Five Minute Briefing - Information Management
November 27, 2024
Five Minute Briefing - Information Management: November 27, 2024. A concise weekly report with key product news, market research and insight for data management professionals and IT executives.
News Flashes
Tricentis, a global leader in continuous testing and quality engineering, is announcing a significant investment from GTCR, a leading private equity firm, having signed a definitive agreement to invest $1.33 billion, bringing the company's valuation to $4.5 billion. Joining Tricentis' other investor—Insight Partners—this investment reflects Tricentis' value in delivering continuous testing and quality engineering technology, aiming at further expansion.
AppViewX, a leader in automated certificate lifecycle management (CLM) and public key infrastructure (PKI) solutions, is announcing that Haveli Investments—a private equity firm with deep expertise in enterprise software—has made a strategic majority investment in AppViewX. This investment empowers AppViewX to expand its market leadership and accelerate growth of its AVX ONE platform—the most advanced SaaS CLM platform for enterprise PKI, IAM, security, DevOps, cloud, platform, and application teams.
Domino Data Lab, provider of the leading Enterprise AI Platform trusted by the largest AI-driven companies, is announcing an array of platform capabilities and integrations with leading AI innovators—AWS, NetApp, and NVIDIA—that focus on accelerating AI time-to-value while reducing costs and risk. Accompanied by Domino's ongoing momentum in the SaaS market—having experienced a 750% increase in annual recurring revenue (ARR) over the last year—the company continues its rapid innovation in the AI enablement space.