Maria Deutscher
Latest from Maria Deutscher
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 ...
Palantir shares plunge on mixed first-quarter earnings and guidance
Palantir Technologies Inc. today posted mixed first-quarter financial results and a lower-than-expected revenue guidance, sending its shares tumbling more than 20% on the Nasda exchange. The Denver, Colorado-based company makes software that enables organizations to collect data from many different sources and analyze it to find insights. The company originally focused on public-sector customers such ...
Government agencies and state firms in China will reportedly replace foreign PCs
China has ordered central government agencies and state firms to replace personal computers from foreign companies with domestic alternatives, Bloomberg reported today. Staffers at organizations to which the order applies were reportedly asked to turn in foreign PCs after a recent weeklong break. The plan is expected to be carried out over the next two ...
Google Cloud is forming a dedicated Web3 team
Google LLC’s cloud division is forming a new team that will focus on the Web3 ecosystem. The team will reportedly be led by James Tromans, a technical director at Google Cloud who joined the division in 2019. Tromans previously worked at Citigroup Inc. in various executive roles. The Web3 team is set to include Google ...
Datadog reports 83% quarterly revenue jump and buys Hdiv Security
Cloud monitoring provider Datadog Inc. today posted fiscal first-quarter financial results that exceeded analysts’ revenue and profit expectations. The company also announced that it’s acquiring Spain-based cybersecurity startup Hdiv Security SL. The financial terms of the deal were not disclosed. Nasdaq-listed Datadog provides a platform that companies use to monitor their infrastructure technology environments, and in particular ...