Enterprise Announcements #18

Atul Jha

Published in

Enterprise Startups.

2 min readOct 3, 2015

Announcement from enterprise startups related to funding and acquisition

Funding

Dremio raise more than $10M from Redpoint and Lightspeed

Apache Drill gurus at Dremio raise more than $10M from Redpoint and Lightspeed

Dremio, a startup founded by two former MapR employees who have developed the Apache Drill open-source project, has…

venturebeat.com

Medium Raises $57M

Medium Raises $57M, Will Hold Event On October 7 To Announce New Features And Partnerships

Today, publishing platform Medium announced that it has brought in $57 million in new capital in a series B led by new…

techcrunch.com

Acquisition

Axel Springer Bets Big on Digital, Buys Business Insider

Sold! Axel Springer Bets Big on Digital, Buys Business Insider.

Earlier this year, German publisher Axel Springer tried and failed to buy the Financial Times. Now it's acquiring…

recode.net

Google Acquires Jibe Mobile

Google Acquires Jibe Mobile To Help Adopt New Standard For Carrier Messaging

Today, Google announced that it will be adopting a new standard for carrier messaging called Rich Communications…

techcrunch.com

China’s Tsinghua Buys Western Digital Stake for $3.8 Billion

China's Tsinghua Buys Western Digital Stake for $3.8 Billion

Tsinghua University 's agreement to invest $3.8 billion in Western Digital Corp. would be China's biggest technology…

www.bloomberg.com

Layoff/Closure/Appointments

Evernote lays off 47 people and closes 3 offices in effort to build a more focused team

Evernote has announced layoffs at the productivity app provider. In a post, newly installed chief executive Chris O…