Maria Deutscher
Latest from Maria Deutscher
Report: Intel has offered $2B+ to acquire chip startup SiFive
Intel Corp. is said to have made a more than $2 billion offer to buy SiFive Inc., a startup developing processor technology based on the open-source RISC-V instruction set architecture. Bloomberg reported the acquisitions talks today, citing multiple sources familiar with the matter. The deal would represent one of Intel’s biggest acquisitions in recent memory ...
Cloud project management provider Monday.com closes up 15% after IPO raises $574M
Shares of Monday.com Ltd. rose more than 15% in their trading debut on the Nasdaq today, following an initial public offering that surpassed expectations and raised $574 million. The company is now worth nearly $8 billion. Israel-based Monday.com provides a popular project management platform of the same name that is used by employees at Adobe Inc., ...
Klarna boosts valuation to $45.6B with fresh $639M funding round
Confirming recent reports, financial technology startup Klarna Bank AB today announced that it has raised $639 million from a group of investors led by SoftBank Group Corp.’s Vision Fund 2. The round boosts the startup’s valuation from $31 billion in March to $45.6 billion. Including the new funding, Klarna has raised more than $2 billion ...
Kubernetes troubleshooting startup Komodor launches with $25M in funding
Startup Komodor Ltd., whose technology enables developers to fix issues in their companies’ software container environments faster, today launched from stealth mode and marked the milestone by revealing that it has closed a $25 million round of funding. The funding follows a wave of startup acquisitions in the Kubernetes tooling market. Accel led Komodor’s $25 ...
Fastly shares new details about its widespread CDN outage on Tuesday
Fastly Inc. has shared more details about the brief but widespread outage in its content delivery network on Tuesday that took many of the internet’s most popular websites and cloud services offline. Publicly traded Fastly helps companies speed up page load times for their users. Its content delivery network stores copies of a website’s content ...
Google to expand subsea network infrastructure with new Firmina internet cable
Google LLC’s latest subsea networking project is set to see the company deploy a new internet cable that will run from the East Coast of the United States to Las Toninas, Argentina with additional landings in Brazil and Uruguay. The search giant detailed the project today in a blog post. The internet cable is named ...
Surging growth helps Marqeta raise $1.2B in one of 2021’s biggest fintech IPOs
Marqeta Inc., a financial technology company that more than doubled its revenues last year and counts tech giants such as DoorDash Inc. among its customers, has raised $1.2 billion in its initial public offering. The company wrapped up the IPO late Tuesday with a valuation of more than $14 billion. It began trading on the ...
Morpheus Data expands its Kubernetes and automation capabilities
Morpheus Data LLC today introduced a new release of its cloud management platform with improved Kubernetes support and features that will help companies automate infrastructure maintenance tasks. Morpheus Data says the release marks its biggest product update in a year. The Colorado-based company provides a platform that enables information technology teams to manage public cloud ...
Salesforce debuts new AI features to boost its vertical-specific clouds
Salesforce.com Inc. is enhancing its lineup of industry-specific cloud platforms with new capabilities aimed at companies in the financial services, healthcare and consumer goods sectors. The company says that its vertical-specific cloud platforms represent a $2 billion business. The new capabilities, which Salesforce announced today during a virtual event, should give that business a boost ...
Contentstack raises $57.5M round led by Insight Partners for its ‘headless’ CMS
Contentstack Inc., the maker of a so-called headless content management system used by the likes of HP Inc. and Broadcom Inc., has raised an $57.5 million funding round led by prolific tech investor Insight Partners. Canadian investment firm Georgian Partners contributed as well along with Contentstack’s existing backers. The oversubscribed round, which was announced this ...