Adobe could be the next $10 billion software company

Adobe reported its Q2 FY’18 earnings yesterday and the news was quite good. The company announced $2.2 billion in revenue for the quarter up 24 percent year over year. That puts them on an impressive $8.8 billion run rate, within reach of becoming the next $10 billion software company (or at least on a run rate). Revenue was up across all major business lines, but as has been the norm, the vast majority comes from the company’s bread and butter, Creative Cloud, which houses the likes of Photoshop, InDesign and…

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Pipedrive, a CRM and sales tool, raises $50M to take on Salesforce and Microsoft

While Salesforce and Microsoft have a dominant position in the world of sales software today, there are a number of startups nipping at their heels, and today one of the more promising of them has announced a growth round to help them in the effort. Pipedrive, a startup co-headquartered in Estonia and New York that offers tools to salespeople to help them close deals that are still in their pipeline, has picked up $50 million to expand its product, develop its business globally and potentially make acquisitions in the CRM…

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Docker aims to federate container management across clouds

When Docker burst on the scene in 2013, it brought the idea of containers to a broad audience. Since then Kubernetes has emerged as a way to orchestrate the delivery of those containerized apps, but Docker saw a gap that wasn’t being addressed beyond pure container deployment that they are trying to address with the next release of Docker Enterprise Edition. Docker made the announcement today at DockerCon in San Francisco. Scott Johnston, chief product officer at Docker says that Docker Enterprise Edition’s new federated application management feature helps operations…

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Managed By Q acquires NVS to offer space planning and project management

Managed by Q, the office management platform based out of NYC, today announced its acquisition of NVS. Founded by Jason Havens in 2011, NVS is an office space planning and project management service, helping businesses plan their moves or office redesigns from start to finish. The company helps connect with a network of brokers, architects, interior designers, etc. and manage the project on behalf of their clients to ensure it stays on schedule and doesn’t end up costing more than expected. For Managed by Q, NVS provides an added service…

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Microsoft gives Office a refreshed look and feel

Microsoft today announced that it’s bringing a new user interface design to its Office apps like Word, Excel, PowerPoint and Outlook. This new look will be in line with the Fluent Design System the company launched last year and will roll out to both the Office.com online apps and the Office desktop tools over the course of the next few months. Besides the overall switch to the Fluent Design System, which is essentially Microsoft’s take on what Google is doing with Material Design, there are three major changes to the…

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Salesforce deepens data sharing partnership with Google

Last Fall at Dreamforce, Salesforce announced a deepening friendship with Google . That began to take shape in January with integration between Salesforce CRM data and Google Analytics 360 and Google BigQuery. Today, the two cloud giants announced the next step as the companies will share data between Google Analytics 360 and the Salesforce Marketing Cloud. This particular data sharing partnership makes even more sense as the companies can share web analytics data with marketing personnel to deliver ever more customized experiences for users (or so the argument goes, right?).…

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Reid Hoffman to talk ‘blitzscaling’ at Disrupt SF 2018

When it comes to scaling startups, few people are as accomplished or consistently successful as Reid Hoffman . While the rest of us consider scaling a startup to market domination a daunting task, Hoffman has continued to make it look easy. In September, Hoffman will join us at TC Disrupt SF to share his strategies on “blitzscaling,” which also happens to be the title of his forthcoming book. Hoffman started out his Silicon Valley career at PayPal, serving as EVP and a founding board member. In 2003, Hoffman founded LinkedIn…

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Sumo Logic brings data analysis to containers

Sumo Logic has long held the goal to help customers understand their data wherever it lives. As we move into the era of containers, that goal becomes more challenging because containers by their nature are ephemeral. The company announced a product enhancement today designed to instrument containerized applications in spite of that. They are debuting these new features at DockerCon, Docker’s customer conference taking place this week in San Francisco. Sumo’s CEO Ramin Sayer says containers have begun to take hold over the last 12-18 months with Docker and Kubernetes emerging…

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SoftBank Vision Fund leads $250M Series D for Cohesity’s hyperconverged data platform

San Jose-based Cohesity has closed an oversubscribed $250M Series D funding round led by SoftBank’s Vision Fund, bringing its total raised to date to $410M. The enterprise software company offers a hyperconverged data platform for storing and managing all the secondary data created outside of production apps. In a press release today it notes this is only the second time SoftBank’s gigantic Vision Fund has invested in an enterprise software company. The fund, which is almost $100BN in size — without factoring in all the planned sequels, also led an investment…

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