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5 hot IT budget investments — and 2 going cold

CIO Business Intelligence

Businesses are exploring new ways to apply low-code data science to unlock insights on how to improve processes, says Matt Mead, CTO at tech modernization firm SPR. “AI Enterprise communications services saw slow but steady 1.6% The unified communications market’s meager 1.6% in 2023, the firm says.

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Who will be the Next Tech Titan? Cast your vote in the GeekWire Awards

GeekWire

Related coverage: Flexe is Seattle’s newest unicorn: Warehousing startup lands $119M, reaches $1B valuation Group14 Technologies Group14 Technologies Chief Technology Officer Rick Costantino, left, and CEO Rick Luebbe inside of the company’s manufacturing factory in Woodinville.

CTO 117
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Spearline announces the acquisition of Callstats

Spearline Testing

This deal will further expand Spearline’s existing product suite and follows the company’s acquisition of the Israeli-based communications solutions provider testRTC in November of last year. Matthew Lawlor, Co-Founder and CTO of Spearline said: “ Our acquisition of Callstats represents a huge step forward for Spearline.

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Recruiting startup SeekOut raises $65M to take on LinkedIn and other talent acquisition companies

GeekWire

From left to right: SeekOut CEO Anoop Gupta; SeekOut CTO Aravind Bala; Madrona Venture Group Managing Director and SeekOut board member S. “Soma” Somasegar; SeekOut head of engineering Vikas Manocha; and SeekOut head of product John Tippett. SeekOut Photo). SeekOut CEO and co-founder Anoop Gupta.

CTO Hire 142
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Recruiting software company SeekOut lays off employees in another round of cuts

GeekWire

SeekOut CEO Anoop Gupta is a former technical assistant to Bill Gates who previously led Microsoft’s Unified Communications Group. Tech giants such as Amazon and Google also laid off employees. He won CEO of the Year honors at the 2022 GeekWire Awards.

Software 112
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SeekOut lays off 7% of staff in restructuring but plans to grow headcount this year

GeekWire

SeekOut CEO Anoop Gupta is a former technical assistant to Bill Gates who previously led Microsoft’s Unified Communications Group. SeekOut has raised $189 million to date. He won CEO of the Year honors at the 2022 GeekWire Awards.

CTO Hire 105
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Latest unicorn sighting in Seattle: SeekOut lands $115M to expand recruiting software

GeekWire

” The people: Gupta is a former technical assistant to Bill Gates who previously led Microsoft’s Unified Communications Group.

Software 129