Maria Deutscher
Latest from Maria Deutscher
Satellite company Maxar to be acquired by Advent International for $6.4B
Private equity firm Advent International today announced plans to acquire Maxar Technologies Inc., a major satellite manufacturer and operator, for $6.4 billion. The deal includes about $2 billion in debt. It values Maxar at $53 per share, a 129% premium to the Thursday closing price of the company’s stock. “Advent has a proven record of strengthening ...
Dropbox acquires document management startup FormSwift for $95M
Dropbox Inc. has inked a $95 million deal to buy startup FormSwift, which provides a cloud service that companies use to draft business documents. The company announced the acquisition today. The all-cash transaction closed on Thursday. San Francisco-based FormSwift provides a cloud service that offers access to hundreds of document templates. The catalog includes pre-packaged contracts ...
Blockchain startup Aztec Network raises $100M round led by Andreessen Horowitz
Blockchain startup Aztec Network today announced that it has secured a $100 million funding round led by Andreessen Horowitz. More than a half-dozen other investors also participated in the Series B round, which follows a $17 million raise that Aztec Network closed last year. The startup will use the new capital to hire more employees ...
Kyndryl introduces new cloud-native professional service offerings
Kyndryl Holdings Inc. today introduced new professional service offerings that will help organizations build and manage cloud applications. Kyndryl operated as a division of IBM Corp. until last November, when it spun out to become an independent company. Its shares are listed on the New York Stock Exchange. Kyndryl has about 90,000 employees and thousands ...
AWS, Microsoft, Meta and TomTom launch open map data consortium
Amazon Web Services Inc., Microsoft Corp., Meta Platforms Inc. and GPS navigator maker TomTom NV today launched a new industry group focused on making map data more accessible. The newly launched Overture Maps Foundation will operate as part of the Linux Foundation. Notably absent is Google LLC, perhaps an indication that other players view the ...
Pragmatic reels in $35M to manufacture chips without silicon
Pragmatic Semiconductor Ltd., a U.K.-based startup developing a new approach to chip production, today announced that it has raised $35 million from investors. The capital was provided as an extension to a Series C round that Pragmatic had originally closed last year. According to the startup, its latest raise included the participation of British Patient ...
Employee training startup Sana secures $34M in new funding
Sana Labs AB, a startup using artificial intelligence to optimize companies’ employee training programs, has nabbed a $34 million funding round to grow its customer base. Sana announced the Series B round on Tuesday. According to the startup, the investment was led by Menlo Ventures with participation from returning backer EQT Ventures. Multiple angel investors ...
Nerdio raises $117M in funding to simplify virtual desktop management
Virtual desktop startup Nerdio Inc. today disclosed that it has secured a $117 million funding round led by Updata Partners. The Series B round follows a $8 million raise that closed in 2020. Using the new capital, Nerdio plans to more than double its headcount over the next year. The startup intends to grow its leadership ...
Ventana debuts new RISC-V data center processor
Ventana Micro Systems Inc. today debuted a new data center processor, the Veyron V1, that’s based on the open-source RISC-V instruction-set architecture. Ventana claims that the Veyron V1 is the first RISC-V processor capable of matching the performance provided by the most widely used data center chips. Additionally, the startup says that its silicon can ...
AI development startup Dataiku secures $200M funding round
Dataiku Inc., a major provider of tools for building artificial intelligence software, today announced that it has closed a $200 million late-stage funding round. The Series F round was led by Wellington Management. Dataiku is now valued at $3.7 billion, less than the $4.6 billion it was worth following a $400 million investment last August. ...