Maria Deutscher
Latest from Maria Deutscher
Microsoft invests in Rubrik at reported $4B valuation to expand partnership
Microsoft Corp. has bought a stake in data protection unicorn Rubrik Inc. as part of a new collaboration that will see them work together to help enterprises protect their systems against ransomware. The collaboration expands upon an existing, long-running partnership between the two companies. Rubrik didn’t disclose the size of Microsoft’s investment in its announcement ...
MOLOCO raises $150M to help companies run AI-driven mobile ad campaigns
Advertising technology startup MOLOCO Inc. today said that it has closed a $150 million funding round led by Tiger Global at a $1.5 billion valuation. The Redwood City, California-based startup disclosed on the occasion that it’s generating annual recurring revenues of more than $100 million. MOLOCO added that its top line has been “consistently” growing ...
Collaborative data analytics startup InfoSum raises $65M
Startup InfoSum Inc. today announced that it has raised $65 million in funding to broaden the adoption of its namesake software platform, which enables companies to launch joint data analytics projects with each other in a secure manner. The funding was provided by Chrysalis Investments, a publicly traded investment firm based in the U.K. InfoSum ...
US government launches investigation into Tesla’s Autopilot system
The National Highway Traffic Safety Administration announced today that it has opened a probe into the Autopilot advanced driver-assistance system found in Tesla Inc. vehicles. Since 2018, the NHTSA has identified 11 crashes in which Tesla vehicles collided with stationary emergency vehicles. The crashes all occurred while the Autopilot system was active. “Most incidents took ...
Google and Facebook detail plans for new 190-terabit subsea internet cable
Google LLC and Facebook Inc. are participating in a project to build a new 7,450-mile subsea cable that will connect Japan, Taiwan, Guam, the Philippines, Indonesia and Singapore. The companies announced the project this morning. The cable is called Apricot and will be capable of transporting 190 terabits of data per second when it comes ...
Startup funding specialist Carta raises $500M at $7.4B valuation
Carta Inc., the operator of a cloud platform that helps startups manage the financial tasks involved in raising funding, has closed a $500 million investment led by Silver Lake. The investment values Carta at $7.4 billion, founder and Chief Executive Officer Henry Ward (pictured) wrote in an announcement today. That’s up from about $3.1 billion ...
Cisco extends observability portfolio with Epsagon acquisition
Cisco Systems Inc. today announced plans to acquire Epsagon Ltd., a startup with a platform that helps enterprises detect technical issues in their applications and identify the root cause. Financial terms were not disclosed. New York- and Tel Aviv-based Epsagon has raised $30 million in funding from investors that included Lightspeed Venture Partners. The startup ...
Box posts quarterly results early amid pressure from activist investor
Box Inc. today released preliminary financial results for the second quarter that exceeded the company’s guidance in several key areas, most notably revenue. Box usually doesn’t release financial results ahead of time. The move is seen as an attempt by the company to win more support from shareholders amid the effort of activist investor Starboard ...
Talkdesk reaches $10B+ valuation after new $230M funding round
Talkdesk Inc., a startup whose software helps companies run their contact centers more efficiently, today disclosed that it has closed a $230 million funding round valuing it at more than $10 billion. The new valuation is more than three times what Talkdesk was worth after its previous capital raise a year ago. The startup’s total ...
Report: Marketing automation giant Mailchimp considering $10B+ sale
Mailchimp Inc., one of the biggest providers of software-as-a-service digital marketing tools, could reportedly be acquired in a deal worth $10 billion or more. Bloomberg reported the news on Wednesday afternoon, citing sources familiar with the matter. The sources said Atlanta-based Mailchimp has received interest from private equity firms and unnamed “large technology firms.” Given ...