Maria Deutscher
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Quantum expands data storage portfolio with new offerings
Data storage company Quantum Corp. today introduced two new solutions that it says will enable organizations to store archived information up to 80% more cost-efficiently than before. Publicly traded Quantum is a major supplier of data center storage equipment. For about 20 years, the San Jose, California-based company ranked as one of the industry’s top ...
Following $1B funding round, Celonis buys data streaming startup Lenses.io
A few months after raising $1 billion from investors, Celonis GmbH today announced that it’s acquiring venture-backed startup Lenses.io Ltd. for its data streaming technology. The terms of the deal were not disclosed. Alongside the acquisition, Celonis announced a new tool dubbed Celonis Execution Graph that promises to help companies identify inefficiencies in their operations. New ...
Nvidia joins $100M funding round for MLOps startup Domino Data Lab
Artificial intelligence startup Domino Data Lab Inc. today disclosed that it has nabbed a $100 million investment from Great Hill Partners, Nvidia Corp. and existing backers. San Francisco-based Domino Data Labs said that it will work more closely with Nvidia following the funding round. The companies will team up to integrate more of their products ...
Hours-long outage renders Facebook’s platforms inaccessible for users
Updated: All of Facebook Inc.’s social media platforms became inaccessible for users starting about 11:45 a.m. EDT today as a result of a yet-unexplained outage. The hours-long outage affected Facebook’s namesake social network, as well as Instagram, WhatsApp and Messenger. Users have reportedly encountered multiple types of error messages across the services, including “Sorry, something ...
Qualcomm and SSW Partners acquire smart car tech firm Veoneer for $4.5B
Qualcomm Inc. has teamed up with investment firm SSW Partners to acquire Stockholm-based smart car technology supplier Veoneer Inc. in a deal worth $4.6 billion. The all-cash transaction, announced today, advances Qualcomm’s effort to establish a bigger presence in the auto market. According to the chipmaker, the deal values Veoneer at a hefty 86% premium ...
One Identity acquires OneLogin to expand its cybersecurity portfolio
One Identity LLC today announced that it has acquired OneLogin Inc., a provider of identity and access management software backed by more than $175 million in funding. The deal’s financial terms were not disclosed. One Identity is a unit of Quest Software Inc., a former subsidiary of Dell Technologies Inc. that spun off into an ...
Esper raises $60M to help companies build and run Android-powered IoT fleets
Months after its previous funding round, “internet of things” startup Esper Enterprises Inc. today announced that it has raised an additional $60 million from an investor group led by Insight Partners. Seattle-based Esper provides a platform that makes Android-powered IoT fleets easier to build and maintain. Android, best known as a mobile operating system, can ...
Microsoft details new Office 2021 features ahead of Oct. 5 launch
Microsoft Corp. today detailed the features that will be arriving with Office 2021, the next major release of its single-purchase productivity suite. Microsoft’s Office applications are available as part of several different product bundles. Consumers usually buy them as part of the Microsoft 365 offering, which requires a subscription. The newly detailed Office 2021 suite ...
Enterprise finance startup Vareto exits stealth with $24M from prominent investors
Vareto Inc., a new startup with a platform designed to make enterprise finance teams’ work easier, today launched from stealth mode after raising $24 million in funding. Vareto raised the capital over two rounds led by Alphabet Inc.’s GV venture capital arm and Menlo Ventures, respectively. The startup is also backed by no fewer than ...
Snyk raises $75M more from Atlassian and Salesforce
Code security startup Snyk Ltd. has raised $75 million from Atlassian Ventures and Salesforce Ventures in an extension to a $530 million funding round it announced earlier this month. The $530 million round valued Boston-based Snyk at $8.5 billion. The $75 million investment from the venture arms of Atlassian Corp. Plc. and Salesforce.com Inc., which ...