Coder's open-source software has around 1.2 million monthly active users, and Dropbox, Discord and Skydio are among the company's paying customers.
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Hundreds of Snowflake customer passwords found online are linked to info-stealing malware
Snowflake is the latest company in a string of high-profile security incidents and sizable data breaches caused by the lack of MFA.
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Finout lands cash to grow its cloud spend management platform
In 2021, Roi Ravhon, Asaf Liveanu and Yizhar Gilboa came together to found Finout, an enterprise-focused toolset to help manage and optimize cloud costs. (We covered the company’s launch out of stealth in 2022.) Ravhon, Finout’s CEO and previously the director of engineering at observability platform Logz.io, says that he was spurred to start Finout […]
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Matt Garman taking over as CEO with AWS at crossroads
It’s tough to say that a $100 billion business finds itself at a critical juncture, but that’s the case with Amazon Web Services, the cloud arm of Amazon, and the clear market leader in the cloud infrastructure market. On Tuesday, the company announced that CEO Adam Selipsky was stepping down to spend more time with […]
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Alkira connects with $100M for a solution that connects your clouds
As cloud adoption continues to surge towards the $1 trillion mark in annual spend, we’re seeing a wave of enterprise startups gaining traction with customers and investors for tools to help manage that usage. In the latest development, a startup called Alkira has raised $100 million for “network infrastructure as a service”, which lets users […]
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Alternative clouds are booming as companies seek cheaper access to GPUs
The appetite for alternative clouds has never been bigger. Case in point: CoreWeave, the GPU infrastructure provider that began life as a cryptocurrency mining operation, this week raised $1.1 billion in new funding from investors including Coatue, Fidelity and Altimeter Capital. The round brings its valuation to $19 billion post-money, and its total raised to […]
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Ubicloud wants to build an open source alternative to AWS
Using the large cloud computing providers is convenient, but not exactly cheap. Ubicloud, a new startup founded by the team behind Citus Data, which Microsoft acquired in 2019, wants to change the dynamics by offering a layer of core cloud computing services on top of affordable bare-metal servers from providers like Hetzner, OVH Cloud, Leaseweb […]
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A government watchdog hacked a US federal agency to stress-test its cloud security
A U.S. government watchdog stole more than one gigabyte of seemingly sensitive personal data from the cloud systems of the U.S. Department of the Interior. The good news: The data was fake and part of a series of tests to check whether the Department’s cloud infrastructure was secure. The experiment is detailed in a new […]
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Cloudflare launches new AI tools to help customers deploy and run models
Looking to cash in on the AI craze, Cloudflare, the cloud services provider, is launching a new collection of products and apps aimed at helping customers build, deploy and run AI models at the network edge. One of the new offerings, Workers AI, lets customers access physically nearby GPUs hosted by Cloudflare partners to run […]
Exostellar raises $15M to help companies optimize their cloud spend
Public cloud services spending is projected to reach $1.1 trillion by 2026, up from $531.7 billion this year, according to IDC. But as the use of cloud services expands, organizations are having a tougher time keeping track of exactly how much they’re spending on compute. Statista reports that around 82% of companies find managing cloud […]