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VCs still think work software is a wise investment

TechCrunch

Work software is seeing significant investments from VCs, reflecting the continued trend toward digital transformation and remote work. Venture-growth work software deals remained steady, barely dipping from $35.4 And the median exit size via acquisition for work software companies in 2022 was $100 million.

Software 245
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The sky isn’t falling for cloud software spend

TechCrunch

New data from Battery, for example, details a corporate software spending climate that is far from moribund; for startups that sell software to other companies , this is great news. The same dataset also tells us that it’s not equally good everywhere for every type of software vendor. So much for a recession, yeah?

Software 235
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Environmental health and safety software is now a hot commodity

TechCrunch

Historically, environmental health and safety software hasn’t been a massive market — at least compared to others in the software-as-a-service segment — and it’s admittedly not the most enthralling startup category. But that’s changing, according to a new survey released by research firm Verdantix.

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Generative AI gold rush drives IT spending — with payoff in question

CIO

It takes more than just installing software to make gen AI work,” McDonald said. While enterprises look to adopt AI, many software vendors will be flooding the market with AI-based products in the next two years, Lovelock suggested. Another big change from 2023 comes in the devices category, which saw a 9.1% growth in 2023.

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How AI and ML Can Accelerate and Optimize Software Development and Testing

Speaker: Eran Kinsbruner, Best-Selling Author, TechBeacon Top 30 Test Automation Leader & the Chief Evangelist and Senior Director at Perforce Software

While advancements in software development and testing have come a long way, there is still room for improvement. With new AI and ML algorithms spanning development, code reviews, unit testing, test authoring, and AIOps, teams can boost their productivity and deliver better software faster.

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Tropic picks up $25M to streamline software procurement experiences

TechCrunch

The pandemic was a catalyst for showing companies looking to cut costs just how much they were spending on their software tools. New York-based Tropic ’s platform not only uncovers those savings, but also brings a click-and-approve approach to buying software. Today, the company announced a $25 million Series A round of funding.

Software 255
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TestBox nabs $10M seed to expand platform for software purchase testing

TechCrunch

TestBox , an early-stage startup, has a goal of making it easier to test software you want to purchase in your own environment. Our goal was always to focus on one software category to begin with and really understand that category and build a playbook there before we expand into any additional categories.

Testing 178