tech:

taffy

Alation raises $50M

Redwood City, Calif.-based data catalog company Alation has raised $50 million in a Series C funding round. The investment was led by Sapphire Ventures, with participation from new investor Salesforce Ventures and existing investors Costanoa Ventures, DCVC (Data Collective), Harmony Partners, and Icon Ventures.

Alation says it combines machine learning and human collaboration to data-driven decisions. Its customers include the City of San Diego, eBay, Munich Re and Pfizer, according to a statement by the company.

[Image courtesy: Alation]

Just in

Biden signs TikTok ‘ban’ bill into law, starting the clock for ByteDance to divest it — The Verge

President Joe Biden signed a foreign aid package that includes a bill that would ban TikTok if China-based parent company ByteDance fails to divest the app within a year, writes Lauren Feiner.

IBM to acquire HashiCorp for $6.4B

IBM and HashiCorp have entered into an agreement for IBM to acquire HashiCorp, a provider of infrastructure and security management products, for $6.4 billion.

Oracle is moving its world headquarters to Nashville to be closer to health-care industry — CNBC

Oracle Chairman Larry Ellison said Tuesday that the company is moving its world headquarters to Nashville, Tennessee, to be closer to a major health-care epicenter, writes Ashley Capoot.