Maria Deutscher
Latest from Maria Deutscher
SASE startup Versa Networks secures $120M in new funding
Versa Networks Inc., the developer of a widely used secure access service edge platform, has secured $120 million in new funding. Versa stated in its announcement of the funding round today that BlackRock was the lead investor. Silicon Valley Bank participated as well. The funding, which raises Versa’s total raised to more than $316 million, ...
Cashierless store startup Trigo closes $100M funding round
Startup Trigo Vision Ltd., which develops technology for building cashierless stores, has closed a $100 million funding round led by Temasek and 83North. Enterprise software maker SAP SE and a number of existing investors also participated in the round, which was announced today. Trigo has raised a total of $199 million from investors since launching. ...
Mobileye’s market capitalization jumps to $23B in trading debut
Shares of Mobileye Global Inc. jumped about 39% in their trading debut today, valuing the vehicle chipmaker at more than $23 billion. Mobileye’s stock began trading on the Nasdaq this morning following an initial public offering on Wednesday that raised $861 million. The company sold 41 million Class A shares for $21 apiece, above the ...
Madrona releases its IA40 2022 list of intelligent application startups
Prominent venture capital firm Madrona Venture Group today released the latest edition of its IA40 list, an annually published list of 40 promising intelligent application startups. Madrona released the first edition of the IA40 list last year. At the time, the firm defined intelligent applications as products that use machine learning to extract useful information ...
SUSE debuts Edge 2.0 platform for running containers at the network edge
Enterprise software maker SUSE SA today debuted Edge 2.0, a new platform that will make it easier for organizations to run software container applications on edge devices. The platform made its debut at the annual KubeCon + CloudNativeCon North America conference running this week in Detroit. The Edge 2.0 platform is based on three existing ...
AWS simplifies cloud-based batch processing with AWS Batch update
Amazon Web Services Inc. today announced that it has integrated its AWS Batch and Amazon EKS services with one another to help companies more easily run batch workloads in the cloud. A batch workload is a program that operates without manual user input. Such programs are used extensively in the enterprise, particularly for machine learning ...
Axelera AI reels in $27M for its edge AI chip
Netherlands-based chip startup Axelera AI B.V. today announced that it has secured a $27 million early-stage funding round. The Series A investment was led by venture capital firm Innovation Industries. The Federal Holding and Investment Company of Belgium participated as well along with imec.xpand, a venture fund associated with the IMEC nanotechnology research lab. Axelera ...
Microsoft debuts Arm-based personal computer for developers
Microsoft Corp. today introduced a new personal computer for developers, the Windows Dev Kit 2023, that features a processor based on Arm Ltd. chip designs. The machine is designed to provide a platform on which developers can write software for Arm-based systems. In recent years, several hardware manufacturers have introduced Windows computers with Arm-based processors. ...
Fermyon raises $20M in early-stage funding for its cloud application platform
Fermyon Technologies Inc., a startup working to simplify the development of cloud applications, today announced that it has closed a $20 million early-stage funding round. Prominent venture capital firm Insight Partners led the Series A round. The firm was joined by more than a half-dozen other investors, including executives from Microsoft Corp., VMware Inc. and ...
Merge API secures $55M to speed up software integration projects
Merge API Inc., a startup making it easier for companies to integrate their software with third-party applications, today announced that it has raised $55 million in new funding. The Series B funding round was led by Accel. New Enterprise Associates and Addition participated as well. Tech firms often integrate their software with third-party applications to ...