Maria Deutscher
Latest from Maria Deutscher
Automated cybersecurity provider Darktrace raises $230M in IPO
Shares of British cybersecurity firm Darktrace PLC jumped as much as 43% in their first day of trading on the London Stock Exchange today, following an initial public offering that netted £165.1 million, or about $230 million. The listing’s success is a positive signal for the other cybersecurity companies that are currently looking at IPOs ...
EU brings formal antitrust charges against Apple over App Store developer rules
Confirming recent reports, European Union officials today announced formal antitrust charges against Apple Inc. that accuse the company of distorting competition in the multibillion-dollar mobile app industry. The charges focus on the App Store terms of service. The App Store is the only way for developers to distribute their apps to iOS users and, to ...
Microsoft buys Linux distribution maker Kinvolk to boost Azure cloud services
Microsoft Corp. has bought Kinvolk GmbH, the Berlin-based startup behind a specialized Linux distribution used to power software container environments on Azure and other public clouds. The technology giant announced the deal today in a post on its Azure blog. Kinvolk’s Linux distribution is called Flatcar Linux and packs multiple optimizations for running containerized applications, ...
IBM to acquire cloud optimization provider Turbonomic for reported $1.5B+
IBM Corp. is acquiring Turbonomic Inc., a Boston-based company with a platform that helps enterprises reduce cloud expenses and improve their applications’ performance. IBM didn’t disclose the value of the deal, which was announced this morning. But sources told Reuters that the transaction values Turbonomic at between $1.5 billion and $2 billion. That’s a significant ...
Wasabi raises $112M more to take on the cloud storage market
Cloud-based data storage provider Wasabi Technologies Inc. today disclosed that it has raised $112 million in additional funding, led by Fidelity Management & Research, to buy more infrastructure and expand its go-to-market program. Wasabi provides a cloud storage platform that competes with Amazon Web Services Inc.’s market-leading Amazon S3 service. The startup promises that customers ...
Samsung debuts new high-end Galaxy Book laptops amid increased PC demand
Samsung Electronics Co. Ltd. today debuted three new additions to its Galaxy Book laptop lineup that will enable the company to better address the increased consumer demand for personal computers. That strong demand helped PC and data center equipment maker Dell Technologies Inc. easily surpass revenue expectations in the fourth quarter. Samsung’s new laptop collection is ...
Google Cloud and Workspace get new batch of cybersecurity features
Google LLC today added new cybersecurity features to Google Cloud and its Workspace productivity suite, formerly G Suite, including a set of machine learning models for preventing data leaks. The update is rolling out a few days after Google’s Cloud Spanner database received cybersecurity upgrades as well. The machine learning models included in today’s update ...
With $800M in fresh funding, MessageBird acquires rival startup SparkPost
MessageBird B.V., a Dutch startup with a so-called omnichannel communications platform for managing customer interactions, has raised $800 million in funding to acquire SparkPost Inc., a U.S.-based rival. The startup is paying $600 million for SparkPost. Both the acquisition and the funding, which comes as an extension to a $200 million Series C round MessageBird ...
With new Kasten K10 release, Veeam takes on Kubernetes ransomware
Data protection giant Veeam Inc. has introduced a new release of its Kasten K10 software platform with immutability features for defending Kubernetes environments against ransomware attacks. Veeam obtained Kasten K10 after acquiring a venture-backed startup of the same name last October. The platform was created to address the fact that Kubernetes, which helps automate the ...
Vena Solutions raises $242M to make enterprise financial planning more efficient
Vena Solutions Inc. today said that it has raised $300 million Canadian dollars, or about $242 million, to expand the adoption of its namesake software platform, which is used by companies such Nike Inc. and Nutanix Inc. to manage their finances. The Series C round was led by Vista Equity Partners. Vena’s software platform enables ...