Maria Deutscher
Latest from Maria Deutscher
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 ...
Report: Vista Equity Partners could sell Tibco for $7.5B+
Private equity firm Vista Equity Partners is considering selling data management provider Tibco Software Inc. in a deal that could be worth $7.5 billion or more, CNBC reported today. CNBC attributed the information to multiple people familiar with the matter. The $7.5 billion potential price tag was mentioned by one of the sources, though another ...
Alphabet launches robotics venture Intrinsic to train industrial robots with AI
Google LLC parent Alphabet Inc. today announced a new venture, Intrinsic, that will focus on making industrial robots easier and more affordable to use for companies such as manufacturers. Intrinsic is a spinoff from Alphabet’s X research lab. At any given time, the lab works on multiple emerging technology projects. When one of those projects ...
Sophos acquires network threat detection startup Braintrace
Sophos Group PLC today announced that it’s acquiring Braintrace Inc., a startup with technology for detecting malicious data traffic in companies’ on-premises networks and public cloud environments. Sophos is a major cybersecurity provider that has been owned by private equity firm Thoma Bravo since a $3.9 billion acquisition in 2019. For enterprises, the U.K.-based company ...
Shares of database maker Couchbase jump 30% after $200M IPO
Database maker Couchbase Inc. saw its stock price jump more than 30% in its Nasdaq debut this morning, after investors bought aboout 8.3 million shares the day before during the company’s initial public offering. The IPO fetched $200 million for Santa Clara, California-based Couchbase. The figure could rise to about $230 million if the IPO ...