Keepit, a Copenhagen-based company specializing in cloud-based data backup and protection, has raised $50 million to enhance its service capabilities and expand its geographical reach. This new funding, which brings the company's total investments to $90 million, highlights the growing demand
The rapidly evolving landscape of cloud security startups is attracting substantial venture capital interest, driven by the increasing adoption of cloud applications and the need to keep cloud data secure. Market forecasts predict the cloud security market will surge from $43.74 billion in 2024 to
Shadow SaaS, the unauthorized use of Software-as-a-Service (SaaS) applications by employees without explicit approval from their organization's IT department, has become a significant concern in corporate security. This phenomenon, driven by the need for more agile and user-friendly tools,
The burgeoning sector of Vertical Software as a Service (VSaaS) has witnessed significant growth and transformation, particularly with the integration of artificial intelligence (AI). At the forefront of this domain is the Boston-based Toast, a restaurant management software firm that exemplifies
In the competitive landscape of Software as a Service (SaaS), the focus has often been on adding new features to attract customers. However, a growing consensus among industry experts suggests that merely adding features is not enough. Instead, SaaS solutions need to address real operational pain
NinjaOne is making waves in the data protection sphere with its recent acquisition of Dropsuite, a cloud backup provider, for approximately $252 million. This strategic move signifies a shift towards a more inclusive approach to endpoint security, extending protections to cloud-based applications.