Maria Deutscher
Latest from Maria Deutscher
3D printer companies MakerBot and Ultimaker to merge
MakerBot Industries LLC, a major supplier of desktop 3D printers, today announced plans to merge with rival Ultimaker BV. The transaction is expected to be completed by the end of the third quarter. Afterwards, MakerBot Chief Executive Nadav Goshen and Ultimaker CEO Jürgen von Hollen will lead the combined companies as co-CEOs. “This merger marks ...
Google debuts new Pixel phones, Pixel tablet and long-rumored smartwatch
Google LLC is refreshing its Pixel product line with a half-dozen new devices coming over the next year or so, including multiple smartphones, wireless earbuds, a tablet and a smartwatch. The devices made their debut at the company’s annual Google I/O developer event today. Some of the new products are set to launch this year, ...
Workforce management startup Rippling raises $250M at $11.25B valuation
Workforce management startup Rippling today announced that it has closed a $250 million funding round led by Bedrock and Kleiner Perkins. San Francisco-based Rippling, officially named People Center Inc., is now worth $11.25 billion. The startup has nearly doubled its valuation since last October, when it raised another $250 million funding round led by Sequoia ...
IBM and AWS expand cloud partnership with focus on software
IBM Corp. today announced an expanded partnership with Amazon Web Services Inc. designed to make it easier for customers to run its software on the cloud giant’s platform. IBM has an extensive portfolio of software products spanning dozens of categories. More than 30 of those products can be deployed through the AWS Marketplace. As part of ...
Crypto exchange operator KuCoin raises $150M at $10B valuation
KuCoin, a startup that operates one of the world’s most popular cryptocurrency exchanges, has closed a $150 million funding round at a $10 billion valuation. Jump Crypto led the round, which was announced today. Several other investors including Circle Ventures, IDG Capital and Matrix Partners participated as well. KuCoin’s new $10 billion valuation is 100 ...
Email security startup Abnormal Security raises $210M in funding
Cybersecurity startup Abnormal Security Corp. is now valued at $4 billion after closing a $210 million funding round led by Insight Partners. The Series C round, which Abnormal Security announced today, also included the participation of Greylock Partners and Menlo Ventures. The investment brings the San Francisco-based startup’s total outside funding to more than $280 ...
Intel debuts new chips for AI workloads, data center acceleration and laptops
Intel Corp. today expanded its product portfolio with several new chips, including an artificial intelligence processor that it promises will provide twice the performance of Nvidia Corp.’s flagship A100 graphics card. Intel executives detailed the chips at the company’s inaugural Intel Vision event. On the occasion, the company also shared new details about several of ...
ThoughtSpot debuts new features to streamline business intelligence initiatives
ThoughtSpot Inc. today introduced new features for its business intelligence platform to help companies more easily extract insights from their data. Sunnyvale, California-based ThoughtSpot is debuting the features about six months after closing a $100 million funding round. The startup provides a business intelligence platform that is used by four of the top five companies ...
Pyramid Analytics raises $120M for its AI-powered data analytics platform
Data analytics provider Pyramid Analytics Inc. today announced that it has closed a $120 million funding round led by H.I.G. Growth Partners. Founded in 2008, Pyramid provides a data analytics platform that competes with business intelligence tools such as Microsoft Corp.’s Power BI product. The startup’s platform enables companies to turn their business data into ...
AI startup Hugging Face raises $100M in funding at $2B valuation
Hugging Face Inc., the operator of a popular platform for hosting artificial intelligence models, today announced that it has closed a $100 million funding round led by Lux Capital. Lux Capital was joined by Sequoia Capital, Coatue and more than a half-dozen existing Hugging Face backers. The New York-based startup is now reportedly valued at ...