Make way for another juggernaut amongst enterprise startups: Rubrik, a data backup company that only emerged from stealth in 2015, is in the process of raising between $150 million and $200 million on a valuation of $1 billion as the company enters a period of strong demand for its storage and data management products, according to sources.
Back in the day when juggernauts of enterprise tech were ramping up, like Salesforce or Amazon Web Services, the market wasn't nearly as cluttered.
Of the roughly 60 consumer and business-related companies, including Twitter, Zynga and Groupon, not one is a customer of the enterprise juggernaut Oracle.
Today's deal leaves ThisMoment, another popular marketing platform, as a possible buy for old-world enterprise juggernauts like IBM or SAP.
The investment was led by DST Global, the prominent VC firm headed by Yuri Milner that has backed the likes of e-commerce giants Alibaba, enterprise juggernauts like Slack, consumer tech icons like Twitter, Spotify and Facebook, and other fintech companies like Klarna and Lending Club.
The investment was led by DST Global, the prominent VC firm headed by Yuri Milner that has backed the likes of e-commerce giants Alibaba, enterprise juggernauts like Slack, consumer tech icons like Twitter, Spotify and Facebook, and other fintech companies like Klarna and Lending Club.
Symantec announced overnight it had purchased Blue Coat Systems for $4.65 billion with the hopes of creating an enterprise security juggernaut.
Enterprise content management juggernaut Open Text has bought content analysis startup Nstein Technologies for $34 million.
Later today, enterprise content management juggernaut Open Text will announce to the world that it has acquired Toronto, Canada-based Vizible for an undisclosed sum.
This was the intramural translational arm of the NCI juggernaut--a 1200-person, US$140-million-per-year enterprise.
But if it wants to be a financial juggernaut as well as a household name, it needs more enterprise sales.
