Maria Deutscher
Latest from Maria Deutscher
Billionaire Thomas Siebel’s PaaS startup C3 IoT raises $70M
Having a well-known founder can go a long way towards helping a startup attract investors. The latest example of that is C3 IoT Inc., the platform-as-a-service provider led by Silicon Valley billionaire Thomas Siebel, which today raised $70 million in a funding round led by TPG Growth. The cash infusion follows a series of major ...
Facebook’s new compression algorithm could be a game-changer for data storage
Compression is front and center at Facebook’s annual @Scale conference in San Jose. The social networking giant open-sourced a homegrown algorithm called Zstandard at the event today that is described as faster, more efficient and easier to use than many of the most popular alternatives in use today. One of the rival compression technologies that ...
Contact center giant Genesys buys rival Interactive Intelligence for $1.4B
The wave of consolidation currently underway in the contact center automation space is continuing to pick up steam. Genesys Telecommunications Laboratories Inc., one of the largest players in the segment, today announced its intentions to acquire rival Interactive Intelligence Group Inc. for $1.4 billion in cash. The sum represents a hefty 36 percent premium over ...
Okta aims to secure companies’ internal APIs with new identity service
The competition in the API management market is increasing rapidly as more vendors move to capitalize on the estimated 400 percent growth that the segment is expected to see by 2020. The latest entrant is Okta Inc., which is rolling out a new version of its popular identity management platform that promises to help organizations regulate ...
Analysis: Cisco steps up Docker battle with ContainerX acquisition
Like most other incumbent data center vendors, Cisco Systems Inc. is actively working to address the growing adoption of Docker in the enterprise. The company kicked its efforts into high gear today by acquiring a low-level startup called ContainerX Inc. that has developed a platform for managing microservices deployments. According to Dave Bartoletti of Forrester ...
IPO shelved? LogRhythm raises $50M amid public offering rumors
Two months after word leaked that it’s pursuing a public offering, LogRhythm Inc. appears to have had a change of heart. The fast-rising network protection provider announced today that it’s raised $50 million from private investors in a funding round likely meant to delay its stock market debut. The anonymous insiders who leaked LogRhythm’s plans to Bloomberg ...
Glint bags $27 million for its HR analytics platform
Maintaining employee morale is often much easier said than done in large organizations with upwards of thousands of people on the payroll. One of the startups working to ease the task is Glint Inc., which raised $27 million from a group of investors co-led by Meritech Capital Partners and Bessemer Venture Partners this morning to ...
VMware takes its virtualization software to the cloud, again
VMware Inc. may end up becoming a force to be reckoned with in the infrastructure-as-a-service market after all, just not the way it originally planned. The computer and network virtualization company today debuted a new platform called Cloud Foundation that promises to help organizations manage and secure their off-premise workloads more effectively. It combines VMware’s flagship vSphere ...
What you missed in Big Data: Identifying complex patterns
The intensifying competition in the analytics world is driving many startups to seek additional funding or, if that’s not feasible, a buyout. One of the most recent examples is Hadoop hosting provider Altiscale Inc., which was last week revealed to be in process of finalizing a $125-million-plus acquisition agreement with SAP SA. The deal is ...
What you missed in Cloud: A changing competitive landscape
As Amazon and Microsoft consolidate their hold over the public cloud, smaller providers are being forced to change strategies. Rackspace Hosting Inc. became the latest such contender to shift gears last week by accepting a $4.3 billion takeover bid from private equity firm Apollo Global Management LLC. The deal will take the company off the stock ...