Maria Deutscher
Latest from Maria Deutscher
Komprise nabs $37M for its unstructured data management platform
Komprise Inc. has raised $37 million in funding to expand the adoption of its data management platform, which the startup says can help companies move on-premises workloads to the cloud more efficiently. The Campbell, California-based company announced the investment today. The participating investors included Canaan Partners, Celesta Capital, Multiplier Capital and Top Tier Ventures. It has ...
Justice Department and eight states sue Google to break up its ad tech business
The U.S. Department of Justice and eight states today filed an antitrust lawsuit against Google LLC that seeks to break up the search giant’s advertising technology business. The states participating in the litigation are Virginia, California, Colorado, Connecticut, New Jersey, New York, Rhode Island and Tennessee. The lawsuit follows months of reports that Google could ...
Stripe becomes a strategic payments partner for Amazon
Amazon.com Inc. plans to broaden its use of Stripe Inc.’s payment processing platform significantly as part of an expanded partnership that the companies announced today. Stripe, in turn, will expand its use of Amazon Web Services Inc.’s public cloud. The payments startup already runs multiple internal workloads on AWS. San Francisco-based Stripe operates a popular ...
Cryptocurrency exchange Gemini reportedly lets go 10% of workforce
Cryptocurrency exchange operator Gemini Trust Co. LLC is laying off 10% of its workforce, according to an internal memo published by The Information today. The headcount reduction is the third Gemini has made since last June. That month, following a decline in cryptocurrency prices, the company let go a tenth of its staff. A few ...
McKinsey acquires AI development startup Iguazio
Management consulting firm McKinsey & Co. today announced that it has acquired Iguazio Ltd., a startup with a platform for automating artificial intelligence development projects. The terms of the deal were not disclosed. Iguazio previously raised $72 million from Samsung Electronics Co. Ltd. and other investors. McKinsey is one of the largest players in the ...
AWS will invest $35B to expand its Virginia data center presence
Amazon Web Services Inc. will invest $35 billion by 2040 to build new data center infrastructure in Virginia. The investment plan was announced today. As part of the initiative, AWS will establish new data center campuses in “multiple regions” of Virginia. The exact locations of the data center campuses have not yet been decided. AWS ...
Client management startup Copilot secures $10M in funding
Copilot Platforms Inc., the developer of a cloud-based client management portal for service businesses, has secured $10 million in funding to support product development efforts. The company announced the Series A investment on Thursday. According to the startup, the capital was provided by YC Continuity and prominent angel investor Lachy Groom. It has raised a total ...
Alphabet to let go 12,000 employees amid broader tech layoffs
Google LLC parent Alphabet Inc. today announced plans to lay off about 12,000 employees, or about 6% of its global workforce. The job cuts affect multiple business units. According to the Wall Street Journal, Alphabet’s recruiting group and divisions focused on areas “outside of the company’s core businesses” will be particularly affected. According to CNBC, ...
Oro reels in $13M for its business-to-business commerce applications
Startup Oro Inc., which helps business-to-business companies create online stores and optimize related aspects of their sales efforts, has closed a $13 million funding round. Oro announced the round this morning. It was led by Zubr Capital with participation from returning backer Highland Europe. The investment brings Oro’s total outside funding to $25 million. The ...
Outrider raises $73M for its autonomous yard trucks
Outrider Technologies Inc., a startup developing autonomous yard trucks equipped with robotic arms, today announced that it has secured $73 million in new funding. The startup raised the capital through a Series C investment led by FM Capital. Outrider has received a total of $191 million from investors since launch. After a semi-truck carrying merchandise ...