APIs
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Once upon a time, companies built huge proprietary systems to track their customer information, content, accounting, business intelligence and every other business function you can name. These were expensive, monolithic systems that took years to implement and compatibility between systems was not a huge priority. Usually the technology choices had a lot more to do with the needs of IT than… Read More
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MuleSoft, the company that helps connect different types of software and services, scored an enormous $128 million investment today. The Series G round was led by Salesforce Ventures with ServiceNow and Cisco Investments also participating. In addition, it saw some public market institution investment including Adage Capital Management, Brookside Capital and Sands Capital Ventures.… Read More
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When you think of Cisco, it’s easy to pigeon-hole them as a networking equipment company, but Cisco also has a communications and collaboration side that includes WebEx. Today, it announced its intent to buy Tropo, a Twilio-like communications platform for adding telephony, messaging and other communications tools to any application. As I wrote yesterday, APIs are making it simpler… Read More
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Apigee, a company that helps organizations build and manage API connectors, went public this morning at $17 per share, briefly jumping to $20 per share before closing at $16.68, down 1.88 percent in its first day of regular trading. After-hours, the company is flat.
The company sold 5,115,000 shares in its IPO, raising $87M according to its CEO Chet Kapoor. It trades under the symbol… Read More
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Under the pressure that is the TechCrunch Disrupt Hackathon, one team found itself stuck. The product was too complex to complete on time. The team members were tired and depressed and ready to give up until one member of the team, software engineer Alessandro Diogo Bruckheimer came up with an idea to simplify their goal and the app Should I Ride My Bike? was born. Read More
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