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Algolia Raises $150 Million Series D for Search API

Shared APIs are one way to reduce development backlogs.  Algolia is riding that wave with an API that lets users search for content within website and enterprise applications.  They’re used by more than 10,000 companies and just raised a $150 million Series D, bringing total funding to $338 million.

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Businesses Using Fewer Apps Today Than 2018: Mulesoft Report

August 4, 2021

Here’s a surprise: large enterprises are using substantially fewer apps today than three years ago (843 vs 1,020), according to this Mulesoft survey. The authors credit “rationalization”.  Other results are more expected: just 37% say their IT departments completed all the projects that were requested, 90% have problems with data silos, and only 18% have completely connected their customer experiences across all channels. Still, a single customer view ranks last in the list of digital transformation challenges.

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Customer Data Platform Industry Adds New Vendors: CDP Institute Report

July 12, 2024

Software vendors continued to add Customer Data Platform (CDP) capabilities to existing systems in the first half of 2024, according to the CDP Institute’s latest Industry Update report.  Nearly all of the dozen companies appearing in the report for the first time started as marketing or messaging applications and added CDP capabilities after they were built.  These firms accounted for most of the industry growth during the report period.

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