Maria Deutscher
Latest from Maria Deutscher
Data management startup Hydrolix reels in $80M
Data lake provider Hydrolix Inc. today announced that it has raised $80 million in funding to finance growth initiatives. QED led the investment. It was joined by a dozen other backers, including Akamai Technologies Inc., which resells Hydrolix’s technology to its customers. The round follows a year in which the startup’s revenue grew eightfold. Portland-based ...
Financial technology startup Plaid closes $575M investment at $6B valuation
Plaid Inc., a startup that provides software for connecting financial applications with one another, has raised $575 million in fresh funding. The raise was led by a group of new investors that included Franklin Templeton, Fidelity and BlackRock. Plaid detailed in its announcement of the round today that several returning backers chipped in as well. ...
AI video generation startup Runway raises $308M round at $3B valuation
Runway AI Inc. today announced that it has closed a $308 million funding round led by General Atlantic. The growth equity firm was joined by several other investors including Fidelity, Baillie Gifford, SoftBank Group Corp. and Nvidia Corp. The chipmaker also backed Runway’s previous $141 million funding round in 2023. Bloomberg reported that the artificial ...
Adaptive Security raises $43M for its AI cyberattack simulation platform
Adaptive Security Inc., a startup that helps companies test their cybersecurity posture using simulated social engineering attacks, has raised $43 million in fresh funding. Andreessen Horowitz and the OpenAI Startup Fund led the Series A round. Adaptive Security detailed in its funding announcement today that more than a half-dozen other backers chipped in as well. ...
Cyberhaven nabs $100M for its AI-powered data protection platform
Data security startup Cyberhaven Inc. today announced that it has closed a $100 million funding round to support its growth efforts. The Series D investment was led by StepStone Group with participation from Schroders and Industry Ventures. The raise values Cyberhaven at more than $1 billion, or about seven times what it was worth following ...
Qualcomm weighing acquisition of publicly traded chip designer Alphawave
Qualcomm Technologies Inc. may seek to buy Alphawave IP Group PLC, a U.K.-based designer of connectivity chips. The potential deal was disclosed on Tuesday. In a filing with the London Stock Exchange, Qualcomm stated that it’s weighing an acquisition but “there can be no certainty that any firm offer will be made, nor as to ...
Cerebras wins DARPA contract to build AI system with co-packaged optics
Cerebras Systems Inc., the creator of a wafer-scale chip with nearly 1 million cores, has won a hardware development contract from the U.S. Defense Advanced Research Projects Agency. Reuters reported that the agreement is worth $45 million. As part of the project, Cerebras will develop a new “high-performance computing system” for DARPA. The system will ...
Qualcomm acquires MovianAI to bolster its AI capabilities
Qualcomm Technologies Inc. today announced that it has acquired MovianAI, a Vietnamese artificial intelligence developer. MovianAI is the generative AI arm of VinAI Application and Research JSC, a machine learning research lab. VinAI is a unit of Vingroup, one of Vietnam’s largest conglomerates. The latter company operates hotels, manufactures cars and competes in several other ...
Runway launches new Gen-4 AI video generator
Runway AI Inc. today introduced Gen-4, a new artificial intelligence model that can generate videos based on natural language prompts. New York-based Runway is backed by more than $230 million in funding from Nvidia Corp., Google LLC and other investors. The company launched its first AI video generator, Gen-1, in February 2023. The new Gen-4 ...
Temporal raises $146M for its application reliability platform
Temporal Technologies Inc., a startup that helps developers protect their applications from outages, has raised $146 million in funding at a $1.72 billion valuation. The Series C investment was announced today. Tiger Global led the round with participation from Index Ventures, Sequoia Capital, MongoDB Ventures and other institutional backers. Temporal’s total outside funding now stands ...
