Maria Deutscher
Latest from Maria Deutscher
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 …
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 …
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 …
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 …
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 …
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 …
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 …
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 …
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. …
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 …