$100 million plus in tech funding, new partnerships from DocuSign, Sigma Computing, Informatica, Siren and much more, this week in IT.
FUNDING
Fivetran Bags $100M in Series C
Data automation company FivetranOpens a new window has joined the unicorn club with its latest Series C funding of $100 million, bringing its valuation to $1.2 billion. The funding was co-led by General Catalyst and Andreessen Horowitz along with existing investors. Fivetran has ridden the wave of cloud migrations since the COVID-19 pandemic necessitated remote work globally, accelerating demand for the kind of automated cloud data migrations software they provide.
Prisma Raises $12M for Database Tools
Developer favourite PrismaOpens a new window announced that the company had raised $12 million in Series A funding led by Amplify Partners. They will continue building the next generation of database tools as well as launch Prisma 2.0, with the aim of ‘making databases easier for application developers with an open-source database tool-kit’.
PARTNERSHIP, MERGERS & ACQUISITIONS
Commvault and Microsoft Join Hands to Deliver SaaS and Cloud Technology
Global enterprise software company CommvaultOpens a new window and Microsoft have entered into a multi-year agreement to integrate Commvault’s go-to-market, engineering, and sales functions of their Metallic Software-as-a-Service (SaaS) data protection portfolio with Microsoft Azure.
“We’ve been Commvault users since 2009. When it came time to upgrade our environment in 2015, it gave us the opportunity to reimagine how we do backups. By re-implementing Commvault to take full advantage of new Microsoft technologies like Office 365 and the Azure cloud, we created a path to get out of the on-premise data management business. Together, Commvault and Microsoft have delivered cost-effective performance, elastic scale, and multi-layer security with world-class data protection for cloud-native workloads,†said Steven L. Hellyer, Information Technology Director, City of Everett, while speaking to Toolbox regarding the Commvault Microsoft Partnership.
Tech News: New Backup-as-a-Service Solutions Address the Urgent Need for Data ProtectionOpens a new window
UJET and Calabrio All Set To Enhance Cloud Contact Center
Cisco’s recent surveyOpens a new window about cloud contact servers found that 62% of respondents planned to implement a cloud contact center in the next 18 months. Cloud contact center solutions provider UJET has partneredOpens a new window with customer experience intelligence company Calabrio, to help support teams quickly deploy cloud contact centers that deliver efficient, empathetic, and consistent customer experiences across every channel. The partnership will combine UJET’s new customer support with Calabrio’s leading workforce and customer engagement solutions, and deliver a cloud-native, digital-first, and human-centric platform.
Stradigi AI Joins Terra Numerata Global Network Enabling Rapid AI Deployment
Stradigi AIOpens a new window , a leading North American artificial intelligence software company, announced that it had joined Terra Numerata, Roland Berger’s global network of partners. As part of the team, Stradigi AI will address clients’ needs for business-driven AI solutions and will also present expansion opportunities to the company.
Sigma Computing and Snowflake for Data Governance on Cloud
Bay Area cloud-native analytics and business intelligence (A&BI) innovator Sigma ComputingOpens a new window and cloud data platform Snowflake have deepened their partnership to deliver enhanced security, faster time to insight, and better user experience support. The collaboration will deploy Sigma on the snowflake cloud data platform.
Siren Joins IBM Q-Credi AIMart To Deliver Analytics and Data Science Portfolio in South America
Investigative intelligence analytics provider SirenOpens a new window , announced a strategic partnership with AIMART, the Brazilian consultancy that specializes in detecting sophisticated frauds and financial crimes. As part of the agreement, Siren will join IBM and Q-Credi to become a part of the best breed analytics and data science portfolio delivering for the South American marketplace.
Tech News: Siren Takes Graph AI Capabilities to the Next Level With New ReleaseOpens a new window
DocuSign Acquires Liveoak Technologies for $38M
DocuSign has acquiredOpens a new window the Autin-based Liveoak Technologies, integrating DocuSign eSignature with Liveoak’s secure agreement-collaboration platform. The acquisition will enhance and accelerate the launch of DocuSign’s new product in the Agreement Cloud Suite for remote online notarization. It will deploy audio-visual technology to complete a notarial act when the signatories and the notary public are in different places.
Informatica Acquires Compact Solutions
Enterprise cloud data management company Informatica acquired Compact Solutions LLCOpens a new window . The acquisition will bring expanded metadata management to the Informatica Intelligent Data Platform, and will enhance Informatica’s capabilities to catalog and govern virtually all types of enterprise data, including complex enterprise systems.
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