Maria Deutscher
Latest from Maria Deutscher
SentinelOne seeking to raise nearly $1B in upcoming IPO at $7B+ valuation
Cybersecurity provider SentinelOne Inc. has revealed new details about its upcoming initial public offering, disclosing today that the listing could value it at more than $7 billion. To achieve that market capitalization, SentinelOne would need to price its shares in the high end of its target range for the IPO, which the company has set ...
HPE acquires Determined AI to boost its supercomputer and AI server businesses
Hewlett Packard Enterprise Co. today said that it has acquired Determined AI Inc., a startup with an open-source software platform capable of accelerating the speed at which machine learning algorithms can be trained by dozens of times. The acquisition will boost HPE’s machine learning capabilities in a time when AI is becoming an increasing priority ...
Transform exits stealth mode with $24.5M in funding to simplify metrics-driven analytics projects
Transform Data Inc., an analytics startup led by former Airbnb Inc. software engineers, launched from stealth mode on Thursday with $24.5 million in initial funding. The startup raised the capital over two rounds that were both jointly led by noted venture capital firms Index Ventures and Redpoint Ventures. Transform has built an analytics platform that ...
Insight Partners and Amazon back $32M round for explainable AI startup Fiddler Labs
Fiddler Labs Inc., a startup helping enterprises understand the inner workings of their artificial intelligence models, has raised a $32 million funding round that saw the participation of Insight Partners, Amazon.com Inc.’s Alexa Fund and other institutional investors. The Palo Alto, California-based startup announced the investment on Thursday. Fiddler says that it has raised $47 ...
AWS debuts low-code Workflow Studio to speed up cloud application development
Amazon Web Services Inc. today introduced Workflow Studio, a new low-code development tool aimed at reducing the amount of time and effort required to build applications on its public cloud. Workflow Studio is available as part of the Amazon.com Inc. unit’s AWS Step Functions service. The newly announced tool also uses the AWS Lambda serverless ...
Industrial cybersecurity startup Claroty raises $140M round amid revenue surge
Claroty Ltd. today announced that it has raised $140 million from investors in what it says is the largest-ever funding round for an industrial cybersecurity company. The round, led by Bessemer Venture Partners and 40 North, follows a year in which Claroty saw new annual recurring revenues jump 133%, off an undisclosed base. The number ...
Grafana Labs buys k6 to help enterprises find reliability issues in their workloads
Grafana Labs Inc. announced today it has acquired k6, a Stockholm-based startup with an open-source tool used by engineers at Amazon.com Inc., Microsoft Corp. and other tech giants to find reliability issues in their software. The terms of the deal were not disclosed. Crunchbase data shows that k6, which is incorporated as Load Impact AB, ...
Microsoft debuts Azure private MEC to enable 5G at the edge
Microsoft Corp. today debuted Azure private MEC, a suite of so-called multi-access edge computing hardware, software and cloud services that enterprises can use to set up private 5G networks at locations such as factories. There is a growing number of scenarios where companies prefer to process data at the location where it was generated instead ...
Alphabet’s Waymo raises massive $2.5B round to develop autonomous vehicles
Alphabet Inc.’s Waymo LLC unit today disclosed that it has raised $2.5 billion in funding from its parent company and a dozen outside investors to continue its efforts to deploy autonomous vehicles on public roads. The round brings the total amount of venture capital Waymo has received over the last two years to more than ...
In potential succession plan, Dell names Chuck Whitten as co-COO
Dell Technologies Inc. today announced that Chuck Whitten, a partner at venerable management consultancy Bain & Co., will join the company in the role of co-chief operating officer. Whitten (pictured) is taking up the co-COO role after serving as the managing partner of Bain’s Bain Southwest division. The executive will work alongside Dell’s existing COO, ...