Snowflake

Hammerspace Achieves Record Business Momentum as Market for AI Data Pipelines that Power Large Language Models and GenAI Experiences Significant Growth

Retrieved on: 
Wednesday, February 7, 2024

Hammerspace , the company orchestrating the Next Data Cycle for enterprises, today announced the details of its business momentum entering 2024.

Key Points: 
  • Hammerspace , the company orchestrating the Next Data Cycle for enterprises, today announced the details of its business momentum entering 2024.
  • The increasing need for datasets originating at the edge, stored in various vendor silos, and spread across diverse clouds to power AI is prompting organizations to urgently assess data architectures at a strategic level.
  • To fuel this momentum, Hammerspace is quickly growing its employee base and tripling its go-to-market resources to work with customers and partners designing data strategies and storage environments for this next data cycle.
  • 650% year-over-year increase in the capacity under management in the Hammerspace Global Data Environment software.

Mogo Expands Relationship with Snowflake to Incorporate AI Applications and Scale Digital Wealth Platform

Retrieved on: 
Wednesday, February 7, 2024

Mogo Inc. (NASDAQ:MOGO) (TSX:MOGO) (“Mogo” or the “Company”), a digital wealth and payments business, today announced that it has expanded its relationship with Snowflake, the Data Cloud company.

Key Points: 
  • Mogo Inc. (NASDAQ:MOGO) (TSX:MOGO) (“Mogo” or the “Company”), a digital wealth and payments business, today announced that it has expanded its relationship with Snowflake, the Data Cloud company.
  • Building on a multi-year relationship, Mogo will use Snowflake Data Cloud as the foundation for its Wealth products, greatly increasing the Company’s processing time and efficiency and, over time, allowing for the deployment of new Artificial Intelligence (AI) applications to help everyday consumers invest better, build wealth and achieve financial freedom.
  • “It’s clear that AI will be among the most transformative technologies we have ever seen and the impact it will have in the wealth industry will be significant especially for the next generation of investors,” said David Feller, Mogo’s Founder and CEO.
  • “The expanded use of AI ties to our objective to build the ultimate wealth-building platform for Canadians, which have trillions invested in the traditional wealth management space, yet the vast majority are not close to being on track for retirement because of underperforming, high-fee products.

Tenable Announces Fourth Quarter and Full Year 2023 Financial Results

Retrieved on: 
Tuesday, February 6, 2024

COLUMBIA, Md., Feb. 06, 2024 (GLOBE NEWSWIRE) -- Tenable Holdings, Inc. (“Tenable”) (Nasdaq: TENB), the Exposure Management company, today announced financial results for the quarter and year ended December 31, 2023.

Key Points: 
  • COLUMBIA, Md., Feb. 06, 2024 (GLOBE NEWSWIRE) -- Tenable Holdings, Inc. (“Tenable”) (Nasdaq: TENB), the Exposure Management company, today announced financial results for the quarter and year ended December 31, 2023.
  • GAAP loss from operations was $14.3 million, compared to a loss of $14.1 million in the fourth quarter of 2022.
  • GAAP net loss per share was $0.19 in the fourth quarter of 2023 and in the fourth quarter of 2022.
  • Tenable will host a conference call today, February 6, 2024, at 4:30 p.m. Eastern Time to discuss its financial results.

FloQast Achieves $100M in Annual Recurring Revenue, Rides Global Momentum into 2024

Retrieved on: 
Tuesday, February 6, 2024

This accomplishment marks a transformative year for FloQast, highlighted by an expanding customer roster, international expansion, and numerous accolades.

Key Points: 
  • This accomplishment marks a transformative year for FloQast, highlighted by an expanding customer roster, international expansion, and numerous accolades.
  • "Reaching the $100M ARR milestone is a testament to the incredible dedication and hard work of the entire FloQast team,” said Mike Whitmire, co-founder and CEO at FloQast, CPA.
  • Educational Initiatives: FloQast launched free public CPE/CPD courses through FloQademy , providing valuable educational and entertaining resources for accounting professionals.
  • Culture Building: FloQast is hosting FloQast GO 2024 in Las Vegas from February 5-8, an all-company kickoff event filled with fun activities and educational sessions for the entire FloQast team.

Redpanda Skyrockets in FY24: 300% Revenue Growth, 179% Customer Growth and Industry-first Streaming Data Advancements

Retrieved on: 
Tuesday, February 6, 2024

Redpanda , the streaming data pioneer, today announced record results for its 2024 fiscal year.

Key Points: 
  • Redpanda , the streaming data pioneer, today announced record results for its 2024 fiscal year.
  • Redpanda Cloud BYOC deployments more than tripled during the year.
  • "We are now scaling up new use cases on our event streaming architecture without worrying about spiraling infrastructure costs.
  • “The hero of the Redpanda story has always been the builder, hacker and the doer, hands on keyboard, building the future,” said Alex Gallego, founder and CEO of Redpanda.

Adaptive Gen AI Startup Cimba.AI Emerges from Stealth with Pre-Seed Funding to Optimize Data-Driven Business Operations

Retrieved on: 
Tuesday, February 6, 2024

SEATTLE, Feb. 6, 2024 /PRNewswire/ -- Cimba.AI, the Gen AI-native platform that gives enterprises the power to create custom AI agents that produce deep insights, recommend and trigger business actions, has officially come out of stealth with $1.25M in Pre-Seed funding. The round was led by Ripple Ventures, with participation from SeaChange, PackVC, and angel investors like Chad Sanderson and Chris Riccomini. 

Key Points: 
  • The round was led by Ripple Ventures, with participation from SeaChange, PackVC, and angel investors like Chad Sanderson and Chris Riccomini .
  • Business operations teams, such as CS, RevOps, and SalesOps, can leverage these AI agents to tackle intricate business goals and trigger subsequent actions based on their data in the data warehouse, such as Snowflake.
  • Cimba.AI's platform marks a significant advancement in the practical application of Generative AI in the business world.
  • Train AI agents using SQL & Natural Language - Users can train our adaptive AI agents using a simple feedback loop, natural language, or SQL.

Varonis Announces Universal Data Classification Support for Databases

Retrieved on: 
Tuesday, January 30, 2024

NEW YORK, Jan. 30, 2024 (GLOBE NEWSWIRE) -- Varonis Systems, Inc. (Nasdaq: VRNS), a leader in data security, today announced the ability to integrate with connected databases hosted in the cloud or on-premises, building on its existing support for popular databases such as Oracle, SQL Server, MySQL, and PostgreSQL.

Key Points: 
  • NEW YORK, Jan. 30, 2024 (GLOBE NEWSWIRE) -- Varonis Systems, Inc. (Nasdaq: VRNS), a leader in data security, today announced the ability to integrate with connected databases hosted in the cloud or on-premises, building on its existing support for popular databases such as Oracle, SQL Server, MySQL, and PostgreSQL.
  • This new universal database connector lets Varonis rapidly integrate with virtually any modern DBMS, allowing customers to use Varonis’ vast library of classifiers and scalable architecture to centralize data classification efforts in a single, unified platform.
  • “Varonis is delivering accurate and scalable data classification to thousands of customers, helping them better see and control sensitive data at risk in large, volatile enterprise file systems, SaaS applications, and cloud data stores,” said Brian Vecci, Varonis Field CTO.
  • Our new integration capabilities discover sensitive data in virtually any database.”
    The Varonis platform protects unstructured, semi-structured, and structured data wherever it lives with connectors built by in-house experts, not third-party developers, to ensure reliability and consistency.

Bounteous and Accolite Join Forces, Forming Global Leader in Digital Transformation Services

Retrieved on: 
Thursday, February 1, 2024

Bounteous , a digital innovation partner of the world's most ambitious brands and Accolite Digital , a leading digital engineering, cloud, data & AI services provider, have announced their merger, creating a new end-to-end digital transformation services consultancy that partners with leading brands around the globe to co-innovate and drive exceptional client outcomes.

Key Points: 
  • Bounteous , a digital innovation partner of the world's most ambitious brands and Accolite Digital , a leading digital engineering, cloud, data & AI services provider, have announced their merger, creating a new end-to-end digital transformation services consultancy that partners with leading brands around the globe to co-innovate and drive exceptional client outcomes.
  • With this merger, the company will be amongst the world's leading digital transformation consultancies.
  • Clients will benefit from a comprehensive range of AI & Data, Cloud, Customer Experience & Martech, Digital Commerce, and Product Engineering solutions.
  • The technology, skills and global delivery capabilities represented here create a highly attractive digital transformation partner for C-suite leaders at the biggest brands in the world.”

Veza Launches Integration for Google Drive to Secure Access to Enterprise Files

Retrieved on: 
Tuesday, January 30, 2024

With this integration, Veza customers can now secure access to files like docs and spreadsheets that are stored in Google Drive.

Key Points: 
  • With this integration, Veza customers can now secure access to files like docs and spreadsheets that are stored in Google Drive.
  • Google Drive, which includes Google Docs, Google Sheets, and Google Slides, is a key component of Google Workspace, the subscription offering for businesses.
  • Using Veza’s Access Control Platform , a Google Workspace customer can quickly find over-privileged users in Google Drive and monitor for excessive access to sensitive drives and folders.
  • Veza integrations secure access to systems including AWS, Azure, Box, Google Cloud Platform, Okta, Salesforce, Slack, Snowflake, and Workday.

Iterable Unveils Advanced Data Management Capabilities Made for Marketers

Retrieved on: 
Tuesday, January 30, 2024

The Toolkit also includes Data Schema Management, the intuitive user interface to easily manage and control data structure.

Key Points: 
  • The Toolkit also includes Data Schema Management, the intuitive user interface to easily manage and control data structure.
  • “In our latest release, we're bringing these advanced capabilities to marketers now, empowering them to take control of their data without the need for expensive technical resources.
  • “We’re thrilled to partner more closely with Iterable to deliver our technology to marketing teams around the world.”
    Iterable's Data Schema Management is a user-friendly and intuitive visual management solution designed for marketers to effortlessly control their data structure and enhance data fidelity.
  • Empowered by Iterable’s Data Schema Management, marketers can now quickly activate their customer data to deliver timely and high-impact customer messaging.