Maria Deutscher
Latest from Maria Deutscher
Uber shares jump on strong third-quarter results and forecast
Shares of Uber Technologies Inc. jumped more than 12% today following the release of its third-quarter financial results, which exceeded analyst expectations in several areas. Uber closed the three months through Sept. 30 with revenue of $8.3 billion, a 72% increase from a year ago. Analysts polled for the Refinitiv consensus estimate had expected $8.12 ...
Air taxi startup Volocopter raises $182M in new funding
Air taxi startup Volocopter GmbH today announced that it has secured $182 million in new funding. The capital was raised in the second signing of a Series E funding round that the startup originally disclosed earlier this year. In the first part of the Series E round, Volocopter raised $170 million from investors. Saudi Arabia’s Neom ...
Topline Pro raises $5M for its AI-powered website development platform
Topline Pro, a startup using artificial intelligence to help small businesses develop websites, today announced that it has raised $5 million in seed funding. The funding was provided by Bonfire Ventures, TMV, BBG Ventures and Flybdridge Graduate Syndicate. A number of angel investors took part as well. New York-based Topline Pro, incorporated as Dwelling Management ...
Gartner: Spending on public cloud services will exceed $591B in 2023
Worldwide spending on public cloud services will grow 20.7% in 2023, to $591.8 billion, according to a new Gartner Inc. forecast released today. The research firm also released its spending projection for 2022. Gartner expects organizations to spend $490.3 billion on cloud services this year, a 18.8% increase from the $412.6 billion invested during 2021. ...
Contract management startup Icertis raises $150M in debt financing
Icertis Inc., a contract management startup that counts Google LLC and Microsoft Corp. among its customers, has raised $150 million in debt financing. Icertis announced the financing round today. The round, which was provided by Silicon Valley Bank, includes $75 million in convertible debt and a $75 million revolving credit facility. Bellevue, Washington-based Icertis provides ...
Couchbase adds new storage and security features to its Capella database service
Couchbase Inc. today introduced a new release of Capella, its managed database service, that features an expanded set of data storage and security capabilities. Nasdaq-listed Couchbase provides a popular NoSQL database of the same name. Capella is a managed, cloud-based version of the company’s database that automates maintenance tasks such as infrastructure management. Capella is ...
Google updates its Skaffold code deployment tool with new automation features
Google LLC today introduced a new version of its open-source Skaffold code deployment tool, which makes it easier for companies to build software container applications. Deploying a new container application and releasing updates to existing workloads can require a significant amount of time. Skaffold, which Google originally released in 2019, reduces the amount of time ...
Amazon to open new internet satellite factory
Amazon.com Inc. will open a satellite production facility in Kirkland, Washington to support its multibillion-dollar Project Kuiper initiative. The company announced the plan on Thursday. Project Kuiper is an initiative through which Amazon plans to build and deploy more than 3,200 internet satellites in orbit. According to the company, its satellite constellation will provide internet ...
AWS debuts Amazon Neptune Serverless to optimize graph database environments
Amazon Web Services Inc. on Wednesday introduced a serverless edition of Amazon Neptune, its cloud-based graph database service. The newly introduced Amazon Neptune Serverless is intended to ease administrators’ day-to-day work. In the process, the offering promises to help reduce cloud infrastructure costs. A graph database is a type of specialized database that stores not ...
UserTesting to be acquired for $1.3B by private equity firms
UserTesting Inc., a publicly traded provider of software testing tools, will be acquired by private equity firms Thoma Bravo and Sunstone Partners for approximately $1.3 billion. UserTesting announced the transaction this morning. The $1.3 billion acquisition price values the San Francisco-based company at $7.5 per share, a 94% premium to the Wednesday closing price of ...