Every acquisition, funding round and product launch that matters, in one five-minute email.
Total annual contract value rose 6% to $1.653B, and cloud now makes up 59% of it. GAAP EPS fell to $0.08 from $0.24, while non-GAAP EPS rose to $0.35. Pega warned ACV growth and cash flow may stay under pressure this year.
OpenAI is folding Orchestra's team and its agent-based platform for coordinating biopharma development programs into Rosalind, its life sciences product line. Terms were not disclosed.
Ramp bought treasury software startup Vesto, which links a company's accounts at many banks in one dashboard. Terms were not disclosed. The deal follows Ramp's $1.85B round at a $60B valuation the week before.
Salesforce will pay $47.50 a share in cash for the customer engagement platform, an enterprise value of about $5.66B, and plans to run Braze inside Marketing Cloud under its co-founders. The deal needs Braze shareholder and regulatory approval and is expected to close in Salesforce's fiscal 2028.
Spark Capital led the Series C for ASI, formerly Air Space Intelligence, whose AI planning software is used in aviation, defense and energy. The company says it will use the money to expand into energy, logistics and field deployments.
The AI meeting notetaker raised the money from General Catalyst's Customer Value Fund, which is repaid from the revenue its sales and marketing spending brings in, not exchanged for equity. Otter will use it to expand its enterprise business.
The manufacturing engineering software startup, led by former OpenAI research chief Bob McGrew, came out of stealth with $232M in total funding: a $160M Series A co-led by Altimeter, Accel and Khosla Ventures and a $72M seed. Anduril is a design partner.
FirstMark led the round. Daytona runs sandboxed cloud machines where AI agents execute code and use software tools; customers use it to train and test models and to run agents in production. Total funding is $91M.
Qualitate, which uses AI interviewers to run expert interviews and turn them into searchable research for investors and enterprises, raised a $25M Series A led by Insight Partners.
DHS ordered federal civilian agencies to stop buying DeepSeek products and remove them from their systems, including third-party products built on DeepSeek technology. The order was published in the Federal Register on Oct 20, and exception requests go to CISA.
AuxoAI, which builds production AI systems for Global 2000 companies, raised a $20.7M Series A led by NTTVC.
The French cloud provider said it met all of its fiscal 2026 targets, with 7.2% like-for-like growth and a 42.0% adjusted EBITDA margin, and guided to above 10% growth for fiscal 2027.