Maria Deutscher
Latest from Maria Deutscher
Ahead of potential $10B IPO, Deliveroo discloses surging orders and $309M loss
Food delivery startup Deliveroo today shared partial earnings data ahead of its upcoming initial public offering, revealing that it logged a big jump in customer orders last year and narrowed but still substantial losses. The IPO will give the startup an opportunity to capitalize on the recent increase in investor interest around food delivery providers. ...
McAfee to sell enterprise cybersecurity business in $4B deal
McAfee Corp. has signed an agreement to sell its enterprise cybersecurity business to a consortium led by private equity firm Symphony Technology Group, the company announced today. The deal is worth $4 billion. McAfee will put $1 billion toward paying off corporate debts and will return the rest, minus transaction-related expenses, to shareholders in the form ...
Doppler closes $6.5M GV-led round to help developers manage application secrets
Startup Doppler Inc. has closed a $6.5 million funding round from a group of high-profile investors to widen the adoption of its secrets management platform, which helps developers secure their applications. Alphabet Inc.’s GV fund led the round, which Doppler announced on Thursday. GV was joined in the investment by Y Combinator, Sequoia Capital and ...
Tim Wu, prominent critic of big tech, joins Biden administration
President Joe Biden today appointed Columbia University law professor Tim Wu to the National Economic Council, in a move seen as a sign that tech giants could face stronger scrutiny in Washington. Wu (pictured) is a prominent and longtime critic of the technology industry’s largest players. At the National Economic Council, he is taking on ...
Report: Instacart could file for direct listing at $50B+ valuation
Instacart Inc. may decide to go public via an unusual direct listing, Reuters reported today, and it’s believed the grocery delivery startup could debut on the stock market at a valuation north of $50 billion. The $50 billion figure is said to be the estimate of investment bankers working on the listing. A market capitalization that ...
With new features, Sumo Logic improves AWS and Kubernetes monitoring
Sumo Logic Inc. today debuted updates to its observability platform that bring new features for detecting issues in information technology infrastructure, including Amazon Web Services and Kubernetes environments. Publicly traded Sumo Logic provides a cloud-based platform that enterprises use to spot IT malfunctions such as application errors. The company has more than 2,100 clients worldwide, including ...
AWS enhances Amazon Managed Blockchain with Ethereum support
Amazon Web Services Inc. has launched an enhanced version of its Amazon Managed Blockchain service that features support for the popular Ethereum blockchain platform. Launched in 2015, Ethereum is the basis of Ether, the second most valuable cryptocurrency after Bitcoin by market capitalization. The blockchain platform features a technology known as smart contracts that makes it ...
UK launches investigation of Apple’s App Store as EU said to ready antitrust charges
The U.K.’s antitrust regulator has opened a probe to determine if Apple Inc. is imposing unfair terms of service on developers using its App Store. The move was announced this morning, only hours before reports emerged that the European Commission is preparing to press antitrust charges against Apple. The charges are said to relate to the ...
Microsoft adds new cloud instances and security features to Azure
Microsoft Corp. today added a family of memory-optimized instances to its Azure public cloud, along with new features designed to help customers manage and secure their environments. The additions were announced at the company’s virtual Ignite event. The newly added Msv2 instance family is geared toward running memory-intensive workloads such as SAP SE’s HANA in-memory ...
Revenue analytics startup Clari closes $150M in funding at $1.6B valuation
Clari Inc., a startup that helps some of the biggest names in enterprise software forecast their revenues, has closed a $150 million funding round led by Silver Lake. Announced today, the funding round follows a $60 million investment raised by the startup in 2019. Clari is now worth at $1.6 billion. Sunnyvale, California-based Clari provides ...