Maria Deutscher
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Qualcomm debuts new flagship Snapdragon processor for mobile devices
Qualcomm Inc. today debuted its new flagship mobile processor, the Snapdragon 8+ Gen 1, which features speed and power efficiency improvements as well as an enhanced machine learning module. The company also introduced two other additions to its product portfolio today. The first is a new processor for midrange mobile devices, while the other is ...
Market data provider Near to go public via SPAC merger
Near Intelligence Holdings Inc., the operator of a cloud-based market data platform that helps companies with tasks such as measuring the number of shoppers who visit their stores, is set to go public. Near announced the move today. The Pasadena, California-based startup will list on the Nasdaq stock exchange by merging with KludeIn I Acquisition ...
Fastly acquires cloud-based software development platform Glitch
Fastly Inc. has acquired Glitch Inc., the operator of a popular cloud-based software development platform used by more than 1.8 million programmers. Fastly announced the acquisition today. The terms of the deal were not disclosed. NYSE-listed Fastly operates a popular content delivery network, or CDN, that organizations use to speed up their websites. The CDN ...
CISA issues warning about vulnerabilities in VMware and F5 products
The U.S. Cybersecurity and Infrastructure Security Agency has issued alerts about five software vulnerabilities that likely affect a large number of organizations. Four of the vulnerabilities were found in VMware Inc. products. The fifth vulnerability affects a load balancer from F5 Inc., a publicly traded provider of data center equipment and software. On April 6, ...
Glean raises $100M for its enterprise data search and discovery platform
Six months after exiting stealth mode, enterprise search engine startup Glean Technologies Inc. today announced that it has secured a $100 million funding round at a $1 billion valuation. Sequoia Capital led the investment. Glean has raised a total of $155 million from investors to date. In large organizations, business information is often scattered across ...
Dynatrace posts strong financial results amid cloud growth
Observability provider Dynatrace Inc. today posted fourth-quarter financial results that surpassed analyst estimates across the board. In conjunction, the company announced that Chief Financial Officer Kevin Burns will leave at the end of the year. Burns joined the company in 2016 and led its initial public offering three years later. No reason for his departure ...
Microsoft to update software licensing terms after reported EU antitrust scrutiny
Microsoft Corp. will change the licensing terms of some software products after reportedly drawing scrutiny from antitrust regulators in the European Union. Microsoft President and Vice Chair Brad Smith announced the move in a blog post today. Last year, a number of cloud providers in the EU filed regulatory complaints against Microsoft over its software ...
Strata Identity debuts new open-source tool to ease multicloud security
Startup Strata Identity Inc. today debuted a new open-source tool dubbed Hexa that promises to simplify cybersecurity for organizations using multiple public clouds. Boulder, Colorado-based Strata launched in 2019 and raised a $11 million funding round led by Menlo Ventures last year. The startup provides a software platform that helps companies secure their multicloud environments. Hexa, the ...
Unit secures $100M round at $1.2B valuation for its banking-as-a-service platform
Insight Partners has led a $100 million funding round for Unit Finance Inc., a startup helps companies launch new financial services faster. The round, which Unit announced this morning, also included the participation of Accel, Better Tomorrow Ventures, Flourish Ventures, Moving Capital and Stepstone. The startup is now valued at $1.2 billion. Unit provides a ...
Chip startup Cornami raises $68M+ round to enable more secure data encryption
Cornami Inc., a startup with a specialized processor that can help companies protect their business data from cyberattacks, has raised more than $68 million in funding to support go-to-market initiatives. Cornami announced the funding round today. SoftBank Vision Fund 2 led the investment, while Impact Venture Capital, Octave Ventures and multiple existing investors participated as ...