Maria Deutscher
Latest from Maria Deutscher
ControlUp closes $100M round to help enterprises optimize their virtual desktops
Startup ControlUp Technologies Ltd., which helps enterprises manage and troubleshoot the virtual desktops used by their employees for work, today announced that it has closed a $100 million funding round co-led by K1 Investment Management and JVP. ControlUp will use the capital to expand its 250-person workforce. The additional employees will help the San Jose, ...
Alphabet’s CapitalG joins $250M round for data management startup Collibra
Data management startup Collibra Inc. is now valued at $5.25 billion, more than double what it was worth last April, after raising $250 million from a group of investors that included Alphabet Inc.’s CapitalG investment arm. Collibra announced the investment this morning. The funding round also saw the participation of Tiger Global Management, Battery Ventures, ...
Socure raises $450M for its identity verification platform at $4.5B valuation
Socure Inc., a startup that helps companies such as banks verify the identities of their customers, has raised $450 million in funding after increasing bookings by 500% over the past year. The funding round, announced today, was jointly led by Accel and T. Rowe Price. Bain Capital Ventures and Tiger Global participated as well along ...
Palantir posts 36% revenue growth for third quarter, but stock drops
Palantir Technologies Inc. today reported that its revenue in the third quarter ended Sept. 30 grew by 36% year-over-year, to $392 million, above the $385 million that analysts polled by Refinitiv had expected. The data management and analytics provider’s earnings per share didn’t disappoint either, reaching four cents per share on an adjusted basis, in ...
UiPath introduces new RPA bot development features in latest platform release
UiPath Inc. today introduced a new release of its robotic process automation platform that provides enterprises with more ways of automating repetitive business tasks. Robotic process automation, or RPA, is an increasingly popular technology that helps organizations operate more efficiently. RPA tools such as UiPath’s platform enable companies to create software bots that can perform ...
AI pioneer Andrew Ng’s Landing AI raises $57M in funding
Landing AI Inc., a startup led by artificial intelligence pioneer Andrew Ng, has raised $57 million in funding from a group of investors that included the venture capital arms of Intel Corp. and Samsung Electronics Co. Ltd. The investment was announced this morning. Landing AI will reportedly use the proceeds from the round to double ...
McAfee to be acquired by investor group for $14B+
Publicly traded cybersecurity provider McAfee Corp. is being taken private by an investor group in a transaction worth more than $14 billion, the company announced today. The investor group acquiring McAfee includes Advent, Permira, Crosspoint Capital, CPP Investments, GIC and a wholly owned subsidiary of the Abu Dhabi Investment Authority. The acquisition’s $14 billion-plus price ...
H2O.ai raises $100M to expand its AI development platform
H2O.ai Inc. today announced that it has closed a $100 million funding round led by one of its customers, the Commonwealth Bank of Australia, with participation from Goldman Sachs, Pivot Investment Partners and several others. The Commonwealth Bank of Australia, or CommBank, is one of more than 20,000 organizations that use H2O.ai’s namesake artificial intelligence ...
Micromobility startup Lime raises $523M ahead of 2022 IPO
Micromobility startup Neutron Holdings Inc., better known as Lime, today announced that it has raised $523 million in new financing. The financing was provided in the form of convertible debt and term loan financing. Of the $523 million round, $418 million is reportedly convertible debt that Lime raised through an investment led by Abu Dhabi ...
Report: Meta could launch retail stores as part of metaverse push
Executives at Meta Platforms Inc., formerly Facebook Inc., are reportedly considering launching a network of retail stores to help promote the company’s virtual reality and augmented reality devices. The New York Times revealed the plan in a report this morning. According to the report, sources familiar with the matter and company documents indicate that the ...