Maria Deutscher
Latest from Maria Deutscher
Esper raises $60M to help companies build and run Android-powered IoT fleets
Months after its previous funding round, “internet of things” startup Esper Enterprises Inc. today announced that it has raised an additional $60 million from an investor group led by Insight Partners. Seattle-based Esper provides a platform that makes Android-powered IoT fleets easier to build and maintain. Android, best known as a mobile operating system, can ...
Microsoft details new Office 2021 features ahead of Oct. 5 launch
Microsoft Corp. today detailed the features that will be arriving with Office 2021, the next major release of its single-purchase productivity suite. Microsoft’s Office applications are available as part of several different product bundles. Consumers usually buy them as part of the Microsoft 365 offering, which requires a subscription. The newly detailed Office 2021 suite ...
Enterprise finance startup Vareto exits stealth with $24M from prominent investors
Vareto Inc., a new startup with a platform designed to make enterprise finance teams’ work easier, today launched from stealth mode after raising $24 million in funding. Vareto raised the capital over two rounds led by Alphabet Inc.’s GV venture capital arm and Menlo Ventures, respectively. The startup is also backed by no fewer than ...
Snyk raises $75M more from Atlassian and Salesforce
Code security startup Snyk Ltd. has raised $75 million from Atlassian Ventures and Salesforce Ventures in an extension to a $530 million funding round it announced earlier this month. The $530 million round valued Boston-based Snyk at $8.5 billion. The $75 million investment from the venture arms of Atlassian Corp. Plc. and Salesforce.com Inc., which ...
Intel’s new neuromorphic Loihi 2 chip brings tenfold performance boost
Intel Corp. today debuted a new neuromorphic chip, Loihi 2, with 1 million artificial neurons made using a cutting-edge semiconductor manufacturing process not yet in production. The company says that Loihi 2 is up to 10 times faster than its previous neuromorphic processor. Loihi 2 is significant for several reasons. It represents a new milestone ...
DNA-based data storage startup Catalog raises $35M in funding
Catalog Technologies Inc., a Boston-based startup looking to use synthetic DNA to store digital data, has closed a $35 million funding round to support its research efforts. The funding, led by Hanwha Impact and announced today, will go toward improving the capabilities of Catalog’s DNA-based data storage platform. The startup is hoping to make the ...
Kore.ai raises $50M for its AI-powered experience optimization platform
Startup Kore.ai Inc. today announced that it has raised a $50 million funding round led by Vistara Growth and PNC to fuel the growth of its software platform, which helps companies build artificial intelligence assistants to automate repetitive business tasks. Kore.ai also disclosed that it has secured a $20 million credit line from Sterling National ...
DeepMind develops AI that can forecast the weather
DeepMind, the artificial intelligence research arm of Google LLC parent Alphabet Inc., today detailed a new project that seeks to harness machine learning to generate better weather forecasts. The project is a collaboration between DeepMind and the Met Office, the U.K.’s national weather service. The researchers involved in the initiative developed an AI system capable ...
Akamai inks $600M deal to acquire microsegmentation startup Guardicore
Akamai Technologies Inc. today said that it has inked a $600 million deal to acquire Guardicore Ltd., a Tel Aviv-based startup with a microsegmentation platform for securing corporate networks. Microsegmentation is a popular approach to limiting the impact of cyberattacks. Often, data breaches begin with a single compromised application. Hackers use the compromised application to ...
Clumio brings its backup-as-a-service technology to Amazon S3 storage
Well-funded data protection startup Clumio Inc. today debuted a new solution, Clumio Protect for Amazon S3, that it says can help companies mitigate ransomware attacks targeting records they keep in Amazon Web Services Inc.’s S3 storage service. S3 is one of the most popular services in the entire public cloud ecosystem. Some companies use S3 ...