ControlUp raises $27 million to apply AI to remote machine monitoring

ControlUp leverages AI to help IT teams remediate problems with on-premise, hybrid, and cloud infrastructure. Today, the company raised $27 million in funding to expand its platform for monitoring user experiences for office and work-from-home deployments.

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IBM acquires Instana for its AI-powered app performance monitoring

IBM today acquired Instana, a German-American software firm that specializes in developing application performance management software. The acquisition represents IBM’s continued investment in hybrid cloud, big data, and AI capabilities. Terms of the deal weren’t disclosed.

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ActivTrak raises $50 million to measure remote workers’ productivity

ActivTrak, an Austin, Texas-based cloud productivity monitoring software provider, today raised $50 million in a series B round from Sapphire Ventures. The fresh capital will be used to scale ActivTrak’s go-to-market activities across sales, marketing, and channels and expand the company’s capabilities using AI-driven analytics, according to CEO Rita Selvaggi.

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