$2B secondary funding gives Veeam $15B valuation on path to IPO

Veeam Software Group GmbH, the market share leader in data resilience, today announced a new $2 billion investment from several top investment firms. The Seattle-based company said its valuation now stands at $15 billion, which is about the same as the valuation of Commvault Systems Inc. and Rubrik Inc. combined. Investors in what the company calls an oversubscribed round are led by TPG, with participation from Temasek, Neuberger Berman Capital Solutions and others. Morgan Stanley managed the round.

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$2B secondary funding gives Veeam $15B valuation on path to IPO

Arista redefines the network stack

When it comes to building campus networks, there is a religion around stacking versus chassis-based systems. In my network engineer days, I lived on both sides of that holy war. Initially, it was chassis or nothing, but I worked for a big financial firm with large budgets and didn’t give much credence to other options. As time went on, I began to appreciate a stack’s flexibility and budget flexibility, as one could start with a small network stack and add to it when required.

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Arista redefines the network stack

Sippio Beacon Aims to Improve the Process of Producing and Quoting Orders

SIPPIO, a voice enablement provider for resellers, recently announced an AI-based business intelligence tool built into the SIPPIO Portal. It is the first use of AI I have seen to improve the process of producing and quoting orders. The tool processes tasks, provides insights, and makes changes using natural language interactions. The new offering, SIPPIO Beacon, is in preview with select partners and will be available early next year.

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Sippio Beacon Aims to Improve the Process of Producing and Quoting Orders

Six Thoughts On the Talkdesk Analyst Summit

Recently, Talkdesk held its first analyst summit in a few years. During the event, the analysts got a deep dive into the company’s strategy, opportunities, and roadmap. Overall, it was a positive experience; it solidified some of my thoughts about the company and made me reconsider others. Below are six of the key thoughts I had coming out of the event.

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Six Thoughts On the Talkdesk Analyst Summit

New research report shows rapid, wide adoption of generative AI

The hype around artificial intelligence is at an all-time high. Sometimes, in tech, the reality never matches the hype. With AI, though, I do believe it’s warranted. I view the adoption of AI as similar to the adoption of internet technologies. We talked about the internet, hyped it, created economic reports, and then we stopped talking about it because it became embedded into everything we do.

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New research report shows rapid, wide adoption of generative AI