Maria Deutscher
Latest from Maria Deutscher
Afresh raises $115M in funding to reduce food waste with AI
Afresh Technologies Inc., a startup using artificial intelligence to help grocery store operators reduce food waste, on Thursday announced that it has closed a $115 million funding round. The Series B round was led by Spark Capital. More than a half-dozen other backers participated as well, including Walter Robb, the former co-chief executive officer of ...
Intel reportedly nearing deal to build $5B+ chip plant in Italy
Intel Corp. and the Italian government are reportedly close to signing a deal that would see the chipmaker build a new multibillion-dollar chip plant in Italy. The news was reported today by Reuters, which attributed the information to two sources familiar with the matter. The deal is expected to be worth $5 billion initially. According ...
Report: Meta could raise up to $10B through corporate bond sale
Meta Platforms Inc. could raise up to $10 billion from investors by selling corporate bonds, Bloomberg reported today. Corporate bonds are a type of financial instrument that companies use to raise debt financing. Meta is reportedly one of the few companies on the S&P 500 stock index that haven’t yet issued corporate bonds. According to Bloomberg’s ...
Datadog posts 74% revenue growth for the second quarter and buys API startup Seekret
Datadog Inc. today posted second-quarter financial results that topped analysts’ revenue and adjusted its earnings expectations. Datadog in conjunction announced the acquisition of Seekret Software Security Ltd., a startup with technology that helps companies manage their application programming interfaces. The terms of the deal were not disclosed. New York-based Datadog provides a popular observability platform ...
Talon raises $100M in funding for its secure enterprise browser
Talon Cyber Security Ltd., the developer of a specialized browser designed to help enterprises reduce the risk of data breaches, today announced that it has raised $100 million in funding. Evolution Equity Partners led the Series A round. It was joined by more than a half-dozen other investors including George Kurtz, chief executive of publicly ...
Chipmaker Semtech acquires IoT specialist Sierra Wireless for $1.2B
Chipmaker Semtech Corp. on Tuesday announced plans to acquire Sierra Wireless Inc., a developer of networking technology for connected devices. The acquisition values Sierra Wireless at $1.2 billion. Shareholders of the company are set to receive $31 per share, a 25% premium to its closing price on July 29, the day before word of the ...
UK antitrust regulator provisionally clears NortonLifeLock’s $8.1B+ merger with Avast
The U.K.’s antitrust regulator, the Competition and Markets Authority, has provisionally cleared the proposed merger of antivirus makers NortonLifeLock Inc. and Avast plc. The CMA announced its decision today. The news sent shares of Avast soaring more than 40%, while NortonLifeLock’s stock is up about 6%. Tempe, Arizona-based NortonLifeLock and Prague-based Avast both provide antivirus ...
Ping Identity to be acquired by Thoma Bravo for $2.8B
Ping Identity Holding Corp., a major provider of identity management software, today announced that it has agreed to be acquired by Thoma Bravo for $2.8 billion. The all-cash transaction values Ping Identity at $28.5 per share. That represents a 63% premium to the Tuesday closing price of the company’s stock. Denver-based Ping Identity provides software ...
Sprig secures $30M in funding to help software teams collect user feedback
Sprig Technologies Inc., a startup that helps companies improve their software based on user feedback, has raised $30 million in funding to support growth initiatives. Sprig announced the investment today. The funding was provided by a group of investors that included Andreessen Horowitz, Accel, First Round Capital, prominent technology investor Elad Gil and Figma Ventures. ...
Cohesity names former VMware COO Sanjay Poonen as CEO
Data management provider Cohesity Inc. today announced that it has appointed Sanjay Poonen, the former chief operating officer of VMware Inc., as its new president and chief executive officer. Poonen (pictured) is replacing Cohesity founder Mohit Aron, who has led the company since its launch in 2013. Aron will move to the role of chief ...