Maria Deutscher
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Blockchain infrastructure provider InfStones raises $66M funding round
Blockchain infrastructure startup InfStones Inc. today announced that it has closed a $66 million funding round co-led by SoftBank Vision Fund 2 and GGV Capital. The investment comes only a few months after InfStones’ previous $33 million raise. The startup disclosed that it’s now valued at nearly $1 billion. Founded in 2018, InfStones provides a ...
Observability startup Coralogix raises $142M in new funding
Observability startup Coralogix Ltd. today announced that it has closed a $142 million funding round led by Advent International and Brighton Park Capital. The two investment firms were joined by more than a half-dozen other backers. The round, which comes less than a year after Coralogix’s previous raise, brings its total outside funding to $238 ...
GitHub adds more security and automation features to Enterprise Server
Microsoft Corp.’s GitHub unit today updated its GitHub Enterprise Server platform with an array of new features designed to streamline software development projects. GitHub, which was acquired by Microsoft in 2018, operates a popular service for hosting open-source software. The Microsoft unit generates revenue by providing commercial development tools for enterprises. One of its flagship ...
IBM ordered to pay $1.6B to software maker BMC in connection with 2017 lawsuit
A U.S. District Judge has ordered IBM Corp. to pay $1.6 billion to BMC Software Inc., a major provider of enterprise software, in connection with a 2017 lawsuit over a customer contract. The ruling was reported by Bloomberg today. In a statement responding to the development, IBM said that “this verdict is entirely unsupported by ...
Microsoft debuts new Entra product suite to ease identity and access management
Microsoft Corp. today introduced Entra, a new product suite that organizations can use to manage user access to their applications. Entra includes a mix of new and existing products. The suite also incorporates technology that Microsoft obtained last year through the acquisition of CloudKnox Security Inc., a multicloud security startup. The flagship product in Entra ...
Mondu raises $43M for its enterprise-focused buy now, pay later platform
Mondu GmbH today announced that it has closed a $43 million funding round to expand its financial technology platform, which promises to streamline sales and procurement for companies. The round was led by Valar Ventures with participation from Cherry Ventures and FinTech Collective. The investment firms were reportedly joined by a number of “senior executives” ...
One AI launches with $8M in funding to ease natural language processing projects
Startup One AI Inc. today launched from stealth mode with $8 million in funding to help companies add natural language processing features to their applications. The funding was provided by a group of backers that included technology investor Ariel Maislos, Tech Aviv and SentinelOne Inc. Chief Executive Officer Tomer Wiengarten. Several other unnamed venture capital ...
AMD-powered Frontier supercomputer ranked as fastest in the world
The Oak Ridge National Laboratory’s Frontier supercomputer has won the top spot on the Top500 list of the world’s fastest supercomputers. The latest edition of the Top500 list, which was released today, ranks Frontier as the world’s fastest supercomputer with performance of 1.102 exaflops per second. An exaflop equals 1 quintillion, or a million trillion, ...
AWS previews new P4de instance for AI training and high-performance computing
Amazon Web Services Inc. today announced the preview of a new cloud instance dubbed Amazon EC2 P4de that will enable customers to train neural networks faster. P4de also lends itself to high-performance computing applications, or applications that usually run on supercomputers. The instance can power the seismic analysis programs that researchers use to study earthquakes, ...
Cybersecurity startup Lacework lays off 20% of workforce
Cloud security startup Lacework Inc. has laid off 20% of its workforce, Protocol reported on Wednesday. Lacework told the publication in a statement that the move is related to a “decision to restructure our business.” The startup didn’t specify exactly how many workers are leaving. It was earlier reported that Lacework had more than 1,000 ...