Maria Deutscher
Latest from Maria Deutscher
New Arm 5G Solutions Lab seeks to advance 5G technology development
Arm Ltd. today detailed a new initiative to advance the development of 5G technologies and disclosed that the project has the support of several major chipmakers, as well as other market players. The initiative will see the company team up with Tech Mahindra Ltd. to establish a new Arm 5G Solutions Lab. The lab will ...
Remote hiring unicorn Deel ups valuation to $5.5B with latest $425M investment
Deel Inc., a fast-growing startup that helps companies hire remote workers and manage tasks such as payroll administration, has more than quadrupled its valuation in six months thanks to a $425 million funding round announced today. San Francisco-based Deel is now worth $5.5 billion. That’s up from $1.25 billion in April, when the startup received ...
Pagos bags $10M to find ways of improving companies’ payments infrastructure
Pagos Systems Inc. has nabbed a $10 million funding round to develop cloud services that can help companies such as online retailers process customer purchases more efficiently. Underscore VC and Point72 Ventures jointly led the round, which was announced this morning. They were joined by a number of prominent angel investors including senior executives from ...
Alation buys AI startup Lyngo Analytics to make data analytics more accessible
Following a June funding round that valued it at $1.2 billion valuation, Alation Inc. has acquired artificial intelligence startup Lyngo Analytics Inc. to enhance its data intelligence platform. The acquisition was announced this morning. Alation didn’t share the financial terms. Alation’s data intelligence platform aims to solve a major bottleneck in enterprise analytics projects: the difficulty ...
Groove closes $45M round to make enterprise sales teams more productive
Sales software startup Groove Labs Inc. plans to add more large companies to its customer base and grow international operations using a newly closed $45 million funding round, announced today, that was led by Viking Global Investors. Groove’s software is already used by salespeople at several major enterprises. The San Francisco-based startup says it’s helping ...
MagicCube raises $15M to replace cybersecurity chips with software
MagicCube Inc. today announced that it has raised $15 million in funding to extend its software-based trusted execution platform, which the startup says can process sensitive data such as payment information more efficiently than the specialized chips historically used for the task. Mosaik Partners led the round. According to Crunchbase, the company had previously raised ...
HR software startup Hibob raises $150M as it targets fifth year of triple-digit growth
After boosting annual recurring revenues by 160% over the past year, human resources software maker Hibob Inc. has secured $150 million from investors to help it drive more growth. The startup expects to increase sales by an additional 130% next year following the investment. Hibob says that 2022 is projected to mark its fifth consecutive year ...
MLOps startup Weights & Biases valued at $1B after fresh $135M funding round
Startup Weights & Biases Inc., whose software is used by researchers at OpenAI and Nvidia Corp. to develop new artificial intelligence models, today disclosed that it has closed a $135 million investment at a $1 billion valuation. The Series C funding round was provided by Felicis Ventures, BOND, Insight Partners and Coatue. Weights & Biases ...
Tiger Global leads $110M round for technical interviewing startup Karat
Karat Inc., a startup that helps companies interview software engineers faster and free up time for their existing development teams in the process, has closed a $110 million funding round led by Tiger Global. The round, announced this morning, also saw the participation of Norwest Venture Partners, 8VC, Exor, Base Partner and Sempervirens Fund. Seattle-based ...
New MacBook Pros expected as Apple schedules ‘Unleashed’ event for Oct. 18
Apple Inc. today announced an upcoming event titled “Unleashed” where executives are expected to detail upgraded MacBook Pro laptops with a speedy new chip, as well as a faster Mac mini. The event is scheduled to take place at 10 a.m. PDT Oct. 18. Apple hasn’t shared any details on what products will be making ...