Maria Deutscher
Latest from Maria Deutscher
Report: AT&T hoping to sell Xandr advertising technology business for $1B
Less than four years after AT&T Inc. launched its Xandr advertising technology business, the carrier is holding negotiations to sell the unit, Axios reported today. AT&T executives would reportedly consider any potential sale a success if Xandr fetches a $1 billion price tag. However, multiple people familiar with the company’s finances told Axios that they ...
Intel co-leads $125M funding round for AI inference chip startup Untether AI
Intel Corp.’s venture capital arm has co-led a $125 million funding round for chip startup Untether AI Inc., whose artificial intelligence processor uses an emerging approach dubbed at-memory computation to run machine learning algorithms. The other lead investor in the round, which was announced this morning, is Tracker Capital. The Canada Pension Plan Investment Board ...
Scientific programming startup Julia Computing nabs $24M as ex-Snowflake CEO joins board
Julia Computing Inc., the startup behind a specialized programming language used for tasks such as developing machine learning algorithms and simulating space missions, today announced that it has raised $24 million in funding. Dorilton Ventures led the round. The venture capital firm was joined by Menlo Ventures, General Catalyst and HighSage Ventures. Bob Muglia, former ...
Robinhood seeks to raise up to $2.3B in IPO at potential $35B valuation
Robinhood Markets Inc. today submitted an updated version of the filing for its upcoming initial public offering that reveals the startup is seeking to raise as much as $2.3 billion from investors. The financial technology startup also shared new data about its recent revenue growth. Founded in 2013, Robinhood provides a popular mobile app that ...
US and allies blame China for series of cyberattacks
The U.S. and a group of allies today formally blamed China for multiple hacking campaigns, including a high-profile cyberattack revealed earlier this year that had targeted deployments of the Microsoft Exchange Server email platform. The group includes NATO, the European Union, Australia, Canada, Japan, New Zealand and the U.K. “An unprecedented group of allies and ...
ServiceMax to go public at $1.4B valuation by merging with blank-check company
ServiceMax Inc., whose cloud services are used by companies such as General Electric Co. to maintain industrial equipment, is set to go public at a $1.4 billion valuation. The company announced the upcoming listing late Thursday. ServiceMax will float its shares on the Nasdaq stock exchange by merging with a special-purpose acquisition company or SPAC ...
Fintech provider Paytm files to raise $2.2B in one of India’s largest tech IPOs
Paytm, one of India’s largest financial technology startups, has submitted paperwork for an initial public offering that is set to raise as much as $2.2 billion. The documents were filed today with India’s market regulator by One97 Communications Ltd., the company that operates Paytm. The IPO is expected to be one of the largest on ...
Amazon-backed autonomous vehicle startup Aurora to go public via SPAC merger
Autonomous vehicle startup Aurora Innovation Inc. today announced plans to go public through a merger with Reinvent Technology Partners Y, a blank-check company backed by LinkedIn co-founder Reid Hoffman and Zynga Inc. founder Mark Pincus. The merger is expected to net Aurora about $977.5 million. That’s in addition to $1 billion the startup is raising ...
AWS launches Amazon HealthLake into general availability
Amazon Web Services Inc. today announced the general availability of Amazon HealthLake, a cloud service that enables healthcare organizations to pool medical information from different systems in one place and use it to improve patient care. Medical data is often spread across multiple applications. At a hospital, clinical notes, lab reports and insurance claims may ...
Continuing acquisition streak, IBM buys data management specialist Bluetab
IBM Corp. today said that it’s acquiring Bluetab Solutions Group SL, a Madrid-based provider of software and consulting services focused on helping enterprises move on-premises data management systems to the cloud. Bluetab has about 700 employees who will become part of the technology giant’s data services consulting practice following the deal. It’s one of more ...