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Startups and VCs are increasingly embracing the federal government. Here’s why

TechCrunch

On paper, the federal government looks like an ideal customer for an enterprise startup: Its seemingly endless budget doesn’t fluctuate with market conditions and it’s always in the market for new tech. That’s rapidly changing. Startups and VCs are increasingly embracing the federal government.

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2015 Federal IT Spending Update: An analysis of the budget for CTOvision Pro Subscribers

CTOvision

The total federal budget is about $3.9 Many firms with great technologies believe the size of the federal budget means there is something there for them. That may be true, but if you think first about the money and how you can get it you are probably approaching this market wrong. Our Federal Enterprise Reviews.

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Why Tomago Aluminium reversed course on its cloud journey

CIO

This conundrum is what motivated Tomago to migrate its ERP system to the cloud back in 2015. With the cloud market maturing significantly, the company could now look at what it had and compare it to other solutions out there. Budgeting, CIO, Cloud Management, Data Architecture, Data Management, Enterprise Architecture, IT Leadership

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Cybersecurity startup Ordr nabs $40M to monitor connected devices for anomalies

TechCrunch

In 2015, there were approximately 3.5 Pandian Gnanaprakasam and Sheausong Yang — who between them had tenures at Cisco, Aruba Networks, and AT&T Bell Labs — co-founded Ordr in 2015 to address what they call the “visibility gap” in enterprise networks. . billion internet of things (IoT) devices in use.

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From $0 in revenue to a $7.25B valuation: Why TripActions’ $275M raise has fintech to thank

TechCrunch

billion since its 2015 inception — about $780 million of which was secured during the pandemic. But the biggest difference, in Cohen’s view, is that those two companies “ are disparate from travel” and thus focus more on SMEs while TripActions is more focused on enterprise companies.

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Doxel raises $40M from Insight, a16z to become the ‘Waze for construction’

TechCrunch

million since its December 2015 inception. Even as a child, I realized that predictability is what keeps projects on time and on budget.”. Twenty years later, when Ladha graduated from Stanford University, he learned that 90% of projects are delayed and delivered over budget. and Bangalore.

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Coro secures $60M at ~$500M valuation for an all-in, SaaS-based cyber protection platform aimed at SMBs

TechCrunch

Enterprises typically dedicate significant money and talent towards protecting themselves from security breaches. ” Add to this how larger enterprises invest in software to equip their security teams. The company — based out of Israel but with a substantial operation in the U.S., ” he asked.

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