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TradeGecko Snags $6.5M Series A To Help Businesses Wrangle Inventory

TradeGecko, a software-as-a-service startup that lets business owners manage inventory and orders without resorting to spreadsheets or enterprise resource planning (ERP) software, has raised a $6.5 million series A round. Read More

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IBM Reports Higher-Than-Expected Q1 Profit, But Revenue Of $19.6B Disappoints

Following the cessation of regular trading this afternoon, IBM reported its first-quarter financial performance. The company reported higher-than-expected adjusted profit on a per-share basis of $2.91, but the company’s $19.59 billion in period-revenue was under street expectations of $19.64 billion. The company now has a run of 12 straight quarters of declining revenue. IBM’s… Read More

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Amazon’s AWS Quietly Acquired NoSQL Database Migration Startup Amiato In May 2014

Amazon Web Services, the enterprise division of the e-commerce and cloud services giant, has been growing its reach in data warehousing and big data analytics by way of Redshift, a hosted product that it launched in 2012 and is now AWS’s fastest growing product “ever”, according to CTO Werner Vogels. Along with input from AWS’s own in-house engineering teams, it… Read More

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GE Spotlights New Smart Street Lamps

GE has a new smart street light in early production, and it hopes that over time, cities and third-party developers will begin to take advantage of the platform to build smart city apps. The light itself is a super-efficient LED that could last up to 20 years. Where it gets interesting is that GE is including a sensor pack with each bulb with capabilities such as video, light and weather… Read More

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Tray.io Raises $2.2M For An IFTTT-Style “Integration Marketplace” To Connect Enterprise Apps

Enterprises collectively spend $500 billion annually working with system integrators to link up the apps and services they use to run their businesses so that they can work together. Now, tapping into the growth of APIs for everything, a new company out of London, tray.io, has built a platform that it calls an “integration marketplace,” which wants to make costly IT… Read More

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