Maria Deutscher
Latest from Maria Deutscher
Dexory raises $19M for its robot-powered warehouse monitoring platform
Dexory Ltd., a U.K. startup using 39-foot-tall robots to make logistics warehouses more efficient, has secured $19 million in new funding. Announced today, the Series A round was led by Atomico with participation from several returning investors. Among returning investors was the venture capital arm of logistics giant Maersk A/S. Maersk is also a customer. ...
HashiCorp acquires startup BluBracket for its secrets detection technology
HashiCorp Inc. is buying BluBracket Inc., a venture-backed startup with software that helps developers catch and fix insecure code before it’s released. HashiCorp announced the deal today without disclosing the financial terms. BluBracket previously raised $18.5 million in funding. BluBracket provides a software platform that helps development teams find cybersecurity issues in their code. It ...
Cyera bags $100M to improve cloud data security with large language models
Fast-growing data security startup Cyera US Inc. today announced that it has raised $100 million from a group of prominent backers. The investment, a Series B round, brings the total amount of capital raised by the startup since its launch to $160 million. Accel was the lead investor in the round. Sequoia, Redpoint Ventures and ...
Snowflake and Microsoft expand partnership with focus on AI
Snowflake Inc. is expanding its partnership with Microsoft Corp. to simplify joint customers’ artificial intelligence projects. The expanded partnership was announced at Snowflake Summit 2023, which kicked off today in Las Vegas. A core focus of the collaboration is Microsoft’s Azure OpenAI Service. It provides cloud-based versions of OpenAI LP’s machine learning models, including GPT-4. ...
Chipmaker Wolfspeed secures up to $2B in debt financing from investor consortium
Wolfspeed Inc., a major supplier of silicon carbide chips, is raising up to $2 billion in debt financing to support its manufacturing expansion plans. The transaction was announced this morning. The chipmaker is borrowing the funds from an investor consortium led by Apollo Global Management. The private equity firm, which is best known for buying publicly ...
ThoughtSpot acquires rival business intelligence startup Mode for $200M
ThoughtSpot Inc., a major provider of business intelligence software, today announced that it’s acquiring rival Mode Analytics Inc. for $200 million. The cash and equity deal is likely a win for Mode Analytics investors. Prior to the acquisition, San Francisco-based Mode raised $83 million in funding, or less than half what ThoughtSpot is paying to ...
Arduino’s newest chip offers faster performance and more memory
Chipmaker Arduino s.r.l. today introduced a new microcontroller board, the Uno R4, that offers significantly higher performance than its previous-generation hardware. Switzerland-based Arduino is a major maker of microcontroller boards. Those are miniature computers that take the form of a compact chip measuring a few inches across. Each such chip includes a processor, memory and ...
Accelerant raises $150M for its insurance underwriting platform
Accelerant, an Atlanta-based startup with a software platform designed to ease the work of insurance underwriters, has reportedly secured $150 million in fresh funding. Bloomberg reported the raise on Thursday. It was led by Barings, a subsidiary of MassMutual Co. Accelerant is now reportedly valued at $2.4 billion, or $200 million more than after its ...
Intel and HPE complete assembly of record-breaking Aurora supercomputer
Intel Corp. today announced that all the compute modules of Aurora, an exascale supercomputer it’s helping to build for the U.S. Department of Energy, have been installed. The system is a collaboration among the Energy Department, Intel and Hewlett Packard Enterprise Co. It’s located at the Argonne National Laboratory. Scientists will use the system to ...
EU reportedly set to investigate Amazon’s $1.7B iRobot acquisition
The European Union is expected to launch an investigation into Amazon.com Inc.’s planned acquisition of iRobot Corp. for $1.7 billion. The development was reported this morning by Bloomberg and Reuters. According to the sources cited in the reports, EU antitrust officials are currently conducting a preliminary review of the deal. The full investigation is expected ...