MessageBird acquires SparkPost for $600M using $800M Series C extension

MessageBird acquires SparkPost for $600M using $800M Series C extension

MessageBird, a communications platform out of the Netherlands, had a busy day today with two huge announcements. For starters, the company got an $800 million extension on its $200 million Series C round announced last October. It then applied $600 million of the...
Atlassian is acquiring Chartio to bring data visualization to the platform

Atlassian is acquiring Chartio to bring data visualization to the platform

The Atlassian platform is chock full of data about how a company operates and communicates. Atlassian launched a machine learning layer, which relies on data on the platform with the addition of Atlassian Smarts last fall. Today the company announced it was acquiring...
Twilio wraps $3.2B purchase of Segment after warp speed courtship

Twilio wraps $3.2B purchase of Segment after warp speed courtship

It was barely a month ago we began hearing rumors that Twilio was interested in acquiring Segment. The $3.2 billion deal was officially announced three weeks ago, and this morning the communications API company announced that the deal had closed, astonishingly fast...
Industry experts say it’s full speed ahead as Snowflake files S-1 to go public

Industry experts say it’s full speed ahead as Snowflake files S-1 to go public

When Snowflake filed its S-1 to go public yesterday, it wasn’t exactly a shock. The company which raised $1.4 billion had been valued at $12.4 billion in its last private raise in February. CEO Frank Slootman, who had taken over from Bob Muglia in May last year,...
NetApp to acquire Spot (formerly Spotinst) to gain cloud infrastructure management tools

NetApp to acquire Spot (formerly Spotinst) to gain cloud infrastructure management tools

When Spotinst rebranded to Spot in March, it seemed big changes were afoot for the startup, which originally helped companies find and manage cheap infrastructure known as spot instances (hence its original name). We had no idea how big at the time. Today, NetApp...
A 23-year-old B2B company has shown how keen India is for tech IPOs

A 23-year-old B2B company has shown how keen India is for tech IPOs

Away from the limelight of the press and the frenzy of fundraising, a tech startup in India has achieved a feat that few of its peers have managed: going public. IndiaMART, the country’s largest online platform for selling products directly to businesses, raised...