Maria Deutscher
Latest from Maria Deutscher
E-commerce technology startup Skio raises $3.7M in funding
Skio, a new startup working to make it easier for e-commerce companies to sell subscription-based offerings, on Thursday said that it has closed a $3.7 million seed funding round. The investment was led by Adjacent Venture Capital with participation from more than a dozen angel investors. A growing number of online retailers are adding subscription ...
White House invites tech firms to discuss open-source software security in January
White House National Security Advisor Jake Sullivan has invited major tech firms to discuss ways that the cybersecurity of open-source software can be improved, Bloomberg reported on Thursday. According to Bloomberg, the tech firms include “major software companies and developers.” Cloud providers are also reportedly among the invited companies. Anne Neuberger, deputy national security advisor for ...
Automation Anywhere buys FortressIQ for its AI-powered process discovery platform
Robotic process automation provider Automation Anywhere Inc. today announced that it’s acquiring FortressIQ Inc., an artificial intelligence startup backed by investors including Tiger Global and Microsoft Corp.’s M12 fund. The deal’s financial terms were not disclosed. Robotic process automation, or RPA, software enables enterprises to automate repetitive work usually done manually by employees. Automation Anywhere’s ...
Amazon reaches NLRB settlement that will let workers more easily organize
Amazon.com Inc. has reached a nationwide settlement with the National Labor Relations Board that will give workers at the company’s warehouses greater flexibility to organize, the New York Times reported today. The agreement is said to have been finalized on Wednesday. It was reportedly reached following six cases in which Amazon workers stated that the ...
Report: FTC Chair Lina Khan is advancing an investigation into AWS
U.S. Federal Trade Commission Chair Lina Khan is advancing an investigation into Amazon Web Services Inc.’s business practices, Bloomberg reported on Wednesday. Also on Wednesday, Reuters reported that the FTC has asked several companies to “gather information about competition issues” related to AWS. The FTC is said to have made the requests over the last ...
Skillsoft buys coding education platform Codecademy for $525M
Publicly traded digital learning provider Skillsoft Corp. is acquiring Codecademy, the operator of a popular education platform that helps users learn how to program. The companies announced the transaction today. The acquisition values Codecademy, officially Ryzac Inc., at about $525 million. Skillsoft will finance the deal with a combination of cash and stock. Codecademy has ...
Amid Omicron concerns, RSA Conference postponed and tech giants scrap CES plans
Concerns about the rapid spread of the new Omicron COVID-19 variant have led organizers of the RSA Conference to postpone the event, while several major tech firms earlier canceled plans to exhibit at CES. The RSA Conference is one of the cybersecurity industry’s most important events, with an attendance that reached tens of thousands of ...
Low-code development startup Retool raises $20M at $1.85B valuation
Retool Inc., the maker of a low-code software development platform used by companies such as Amazon.com Inc., today said that it has closed a $20 million funding round at a $1.85 billion valuation. The Series C round was provided by a group of returning backers. The participants included Sequoia, prominent tech investor Elad Gil, Stripe ...
Data management provider Cohesity confidentially files for IPO
Cohesity Inc., a major data management provider, today announced that it has confidentially with the U.S. Securities and Exchange Commission to go public. The company didn’t go into detail about the planned listing in its brief announcement of the move today. Cohesity stated that the number of shares to be offered and the target price ...
Microsoft acquires AT&T’s Xandr unit to grow its advertising business
Microsoft Corp. has inked a deal with AT&T Inc. to acquire the carrier’s Xandr Inc. advertising technology unit, the companies announced today. Separately, Axios reported this morning that Microsoft is teaming up with publicly traded content recommendation company Taboola Inc. on a new advertising service. The service is said to be aimed at enabling brands ...