Palo Alto Networks announced today that it intends to acquire security startup Demisto for $560 million. The company sees a tool that can help enhance the Palo Alto security portfolio by adding a higher level of automation. “The addition of Demisto’s orchestration and automation technologies will accelerate Palo Alto Networks...
As online gaming becomes the new social forum for living out virtual lives, a new startup called Medal.tv has raised $3.5 million for its in-game clipping service to capture and share the Kodak moments and digital memories that are increasingly happening in places like Fortnite or Apex Legends. Digital...
Redis Labs, a startup that offers commercial services around the Redis in-memory data store (and which counts Redis creator and lead developer Salvatore Sanfilippo among its employees), today announced that it has raised a $60 million Series E funding round led by private equity firm Francisco Partners. The firm...
SendBird, a San Francisco area startup, helps developers add messaging to their apps with a couple of lines of code. It’s an idea similar to Stripe for payments or Twilio for communications. Today, the company announced a $52 million Series B investment. The round was led by Iconiq Capital....
Some interesting M&A is afoot in the world of hardware and software that’s aiming to improve the quality of audio and video communications over digital networks. GN Group — the Danish company that broke new ground in mobile when it inked deals first with Apple and then Google...
After raising $24 million in funding led by Salesforce in April 2018, the startup IFTTT — which provides an API platform so that people can create short scripts for apps to work together — has announced that its co-founder Linden Tibbets has stepped down as CEO after 10...
If a picture is worth a thousand words, how many emails can you replace with a video? As offices fragment into remote teams, work becomes more visual, and social media makes us more comfortable on camera, it’s time for collaboration to go beyond text. That’s the idea behind...
If a picture is worth a thousand words, how many emails can you replace with a video? As offices fragment into remote teams, work becomes more visual, and social media makes us more comfortable on camera, it’s time for collaboration to go beyond text. That’s the idea behind...
Meet Metronaut, an app for smartphones and tablets that could change the way you play classical music. The startup behind the app, Antescofo, raised a $4.5 million funding round (€4 million) and has attracted 160,000 downloads. Daphni and OneRagTime are leading the round, with Nobuyuki Idei, Yann LeCun, Sophie...
The money is starting to flow from India’s largest startup exit. Ola has added a major name to its ongoing financing round after it confirmed that Flipkart co-founder Sachin Bansal has invested 650 crore INR (around $92 million) into the Indian ride-hailing business. The deal rumored in January when Paper.vc,...