Paul Gillin
Latest from Paul Gillin
Redis Labs achieves unicorn status with $100M funding round
Redis Labs Inc., which sells a commercial version of the popular Redis open-source database management system, today said it has closed $100 million in a new late-stage funding. The Series F round brings Redis’ total financing to more than $246 million and values the company at more than $1 billion, making it a so-called unicorn. ...
SPECIAL REPORT: MODERNIZING FOR THE CLOUD
New life for old apps: Cloud drives enterprises to modernize software
Last year Mutualink Inc. completed a major overhaul of the software application at the heart of its business of connecting public safety and private organizations to share information during emergencies. It was the fourth major restructuring of the application in the company’s 12-year history, but this time Mutualink is rebuilding for the long term. “The ...
No-code contract management firm Agiloft raises first external funding in its 30-year history
Agiloft Inc., a company that specializes in no-code contract and commerce lifecycle management, today said it raised $45 million in growth equity investment. It’s the first round of external funding the company has raised since its founding in 1991. The company also named former Thomson Reuters Corp. executive Eric Laughlin as chief executive. He becomes ...
In broad Kubernetes rollout, Red Hat boosts cluster management and adds virtual machine links
Red Hat Inc. is using the KubeCon/CloudNativeCon virtual exposition kicking off today to underscore its intentions to be to the Kubernetes container orchestrator what Red Hat Enterprise Linux is to the widely used operating system. Among a slate of announcements today are the general availability of Red Hat OpenShift 4.5 and Red Hat Advanced Cluster ...
Grafana Labs raises $50M in oversubscribed funding round
Raintank Inc.’s Grafana Labs, which is the lead developer of the Grafana and Loki open-source projects used to visualize time-series data, today said it raised $50 million in a funding round despite claiming not to need the money. The company said the Series B funds will be used to accelerate development of the Grafana query and ...
Who needs live events? Virtual conferences are attracting more people than ever
Domo Inc. scheduled its sixth annual Domopalooza conference for March 18, expecting more than 3,000 people to travel to Salt Lake City for four days of hands-on technical training, rubbing elbows with company executives and evening entertainment, culminating in a performance by the Black Eyed Peas. By mid-February, “we had hotels booked and we were ...
Looker boosts marketing integration with parent Google in first updates since acquisition
Looker Data Sciences Inc. today is releasing the first fruits of its joint development efforts with Google LLC since the search giant finalized the acquisition of the business intelligence company in February. Looker said the updates focus on modernizing BI, improving performance and updating data and development tools, with a particular emphasis on marketing applications. The ...
Studies find epidemic of human errors threatens cloud security
Two recent studies conducted by security providers highlight the growing risks of configuration errors, which have become the single greatest security threat users face in the cloud. User errors are already the second most common type of breach, according to Verizon Corp.’s 2020 Data Breach Report. Misconfigurations are by far the most common type of ...
VIDEO EXCLUSIVE
Former Docker chief sees cloud native as a journey
As the former chief executive of Docker Inc., Ben Golub was pivotal in guiding software containers to their remarkable popularity. The self-contained software capsules that encompass applications and the services needed to run them have been widely adopted for their portability, compactness and simple provisioning. Gartner Inc. forecasts that containers will be default choice for ...
ServiceNow toasts earnings forecasts as pandemic actually helps its business
What pandemic? ServiceNow Inc. today reported revenues and profits for the second quarter that easily beat Wall Street estimates and raised its guidance for subscription revenue and billings for the full year, saying the COVID-19 crisis is actually helping the business. Subscription revenue rose 32%, to $1.016 million on a currency-adjusted basis. Earnings per share ...