TouchBistro, an iPad-based restaurant management platform, secured CAD$150 million, or $110 million, in growth financing from Francisco Partners to accelerate its growth, expand its product pipeline and make some strategic acquisitions. It’s been a while since we checked in with the Toronto-based company, which was founded by Alex Barrotti and Geordie Konrad back in 2010. […]
Usually being a board chair is a job that involves running some meetings and pushing through routine company business, but when Bret Taylor became Twitter board chair last year, he was getting a lot more than he bargained for. Taylor was promoted to the job in November 2021, the same day Jack Dorsey resigned as […]
Everybody wants to talk about software supply chain risks these days, whether that’s security teams, developers or government officials. It’s no surprise then, that VCs, despite the current economic climate, continue to fund startups in this space, too. One of the newest members in this club is Arnica, a startup that takes a somewhat broader […]
It’s Halloween. And, if you’re contract management software company Icertis, it’s payday. After raising $115 million in 2019, Icertis today secured $150 million — $75 million in convertible debt and a $75 million revolving credit facility — in a combined tranche from Silicon Valley Bank that brings the company’s total capital raised to $520 million. […]
Since winter, around the start of the war in Ukraine, energy costs have risen drastically — particularly in parts of Europe historically dependent on Russian fuel. That’s impacted data centers, which aren’t directly reliant on resources like natural gas but which often draw on power grids and backup generators that generate a portion of their […]
When Pinecone announced a vector database at the beginning of last year, it was building something that was specifically designed for machine learning and aimed at data scientists. The idea was that you could query this data in a format that machines understand, making it much faster. Originally this involved semantic searches where users could […]
Over the last two and a half years, remote and hybrid working has become the norm — a majority of employed Americans have the option of working from home for all or part of the week, and 87% of workers who were offered remote work embraced the opportunity heartily. While some companies are pushing for […]
Welcome to The ZebethMedia Exchange, a weekly startups-and-markets newsletter. It’s inspired by the daily ZebethMedia+ column where it gets its name. Want it in your inbox every Saturday? Sign up here. From the future of cloud management to cloud spend in the age of machine learning, our latest cloud investor survey has given me lots […]
If you’re a regular reader of this publication, chances are you know that it hasn’t been a great year for many tech company stocks — one in which giants like Meta, Amazon, and Alphabet have been mauled by the markets after less than stellar earnings reports. Even an enterprise stalwart like Salesforce is behind hounded […]
With the big three — Amazon, Microsoft and Google — reporting earnings this week, we learned that the cloud infrastructure market topped $57 billion for the quarter, up $11 billion over the same period last year. That adds up to 24% growth, according to data from Synergy Research. It might not be the growth we […]
