Maria Deutscher
Latest from Maria Deutscher
Autonomous delivery startup Nuro debuts new self-driving vehicle
Autonomous delivery startup Nuro Inc., which reportedly received a $8.6 billion valuation last year, today introduced a new self-driving vehicle that will be used to ferry groceries and other goods to consumers. The vehicle (pictured) can transport about 24 bags of groceries at a maximum speed of 45 miles per hour. Merchandise is stored in ...
Location analytics startup Placer.ai closes $100M investment at $1B valuation
Startup Placer.ai, which helps retailers analyze foot traffic at their stores to identify opportunities for business growth, today revealed that it has closed a $100 million funding round at a $1 billion valuation. The funding round was led by Josh Buckley, chief executive officer of the popular technology website Product Hunt. Several other angel investors ...
Payments startup Checkout.com soars to $40B valuation after $1B funding round
London-based payments processing provider Checkout.com is now one of the most valuable startups in the financial technology market after raising a new $1 billion funding round. Checkout.com, officially Checkout Ltd., announced the funding this morning. Including its latest $1 billion funding round, Checkout.com has raised $1.8 billion since launch. The startup said the primary investors in ...
AIOps startup BigPanda raises $190M at $1.2B valuation
BigPanda Inc., a fast-growing startup competing in the AIOps segment of the enterprise software market, today said that it has closed a $190 million funding round at a $1.2 billion valuation. Advent International and Insight Partners co-led the round. AIOps is the term for software tools that use artificial intelligence to automate some of the ...
Aptiv acquires IoT operating system maker Wind River for $3.4B
Auto parts giant Aptiv PLC is buying Wind River Systems Inc., a firm whose software runs on 2 billion “internet of things” devices, in a $3.4 billion acquisition announced today. Aptiv is acquiring the company from TPG Capital, the private equity arm of investment firm TPG. TPG Capital, in turn, bought Wind River from Intel ...
Sequoia and Paradigm invest $1.15B in electronic trading firm Citadel Securities
Sequoia Capital and Paradigm, an investment firm focused on the cryptocurrency ecosystem, have bought a $1.15 billion stake in electronic trading company Citadel Securities LLC. The New York Times and Wall Street Journal reported the investment today. Citadel Securities LLC is now said to be valued at about $22 billion. Chicago-based Citadel Securities provides electronic ...
Car sharing marketplace Turo files for IPO
Turo Inc., the operator of the world’s largest car sharing marketplace, has filed for an initial public offering on the New York Stock Exchange. San Francisco-based Turo announced its IPO plans late Monday. The startup said in the regulatory filing for the offering that it’s hoping to raise $100 million, a figure often used as ...
Apple says developers have generated $260B in revenue through the App Store
Apple Inc. today shared new data about the growth of the App Store, detailing that developers have generated total revenue of more than $260 billion through the marketplace since its launch in 2008. According to CNBC, the iPhone maker previously stated that developers’ total App Store revenues amounted to more than $200 billion at the ...
Report: UK financial regulators plan to increase scrutiny of cloud providers
U.K. regulators plan to increase their scrutiny of public cloud platforms amid concerns about the impact of a potential future outage, the Financial Times reported late Sunday. Several of the U.K.’s largest banks have inked cloud deals with Amazon Web Services Inc., Microsoft Corp. and Google LLC. Officials are said to be concerned that an ...
Videogame giant Take-Two Interactive acquires Zynga for $12.7B
Video game company Take-Two Interactive Software Inc. today announced plans to acquire Zynga Inc., a major player in the mobile game market, for $12.7 billion. The deal values Zynga at $9.861 per share, a 64.5% premium over the price at which the company’s shares closed on Friday. The steep premium reflects the fact that the ...