Tag: Venture capital
‘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…
Read More
Thorbecke most recently worked for well-being platform maker Virgin Pulse as it completed a $3 billion merger. ConnectWise has tapped Rik Thorbecke, an executive who most recently worked for well-being platform maker Virgin Pulse as it completed a $3 billion merger, as its new chief financial officer. Thorbecke, who assumes his role on Monday and…
Read More
‘The market is still kind of slowing down [but] the number of deals is still better than before the pandemic, so it’s not the end of the world,’ says John Holland, managing director of Corporate Finance Associates. Due in large part to high interest rates, IT services M&A transactions and the aggregate value of those…
Read More
For the week ending May 10, CRN takes a look at the companies that brought their ‘A’ game to the channel including Wiz, Apple, ISSQUARED, ServiceNow, Microsoft, and the more than 50 IT vendors that signed the CISA Secure by Design pledge. The Week Ending May 10 Topping this week’s Came to Win is cloud…
Read More
In a wide-ranging interview with CRN at last week’s MongoDB.local NYC event, CEO Dev Ittycheria offered his views on why AI development is about to enter a more “transformative” phase, the thinking behind the company’s MongoDB AI Application Program to accelerate AI application development, and the role partners are playing in the AI wave. MongoDB…
Read More
Alongside a number of major product launches, vendors have announced funding and acquisitions — and signed a new CISA-backed security pledge — during the massive security conference in San Francisco this week. In and around the RSA Conference in San Francisco this week, the majority of the biggest names in the cybersecurity industry have had…
Read More
The funding was led by major names of Silicon Valley venture capital including Andreessen Horowitz and comes after Wiz executives signaled an intensified push with channel partners. Wiz on Tuesday announced $1 billion in new funding at a $12 billion valuation as the four-year-old company sees surging growth in the cloud and AI security markets.…
Read More
‘EQT shares our vision for the future as we transform how the world’s biggest brands connect with customers,’ says Perficient CEO Tom Hogan. Global channel consultant Perficient is being acquired by private equity firm EQT AB for approximately $3 billion in a move its CEO says is a win for shareholders as Perficient’s stock jumped…
Read More
The three global investment firms are considering investing in a joint venture with Intel to build Intel’s new Ireland-based semiconductor fabrication plant, part of a worldwide effort by Intel to become a global semiconductor manufacturing powerhouse. Several major investment companies are considering investing billions of dollars with Intel to help build that company’s new Ireland…
Read More
For the week ending April 26, CRN takes a look at the companies that brought their ‘A’ game to the channel including IBM, Nvidia, ThreatLocker, HPE Aruba and FlexAI. The Week Ending April 26 Topping this week’s Came to Win is IBM for its blockbuster deal to acquire cloud infrastructure management tool developer HashiCorp. Also…
Read More