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ServiceTitan Taps Goldman Sachs and Morgan Stanley for 2024 IPO

ServiceTitan Taps Goldman Sachs and Morgan Stanley for 2024 IPO
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5 Companies That Came To Win This Week


5 Companies That Came To Win This Week
For the week ending April 30, CRN takes a look at the companies that brought their ‘A’ game to the channel.
By
Rick Whiting April 30, 2021, 11:14 AM EDT
The Week Ending April 30
Topping this week’s Came to Win list is IBM for a strategic acquisition that will advance the company’s hybrid cloud management and AIOps capabilities.
Also making the list are container security tech developer Sysdig for an impressive funding round, Microsoft for its ambitious data center construction plans, Intel and Samsung for a new co-engineering partnership to develop next-generation processors and PCs, and VMware for a strategic sales hire. ....

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Illumio Eyes $250M Funding Round At $2.9B Valuation: Report


Illumio Eyes $250M Funding Round At $2.9B Valuation: Report
Illumio is looking to raise about $250 million in a Thoma Bravo-led funding round that values the cybersecurity company at about $2.9 billion, Bloomberg reported.
By
Michael Novinson April 28, 2021, 12:47 PM EDT
Illumio is looking to raise about $250 million in a Thoma Bravo-led funding round that values the cybersecurity company at about $2.9 billion, Bloomberg reported.
The Sunnyvale, Calif.-based zero trust segmentation vendor has increased its revenue by nearly 1,400 percent over the past three years and is the 83rd fastest-growing technology company in North America, according to Deloitte. Thoma Bravo declined to comment, while Illumio didn’t respond to a CRN request for comment. ....

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