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DocuSign closes up 38% and Smartsheet 30% in their debuts on Nasdaq and NYSE
It was a big day for enterprise tech IPOs, which have been on a roll in 2018. Today, not one but two enterprise tech companies, DocuSign and Smartsheet, saw their share prices pop as they made their debuts on to the public markets, trends that continued throughout the day. At the close of the markets […]
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Drift raises $60 million to be an Amazon for businesses
When you’re raising venture capital, it helps if you’ve had “exits.” In other words, if your company has been acquired or you’ve taken one public, investors are more inclined to take a bet on anything you do. Boston -based serial entrepreneur David Cancel has sold not just one, but four companies. And after a few years […]
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Bynder acquires digital asset management service Webdam from Shutterstock for $49.1M
Bynder, one of the leading companies in the digital asset management space, today announced that it has acquired Shutterstock‘s Webdam. The Amsterdam-based company tells us that it paid $49.1 million for Webdam, which Shutterstock itself acquired back in 2014. Like Bynder, Webdam’s focus is on helping enterprises and agencies manage their digital assets. Currently Webdam customers […]
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Strix Leviathan wants to build a better enterprise platform for crypto trading
We are still in the early days of cryptocurrency — or at least that’s what all of the startups that are jumping into this space NOW hope. And when there’s a gold rush, there’s plenty of money to be made by selling shovels (or ASIC rigs) to miners. It’s no surprise, then, that we are […]
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Apple has hired tech team from data science startup SVDS
Apple has made a quiet but interesting move in its longer-term strategy around courting more business from enterprises. The company has hired the tech team — at least 18 people, including at least two co-founders, one of whom is the CEO — from Silicon Valley Data Science (SVDS), a startup based out of Mountain View […]