Maria Deutscher
Latest from Maria Deutscher
Lamini raises $25M for its AI development and inference platform
Lamini, a startup with a platform for building artificial intelligence models and deploying them in production, has received $25 million from a who’s who of tech investors. The company announced the investment, which was spread over two funding rounds, on Thursday. Lamini’s institutional backers include Advanced Micro Devices Inc.’s venture capital arm, First Round Capital ...
SolarWinds shares climb 4%+ on expectation-topping earnings
SolarWinds Corp.’s share price closed 4.6% higher today after the company posted first-quarter revenue and earnings that topped the consensus estimate. Austin-based SolarWinds sells software for managing information technology infrastructure. Administrators use it to check that network devices’ configuration is in order, ensure the attached storage hardware isn’t running slowly and perform related tasks. SolarWinds ...
Menlo Security inks cybersecurity partnership with Google Cloud
Startup Menlo Security Inc. today announced that it’s partnering with Google LLC’s cloud unit to help joint customers improve their cybersecurity. Founded in 2012, Menlo Security is backed by more than $260 million from Vista Equity Partners, General Catalyst and other investors. It provides software that helps companies fend off browser-borne threats such as phishing ...
Galileo debuts Protect hallucination firewall as AI model accuracy comes into sharper focus
Startup Galileo Technologies Inc. today debuted a new software tool, Protect, that promises to block harmful artificial intelligence inputs and outputs. The company describes the product as a real-time hallucination firewall. It’s the latest in a series of newly launched software tools designed to help companies block their AI models from generating inaccurate responses. Some ...
Anthropic introduces Team subscription tier for Claude 3, iOS app
Anthropic PBC today debuted a new subscription offering, Claude Team, that will enable companies to use its Claude 3 large language model series more easily. The service is rolling out alongside the company’s first mobile app. The app, which is available at no charge on iOS, works with both the free and paid tiers of ...
Oasis Security reels in $35M more to secure nonhuman identities
Cybersecurity startup Oasis Security Ltd. today disclosed that it has raised another $35 million through an extension of a Series A round originally announced in January. The latest capital infusion, which was led by Accel, Cyberstarts and Sequoia Capital, doubles the size of the original investment. It brings Oasis’ total outside funding to $75 million. There ...
CoreWeave raises $1.1B at $19B valuation to grow its GPU cloud
CoreWeave Inc., the operator of a cloud platform optimized for graphics card workloads, today announced that it has closed a $1.1 billion funding round. The Series C raise reportedly values the company at $19 billion. That’s up from the $7 billion it was worth following a $642 million secondary sale in December. Fidelity Management, which ...
SIEM startup RunReveal reels in $2.5M to reduce cybersecurity false positives
Cybersecurity startup RunReveal Inc. today launched its first product into general availability and disclosed the completion of a $2.5 million seed round. Costanoa Ventures led the investment. According to RunReveal, the capital will help finance hiring initiatives and the development of additional products. RunReveal offers a SIEM, or security information and event management, platform that ...
Subscription growth boosts Commvault’s fourth-quarter revenue by 10%
Commvault Systems Inc. today reported that it generated $223.3 million in revenue during its fiscal fourth quarter ended March 31, 10% more than the same time a year earlier. The company’s stock closed up 3% on the expectation-topping results. Commvault attributed the sales jump entirely to growing demand for its subscription-based products. The company provides a ...
Network security startup Corelight reels in $150M
Corelight Inc., a startup using open-source tools to detect malicious traffic in enterprise networks, today disclosed that it has closed a $150 million Series E funding round. Returning backer Accel led the investment. It was joined by the venture capital arms of Cisco Systems Inc. and CrowdStrike Holdings Inc., both major players in the cybersecurity ...