Maria Deutscher
Latest from Maria Deutscher
Vic.ai raises $52M for its AI-powered accounting automation platform
XFO Financials Inc., an accounting automation startup that does business as Vic.ai, has raised $52 million through a new funding round announced today. Existing Vic.ai investors GGV Capital and ICONIQ Growth led the Series C round. Two other returning backers, Cowboy Ventures and Costanoa Ventures, participated as well. The company’s total outside funding now stands ...
Reverse proxy startup ngrok raises $50M in funding
San Francisco-based startup ngrok Inc., the developer of a reverse proxy platform used by more than 5 million developers, today announced that it has closed a $50 million funding round. The Series A round was led by Lightspeed Venture Partners. Coatue participated as well. In the enterprise, network requests sent from one server to another ...
MessageGears raises $62M for its cloud-based customer engagement platform
Customer engagement startup MessageGears LLC today announced that it has secured a $62 million funding round led by Long Ridge Equity Partners. Argentum Group and Atlanta Ventures participated as well. Since launching in 2011, MessageGears has raised a total of $80 million from investors. Atlanta-based MessageGears provides a platform that brands use to send marketing ...
Microsoft inks $2.8B cloud deal with London Stock Exchange Group
Microsoft Corp. today announced that it has inked a cloud computing deal worth at least £2.3 billion, or about $2.8 billion, with London Stock Exchange Group plc. Microsoft Corp. will acquire a 4% stake in LSEG as part of the transaction. Scott Guthrie, executive vice president of the technology giant’s cloud and AI group, will ...
Thoma Bravo to acquire Coupa for $8B
Coupa Software Inc., a publicly traded provider of software for managing business spending, has agreed to be acquired by Thoma Bravo for $8 billion. The all-cash deal was announced this morning. It includes a significant minority investment from a wholly owned subsidiary of the Abu Dhabi Investment Authority. The $8 billion that Thoma Bravo is ...
Microsoft acquires optical networking startup Lumenisity
Microsoft Corp. has acquired Lumenisity Ltd., a startup developing high-speed optical cables for data center and carrier networks. Microsoft announced the acquisition today. The company didn’t disclose the transaction’s financial terms, but detailed that it plans to use Lumenisity’s networking technology to enhance its cloud infrastructure. “The acquisition will expand Microsoft’s ability to further optimize ...
Kubernetes receives new cybersecurity and management features
The developers of Kubernetes have released new features for the software container management platform that will make it easier to secure and maintain. The features are available in Kubernetes 1.26, the latest version of the platform, which rolled out late Thursday. Companies build applications using software containers to make them more efficient. The technology provides ...
FTC sues to block Microsoft’s proposed Activision Blizzard acquisition
The U.S. Federal Trade Commission today filed suit to prevent Microsoft Corp. from completing its proposed purchase of Activision Blizzard Inc. for $68.7 billion. Santa Monica, California-based Activision Blizzard develops a series of popular video games with 368 million monthly active users. Last quarter, the company generated operating income of $485 million on $1.78 billion ...
TripActions raises $400M in credit facility ahead of expected IPO
TripActions Inc., a startup with a cloud platform that companies use to manage business trips and employee expenses, has secured $400 million in a credit facility. The company announced the new financing today. Most of the funds were provided by Goldman Sachs in the form of a warehouse debt facility worth up to $300 million. Additionally, ...
Trust and safety startup Cinder launches from stealth mode with $14M in funding
Cinder today launched from stealth mode with a software platform that enables trust and safety teams to work more efficiently. Ahead of its launch from stealth, Cinder raised $4 million in seed funding and a $10 million Series A round. Both investments were led by Accel. Organizations such as social media companies have trust and ...