MongoDB prices its IPO at $24 per share

October 19, 2017 No Comments

 MongoDB has finished up what is essentially the final step in going public, pricing its IPO at $ 24 and raising $ 192 million in the process. The company will debut on the public markets tomorrow and will once again test the waters for companies that are looking to build full-fledged businesses on the back of open-sourced software. MongoDB provides open-sourced database software that can be… Read More
Enterprise – TechCrunch

Red Hat continues steady march toward $5 billion revenue goal

October 15, 2017 No Comments

 The last time I spoke to Red Hat CEO Jim Whitehurst, he had set a pretty audacious goal for his company to achieve $ 5 billion in revenue. At the time, that seemed a bit far-fetched. But the company has continued to thrive and is on track to pass $ 3 billion in revenue some time in the next couple of quarters. Read More
Enterprise – TechCrunch

Everything announced at Oculus’ Connect 4 VR conference

October 12, 2017 No Comments

 Standalone headsets, VR replacements for your computer monitor and ways to share VR to the News Feed were highlights of today’s big Oculus conference. Click through or scroll down to get just the need-to-know info and GIFs from our in-depth coverage of Facebook’s vision for the future of virtual reality.
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Enterprise – TechCrunch

Spiro raises $3M to build CRM tools for businesses that don’t like CRM

October 8, 2017 No Comments

Spiro Laptop and iPhone Spiro aims to sell CRM software to businesses that have been avoiding traditional CRM products. CEO Adam Honig told me that he and his co-founders originally set out to build artificial intelligence products that could assist with CRM. But then they started hearing from companies that weren’t using any CRM at all. So the team ended up broadening its approach. Read More
Enterprise – TechCrunch

Rasa Core kicks up the context for chatbots

October 5, 2017 No Comments

 Context is everything when dealing with dialog systems. We humans take for granted how complex even our simplest conversations are. That’s part of the reason why dialog systems can’t live up to their human counterparts. But with an interactive learning approach and some open source love, Berlin-based Rasa is hoping to help enterprises solve their conversational AI problems. The… Read More
Enterprise – TechCrunch

Accela gets acquired by Berkshire Partners as it looks to move govtech services to the cloud

October 1, 2017 No Comments

 Boston-based private equity shop Berkshire Partners announced this afternoon that it is acquiring Accela — a nearly 20 year old startup that sells regulatory management solutions to government clients. Accela has gone through a troika of CEOs in the last year. Previously acting CEO Mark Jung replaced Maury Blackman last October who had managed the company for about a decade. We… Read More
Enterprise – TechCrunch

Microsoft becomes a sponsor of the Open Source Initiative

September 27, 2017 No Comments

 Microsoft today announced that it has joined the Open Source Initiative (OSI) as a Premium Sponsor. The OSI, which launched in 1998, takes a relatively pragmatic approach to open source and advocates for open source in business and government. The OSI also reviews open source licenses, which are often vendor specific, to ensure that they conform to “community norms and… Read More
Enterprise – TechCrunch

Database provider MongoDB has filed to go public

September 24, 2017 No Comments

 MongoDB, a database software company based in New York, has filed to go public with the Securities and Exchange Commission as it continues to burn a ton of cash despite its revenue almost doubling year-over-year. The company, which provides open-source database software that became very attractive among early-stage startups, is one of a myriad of companies that have sought to go public by… Read More
Enterprise – TechCrunch

Pymetrics attacks discrimination in hiring with AI and recruiting games

September 20, 2017 No Comments

 Identify the traits of your top performing employees and hire people like them, but without the discrimanatory bias of traditional recruiting. That’s the promise of Pymetrics, an artificial intelligence startup that today announced $ 8 million in new funding onstage at TechCrunch Disrupt SF. Read More
Enterprise – TechCrunch

A typical day for researchers on Google’s Brain Team

September 17, 2017 No Comments

 What do you and researchers on Google’s Brain Team have most in common? You both probably spend a lot of time triaging email. In a Reddit AMA, 11 Google AI researchers took time to share the activities that consume the greatest chunks of their days. Email was a frequent topic of conversation, in addition to less banal activities like skimming academic papers and brainstorming with… Read More
Enterprise – TechCrunch