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Former Snap employees raise $9M for Trust, emerging from beta to level marketing playing field

TechCrunch

Trust wants to give smaller businesses the same advantages that large enterprises have when marketing on digital and social media platforms. Then as part of its community, companies share knowledge of marketing buys and data insights typically reserved for larger advertisers. Trust dashboard. E-commerce sales in the U.S.

Marketing 246
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The HP-Autonomy lawsuit: Timeline of an M&A disaster

CIO

Around the turn of the century, Autonomy Corporation was one of the darlings of the UK technology industry, specializing in knowledge management and enterprise search. Its Agentware internet search tools are used by enterprises including Barclays Bank and Unilever and sold as shrink-wrapped software through retail outlets.

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Industrial cybersecurity startup Claroty raises $140M in pre-IPO funding round

TechCrunch

Claroty, an industrial cybersecurity company that helps customers protect and manage their Internet of Things (IoT) and operational technology (OT) assets, has raised $140 million in its latest, and potentially last round of funding. . Founded in 2015, the late-stage startup focuses on the industrial side of cybersecurity.

Industry 250
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Cloud storage startup Wasabi raises $250M to reach unicorn status

TechCrunch

According to Synergy Group , an IT market research firm, Amazon, Microsoft and Google together held a 65% share of the global cloud services market as of Q2, up 61% year-over-year. Wasabi launched just a few years ago, in 2015. That’s up from 30% in 2015, the year the analytics firm began tracking the trend.

Storage 224
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How to incubate a winning innovation program

CIO

This is why innovation programs have become so critical to sustaining the success of enterprises. Soon after, Netscape achieved 80% of the browser market. In 1995, Microsoft launched Internet Explorer and, by bundling it with its winning Windows 95 product, swiftly eclipsed Navigator as the leading browser.

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Indian beauty e-commerce Purplle raises $45 million

TechCrunch

Purplle, an e-commerce platform for beauty products in India, said on Monday it has raised $45 million in a new financing round as it looks to expand its presence in the world’s second-largest internet market. The new round gave partial exit to IvyCap Ventures, which had invested about $2 million in Purplle in 2015.

Fashion 250
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Battery Ventures Sees AI’s Massive Impact On Tech, And It’s Here Already

Crunchbase News

Thakker joined Battery in 2015 to build out its infrastructure, data and cloud practice. The technology revolutions we’ve seen so far — whether it’s cloud or mobile, or even personal computing or internet — took some inefficient mechanism and tried to provide some technology to make it easier,” he said.