October 24, 2019

Adobe Adds Unit to Sell to SMBs

Adobe Adds Unit to Sell to SMBs

Adobe

Adobe is creating a new organization to expand its sales to small and mid-size business. The new unit will offer SMB-tailored versions of Magento, Marketo, Adobe Analytics, e-signature, and Creative Cloud. Adobe’s Magento acquisition in 2018 gave it a major foothold in the SMB market.

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Mailgun Buys Mailjet as Mail Mergers Multiply

Mailgun

The email industry continues to consolidate. Mailgun, which sold a majority stake to private equity firm Thoma Bravo in April, is buying Mailjet. Each firm brings more than 100,000 customers to the deal, but Mailgun is more of an API-driven engine for developers while Mailjet offers a complete user interface.

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Databricks Raises $400 Million Series F for Data Analytics Platform

Databricks

Open source data analytics platform Databricks has raised a $400 million Series F, bringing its total funding to just under $900 million. The deal values Databricks at $6.2 billion, an astonishing 30x its $200 million revenue run rate. By comparison, Salesforce paid less than 20x for Mulesoft. Yes, there’s a big world of data management software outside of CDPs.

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