• Goldman Sachs just bought a one-person startup, and it's betting it could change the day-to-day lives of its bankers

    6 days ago - By Business Insider

    Goldman Sachs has bought a one-person startup to help supercharge its bankers' financial modeling skills
    The bank is hoping the cloud-based software can begin to do for investment banking what SecDB, its risk management system, has done for the securities division by creating a single place where models can be stored and analyzed.
    Goldman Sachs has been searching for years for an investment-banking equivalent to the vaunted risk management system its traders use. It may have just found it.
    This week, the company agreed to buy ClearFactr, a one-person startup that makes a cloud-based...
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  • Morgan Stanley just invested millions in Samanage, a North Carolina-based Zendesk and ServiceNow competitor

    Morgan Stanley just invested millions in Samanage, a North Carolina-based Zendesk and ServiceNow competitor

    6 days ago - By Business Insider

    Samanage, a cloud-based customer service platform, has raised $30 million.
    Morgan Stanley Expansion Capital led the investment round.
    Customer service and IT company Samanage wants to dethrone it competitors Zendesk and ServiceNow, and now it has another $30 million to work with.
    On Thursday, Samanage announced its series D funding led by Morgan Stanley Expansion Capital , the largest funding round it has had to date. In total, this 11-year-old North Carolina-based company has raised $74 million, and it now has more than 2 million users. With the funding, Samanage, plans to continue...
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  • Morgan Stanley just invested millions in Samanage, a North Carolina-based Zendesk and ServiceNow competitor

    Morgan Stanley just invested millions in Samanage, a North Carolina-based Zendesk and ServiceNow competitor

    6 days ago - By Business Insider

    Samanage, a cloud-based customer service platform, has raised $30 million.
    Morgan Stanley Expansion Capital led the investment round.
    Customer service and IT company Samanage wants to dethrone it competitors Zendesk and ServiceNow, and now it has another $30 million to work with.
    On Thursday, Samanage announced its series D funding led by Morgan Stanley Expansion Capital , the largest funding round it has had to date. In total, this 11-year-old North Carolina-based company has raised $74 million, and it now has more than 2 million users. With the funding, Samanage, plans to continue...
    Read more ...