Enterprise

CloudPay, a payroll services provider, lands $120M in new funding

In 1996, two companies, Patersons HR and Payroll Solutions, formed a venture called CloudPay to provide payroll and payments services to enterprise clients....

Cohere co-founder Nick Frosst thinks everyone needs to be more realistic on what AI can and cannot do

AI companies are gobbling up investor money and securing sky-high valuations early in their life cycle. This dynamic has many calling the AI...

After EU approval, UK clears HPE’s $14B Juniper Networks acquisition

Hewlett Packard Enterprise’s (HPE) planned $14 billion acquisition of Juniper Networks is one step closer to completion — the U.K.’s Competition and Markets...

EQT takes a majority stake in cybersecurity firm Acronis at $3.5B+ valuation

Cybersecurity remains a white-hot space for investors. In the latest example of that demand, EQT has bought a majority stake in Acronis, a...

Amazon upgrades its AI image generator

Amazon has released an upgraded version of its in-house image-generating model, Titan Image Generator, for AWS customers using its Bedrock generative AI platform. Simply...

UK’s Riverlane scores $75M to correct quantum errors

Quantum computing may still largely be in the theoretical domain, but the money that it’s attracting is very real. Riverlane, a specialist in...

AWS launches Mithra to identify and mitigate malicious domains across its massive system

When a company is the size of Amazon, a lot of bad actors will come after it and its customers, which makes defending...

Meet the founder who built and sold a $600M enterprise software startup from Sri Lanka

Sri Lanka isn’t renowned for its startup ecosystem, but one company has been something of an outlier in the South Asian island nation...

When a big company comes after a hot startup, it’s not a slam dunk decision to sell

Rumors first surfaced last month that Google was going after cloud security startup Wiz and a $23 billion offer was on the table,...
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