Silicon Valley heavyweights like Stripe, Chime and Instacart rode a wave of investor enthusiasm for late-stage companies that were better able to weather the pandemic due to evolving consumer demands and business needs…
Worldwide IT spending is projected to total $3.8 trillion in 2021, an increase of 4% from 2020, according to the latest forecast by Gartner, Inc. IT spending in 2020 is expected to total $3.6 trillion, down 5.4% from 2019…
Vendors might be pushing consumption-based IT services too hard on their partners, according to channel analyst firm Canalys…
Last year, Gartner found that robotic process automation (RPA) is the fastest growing category in enterprise software. So perhaps it shouldn’t come as a surprise that UiPath, a leading startup in the space, announced a $225 million Series E today on an eye-popping $10.2 billion valuation. Alkeon Capital led the round with help from Accel, […]
Very promising trend for the IT sector! The pandemic is having a very different impact on venture funding this time around in contrast to 2008 Read the rest here: https://news.crunchbase.com/news/global-venture-funding-through-the-pandemic-late-stage-stays-strong/
SaaS stocks are at it again, and I think I’ve got it figured it out. More precisely I think I’ve figured out what other people think is going on. After rigorous fact-checking by both reading tweets, making VCs talk to me on the phone, and chatting with the CEO of a $27 billion cloud company […]