Category Archives: Tech News

Sendbird raises another $16M to help developers add chat functions to a service

Posted by on 19 December, 2017

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 If you go to any company’s website these days, you’re probably starting to see some chat functionality more and more often — and for good reason, as it’s a quick way for those companies to get in touch with their potential customers. And Sendbird, which launched in February this year out of Y Combinator, has tried to quietly begin eating up this space by giving… Read More

Bima raises $97M from Allianz for microinsurance aimed at emerging markets

Posted by on 19 December, 2017

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 On the heels of Lemonade raising $120 million from Softbank for its new “peer-to-peer” spin on insurance services, another company aimed at disrupting the insurance market is announcing a major round of its own. Bima, a European startup that builds and sells “microinsurance” services for low-income consumers in Africa, Asia and Latin America, has raised $96.6 million in… Read More

InVision is investing $5 million in design startups with new fund

Posted by on 19 December, 2017

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 InVision, the platform for creation and collaboration among designers, has today announced the launch of the InVision Fund. Led by CEO Clark Valberg, the company is designating $5 million to invest in startups working in the design space. “The world is giving birth to all of these little design tools meant to make the world of design better,” said Valberg. “We think of… Read More

As Kubernetes surged in popularity in 2017, it created a vibrant ecosystem

Posted by on 18 December, 2017

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 For a technology that the average person has probably never heard of, Kubernetes surged in popularity in 2017 with a particular group of IT pros who are working with container technology. Kubernetes is the orchestration engine that underlies how operations staff deploy and manage containers at scale. (For the low-down on containers, check out this article.) In plain English, that means that as… Read More

Oracle to buy construction collaboration software maker Aconex for $1.2B in cash

Posted by on 17 December, 2017

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 Oracle will pay $1.2 billion in cash to buy construction software developer Aconex, the companies announced today. Based in Melbourne, Aconex’s cloud-based software allow teams working on building projects to collaborate and share documents. Oracle agreed to pay AUD $7.80 (about $5.97) per share in cash for a total of $1.2 billion. This price represents a 47% premium over… Read More

Adobe had a record quarter, but still has substantial untapped potential

Posted by on 15 December, 2017

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 Adobe announced a record quarter yesterday with $2.01 billion in revenue for Q42017. That represents a healthy 25 percent year over year increase for the company, but about half of that continues to come from Creative Cloud. Experience Cloud, which includes Adobe Marketing Cloud, Adobe Analytics Cloud and Adobe Advertising Cloud in many ways represents promise for even greater revenue in… Read More

Xage emerges from stealth with a blockchain-based IoT security solution

Posted by on 14 December, 2017

This post was originally published on this site

 Getting the myriad of devices involved in the industrial internet of things provisioned and communicating with one another in a secure way will be one of the great technological challenges facing companies in the coming years. Xage (prounounced Zage) emerged from stealth today with a blockchain-based security solution that could help simplify this. The company also announced that Duncan… Read More

Andrew Ng’s Landing.ai wants to bring artificial intelligence to the manufacturing industry, starting with Foxconn

Posted by on 14 December, 2017

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 AI pioneer Andrew Ng is probably best known for his work on the Google Brain project and for leading Baidu’s AI group. After leaving Baidu earlier this year, it wasn’t quite clear what exactly Ng was up to, but today he announced the launch of Landing.ai, a new startup that focuses on bringing artificial intelligence to the manufacturing industry. Read More

Instana raises $20 million for its microservice monitoring and management service

Posted by on 14 December, 2017

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 Instana, a company that helps enterprises monitor and manage their microservice deployments with the help of automation and artificial intelligence, today announced that it has raised a $20 million Series B round led by Accel, with participation from existing investor Target Partners. This brings Instana’s total funding to $26 million to date. Launched in 2015, Instana bills itself as… Read More

Microsoft makes Azure Bot Service generally available for developers

Posted by on 13 December, 2017

This post was originally published on this site

 Microsoft introduced the Azure Bot Framework more than two years ago and companies have been building chatbots for a variety of scenarios ever since. Today, the company made generally available the Microsoft Azure Bot Service and Microsoft Cognitive Language Understanding service (known as LUIS). Read More

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