Maria Deutscher
Latest from Maria Deutscher
GM invests $300M in Chinese autonomous vehicle startup Momenta
General Motors Co. today announced a $300 million investment in Momenta, a China-based autonomous vehicle startup that raised a separate $500 million funding round only a few months ago. GM said that the investment will help accelerate the development of self-driving technology for future vehicles it plans to introduce in China. Momenta is developing autonomous ...
Foldable Surface Duo 2 headlines Microsoft’s new two-in-one device lineup
Microsoft Corp. is setting the stage for the launch of Windows 11 next month by launching four new Surface two-in-one laptops that will ship with the operating system included. The machines were announced by the company this morning alongside a fifth addition to the Surface product series. The Surface Duo 2 is the only one ...
Facebook says it underreported some ad performance metrics on iOS, stock falls 4%
Facebook Inc. today said that it has underreported the effectiveness of iOS ads to some businesses that advertise on its platform and pledged to roll out updates to address the issue. The social network’s share price declined more than 4% on the news. Investor concerns about the ad effectiveness reporting issues may have to do ...
Document startup PandaDoc announces Series C round at $1B valuation
PandaDoc Inc. today announced that it has raised a new financing round at a $1 billion valuation to expand the capabilities of its cloud platform, which helps business users process documents faster. The Series C round was led by OMERS Growth Equity and G Squared. The company didn’t disclose the amount of the round. TechCrunch ...
ServiceNow partner Thirdera acquires Appoxio
Thirdera LLC., the largest pure-play ServiceNow Inc. partner, today announced that it has acquired user interface developer Appoxio Technologies Inc. to expand its business operations. Publicly traded ServiceNow provides a popular cloud platform that is used by many enterprises’ information technology teams to manage their day-to-day work. In the last few years, the company has ...
Project44 inks $255M deal for supply chain monitoring startup Convey
Project44 Inc., a $1.2 billion startup that helps enterprises monitor their supply chains, is acquiring fellow supply chain monitoring provider Convey Inc. in a $255 million transaction. Announced today, the deal is Project44’s third acquisition since the beginning of the year and its largest so far. The startup previously acquired San Francisco-based ClearMetal Inc. and ...
Google buys New York office building for $2.1B to support growth plans
Google LLC today announced that it will spend $2.1 billion to acquire St. John’s Terminal, a sprawling office building in Manhattan, to expand its New York operations. The search giant originally added St. John’s Terminal to its network of office buildings through a lease that included an option to buy the facility. The deal, which ...
Nutanix debuts new cloud and cybersecurity features at .NEXT
Nutanix Inc. kicked off its .NEXT event today by introducing an array of product updates aimed at helping enterprises operate their multicloud environments more effectively and improve cybersecurity. Publicly traded Nutanix sells software products that information technology teams rely on to run their companies’ infrastructure. Nutanix’s technology can be used to manage both cloud environments ...
Saviynt raises $130M to help enterprises block unauthorized application access
Saviynt Inc., a startup with an identity and access platform that helps enterprises secure their business applications, has raised $130 million to continue its recent revenue momentum. The funding round was announced this morning. Saviynt says that the financing, led by HPS Investment Partners and PNC Bank, follows a year in which new product bookings ...
Fivetran nabs $565M at $5.6B valuation and buys data integration firm HVR Software for $700M
Data integration startup Fivetran Inc. today announced two major business milestones: It has closed a $565 million funding round at a $5.6 billion valuation and it’s using part of the proceeds to finance the acquisition of HVR Software Inc., another data integration provider. The Series D round was led by Andreessen Horowitz. The deal to ...