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A News Digest on Business Intelligence, DaaS, On-demand apps, etc

  • Rating — 5 (3 votes)
  • by Ksenija Kolomiiets
  • Updated on April 21, 2021
  • Read —
    1-2 minutes
A News Digest 22 on BI

The company announces plans to acquire secure document sharing startup DocSend for $165M; DocSend had raised $15.3M and has 17K customers — The company helps customers share and track documents by sending a secure link instead of an attachment.
Cofounded by Balaji Ganesan and Don Bosco Durai in July 2016, Fremont, California-based Privacera enables customers to automate data discovery and perform policy management at a “petabyte” scale. Ganesan previously cofounded XA Secure with Durai to build a centralized access control tool for Hadoop, the framework that allows for the distributed processing of large datasets across clusters of computers. Leveraging this experience, Ganesan and Durai turned their sights to the cloud and created Privacera, developing a software-as-a-service-based data and security management solution capable of integrating compliance across multiple clouds.
Open-source enterprise software company SUSE is targeting a pre-summer initial public offering in a deal that may value the private equity-backed company with German roots at 7-8 billion euros ($8.3-9.5 billion), people close to the matter said. SUSE, founded in 1992, was acquired two years ago by EQT from Micro Focus International for $2.5 billion. The private equity firm has strengthened SUSE with add-on acquisitions such as that of Rancher Labs for about $600 million in July. SUSE’s revenue exceeded $450 million in the fiscal year to Oct. 31, with both the top line and profit growth in double digits. The annual contract value of bookings worth more than $1 million grew by 21% in its fiscal fourth quarter, while cloud bookings jumped by 87%.
Just Eat
Online food-ordering company Just Eat sees further growth after strong 2020 Demand for food-delivery services boomed last year as government-imposed curbs shuttered restaurants and customers stayed at home, driving a 42% surge in the company’s orders to 588 million. Takeaway last year also agreed to buy U.S. peer Grubhub in a $7.3 billion deal that would make it the largest food delivery company outside of China.
Zego, an insurance provider for gig economy workers that uses telematics-based driver behavior data for pricing, raises $150M Series C at a $1.1B valuation
Ksenija Kolomiiets Expert & Evangelist in business optimization tools like fintech, logistics, on-demand services apps who will help you to understand the core ideas of the outlined themes by my articles. I also have great expertise in social media and education platforms so let me know "in comments" if you want me to describe a theme you're interested in.

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