Five Minute Briefing - Information Management
January 12, 2021
Five Minute Briefing - Information Management: January 12, 2021. A concise weekly report with key product news, market research and insight for data management professionals and IT executives.
News Flashes
Cockroach Labs, the company behind CockroachDB, is receiving $160 million in new funding, enabling the company to continue its investments in product development to better support its customers. This latest funding round was led by Altimeter Capital with participation from new investors Greenoaks and Lone Pine, and existing investors Benchmark, BOND, FirstMark, GV, Index Ventures, and Tiger Global. This round brings Cockroach Labs' total funding to $355 million at a valuation of $2 billion.
IBM, the consistent leader in U.S. patents, topped the U.S. Top 50 with 9,130 grants, down 1% from 2019. IBM scientists and researchers received 9,130 U.S. patents in 2020, the most of any company, marking 28 consecutive years of IBM patent leadership.
SAI Global, a leader in cloud-based Governance, Risk, and Compliance software and learning, is releasing an updated version of its flagship SAI360 risk platform, along with introducing SAI360 Platform Editions, purpose-built bundles that enable risk management best practices for any organization.