Maria Deutscher
Latest from Maria Deutscher
API marketplace startup RapidAPI raises $150M at $1B valuation
RapidAPI has secured $150 million in a new late-stage funding round at a $1 billion valuation to support the growth of its API Hub platform, which helps developers find application components that they can use to build software. Incorporated as R Software Inc., RapidAPI announced the Series D funding round this morning. The startup said SoftBank ...
Data orchestration specialist Astronomer raises $213M and acquires startup Datakin
Data orchestration startup Astronomer Inc. today announced that it has raised $213 million in funding from a consortium led by prolific enterprise software investor Insight Partners. Astronomer also disclosed on the occasion of the Series C round that it has acquired fellow startup Datakin. Berkeley, California-based Datakin helps organizations ensure their business information is accurate. ...
ServiceNow rolls out new RPA tool and expanded industry-specific capabilities
ServiceNow Inc. today debuted a new release of its Now Platform that introduces a robotic process automation tool, as well as an expanded collection of industry-specific features. ServiceNow’s Now Platform is used by information technology teams at many large enterprises to manage their day-to-day work. It can also help streamline the operations of other departments, ...
TokenEx raises $100M to secure financial data in the enterprise
TokenEx Inc., a startup helping companies secure the financial data they process as part of their business operations, today announced that it has raised $100 million in funding from K1 Investment Management. E-commerce companies collect customers’ payment card details when processing online purchases. Other firms, such as insurers, also collect financial data from customers. Ensuring ...
Data science startup Hex closes $52M round backed by Snowflake and Databricks
Hex Technologies Inc., the developer of a data science platform of the same name, today announced that it has closed a new $52 million funding round. The Series B round included contributions from Snowflake Inc. and Databricks Inc., two of the most prominent players in the data management market. Andreessen Horowitz was the lead investor, ...
Alphabet spins off its Sandbox AQ quantum computing unit
Alphabet Inc.’s Sandbox AQ quantum computing unit today spun off into an independent company and announced that it has raised funding from a group of prominent investors. Sandbox AQ, incorporated as SB Technology Inc., didn’t disclose the size of the funding round. But Reuters reported that the investment was in the “nine figures.” Sandbox AQ’s ...
Okta and Microsoft breached by Lapsus$ hacking group
The Lapsus$ hacking group has carried out cyberattacks against Okta Inc. and Microsoft Corp., according to multiple reports published today and later confirmed by both companies. The same hacking group previously compromised proprietary data belonging to Nvidia Corp. and Samsung Electronics Co. Ltd. Publicly traded Okta provides software that companies use to manage how employees ...
Outage takes multiple Apple services and internal systems offline
A technical issue in Apple Inc.’s information technology infrastructure took many of its services offline today and reportedly affected multiple internal systems as well. The outage was resolved after about four hours. According to Protocol, data from outage detection service Downdetector indicates that the incident began around 11:20 a.m. ET. Within an hour, Apple users ...
CommerceIQ raises $115M to streamline brands’ e-commerce operations
E-commerce software startup CommerceIQ Inc. today announced that it has closed a $115 million funding round led by SoftBank Vision Fund 2 at a valuation exceeding $1 billion. All the startup’s existing institutional investors participated as well. The group included Insight Partners, Trinity Ventures, Shasta Ventures and Madrona Venture Group. For consumer brands, selling a ...
Spend management startup Ramp valued at $8.1B after raising $750M
Ramp Business Corp., a startup that helps companies issue corporate payment cards to workers and manage spending, is now valued at $8.1 billion after raising $750 million in new financing. Ramp announced the financing today. The startup closed its previous funding round, a $300 million Series C investment, less than a year ago. Of the ...