GitLab revenue grows 21% to $286.3M and full-year guidance rises
GitLab reported fiscal Q2 revenue of $286.3M, up 21%, and set full-year revenue guidance at $1,129M-$1,133M; CEO Bill Staples cited record gross bookings.
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Palo Alto Networks acquires agentic workflow platform Console for undisclosed sum
Palo Alto Networks disclosed in its fiscal Q4 results that it has acquired Console, an AI-native platform for agentic workflows, to extend its Cortex platform beyond security operations.
HiBob raises $166M in Salesforce-led round at $3.2B valuation
HR software maker HiBob raised $166M in its largest round to date, led by Salesforce, at a valuation of about $3.2B, up from $2.7B in 2023.
MongoDB revenue rises 30% to $771.8M and full-year outlook is raised
MongoDB reported fiscal Q2 revenue of $771.8M, up 30%, with Atlas revenue of $565.9M, and raised full-year revenue guidance to $2.99B-$3.03B.
Palo Alto Networks posts $3.41B quarter as NGS ARR reaches $9.10B
Palo Alto Networks reported fiscal Q4 revenue of $3.41B, up 34%, with Next-Generation Security ARR up 63% to $9.10B, and guided fiscal 2027 revenue to $14.10B-$14.20B.
Epiris agrees £1.02B take-private of cloud communications firm Gamma
Private equity firm Epiris agreed a recommended cash offer of 1,120 pence a share for UK business communications provider Gamma Communications, valuing its shares at about £1.02B.
CrowdStrike launches Falcon IQ and brings Falcon to Google Cloud and Snowflake
At Fal.Con, CrowdStrike launched Falcon IQ, a set of more than 50 AI agents for vulnerability assessment and remediation built on Nvidia Nemotron models, and made its Falcon platform available on Google Cloud.
Owner raises $240M Series D at $2.3B valuation led by Goldman Sachs Alternatives
Owner, which sells an AI-run software platform to restaurants and other local businesses, raised a $240M Series D at a $2.3B valuation, led by Growth Equity at Goldman Sachs Alternatives.
Judge rules Pentagon's blacklisting of Anthropic was unlawful retaliation
U.S. District Judge Rita Lin in San Francisco struck down the Defense Department's designation of Anthropic as a supply-chain risk, finding the government retaliated against the company for limiting military uses of Claude.
Google adds pay-as-you-go billing and up to 20% commitment discounts for Gemini Enterprise
Google Cloud introduced pay-as-you-go billing for Gemini Enterprise with no base fee, Flexible Savings Plans that cut token costs 10% for one year or 20% for three, and per-project spend caps that pause agents.
SentinelOne reports $292M quarter as ARR reaches $1.218B
SentinelOne's fiscal Q2 2027 revenue rose 21% to $292M and ARR grew 22% to $1.218B. It raised its full-year outlook to revenue of $1.202B-$1.207B.
Elastic reports $478M quarter and raises fiscal 2027 outlook to as much as $2.01B
Elastic's fiscal Q1 2027 revenue rose 15% to $478M and current remaining performance obligations grew 21% to $1.153B. It set full-year revenue guidance at $1.998B-$2.010B.