January 30, 2018

BigID Raises $14 Million to Find Personal Data in Company Systems

SAP Acquires CallidusCloud Sales Enablement for $2.4 Billion

SAP

Lots of real news today. Start with a $2.4 billion acquisition by SAP of Callidus Software, which offers cloud-based sales performance management and configure-price-quote systems. Readers of a certain age will recall that Callidus bought early B2B marketing automation vendor LeadFormix back in 2012. The deal beefs up SAP’s sales automation products.

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Conversica Buys Chile-Based Intelligens.ai for AI-Based Conversations in Spanish

PR Web

Another, much smaller acquisition: artificial intelligence vendor Conversica, which offers a virtual sales assistant for simple conversations, has purchased Intelligens.ai, a Chilean firm specializing in Spanish-language conversations. Interesting on several levels: the importance of training data, expansion into South America, and how far companies will go for AI talent.

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BigID Raises $14 Million to Find Personal Information in Company Systems

BusinessWire

Closer to home for customer data specialists: personal data discovery vendor BigID has raised a $14 million Series A, bringing total funding to $16.1 million. BigID finds personal information in corporate systems and maps items related to the same individual without copying the data into a central database. This helps to comply with privacy regulations such as GDPR but it doesn’t create a unified profile for marketing or other uses.

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