Maria Deutscher
Latest from Maria Deutscher
Solid raises $63M for its cloud-based financial technology platform
Startup Solid Financial Technologies Inc. today announced that it has secured a $63 million funding round led by FTV Capital. The Series B round also included the participation of venture capital firm Headline, which led Solid’s previous Series A raise in October 2020. The startup’s valuation is now reportedly five times higher than at the ...
Palo Alto Networks adds new AI features to its Prisma SASE platform
Palo Alto Networks Inc. is expanding its Prisma SASE platform, with new artificial intelligence features for detecting cyberattacks. Palo Alto Networks is a major provider of enterprise cybersecurity software with more than $4 billion in annual revenues. Prisma SASE, the platform that the company updated today, is a collection of products designed to ease the ...
Instant delivery startup Gopuff reportedly raising up to $300M in debt financing
Gopuff, an instant delivery startup that received a $15 billion valuation last year, is reportedly seeking to raise as much as $300 million in new debt financing. The Wall Street Journal reported the news today, citing sources familiar with the startup’s plans. Gopuff, incorporated as GoBrands Inc., operates a so-called instant delivery platform through which ...
IBM and VMware expand their technology partnership
IBM Corp. and VMware Inc. are expanding their long-running partnership to better support customers’ information technology modernization initiatives. The companies announced the move today at the VMware Explore 2022 conference in San Francisco. The expanded alliance places a particular emphasis on public sector organizations, as well as private sector companies in regulated industries such as ...
VMware expands multicloud portfolio at VMware Explore 2022 with new offerings
VMware Inc. today introduced a flurry of new products and features that will enable enterprises to manage their multicloud environments more efficiently. The new additions to VMware’s product portfolio, which made their debut at the company’s VMware Explore 2022 conference, span multiple use cases. Some of the offerings are designed to help companies secure their ...
FTC files lawsuit against data broker Kochava
The U.S. Federal Trade Commission has filed a lawsuit in which it accuses Kochava Inc., an Idaho-based data broker, of selling geolocation data that can be used to track consumers’ movements. The FTC announced the lawsuit today. Kochava is a so-called data broker, or a company that collects information about consumers from multiple sources and ...
StarTree secures $47M in funding for its user-facing analytics platform
StarTree Inc., a startup commercializing the open-source Apache Pinot data analytics platform, today announced that it has secured $47 million in a new funding. The Series B funding round follows a $24 million Series A investment that StarTree announced last May. GGV Capital, one of the participants in last year’s investment, led the startup’s latest ...
Teradata debuts new VantageCloud product suite to ease data analytics in the cloud
Teradata Corp. today launched VantageCloud, a suite of products designed to help companies more easily extract insights from their business data. Publicly traded Teradata is a major player in the data management market. The company sells a data platform that organizations use to centrally store business information and analyze it for useful insights. Last quarter, ...
T-Mobile partners with SpaceX to provide satellite-powered network connectivity
T-Mobile US Inc. will use SpaceX Corp.’s Starlink satellite network to provide cellular coverage to customers, the companies announced on Thursday. Starlink is a constellation of internet satellites deployed in low Earth orbit. It’s designed to provide connectivity in areas that are beyond the reach of traditional ground-based carrier networks. Over the past few years, ...
Enterprise software maker OpenText to acquire Micro Focus for $6B
Enterprise software provider OpenText Corp. will acquire Micro Focus International plc, another major player in the enterprise software market, for $6 billion. The companies announced the acquisition on Thursday. The $6 billion that OpenText is offering values U.K.-based Micro Focus at 5.32 pounds per share, a 98.7% premium to the most recent closing price of ...