Maria Deutscher
Latest from Maria Deutscher
SAP will bring more software services to Google Cloud through expanded alliance
Google LLC’s cloud business and SAP SE today announced that they’re expanding their partnership to assist enterprises with digital transformation projects in more ways. The new collaboration has two main components. First, the search giant will partner with SAP on Rise with SAP, a bundle of solutions provided by the latter company to help enterprises ...
OpenAI debuts new AI programming language for creating neural networks
Prominent artificial intelligence research lab OpenAI LLC today released Triton, a specialized programming language that it says will enable developers to create high-speed machine learning algorithms more easily. The first version of Triton was presented two years ago in an academic paper by OpenAI scientist Philippe Tillet. As part of today’s launch, OpenAI released a ...
Headless CMS startup Contentful reels in $175M late-stage investment
Contentful Inc., a startup that helps enterprises manage digital content such as marketing web pages, has secured a $175 million late-stage funding round from Tiger Global, Base10 Advancement Initiative and Tidemark. Contentful said in an announcement today that the Series F round values it at more than $3 billion. Large enterprises often use multiple content ...
Search startup Algolia raises $150M at $2.25B valuation
Algolia Inc., a startup that enables companies to add an artificial intelligence-powered search bar to their websites, has closed a $150 million funding round at a valuation of $2.25 billion, four times what it was worth after its previous capital raise. Announced this morning, the round follows a year in which Algolia saw net new ...
Light-based quantum chip startup PsiQuantum raises $450M late-stage funding round
PsiQuantum Inc. today said that it has nabbed a $450 million late-stage funding round led by investment firm BlackRock Inc. to finance its efforts to build a reliable quantum computer with more than a million qubits. Qubits are the quantum equivalent of the bits in regular computers. What sets a qubit apart is that it ...
AI startup DataRobot reaches $6.3B valuation with late-stage $300M funding round
DataRobot Inc., a startup whose software makes building artificial intelligence models easier, today said that it has raised $300 million in late-stage funding at a $6.3 billion valuation. Boston-based DataRobot is already putting the newly raised capital from the Series G round to use. In conjunction with the funding news, the startup said this morning that ...
Splunk names database pioneer David DeWitt vice president and technical fellow
Splunk Inc. today announced that pioneering computer scientist David DeWitt is joining the company in the role of vice president and technical fellow to support software engineering efforts. DeWitt, a computer science professor at the Massachusetts Institute of Technology, is joining Splunk after a more than four-decade career researching database technologies. Part of that time ...
Fintech startup Solarisbank raises $224M and acquires rival
Financial technology startup Solarisbank AG today said that it has closed a $224 million funding round at a $1.65 billion valuation and announced plans to acquire a competing startup called Contis Group Ltd. The $1.65 billion valuation means Solarisbank is now valued at more than four times what it was worth last June. One likely ...
Customer experience specialist Medallia to go private in $6.4B sale to Thoma Bravo
Private equity firm Thoma Bravo has inked a $6.4 billion deal to acquire Medallia Inc., a publicly traded provider of analytics software that helps enterprises measure customer sentiment and align their business activities with buyers’ expectations. Medallia announced the deal this morning. The company also said that it will launch a 40-day “go-shop” period to ...
Cybersecurity provider Check Point tops sales and profit estimates, ups guidance
Cybersecurity giant Check Point Software Technologies Ltd. today posted second quarter earnings that topped both revenue and profit projections, putting the company on track to reach more than $2 billion in sales this year. Check Point is one of the world’s largest makers of cybersecurity software. The company provides a broad set of breach prevention ...