There’s something of a trend around legacy software firms and their soaring valuations: Companies founded in dinosaur times are on a tear, evidenced this week with SAP‘s shares […]
Kleiner Perkins announces $2 billion in fresh capital, showing that established firms can still raise large sums
Many VC firms are struggling to attract new capital from their own backers amid a tepid IPO environment. But established, brand-name firms are still able to raise large […]
Massive authentication vulnerability risks compromising much of the internet
A new exploit found in the enterprise software MOVEit Transfer can have serious consequences for large swaths of the web.
Dust grabs another $16 million for its enterprise AI assistants connected to internal data
French startup Dust has raised a $16 million Series A funding round led by Sequoia Capital. With Dust, companies can create custom AI assistants and share them with […]
Backed by Deutsche Telekom and SoftBank, DTCP raises $450 million for its growth and early stage funds
There aren’t many growth funds in Europe, but one of them now has fresh capital to invest in enterprise companies: German investment management firm DTCP held the final […]
EvolutionaryScale, backed by Amazon and Nvidia, raises $142M for protein-generating AI
A relatively new startup called EvolutionaryScale has secured a massive tranche of cash to build AI models to generate novel proteins for scientific research. EvolutionaryScale today announced that […]
Friends & Family Capital, a fund founded by ex-Palantir CFO and son of IVP’s founder, unveils third $118M fund
Small VC firms require deep trust, mutual support, and long-term commitment among the partners —a kinship that, in many ways, resembles a family dynamic. Colin Anderson (Palantir’s ex-CFO […]
PowerSchool, provider of K-12 education software, to go private in $5.6B deal
Cloud-based education software vendor PowerSchool is being taken private by investment firm Bain Capital in a $5.6 billion deal. The announcement comes amid a swathe of take-private deals […]
Tektonic AI raises $10M to build GenAI agents for automating business operations
Only a few years ago, one of the hottest topics in enterprise software was ‘robotic process automation’ (RPA). It doesn’t feel like those services, which tried to automate […]
SAP to acquire digital adoption platform WalkMe for $1.5B
Enterprise software giant SAP is acquiring “digital adoption” platform providerWalkMe in an all-cash transaction worth $1.5 billion. WalkMe was valued at less than $880 million at the close […]