Maria Deutscher
Latest from Maria Deutscher
Cogna reels in $15M for its AI-powered ERP platform
Cogna Ltd., a U.K.-based enterprise resource planning startup, today announced that it has raised $15 million in fresh funding. Notion Capital led the Series A round with participation from Hoxton Ventures and Chalfen Ventures. The raise comes a few months after Cogna closed its initial $4.75 million seed investment. The latter round included the participation of ...
UnifyApps reels in $20M for its AI-powered application platform
UnifyApps, a new startup with a suite of software development tools for enterprises, has secured $20 million in funding. TechCrunch reported the investment today. It’s described as a Series A round led by ICONIQ Growth. UnifyApps raised $11 million in seed funding a few months earlier. Founded last year, UnifyApps provides a software suite that ...
Federal court sides with OpenAI in AI copyright lawsuit
A federal court has dismissed a copyright lawsuit that two news outlets brought against OpenAI earlier this year. U.S. District Judge Colleen McMahon issued the ruling on Thursday. The plaintiffs, Raw Story Media Inc. and AlterNet Media Inc., have the option to relaunch the lawsuit in the future with certain revisions. The two publications filed ...
Dynatrace shares close lower despite strong second quarter
Dynatrace Inc. ended today’s trading session with its shares down almost 4% after reporting quarterly results that exceeded the consensus estimate. The Waltham, Massachusetts-based observability provider also upgraded its full-year revenue guidance. Dynatrace provides a platform that helps enterprises spot malfunctions and malicious activity in their technology environments. The software turns incident data into graphs ...
Datadog tops earnings expectations amid cybersecurity, AI growth
Continued demand for Datadog Inc.’s cybersecurity and artificial intelligence features helped the company top earnings expectations in the third quarter. The software maker today posted adjusted net income of 46 cents per share for the three months ended Sept. 30, topping the 39-cent consensus estimate. Datadog’s sales likewise exceeded expectations. Its revenue grew 26% year-over-year, to ...
TSMC, GlobalFoundries reportedly complete CHIPS Act funding negotiations
Taiwan Semiconductor Manufacturing Co. and GlobalFoundries Inc. have hammered out the terms of their CHIPS Act funding agreements, Bloomberg reported today. The companies inked preliminary versions of the contacts earlier this year. The initial terms allocated more than $13 billion worth of grants and loans to the two chipmakers. According to today’s report, the finalized ...
Siit raises $5M for its AI-powered service desk platform
Paris-based startup Siit SAS launched today with $5 million in funding to grow the adoption of its namesake service desk platform. StageOne Ventures and Seventure Partners led the investment. According to Siit’s website, the cash infusion comes about three years after it raised a preseed round of undisclosed size. The company marked today’s funding milestone ...
EU launches antitrust probe into Apple glass supplier Corning
The European Union is launching an antitrust probe into Corning Inc., the Apple Inc. supplier that makes the glass in iPhone displays. The European Commission, the EU’s executive arm, announced the move today. It detailed that the probe focuses on a set of exclusive supply agreements Corning has inked with handset makers and glass processing ...
Lyft inks new partnerships to make autonomous taxis available through its app
Lyft Inc. today announced three new partnerships designed to make autonomous taxis available to users of its ride-hailing app. The first deal is with Intel Corp.’s Mobileye unit. Under the agreement, Lyft will enable its users to take trips in Mobileye-powered autonomous vehicles. The company is also partnering with May Mobility Inc. and Nexar Ltd., two ...
CrowdStrike acquires cloud security provider Adaptive Shield
CrowdStrike Holdings Inc. today announced plans to acquire Adaptive Shield Ltd., a startup that helps companies protect the data they keep in cloud applications. The deal’s financial terms were not disclosed. CTech reported that the transaction is worth $300 million, more than six times the amount that Adaptive Shield has raised from investors. The company ...