What's Hot in Enterprise IT/VC - Issue #117
While there is uncertainty in the economy and forecasts of slowing growth, a number of enterprise tech cos released outstanding sales/booking numbers for 2018 - Confluent, UIPath, Palantir and public co Atlassian crushed their numbers - it will be interesting to see which enterprise software categories in 2019 are recession-proof or even recession-enhanced as Pankaj from FortressIQ recently commented, also please listen to Equity podcast by Techcrunch as I had a chance to join to discuss first check investing, the macro environment for enterprise VC, and more…
Scaling Startups
Enjoyed participating on Equity Podcast by TechCrunch - Out of my element on some of the consumer discussion 😃, but glad we got to discuss macro environment for enterprise, what it means to be a firstcheck investor, not optimizing your round for highest price, how founders and VCs should build a relationship
Enterprise Tech
$3 Billion Google-Backed AI Unicorn UiPath Set to Achieve Revenue Growth of 5614%
$200mm bookings - UIPath growing super fast in automation market
data streaming infra co grows over 300% in bookings to $100mm in 2018 - key notes are related to Fortune 500 customer traction and growth
Palantir Posted Nearly $1 Billion in 2018 Sales, Executive Says
Palantir, data analytics, generated almost $1 billion in revenue last year
Kustomer nabs $35M to take on Zendesk and Salesforce with its Slack-like approach to CRM
super excited for portfolio co @kustomer as they closed $35mm Series C, 7 months after their B, led by friends at Battery Ventures, Neeraj Agrawal and Logan Bartlett
Blockchain Infrastructure at Coinbase
great read on how Coinbase builds and deploys reliable, ephemeral, blockchain-agnostic infrastructure on AWS.
AWS launches open source Neo-AI project to accelerate ML deployments on edge devices
AWS has been one of the biggest users of open source and now they are finally contributing back with an open source project of their own, makes it easy to deploy on edge and optimizes performance by up to 2x
Can Blockchain Solve the Mess of Medical Records? IBM Announces Tie-Up With Healthcare Providers
one of the few potential and great use cases of blockchain - IBM announced that the consortium, which also includes PNC Bank and Health Care Service Corporation, will experiment with blockchain.
Markets
Atlassian shares skyrocket after earnings and revenue top estimates
Atlassian finished off 2018 strong as it beat estimates and posted optimistic guidance with $299mm for the quarter and forecasts of $300m for the following quarter
By Ed Sim
Ed Sim's weekly readings and notes on VC, software, and scaling startups - #enterprise #seed #DeveloperFirst #IntelligentAutomation #DataInfra #CloudNative #Cybersecurity
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