Every acquisition, funding round and product launch that matters, in one five-minute email.
The New York and London company sells verified corporate credit data and AI research tools covering more than 3,500 bond and loan issuers, delivered by web app, API, Excel and a Claude connector. ETFS Capital also invested.
Thomvest Ventures led the round, with Intuit Ventures and Small World Capital joining. Coast pairs company cards with software that controls employee spending, pays vendors and automates accounting for trade and service businesses.
London Stock Exchange Group will buy Octus from Permira-advised funds and management, funding the deal with debt. Octus sells credit intelligence and analytics to about 750 institutional customers and expects more than $300M of 2026 revenue. Closing is expected in the first half of 2027.
Cloud app platform Railway said an attacker reached the systems that store customer environment variables and decrypted some of them. It told every user to rotate API keys and other credentials stored on the platform.
Q3 revenue rose 13% and topped €10B for the first time. Current cloud backlog rose 28% to €24.1B, and non-IFRS operating profit rose 18%. SAP now expects 2026 cloud revenue near the top of its €25.8B–€26.2B range.
Software revenue rose 8% to $7.8B, with Red Hat up 11%. IBM now expects 2026 free cash flow to grow by more than $1B and kept its 4%–5% constant-currency revenue growth forecast.
ServiceNow made Arc generally available. It is a personal, long-running AI agent that handles tasks across ServiceNow, email and Teams, under IT governance, and it comes at no extra cost with Foundation, Advanced and Prime SKUs. ServiceNow announced it with Nvidia at GTC Berlin.
AI research lab Flapping Airplanes raised a $1B Series A led by Index and Lux. Bloomberg reports the valuation at $6B.
Atreides Management led the round in the legal AI company, with Bessemer, General Catalyst and Menlo also investing. The round puts it in closer competition with rival Harvey.
Sequoia led the round in the continuous integration startup, with Peak XV, Y Combinator and GV joining. Blacksmith runs automated code build and test jobs, which are seeing more demand as more code is written by AI.
The EQT-managed Scaleup Europe Fund led the round in the Paris-based business planning and forecasting software maker. Existing backers Greenoaks, ICONIQ, IVP and Meritech joined, and Nvidia is set to invest.
A power event took down Google Cloud's europe-west2-b zone in London for over five hours, disrupting services including Revolut, Lloyds Banking Group apps and the courts' video platform.