework, today is broadening its push into vertical markets with Lakehouse for Financial Services, a set of pre-built accelerators and open-source libraries for uses in areas like compliance, risk management, …
Oracle boosts cloud supply chain suite amid ongoing disruptions
Oracle Corp. today announced a broad set of new logistics management capabilities within its Oracle Fusion Cloud Supply Chain & Manufacturing or SCM suite. Updates to Oracle Fusion Cloud Transportation Management and Oracle Fusion Cloud Global Trade Management are aimed at helping …
Startup Virsec Systems says it can eliminate the need for most cybersecurity tools
Having dwelt largely in the shadows for the past six years, cybersecurity startup Virsec Systems Inc. is now doing some flag-waving about its claim that it has developed a radical new approach to protection that can render most other security products unnecessary. Led by …
Starburst $250M funding round boosts valuation to $3.35B
Starburst Data Inc., which sells a commercial distribution of the Trino distributed SQL query engine, today kicks off its Datanova conference with the announcement that it has raised a $250 million late-stage funding round that values the company at $3.35 billion. Starburst, …
IBM flash storage line gets ransomware protection
IBM Corp. is bringing some of its mainframe data protection to users of its flash storage arrays and also refreshing the flash line with new models that are faster and can share data transparently both on-premises and in the cloud. The IBM …
Torii snags $50M in funding to help organizations control SaaS sprawl
Torii Labs Ltd., maker of a platform that helps businesses manage the proliferation of software-as-a-service applications, today said it raised $50 million in Series B financing, bringing its total funding to $65 million. The company is addressing a rapidly growing need in …
Red Hat adds persistent storage to OpenShift Platform suite
IBM Corp. subsidiary Red Hat Inc. today announced that Red Hat OpenShift Data Foundation – a type of software-defined storage for the modular and portable operating environments called containers — is now included in Red Hat OpenShift Platform Plus hybrid cloud platform. …