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Amazon’s consumer-focused storage service, Amazon Drive, will wind down over the next year, Amazon announced today. In an email to users, the company said that it was taking the opportunity to “more fully focus” its efforts on Amazon Photos, Amazon’s answer to iCloud Photos and Google Photos. Amazon Drive customers have until December 31, 2023 […]
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Neon, a startup providing developers with a serverless option for Postgres databases, today announced that it raised $30 million in a Series A-1 round led by GGV with participation from Khosla Ventures, General Catalyst, Founders Fund and angel investors. In an email interview with TechCrunch, CEO Nikita Shamgunov, who described the tranche as “oversubscribed,” said […]
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SingleStore, a provider of databases for cloud and on-premises apps and analytical systems, today announced that it raised $116 million in an extension of its Series F. The new cash brings the company’s total raised to $382 million at “unicorn status” (i.e., a valuation of $1 billion or more post-money), which CEO Raj Verma says […]
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Edge computing is seeing an explosion of interest as enterprises process more data at the edge of their networks. According to a 2021 survey (albeit from an edge computing services vendor), 77% of companies said that they expect to see more spending for edge projects in 2022. But while some organizations stand to benefit from […]
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