Maria Deutscher
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Report: NSA awards $10B cloud computing contract to AWS
The National Security Agency has awarded a $10 billion cloud computing contract to Amazon Web Services Inc., Nextgov reported today. The publication also reported that the decision to grant the deal to AWS has been challenged by Microsoft Corp., the Amazon.com Inc. unit’s top competitor in the cloud market. Microsoft is said to have recently ...
Investors value OwnBackup at $3.35B in new $240M funding round
A group of investors led by Alkeon Capital and B Capital Group has bought a $240 million stake in data protection startup OwnBackup Inc. at a $3.35 billion valuation, $2 billion more than it was worth six months ago. Englewood Cliffs, New Jersey-based OwnBackup announced the funding round this morning. The company says one of ...
Deliveroo tells investors rival Delivery Hero has bought 5% of its shares
Food delivery provider Deliveroo PLC has notified investors that one of its main rivals, Delivery Hero SE, had acquired 5.09% of its outstanding shares. CNBC reported the news this morning. Deliver Hero’s investment, which is estimated to be worth about $400 million, sent shares of Deliveroo soaring about 10% at one point to their highest ...
Avaya acquires CTIntegrations to accelerate its shift to the cloud
Communications software maker Avaya Holdings Corp. has acquired CTIntegrations LLC to expand the capabilities of its OneCloud product suite, which stands at the center of the company’s plan to move to a cloud-centric business model. Avaya announced the deal today in conjunction with the release of its third-quarter earnings report. The company slightly surpassed analyst ...
Snorkel AI raises $85M at $1B valuation to create AI training datasets automatically
Stanford University spinoff Snorkel AI Inc. today announced that it has raised $85 million in funding to continue commercializing its namesake software tool, which is used by companies such as Apple Inc. and Google LLC to speed up their machine learning projects. The funding round values Snorkel AI at $1 billion. Google’s GV venture capital ...
Report: Google planning new San Jose campus with up to 3,500 workers
Google LLC is looking to build a new campus in San Jose, California dubbed “Midpoint” that will accommodate up to 3,500 staffers, according to a report in CNBC today. Citing planning documents, CNBC reported that the search giant is also planning a second corporate hub next to Midpoint to house parts of its hardware development ...
Software testing startup Statsig raises $10.4M round led by Sequoia
Statsig Inc., a new startup with a cloud service designed to help companies find ways of improving their software, on Thursday said that it has closed a $10.4 million funding round led by Sequoia Capital. The investment also saw the participation of Madrona Venture Group, as well as a group of angel investors. Among Statsig’s ...
Low-code automation provider Appian acquires process mining specialist Lana Labs
Appian Inc., a major provider of software for automating business tasks in the enterprise, has acquired Berlin-based process mining technology provider Lana Labs GmbH. Appian announced the deal on Thursday. The acquisition comes in a time when the process mining segment is becoming a bigger focus both for enterprise software makers and tech investors. Nasdaq-listed ...
Cloud giants join new government initiative to combat cyberattacks
The Cybersecurity and Infrastructure Security Agency is launching a new initiative through which it will work with private sector companies to combat hacking campaigns. The agency, which is part of the U.S. Department of Homeland Security, announced the initiative today. Over half a dozen companies have signed on including public cloud leaders Amazon Web Services ...
Qualcomm offers $4.6B to buy vehicle software and sensor supplier Veoneer
Qualcomm Inc. today made a $4.6 billion offer to acquire Veoneer Inc., whose technology is used by automakers to build partly autonomous driving features into their smart cars. The offer is part of Qualcomm’s ongoing effort to expand beyond the smartphone chip market to other areas. The company is also pursuing expansion opportunities in the ...