Seattle-based Avalara is getting a big cash injection as its business continues to benefit from the e-commerce boom and increasing regulatory obligations. Avalara said last week that it added $ 959.9 million to its cash balance after issuing short-term debt in the form of convertible senior notes. The money will be used to support the … Read more
As cloud-native apps become more and more central to how businesses function, a startup founded by the developers of a popular open-source authorization management tool for cloud-native application environments is announcing some means to expand its commercialization efforts to expand the opportunity. Styra, the startup behind Open Policy Agent, has raised $ 40 million in … Read more
A few weeks ago, SentinelOne announced that it would acquire Scalyr, a high-speed logging platform, for $ 155 million. As recently as this morning, CrowdStrike hit the ground running next, announcing it would buy the unlimited logging tool Humio for $ 400 million. In Humio, CrowdStrike gets a company that offers the ability to collect … Read more