Maria Deutscher
Latest from Maria Deutscher
Cybersecurity startup Morphisec reels in $31M funding round
Morphisec Ltd., a cybersecurity startup with offices in the U.S. and Israel, today said that it has nabbed $31 million in fresh funding to support expansion initiatives. The startup employs a method it calls moving target defense to hide weak points in a company’s systems that hackers could potentially use to carry out breaches. Morphisec ...
Samsung’s newest memory chip more than doubles speeds of earlier modules
Samsung Electronics Co. Ltd. has developed a new type of random-access memory chip using an innovation known as high-k metal gate technology that can provide more than double the performance of previous-generation memory modules. Samsung detailed the chip (pictured) today. The company is targeting it at processor-intensive enterprise use cases such as supercomputing, machine learning ...
Qualcomm and Volvo back $100M round for supply chain analytics startup FourKites
FourKites Inc. today said that it has raised $100 million in fresh financing to extend the reach of its supply chain analytics platform, which already tracks more than a million shipments a day for enterprises worldwide. The round was led by private equity firm Thomas H. Lee Partners with participation from Qualcomm Inc., Volvo Group ...
Feedzai bags $200M at unicorn valuation for its AI fraud detection platform
Feedzai Inc., a fraud detection startup with a client roster that includes 80% of the Fortune 500, has landed a $200 million round of funding led by investment firm KKR. The round was announced this morning. It brings Feedzai’s total outside funding to more than $277 million and its valuation above the $1 billion mark. ...
CEOs of Facebook, Google and Twitter to testify before Congress Thursday
The chief executives of Facebook Inc., Google LLC and Twitter Inc. are scheduled to testify before Congress on Thursday about their companies’ efforts to combat online misinformation. The written testimonies set to be delivered by Mark Zuckerberg, Sundar Pichai and Jack Dorsey were published in advance on the House of Representatives’ website, CNBC reported today. The ...
Analytics startup Dataminr closes $475M round at $4.1B valuation
Dataminr Inc., a startup that helps organizations spot useful information in social media posts and other publicly available data on the web, is now valued at $4.1 billion after closing a $475 million round of fresh funding. The round was announced this morning. More than a half-dozen investors took part, among them Morgan Stanley’s Tactical ...
UiPath acquires Cloud Elements to advance API-based automation in the enterprise
UiPath Inc. today announced that it has acquired Cloud Elements Inc., a venture-backed startup with a software platform used by companies to integrate their business applications with one another. UiPath didn’t disclose the acquisition’s financial terms. The robotic process automation giant, which received a $35 billion valuation after a funding round this year, said Cloud Elements’ ...
Samsung is reportedly developing a double-folding phone
Samsung Electronics Co. Ltd. is developing a double-folding smartphone as part of its efforts to grow its share of the high-end handset market, according to a new report. Financial newspaper Nikkei Asia today cited sources as saying that the phone is one of three foldable devices Samsung could debut this year. The company is also ...
Report: Box is considering a sale amid investor pressure
Cloud storage giant Box Inc. is in talks with multiple companies and private equity firms about a potential sale, Reuters reported today. The discussions come as Box reportedly faces investor pressure over its stock performance. The company’s shares are trading at about $23.50 apiece, only slightly higher than where they closed on the day of ...
Market consolidation: IT distributors Synnex and Tech Data announce $7.2B merger
Synnex Corp. and Tech Data Corp., two top distributors of information technology products, today announced that they’ve inked a $7.2 billion agreement to merge into a single company. The combined firm is expected to have pro forma revenues of about $57 billion. Synnex and Tech Data’s combined pro forma profits, in turn, will amount to ...