Timescale grabs $40M Series B as it goes all in on cloud version of time series database

Timescale grabs $40M Series B as it goes all in on cloud version of time series database

Timescale, makers of the open source TimescaleDB time series database, announced a $40 million Series B financing round today. The investment comes just over two years after it got a $15 million Series A. Redpoint Ventures led today’s round with help from existing...
Docker nabs $23M Series B as as new developer focus takes shape

Docker nabs $23M Series B as as new developer focus takes shape

It was easy to wonder what would become of Docker after it sold its enterprise business in 2019, but it regrouped last year as a cloud native container company focused on developers, and the new approach appears to be bearing fruit. Today, the company announced a $23...
Stacklet launches cloud governance platform with $4M seed investment

Stacklet launches cloud governance platform with $4M seed investment

Stacklet co-founders Travis Stanfield and Kapil Thangavelu met while both were working at Capital One several years ago. Thangavelu helped create the Cloud Custodian open-source cloud governance project. The two eventually got together and decided to build a startup...
How Pivotal got bailed out by fellow Dell family member, VMware

How Pivotal got bailed out by fellow Dell family member, VMware

When Dell acquired EMC in 2016 for $67 billion, it created a complicated consortium of interconnected organizations. Some, like VMware and Pivotal, operate as completely separate companies. They have their own boards of directors, can acquire companies and are...
Serverless and containers: Two great technologies that work better together

Serverless and containers: Two great technologies that work better together

Cloud native models using containerized software in a continuous delivery approach could benefit from serverless computing where the cloud vendor generates the exact amount of resources required to run a workload on the fly. While the major cloud vendors have...