Tag: Venture capital
For the week ending Aug. 30, CRN takes a look at the companies that brought their ‘A’ game to the channel including Cribl, Check Point, Intel, Citrix and IBM. The Week Ending Aug. 30 Topping this week’s Came to Win list is data management and observability tech developer Cribl for its very impressive nine-figure funding…
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Having achieved $100 million in ARR last year, the developer of data management and observability software says it now ranks among the fastest growing infrastructure software companies in the IT industry. Cribl has raised $319 million in an oversubscribed Series E funding round that boosted the valuation of the developer of IT and security data…
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For the week ending Aug. 23, CRN takes a look at the companies that brought their ‘A’ game to the channel including AMD, ePlus, Grafana Labs, Amazon and Novva Data Centers. The Week Ending Aug. 23 Topping this week’s Came to Win list is chipmaker AMD for a strategic acquisition that will provide a boost…
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The open-source observability platform software developer says its fast-growing customer base has increased its annual recurring revenue to more than $250 million. Grafana Labs, developer of a popular open-source observability platform, has collected $270 million in new funding that puts the company’s valuation at more than $6 billion, the company said Wednesday. Grafana Labs, headquartered…
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For the week ending Aug. 9, CRN takes a look at the companies that brought their ‘A’ game to the channel including Abnormal Security, Fortinet, Avant, Rewst and Hewlett Packard Enterprise. The Week Ending Aug. 9 Topping this week’s Came to Win list is cybersecurity provider Abnormal Security for an impressive $250-million funding round that…
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‘I don’t think we’re ever done when it comes to improving the platform. I think it can continue to get better year over year as we master automation with MSPs’ says Aharon Chernin, Rewst founder and CEO. Automation platform company Rewst has secured $45 million in funding to accelerate the pace of innovation in its…
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The AI-powered cybersecurity vendor is aiming for a 2025 IPO after achieving a $5.1 billion valuation, Abnormal Security CEO Evan Reiser tells CRN. Abnormal Security plans to use its newly announced funding infusion of $250 million to advance its cybersecurity platform powered by behavioral AI technologies and work toward going public late next year, Co-founder…
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‘A deal logjam has developed as fear of lower exit valuations has forced some private equity firms to postpone selling portfolio companies,’ says John Holland, managing director of Corporate Finance Associates. ‘Despite the challenges facing the private equity industry, there have been many acquisitions of large IT services businesses by private equity firms so far…
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‘The more willingness to have conversations and to do research, [that will] help sellers down the line as they think about the right fit for them,’ says Sydney Hockett, vice president of Evergreen Services Group. When it comes to selling an MSP business, owners have a lot of options. Merging or selling to a holding…
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For the week ending July 12, CRN takes a look at the companies that brought their ‘A’ game to the channel including AMD, K3 Technology, Microsoft, Orca Security and Nasuni. The Week Ending July 12 Topping this week’s Came to Win list is chip designer AMD for a strategic acquisition in the AI technology space.…
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