Cloud – SiliconANGLE

Sysdig extends Wireshark’s legacy with Stratoshark for cloud environments

Duncan Riley — Wed, 22 Jan 2025 15:00:38 +0000

Cloud-native application security firm Sysdig Inc. today announced the launch of Stratoshark, a new open-source tool that extends Wireshark granular network visibility into the cloud and provides users a standardized approach to cloud system analysis. Wireshark is a free, open-source network protocol analyzer that allows users to capture and interactively examine network traffic in real time for […]

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Render Services raises $80M to try to make AWS and other cloud infrastructure platforms obsolete

Mike Wheatley — Tue, 21 Jan 2025 16:00:42 +0000

Developer-focused cloud infrastructure startup Render Services Inc. says it’s ready to disrupt traditional giants such as Amazon Web Services Inc. and Microsoft Corp. after raising $80 million in a new round of funding. Today’s Series C round was led by Georgian and saw participation from 01A, a new venture capital firm headed by former Twitter […]

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Dave Vellante’s Breaking Analysis: The complete collection

Dave Vellante — Mon, 20 Jan 2025 11:33:12 +0000

Breaking Analysis is a weekly editorial program combining knowledge from SiliconANGLE’s theCUBE with spending data from Enterprise Technology Research. Branded as theCUBE Insights, Powered by ETR, the program is our opportunity to share independent, unfiltered editorial with SiliconANGLE, theCUBE and Wikibon communities. The program and conclusions we produce are data-driven, tapping ETR’s proprietary spending data set. Episode 221 – […]

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Transformation in billing: Metronome offers usage-based tech for the AI era

Mark Albertson — Sun, 19 Jan 2025 20:41:14 +0000

The story of Silicon Valley has been written by many engineers who got their start at a large tech firm, saw an opportunity to build something better, and started their own company to transform the way that business gets done. That’s the path followed by Metronome Inc. co-founder and Chief Executive Scott Woody. Woody previously worked at […]

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NetApp sells Spot and CloudCheckr to cloud cost control company Flexera

Mike Wheatley — Thu, 16 Jan 2025 01:50:06 +0000

NetApp Inc. is selling a portfolio of its software assets to the cloud cost management specialist Flexera Software LLC. Today’s announcement revealed that Flexera will acquire parts of NetApp’s Spot by NetApp and CloudCheckr products in a deal. The financial terms of the deal were not disclosed, but it’s valued at about $100 million, Bloomberg reported, […]

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Red Hat releases OpenShift for virtualization and tools for multicloud traffic management

Paul Gillin — Wed, 15 Jan 2025 14:00:32 +0000

IBM Corp. subsidiary Red Hat today announced the general availability of the Red Hat OpenShift Virtualization Engine, a version of the OpenShift orchestration platform that’s geared exclusively toward virtualization workloads. The company also announced the general availability of Red Hat Connectivity Link, a hybrid multicloud traffic management, policy enforcement and role-based access control platform for […]

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ControlMonkey gets $7M in funding to automate cloud infrastructure management with code

Mike Wheatley — Wed, 15 Jan 2025 14:00:12 +0000

Terraform automation startup ControlMonkey Ltd. said today it has closed on a $7 million seed funding round co-led by Lool Ventures and Joule Ventures, which coincides with the global launch of its platform. Gaia Ventures and its founder Deepak Krishnamurthy also participated in the round, alongside a number of angel investors. The startup has built […]

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Confluent’s real-time data engine accelerates AI innovation via Google Cloud Marketplace

Victoria Gayton — Tue, 14 Jan 2025 18:00:57 +0000

The rapid evolution of artificial intelligence and cloud computing is reshaping how organizations manage and utilize data. In this dynamic landscape, real-time data streaming has emerged as a critical enabler for operational agility and AI readiness. By allowing companies to process, analyze and act on data as it flows, this technology transforms traditional batch-based systems […]

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Clearwater acquires Enfusion in $1.5B financial software deal

Maria Deutscher — Mon, 13 Jan 2025 22:19:21 +0000

Clearwater Analytics Holdings Inc. today announced plans to acquire Enfusion Inc., a fellow provider of financial software, for $1.5 billion in cash and stock. The offer amounts to $11.5o per share. That’s a 32% premium to Enfusion’s closing price on Sept. 19, the day before word leaked about the acquisition. Clearwater Analytics plans to finance […]

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Oracle touts speedy vector search in new Exadata machine

Paul Gillin — Tue, 07 Jan 2025 16:00:48 +0000

Oracle Corp. today is rolling out the latest version of its Exadata database-optimized computing platform, claiming 55% better performance on vector searches used in artificial intelligence model training, 2.2 times faster analytics scanning throughput and 25% speedier transaction processing performance than its predecessor. The Exadata X11M succeeds the Exadata X10M, which was introduced 18 months […]

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Thomson Reuters snaps up AI-powered tax automation startup SafeSend for $600M

Mike Wheatley — Fri, 03 Jan 2025 00:50:00 +0000

The global media organization and technology services provider Thomson Reuters Corp. said today it has acquired the tax automation software company SafeSend in a $600 million all-cash deal. Michigan-based SafeSend, officially known as cPaperless LLC, was founded in 2008. It built a cloud-based platform that’s designed to automate the processing and management of sensitive financial […]

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Netflix files suit against Broadcom over VMware virtual machine patents

Kyt Dotson — Tue, 24 Dec 2024 18:00:08 +0000

Video streaming giant Netflix Inc. is suing Broadcom Inc. over virtual machine patents owned by the company’s subsidiary VMware Inc. According to the lawsuit filed with a California federal court by Netflix Monday, the company said VMware’s cloud software infringes on five patents related to virtual machines. Three of the patents Netflix said VMware infringes […]

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Inside AWS’ evolving role in the expanding Kubernetes ecosystem

Victor Dabrinze — Tue, 24 Dec 2024 16:43:18 +0000

A key theme at this year’s re:Invent has been improved developer experience, with the general discourse tying into Kubernetes’ expanding role as the platform clocks 10 years. For its part, Amazon Web Services Inc. has largely contributed to Kubernetes’ growth, with developments such as EKS Auto Mode and Hybrid Nodes serving as testaments to that […]

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Financial services giant Fiserv buys Payfare to move into gig economy financing

Mike Wheatley — Tue, 24 Dec 2024 00:47:00 +0000

The financial infrastructure services firm Fiserv Inc. said today it has entered into an agreement to acquire the Canadian payments startup Payfare Inc. for C$201.5 million ($140 million) in a deal that will enable it to expand its payments offerings for gig economy workers. Fiserv is a major player in the financial technology sector, offering […]

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Accenture’s stock moves higher as generative AI demand powers strong earnings beat

Mike Wheatley — Fri, 20 Dec 2024 00:49:23 +0000

Shares of the professional services company Accenture plc moved higher after it posted a strong earnings and revenue beat in its fiscal 2025 first quarter and increased its outlook for the full year. The company reported earnings before certain costs such as stock compensation of $3.59 per share, easily beating Wall Street’s target of $3.42 […]

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Nuon raises $16.5M to transform software-as-a-service deployment

Mike Wheatley — Wed, 18 Dec 2024 04:27:05 +0000

Nuon Inc. said today it has raised $16.5 million in funding to coincide with the launch of an early access version of its novel Bring Your Own Cloud platform for third-party software providers. Today’s round was led by M12 and saw participation from a host of other prominent backers, including Uncork Capital, Redpoint Ventures, Alumni […]

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Three insights you might have missed from AWS re:Invent

Mark Albertson — Fri, 13 Dec 2024 22:50:20 +0000

The AWS re:Invent gathering in Las Vegas last week provided several newsworthy announcements, including the cloud giant’s entry into the world of AI foundation models with the release of Amazon Nova, along with major enhancements for Amazon Bedrock, Amazon SageMaker and Q Developer. Yet beyond the announcement publicity generated was a clear statement from Amazon […]

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Software maker ServiceTitan rockets 42% in stock market debut

Maria Deutscher — Thu, 12 Dec 2024 20:10:01 +0000

Shares of ServiceTitan Inc. jumped 42% in their trading debut today after the company raised about $625 million through its initial public offering. The listing marks the first major tech IPO since Rubrik Inc. floated on the NYSE in April. ServiceTitan, which makes software for trade businesses, sold 8.8 million shares for $71 apiece. That’s well above […]

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Digital accessibility design startup Evinced raises $55M

Mike Wheatley — Thu, 12 Dec 2024 14:30:28 +0000

Website and mobile application accessibility startup Evinced Inc. said today it has closed on its biggest funding round to date, raising $55 million. The Series C round was led by Insight Partners and saw participation from previous backers such as M12, BGV, Capital One Ventures and Engineering Capital, as well as a new investor in […]

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Cofactr secures $17.2M to expand supply chain tools for high-compliance industries

Duncan Riley — Thu, 12 Dec 2024 14:00:08 +0000

Supply chain and logistics management platform startup Cofactr Inc. announced today that it has raised $17.2 million in new funding to scale up its go-to-market efforts and grow its supply chain risk management and process tools suite. Founded in 2021, Cofactr offers a platform that integrates procurement automation, supply chain data intelligence and logistics infrastructure […]

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New Quest Software updates help accelerate enterprise adoption of PostgreSQL

Duncan Riley — Thu, 12 Dec 2024 11:00:55 +0000

Systems management, data protection and security software company Quest Software Inc. today announced two updates designed to accelerate the enterprise adoption of the open-source relational database management system PostgreSQL. With the new updates, customers can streamline migrations to PostgreSQL and then optimize its performance and availability. Combined, the two updates help enterprises embrace modern database […]

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Adobe’s weak forecast stokes fears of AI disruption, sending its stock lower

Mike Wheatley — Wed, 11 Dec 2024 23:36:12 +0000

Investors sent shares of Adobe Inc. into a tailspin today after the maker of Photoshop could offer only a light forecast for the coming quarter and full year. The company said it’s looking for fiscal first-quarter revenue of between $5.63 billion and $5.68 billion, which is some way below Wall Street’s consensus estimate of $5.72 billion. […]

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Rethinking workflows: How generative AI and cloud computing drive operational shifts

Sead Fadilpasic — Wed, 11 Dec 2024 22:20:02 +0000

As organizations embrace cloud optimization strategies, they’re moving beyond traditional analytics toward advanced data infrastructures. This shift is undertaken to power operations, inform business decisions and deliver differentiated products. As generative artificial intelligence and large language models influence how software is developed and deployed, data is no longer just an asset to analyze; it’s becoming […]

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Meeting at center ice: The NHL and AWS redefine hockey broadcasting and fan engagement

Zeus Kerravala — Wed, 11 Dec 2024 21:23:33 +0000

The National Hockey League and Amazon Web Services Inc. are working together to change how hockey is experienced, leveraging cloud technologies and data-driven insights to enhance production workflows and fan engagement. At AWS re:Invent last week, representatives from both organizations joined a panel titled “NHL Unlocked: Live cloud production, sports data, and alternate feeds.” The panelists were Julie […]

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Hybrid cloud solutions: Bridging on-premises systems with cloud innovation

Sead Fadilpasic — Wed, 11 Dec 2024 19:45:49 +0000

Hybrid cloud solutions are becoming increasingly essential as cloud adoption continues to soar while on-premises systems remain vital in regulated industries. Success hinges on strategic alliances that enable seamless integration across diverse ecosystems. This creates opportunities for scalable modernization without disrupting critical operations, according to Giovanni Carraro (pictured), senior vice president of global strategic alliances […]

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DoiT International tackles cloud efficiency gaps with intent-driven insights

Sead Fadilpasic — Wed, 11 Dec 2024 16:15:43 +0000

As businesses adopt cloud optimization strategies, the focus on efficiency and aligning workloads with business goals grows sharper. While traditional observability tools focus on core metrics, they often fail to capture whether workloads are performing as intended. This gap, described by industry leaders as the “illusion of efficiency,” underscores the need to align technical performance […]

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How the AWS Partner Network and Marketplace drive global growth and reach

Brian Njuguna — Tue, 10 Dec 2024 21:18:56 +0000

As Amazon Web Services Inc. continues to stamp its authority as a leading cloud services provider, the AWS Partner Network empowers businesses to grow, innovate, expand their reach and create value for clients, according to Chris Grusz (pictured), managing director of technology partnerships at AWS. By leveraging the resources and opportunities offered by the APN, […]

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Oracle’s rampant cloud growth wasn’t enough for Wall Street, and its stock slides after-hours

Mike Wheatley — Mon, 09 Dec 2024 23:47:03 +0000

Oracle Corp.’s impressive rate of cloud revenue growth wasn’t enough to offset declines elsewhere in its business, and its stock headed lower in late trading after the company missed Wall Street’s earnings and sales targets. The database company reported fiscal 2205 second-quarter earnings before certain costs such as stock compensation of $1.47 per share, falling […]

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AWS re:Invent 2024: Builder ethos embraces simplicity

Dave Vellante and George Gilbert — Sat, 07 Dec 2024 17:27:51 +0000

AWS re:Invent 2024 this past week ushered in a transformative chapter for both Amazon Web Services Inc. and the broader tech ecosystem. This year’s event marked the debut of Matt Garman as chief executive of AWS, stepping into a role that aligns with what John Furrier aptly describes as a “wartime CEO” — a technically […]

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Enhancements for SageMaker and Bedrock highlight AWS vision for integrated AI platform

Mark Albertson — Fri, 06 Dec 2024 19:53:44 +0000

Product announcements from Amazon Web Services Inc. this week highlighted the cloud giant’s interest in positioning itself at the center of the artificial intelligence conversation by offering a fully integrated AI platform. Key elements in that approach involve the firm’s SageMaker and Bedrock offerings. “We want AWS to be the best place for customers to […]

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