Tag: Cloud Platforms
Snowflake is seeking to acquire AI startup company Reka AI for over $1 billion as the cloud data superstar strives to build the world’s No. 1 AI ecosystem. The $2.67 billion company is reportedly in talks to acquire Reka AI in a move to boost its generative AI innovation and capabilities. “We have this strategy…
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From publicly taking shots at Microsoft to being AWS’ first-ever product manager for Amazon EC2, here are six big things partners and customers need to know about AWS’ new CEO Matt Garman. From being Amazon EC2’s first-ever product manager and helping roll out Amazon Web Services’ first service level agreements, to why Amazon CEO Andy…
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With the Series E financing round the company achieves “unicorn” status with a $1.6 billion valuation as data-intensive AI and generative AI applications boost demand for the company’s software. Data management platform developer WekaIO has raised $140 million in an oversubscribed Series E round of funding that boosts the company’s valuation to $1.6 billion, the…
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‘Every deal that we transact is through a channel partner,’ Kevin Kramer, Alkira VP of global sales, told CRN. On-demand network infrastructure vendor Alkira has closed a $100 million Series C round of funding, with executives reiterating the company’s 100 percent channel go-to-market strategy as it sees customer demand grow amid uncertainty with legacy vendors…
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“It works with VMware. And it also works with RedHat and every hypervisor and container platform. It’s developer friendly. It works in all the public clouds. It works on-prem. It works colo. It works everywhere. We’ve been having great momentum with that,” Dell Technologies’ CEO Michael Dell said of the company’s PowerFlex in an interview…
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In a blockbuster move today, AWS CEO Adam Selipsky unveiled he is leaving the company on June 3, being replaced by longtime AWS executive Matt Garman. Some partners believe Amazon Web Services’ newly announced CEO, Matt Garman, will elevate AWS even further following the sudden departure of Adam Selipsky today after 15 years with the…
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Kyndryl said that it will use the net proceeds from the two deals for ‘general corporate purposes.’ IT infrastructure services powerhouse Kyndryl said Monday that it acquired a Seattle firm to expand its hybrid cloud service offerings and help move and run more workloads in Microsoft Azure and IBM Cloud. Seattle-based Skytap’s technologies combined with…
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After three years of leading the world’s largest cloud company Amazon Web Services, CEO Adam Selipsky is leaving after spending nearly 15 years at AWS. AWS Matt Garman, currently senior vice president of AWS sales, marketing and global services, will become the CEO of the $100 billion cloud and AI giant. “Leading this amazing team…
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New real-time observability and anomaly detection, along with a new write API for data integration, expands the range of potential applications for StarTree Cloud. Real-time analytics platform developer StarTree is bolstering its StarTree Cloud system with new observability and anomaly detection capabilities, along with the introduction of a new write API that facilitates real-time data…
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‘The message that I want everyone to come away with is Avaya is roaring back … the uniqueness of the strategy: Innovation without disruption, so, prem[ise] gives way to cloud over time, or voice gives way to digital, and you can happily move those interactions intra-Avaya without ever having disruption, the UC behemoth’s CEO Alan…
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