Connect with us

Business

InfluxData scores $35 million Series C to expand time series database business

Published

on

In a world where sensors are capturing ever-increasing amounts of data, being able to collect that high volume and measure it over time becomes increasingly important. InfluxData, the startup built on top of the open source time series database platform, announced it has received a $35 million Series C investment today led by Sapphire Ventures, the investment arm of enterprise software giant, SAP.

Existing investors Battery Ventures, Mayfield Fund and Trinity Ventures and new investor Harmony Partners also participated. Today’s investment brings the total raised to almost $60 million.

Time series databases, as the name implies, allows companies to capture and measure data rapidly and see how it trends over time. Company CTO Paul Dix saw the need for time series tools and began building the underlying open source tool kit in 2014. It was immediately popular on Github, says CEO Evan Kaplan. Today there are 120,000 sites running Influx in open source and 400 enterprise customers using the platform.

While developers can build a time series application using Influx’s tools, if it requires enterprise scale, security and availability; they will need to buy the commercial version of the product. “If you get serious about running Influx in large production, you have to buy the closed source [version of the product],” Kaplan said.

While the commercial product has been available for just 18 months, the company has been able to attract a who’s who of enterprise brands as customers including IBM, SAP, Cisco, PayPal, Tesla and Siemens.

Sapphire partner Anders Ranum says his firm saw an emerging market opportunity and made the investment to take advantage of it. “Development teams are facing steep barriers in capturing and analyzing all the data available to them in making smart decisions for their business given new capabilities in machine learning, internet of things and artificial intelligence,” Ranum said in a statement. He believes that time series tooling can help.

The company currently has 80 employees, but plans to double that number in the coming year with the help of today’s investment and the growth of the product. As part of today’s investment Sapphire’s Ranum will be joining the Influx Board of Directors.

Featured Image: Prasit Photo/Getty ImagesReadmore

Business

Adecco Group acquires recruiting startup Vettery for $100M

Published

on

By

The Adecco Group, a global HR services firm headquartered in Switzerland, announced today that it has acquired Vettery.

The financial terms were not disclosed, but a source with knowledge of the deal told us that the price was a little over $100 million. (It’s not clear how much of that is cash versus stock.)

We’ve reached out to the Adecco Group for confirmation and will update if we hear back. A Vettery spokesperson declined to comment.

Vettery was launched in 2014. Shortly after that, co-founders Brett Adcock and Adam Goldstein told me that they’re hoping to reinvent the traditional recruiting process. They’ve created a marketplace where job candidates browse offers, schedule interviews with the employers that interest them and receive a signing bonus from Vettery when they take a job — all assisted by an on-staff “talent executive.”

The company says it now works with more than 4,000 employers to fill positions in IT, sales and finance. It’s raised a total of $11.9 million from investors including Greycroft and Raine Ventures.

According to Adecco, Adcock and Goldstein will continue to lead the Vettery team.

“The acquisition of Vettery accelerates the development of the Adecco Group’s digital strategy, broadening our offering into the fast-growing digital permanent recruitment market and complementing our professional recruitment businesses,” said Adecco Group CEO Alain Dehaze in the acquisition release. “Digital innovations have the potential to transform the recruitment industry and the Adecco Group is taking the lead.”

Recent Adecco acquisitions include life sciences staffing company BioBridges and career transition firm Mullin.

Featured Image: VetteryReadmore

Continue Reading

Business

Sonos One is the speaker to beat for those that want great sound and smarts

Published

on

By

The connected speaker wars are upon us, and one day they will be detailed in history books for all to remember. But here now, it can be hard to cut through the various narratives surrounding the options out there and pick a winner. Now that the cards are on the table in terms of offerings from the major players, however, it’s pretty clear that Sonos has the best option available for most people.

Sonos One, the connected speaker that the company released last year, is a terrific sounding Wi-Fi-enabled speaker that also has built-in support for Amazon’s Alexa, which is if not the best smart assistant out there, then at least tied for first with Google’s Assistant.

On the sound front, Sonos has the most experience of any of the top three companies making smart speakers worth your consideration, too. The Sonos One is, in many ways, just an updated version of the Sonos Play:1 that’s acoustically very similar – but that’s actually a really good thing. The Sonos One, like the Play:1, is a terrific sounding audio device, especially given its size and physical footprint.

I’ve been using a pair of Sonos Ones for the past couple of weeks, and it’s clear that they do a great job of filling a room with sound, thanks in part to Sonos’ sound shaping tech that uses a two-minute setup process involving waving your phone around to properly model the audio they put out for your space.

Individually, a Sonos One is already a strong contender even against the Google Home Max and HomePod for sound quality for most people (who don’t need the additional power or won’t notice the auditory improvements afforded by the larger speakers) but the Sonos One has a another neat trick up its sleeve, since it can form a stereo pair with a second Sonos One. This provides true sound separation, meaning left and right channels reproduced as they were actually meant to be, instead of via some simulated stereo separation effect (which can be pretty cool, as HomePod reviews show, but which ultimately can’t match true stereo separation).

Another huge benefit of Sonos vs. the competition: the Sonos One integrates out of the box with the rest of your Sonos setup, should you have one. You can control all speakers via voice, and group them together for whole home/room-by-room playback. Google’s Home Max can work together with Chromecast-enabled speakers for similar multi-room streaming setups, and HomePod is set to get an update that will add multi-room and stereo syncing, but Sonos One offers both of these now, and using a method that’s proven to work.

There’s also pricing to consider. Sonos One, in a bundle with two, is available for $349 right now, which is the same price as a single HomePod. It’s an unbeatable deal, given the other advantages listed above, especially since it means you can see if you like it alone, or equip multiple rooms with Alexa smarts and quality connected sound in one go.

There are reasons to consider other options, to be sure, especially if you’re 100 percent committed to the Apple ecosystem of device and services, but in general for most people, for most use cases, Sonos One is the far better choice.

Readmore

Continue Reading

Business

Stride, Atlassian’s Slack competitor, opens its API to all developers

Published

on

By

The arrival of Stride, Atlassian’s Slack competitor, was probably the company’s biggest launch of 2017. While the company generally allows developers to easily integrate with its products, Stride’s API remained in closed beta for significantly longer than the product itself, which exited beta last September. Today, however, Atlassian is opening the Stride API to all developers.

As the company notes, this is the first API that sits on top of the new Atlassian API platform. Thanks to this, Stride developers will get access to a new app management console that makes it easier for them to manage their app’s credentials, for example. In addition, Atlassian is also making a new documentation interface available for Stride developers.

The Stride team stresses that third-party apps in Stride are “first class citizens.” Unsurprisingly, developers can create new Bots and other experiences that center around sending and receiving messages. Apps, however, can also display their own user interface for showing contextual information in the Stride sidebar with the help of a JavaScript API.

Developers can also include app cards inside conversations and create action buttons (or even build a pop up dialog for when they need to show multiple button actions, for example). These buttons can both act on Stride itself (to open the app sidebar or a dialog, for example) or call on a backend service (which could be any REST endpoint). The team also notes that Stride apps can upload files (think presentations, videos and pictures) into conversations.

Atlassian says about 1,000 developer signed up for early access to the API.

What’s maybe more important, though, is that the company also says that “tens of thousands of teams” now use Stride. That’s not exactly at the same level of Slack, which has more than 6 million active users, or Microsoft Teams, which is now in use by more than 125,000 teams, but it shows that there’s some momentum behind the platform. The modern workplace, after all, seems to have a need for an ever increasing number of tools that provide constant interruptions.

Readmore

Continue Reading
Advertisement

Trending