Maria Deutscher
Latest from Maria Deutscher
Space startup Astroscale raises $109M to clear orbital debris
Astroscale Holdings Inc. has secured a $109 million funding round that will support the Tokyo-based startup’s efforts to develop technology for removing debris in Earth’s orbit. The investment, led by Japan’s THE FUND, was announced today. Astroscale has raised $300 million in funding to date including the $109 million investment announced today. According to NASA, there ...
Apache Kafka startup Conduktor nabs $20M investment led by Accel
Conduktor Inc., a startup that specializes in making the popular Apache Kafka data streaming platform easier to use, on Monday announced that it has closed a $20 million investment led by Accel. Frontline Ventures and Aglaé Ventures participated as well. Kafka is a software platform used by about 80% of the Fortune 100, as well ...
Report: Apple partners with TSMC for four-nanometer modem chips
Apple Inc. is reportedly partnering with Taiwan Semiconductor Manufacturing Co. to produce iPhone modems using the chipmaker’s four-nanometer manufacturing process. Nikkei Asia today reported that the modem chips are expected to enter mass production in 2023. The timing suggests that the chips could potentially ship with the 2023 iPhones, depending on when mass production will ...
SimPRO raises $350M+ to boost its field service management platform
Field service management startup simPRO Software Pty Ltd. today announced that it has raised more than $350 million through a funding round led by K1 Investment Management. In conjunction, the startup said that it has acquired two fellow software companies to expand its market reach. Field service management is the process through which companies set ...
AI transcription startup Verbit closes $250M funding round
Startup Verbit Inc. today announced that it has secured a $250 million funding round at a $2 billion valuation to develop more features for its namesake transcription and captioning platform. The feature development effort is part of a broader growth plan that the startup detailed this morning. New York-based Verbit also intends to pursue acquisition ...
High-performance computing startup Rescale closes $105M round
Rescale Inc., a startup that helps companies run high-performance computing applications such as physics simulations in the cloud, has closed an expanded $105 million Series C round to support business growth. The round was originally worth $50 million when Rescale first announced it in February. Rescale disclosed that the investment has expanded to $105 million ...
Render raises $20M in funding for its ‘zero DevOps’ cloud platform
Render Services Inc., a startup working to reduce the amount of manual work involved in setting up and managing cloud workloads, today disclosed that it has secured a $20 million funding round. San Francisco-based Render plans to triple its 35-person workforce over the next year using the Series A round, which was led by investment ...
Cybersecurity startup XM Cyber acquired for $700M by Schwarz Group
Schwarz Group, one of the world’s largest retailers, has acquired cybersecurity startup XM Cyber Ltd. in a deal worth $700 million. The companies announced the acquisition this morning. Following the transaction, XM Cyber will continue to operate independently and its cybersecurity platform is set to retain the current brand and support structure. Israel-based XM Cyber ...
Avaya shares soar after strong earnings results
Avaya Holdings Corp., a major provider of communications software for enterprises, today posted better-than-expected fourth-quarter results that sent its share price soaring more than 23%. NYSE-listed Avaya also reported results for the full 2021 fiscal year. Boosted by its strong performance, the company grew full-year revenues by about $100 million from 12 months ago, to ...
Alphabet’s X lab shares new details about its Everyday Robots initiative
Alphabet Inc.’s X research lab today provided an update about its Everyday Robots project, which aims to develop robots capable of performing day-to-day tasks such as tidying chairs. The X research lab explores emerging technologies that fall outside the main focus area of parent Alphabet. Before the Everyday Robots project, the lab ran the autonomous ...