Maria Deutscher
Latest from Maria Deutscher
AWS, Microsoft, Meta and TomTom launch open map data consortium
Amazon Web Services Inc., Microsoft Corp., Meta Platforms Inc. and GPS navigator maker TomTom NV today launched a new industry group focused on making map data more accessible. The newly launched Overture Maps Foundation will operate as part of the Linux Foundation. Notably absent is Google LLC, perhaps an indication that other players view the ...
Pragmatic reels in $35M to manufacture chips without silicon
Pragmatic Semiconductor Ltd., a U.K.-based startup developing a new approach to chip production, today announced that it has raised $35 million from investors. The capital was provided as an extension to a Series C round that Pragmatic had originally closed last year. According to the startup, its latest raise included the participation of British Patient ...
Employee training startup Sana secures $34M in new funding
Sana Labs AB, a startup using artificial intelligence to optimize companies’ employee training programs, has nabbed a $34 million funding round to grow its customer base. Sana announced the Series B round on Tuesday. According to the startup, the investment was led by Menlo Ventures with participation from returning backer EQT Ventures. Multiple angel investors ...
Nerdio raises $117M in funding to simplify virtual desktop management
Virtual desktop startup Nerdio Inc. today disclosed that it has secured a $117 million funding round led by Updata Partners. The Series B round follows a $8 million raise that closed in 2020. Using the new capital, Nerdio plans to more than double its headcount over the next year. The startup intends to grow its leadership ...
Ventana debuts new RISC-V data center processor
Ventana Micro Systems Inc. today debuted a new data center processor, the Veyron V1, that’s based on the open-source RISC-V instruction-set architecture. Ventana claims that the Veyron V1 is the first RISC-V processor capable of matching the performance provided by the most widely used data center chips. Additionally, the startup says that its silicon can ...
AI development startup Dataiku secures $200M funding round
Dataiku Inc., a major provider of tools for building artificial intelligence software, today announced that it has closed a $200 million late-stage funding round. The Series F round was led by Wellington Management. Dataiku is now valued at $3.7 billion, less than the $4.6 billion it was worth following a $400 million investment last August. ...
Vic.ai raises $52M for its AI-powered accounting automation platform
XFO Financials Inc., an accounting automation startup that does business as Vic.ai, has raised $52 million through a new funding round announced today. Existing Vic.ai investors GGV Capital and ICONIQ Growth led the Series C round. Two other returning backers, Cowboy Ventures and Costanoa Ventures, participated as well. The company’s total outside funding now stands ...
Reverse proxy startup ngrok raises $50M in funding
San Francisco-based startup ngrok Inc., the developer of a reverse proxy platform used by more than 5 million developers, today announced that it has closed a $50 million funding round. The Series A round was led by Lightspeed Venture Partners. Coatue participated as well. In the enterprise, network requests sent from one server to another ...
MessageGears raises $62M for its cloud-based customer engagement platform
Customer engagement startup MessageGears LLC today announced that it has secured a $62 million funding round led by Long Ridge Equity Partners. Argentum Group and Atlanta Ventures participated as well. Since launching in 2011, MessageGears has raised a total of $80 million from investors. Atlanta-based MessageGears provides a platform that brands use to send marketing ...
Microsoft inks $2.8B cloud deal with London Stock Exchange Group
Microsoft Corp. today announced that it has inked a cloud computing deal worth at least £2.3 billion, or about $2.8 billion, with London Stock Exchange Group plc. Microsoft Corp. will acquire a 4% stake in LSEG as part of the transaction. Scott Guthrie, executive vice president of the technology giant’s cloud and AI group, will ...