Maria Deutscher
Latest from Maria Deutscher
HiBob raises $150M for its cloud-based HR platform
Human resource management startup HiBob today announced that it has raised $150 million in a late-stage funding round, less than a year after closing another $150 million investment. HiBob’s latest raise, a Series D round, was led by General Atlantic at a $2.45 billion valuation. Bessemer Venture Partners and a number of existing investors participated ...
Networking startup DriveNets raises $262M in new funding
Startup DriveNets Ltd., which makes software that telecommunications carriers use to manage their network infrastructure, today announced that it has closed a $262 million funding round led by D2 Investments. According to DriveNets, the Series C round has “considerably” increased its valuation. The startup received a valuation of more than $1 billion after its previous ...
Broadcom debuts new high-speed networking chip for data centers
Chipmaker Broadcom Inc. today introduced the StrataXGS Tomahawk 5, a new processor chip designed to power data center switches. Many enterprise applications are too computationally intensive to run on a single server. As a result, companies often distribute applications across multiple servers. Those machines are linked to one another by a network that they use ...
Cloud optimization startup Sync Computing raises $15.5M
Sync Computing Corp., a startup helping enterprises increase the efficiency of their cloud-based data analytics environments, today announced that it has closed a $15.5 million funding round. The Series A round was led by Costanoa Ventures. Multiple existing backers and angel investors participated as well. According to Crunchbase, the company has raised a total of ...
Amazon asks FTC to limit certain aspects of Prime investigation
Amazon.com Inc. has asked the U.S. Federal Trade Commission to limit certain aspects of an investigation that the agency is conducting into the company’s Prime membership program. The retail and cloud computing giant made the request in a regulatory filing that was released on Monday. Amazon’s Prime program enables users to access discounts and other ...
Cloudian expands product portfolio with new HyperBalance load balancer
Cloudian Inc. today expanded its product portfolio with the introduction of HyperBalance, a new load balancer that companies can use to optimize their storage infrastructure. Cloudian is a data management startup backed by more than $170 million in funding. The startup sells software that companies use to manage their business data, recover from outages and ...
Gorgias nabs $30M to ease customer service for online retailers
Gorgias Inc., a startup with a customer service platform optimized for online retailers, today announced that it has closed a $30 million funding round. Transpose Platform and e-commerce software giant Shopify Inc. jointly led the Series C round. Gorgias is now reportedly valued at $710 million, up from $680 million before the investment. San Francisco-based ...
Unity rejects AppLovin’s $20B merger offer
Video game development specialist Unity Software Inc. has rejected a $20 billion merger offer from AppLovin Corp., a major provider of mobile advertising software. Unity announced the decision today. According to the company, its board has unanimously determined that the merger offer is “not in the best interests of Unity shareholders.” San Francisco-based Unity provides ...
Infrastructure specialist Nutanix to lay off 270 workers
Nutanix Inc. is reportedly laying off about 4% of its workforce, or approximately 270 employees, as part of a cost reduction initiative. The Information reported the move on Thursday. Nutanix, which sells software for managing information technology infrastructure, disclosed the layoffs in a filing with the U.S. Securities and Exchange Commission. The company expects to ...
Google fined $42.7M in Australia over Android’s location tracking settings
Google LLC has agreed to pay a fine of 60 million Australian dollars, or about $42.7 million, to settle a lawsuit filed by Australia’s competition regulator over the location tracking settings in Android. The Australian Competition and Consumer Commission, or ACCC, announced the fine today. The ACCC filed a lawsuit against Google and its Australian ...