Maria Deutscher
Latest from Maria Deutscher
Check Point Software buys secure networking startup Perimeter 81 for $490M
Check Point Software Technologies Ltd. is paying $490 million to buy Perimeter 81 Ltd., a startup that helps workers securely log into their companies’ internal applications. The acquisition was announced this morning. It’s a so-called cash free, debt free deal, which means Check Point Software isn’t assuming any of the cash or debt on Perimeter 81’s balance ...
White House launches contest to improve critical infrastructure cybersecurity with AI
The White House today announced the AI Cyber Challenge, a contest designed to improve the cybersecurity of the United States’ critical infrastructure. The contest was detailed during Black Hat USA 2023, a major cybersecurity event taking place this week in Las Vegas. The AI Cyber Challenge will run for two years. Participants will be tasked ...
Deepset nabs $30M to speed up natural language processing projects
Deepset GmbH today announced that it has raised $30 million to enhance its open-source Haystack framework, which helps developers build natural language processing applications. The Berlin-based startup will also use the capital to extend its commercial offering, a cloud platform called Deepset Cloud. The offering is partly based on Haystack. Balderton Capital led Deepset’s latest ...
AI development tooling startup Weights & Biases reels in $50M
Weights & Biases Inc., a startup helping Nvidia Corp. and OpenAI LP build artificial intelligence models faster, today announced that it has raised $50 million in funding. Former GitHub Chief Executive Officer Nat Nat Friedman and former Y Combinator partner Daniel Gross led the round. A half-dozen institutional investors, most of them existing backers, contributed ...
Rubrik acquires data security startup Laminar for reported $100M+
Rubrik Inc. is acquiring Laminar Technologies Inc., a startup that helps companies map out their cloud-based data assets and find insecurely stored information. Rubrik didn’t disclose the financial terms in its announcement of the deal today. However, a source told TechCrunch that the acquisition values Laminar at more than $100 million. Two other sources claimed that ...
Nvidia debuts upgraded GH200 Grace Hopper chip with high-speed memory
Nvidia Corp. today debuted an upgraded version of its GH200 Grace Hopper chip that will enable companies to run more sophisticated language models. Nvidia Chief Executive Officer Jensen Huang detailed the chip during a keynote at Siggraph, a computer graphics conference taking place this week in Las Vegas. Huang said the GH200 (pictured) is currently ...
Datadog tops earnings estimates, but mixed guidance sends its stock falling
Datadog Inc. today posted strong second-quarter results that topped the market’s expectations, but its revenue guidance missed the mark and sent its stock plummeting. The company’s shares are currently down more than 17% in trading. New York-based Datadog sells a platform that organizations use to monitor their infrastructure for technical issues. The platform can detect ...
Rasgo introduces data analytics platform powered by GPT-4
Startup Rasgo Intelligence Inc. today debuted Rasgo AI, a software platform that uses OpenAI LP’s GPT-4 model to help companies extract insights from their data. New York-based Rasgo is backed by $25 million in funding. It raised most of that capital through a $20 million Series A round announced in June 2021. At the time, ...
SandboxAQ releases post-quantum cryptography ‘meta-library’ for developers
Well-funded quantum software startup Sandbox AQ today debuted Sandwich, an open-source framework designed to help developers build more secure applications. SandboxAQ, officially SB Technology Inc., spun out of Alphabet Inc. last year. It went on to raise $500 million from a group of prominent investors. The startup counts Salesforce Inc. founder Marc Benioff’s TIME Ventures ...
Simon Data reels in $54M for its AI-powered customer data platform
Simon Data Inc., a startup with a platform that combines the features of an analytics tool and marketing automation software, has secured $54 million in new funding. The capital was raised through a Series D round that the startup announced today. Macquarie Capital was the lead investor. Multiple returning backers, among them Polaris, .406 Ventures ...