Maria Deutscher
Latest from Maria Deutscher
Microsoft to update software licensing terms after reported EU antitrust scrutiny
Microsoft Corp. will change the licensing terms of some software products after reportedly drawing scrutiny from antitrust regulators in the European Union. Microsoft President and Vice Chair Brad Smith announced the move in a blog post today. Last year, a number of cloud providers in the EU filed regulatory complaints against Microsoft over its software ...
Strata Identity debuts new open-source tool to ease multicloud security
Startup Strata Identity Inc. today debuted a new open-source tool dubbed Hexa that promises to simplify cybersecurity for organizations using multiple public clouds. Boulder, Colorado-based Strata launched in 2019 and raised a $11 million funding round led by Menlo Ventures last year. The startup provides a software platform that helps companies secure their multicloud environments. Hexa, the ...
Unit secures $100M round at $1.2B valuation for its banking-as-a-service platform
Insight Partners has led a $100 million funding round for Unit Finance Inc., a startup helps companies launch new financial services faster. The round, which Unit announced this morning, also included the participation of Accel, Better Tomorrow Ventures, Flourish Ventures, Moving Capital and Stepstone. The startup is now valued at $1.2 billion. Unit provides a ...
Chip startup Cornami raises $68M+ round to enable more secure data encryption
Cornami Inc., a startup with a specialized processor that can help companies protect their business data from cyberattacks, has raised more than $68 million in funding to support go-to-market initiatives. Cornami announced the funding round today. SoftBank Vision Fund 2 led the investment, while Impact Venture Capital, Octave Ventures and multiple existing investors participated as ...
GreyOrange raises $110M for its AI-powered warehouse robots
Robotics startup GreyOrange today announced that it has raised $110 million from Mithril Capital and BlackRock. The investment included a mix of equity and debt financing, according to TechCrunch. GreyOrange, officially Grey Orange Pte. Ltd., will use the capital to grow its headcount by hiring an additional 300 workers. The startup plans to expand its ...
Uber teams up with Serve Robotics and Motional for autonomous food deliveries
Uber Technologies Inc. is teaming up with robotics startup Serve Robotics Inc. and Motional Inc., a self-driving vehicle company, to pilot an autonomous food delivery service in California. Uber announced the partnerships today. As part of the pilot program, the company will reportedly deploy robots from Serve Robotics in West Hollywood and Motional vehicles in ...
Sysdig debuts Sysdig Advisor to help developers fix Kubernetes errors faster
Sysdig Inc. today debuted a new software tool called Sysdig Advisor that promises to help companies fix technical issues in their Kubernetes deployments faster. San Francisco-based Sysdig is a unicorn startup backed by more than $700 million in funding. It offers two software products: One focuses on finding cybersecurity vulnerabilities, while the other, a platform ...
Veeam adds new cybersecurity and automation features to its Kasten K10 platform
Data protection giant Veeam Software Corp. today introduced a new version of Kasten K10, its backup and recovery platform for Kubernetes environments. Kasten K10 became part of Veeam’s product portfolio in late 2020 through a startup acquisition. The platform enables companies to create backup copies of the data in a Kubernetes environment and recover them ...
Newly launched AI startup Inflection AI raises $225M in funding
Artificial intelligence startup Inflection AI Inc. has raised $225 million in funding. Inflection AI detailed the funding in a filing with the U.S. Securities and Exchange Commission. The Palo Alto, California-based startup specified that the financing was provided in the form of an equity investment but didn’t disclose the investors who provided the capital. It ...
Twitter shares drop after Elon Musk tweets acquisition is ‘temporarily on hold’
Shares of Twitter Inc. declined more than 9% today after Elon Musk tweeted that his proposed $44 billion acquisition of the social network is “temporarily on hold.” “Twitter deal temporarily on hold pending details supporting calculation that spam/fake accounts do indeed represent less than 5% of users,” Musk tweeted early this morning. In a second ...