Maria Deutscher
Latest from Maria Deutscher
Google Cloud makes $50M investment in cybersecurity specialist Cybereason
Cybersecurity startup Cybereason Inc. has raised $50 million from Google LLC’s cloud business in an extension to a $275 million Series F funding round it first announced earlier this year. The new investment, detailed today, is notable because it’s fairly rare for Google’s cloud business to invest in startups directly. However, parent company Alphabet Inc. ...
Raising $200M, consumer cybersecurity startup Aura moves to accelerate growth
Aura today disclosed that it has closed a $200 million funding round at a $2.5 billion valuation to drive more market interest around its cybersecurity services suite, which is already generating more than $220 million in annual revenue. Most of the nine-figure funding rounds announced recently in the cybersecurity market were closed by startups focused ...
HPE’s Aruba unit debuts data center switch with programmable Pensando chip
Hewlett Packard Enterprise Co.’s Aruba networking business today debuted a new data center switch, the Aruba CX 10000, that uses a programmable chip from startup Pensando Systems Inc. to carry out tasks historically performed by specialized hardware appliances. Aruba touts the device as the “next evolution of switching architecture.” The HPE unit and Pensando say ...
Fintech startup N26 nabs $900M funding round for its digital banking app
N26 GmbH today announced that it has closed one of the biggest funding rounds raised by a financial technology startup in recent memory: a $900 million investment led by Third Point Ventures and Coatue. The round more than doubles the Berlin-based startup’s valuation to over $9 billion. N26 will use the capital to hire 1,000 ...
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 ...