Maria Deutscher
Latest from Maria Deutscher
Low-code development startup Genesis raises $200M round led by Tiger Global
Genesis Global Technology Ltd., a startup with a low-code application development platform for financial services firms, today said it has closed a $200 million funding round led by Tiger Global. The Series C round also included the participation of several other prominent backers. Alphabet Inc.’s GV startup fund, Salesforce Ventures, Accel, Illuminate Financial, Insight Partners ...
Cybersecurity startup Securonix raises $1B+ after doubling recurring revenue
Cybersecurity startup Securonix Inc. today announced that it has raised more than $1 billion in fresh funding to fuel growth initiatives. The investment was led by private equity firm Vista Equity Partners, which counts major enterprise technology firms such as Tibco Software Inc. among its portfolio companies. Volition Capital and Eight Roads Ventures participated as ...
Google Workspace receives AI-generated text summaries and embedded maps
Google LLC today updated its Google Workspace productivity suite with new features that will enable users to create more sophisticated documents and navigate large volumes of text faster. Most of the enhancements are rolling out to Google Docs, the document editor included in Google Workspace. One of the main highlights is a new artificial intelligence ...
Media content management startup Cloudinary valued at $2B in $100M+ secondary sale
Cloudinary Ltd., a startup that helps brands manage their media content and ensure it loads quickly for users, has secured a more than $100 million secondary investment from Blackstone Growth. The investment, announced today, values Cloudinary at $2 billion. The deal comes a few months after the startup reached another major business milestone: Its annualized ...
AMD closes landmark $50B acquisition of chipmaker Xilinx
Advanced Micro Devices Inc. has closed its acquisition of programmable chipmaker Xilinx Inc., the company said today. AMD first announced plans to buy Xilinx in October 2020 through an all-stock transaction originally valued at $35 billion. According to Reuters, the deal’s value has since climbed to about $50 billion because AMD’s share price increased substantially ...
Intel teams up with Benteler and Beep to develop self-driving shuttles
Intel Corp. today announced that it’s teaming up with auto parts giant Benteler International AG and transportation startup Beep Inc. to deploy fully autonomous shuttles in the U.S. The planned shuttles are set to feature so-called Level 4 autonomy, meaning they will be capable of driving without any human input. Reuters reported that the vehicles ...
Intel details plan to launch blockchain accelerator chip
Intel Corp. today announced plans to launch a blockchain accelerator chip later this year that will be capable of running an algorithm commonly used for bitcoin mining. The chip was created by a business unit known as the Custom Compute Group. Intel formed the unit to “develop custom silicon platforms optimized for customers’ workloads,” stated ...
Google Cloud launches new AMD-based instances for high-performance workloads
Google LLC’s cloud business on Thursday announced the general availability of the C2D instance series, which is based on Advanced Micro Devices Inc.’s newest Epyc server processors. The C2D instances target performance-intensive workloads such as semiconductor design software and databases. The launch continues AMD’s recent momentum in the cloud market, which helped double its data ...
Superconductive raises $40M for its data quality technology
Data quality startup Superconductive today said that it has secured a $40 million funding round led by prominent technology investor Tiger Global. Index, CRV and Root Ventures participated in the Series B round as well. Salt Lake City-based Superconductive has raised a total of $64.5 million in funding since launch. Superconductive develops Great Expectations, a ...
API security startup Salt Security valued at $1.4B in latest $140M funding round
Salt Security Inc., a startup focused on protecting application programming interfaces from cyberattacks, has raised $140 million in new funding after increasing revenue fivefold over the past year. Alphabet Inc.’s CapitalG investment arm led the funding round, which was announced by Salt Security today. The Palo Alto, California-based startup is now valued at $1.4 billion. ...