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Data management platform provider Reltio has raised $40 million in new funding as it pushes into new sectors and markets to grow in. The Redwood City startup works primarily with large Fortune 200-type companies, providing them with a way to access data and collaborate in the cloud across divisions in a timely way. Click here to get the free daily TechFlash Silicon Valley newsletter.
There’s an old saying about plumbing: you never think about it until there’s a problem with it. Then the plumber is your best friend in the world. With today’s frenetic excitement around all things digital, it’s easy to forget about the plumbing. But if your plumbing isn’t working properly, then nobody’s happy.
Earlier this month, it was announced that Microsoft (MSFT) and Salesforce (CRM) have joined in the $5.3 billion leveraged buyout deal of Informatica.