Maria Deutscher
Latest from Maria Deutscher
Einride raises $110M to build autonomous freight transport vehicles
Startup Einride AB today announced that it has raised $110 million in funding to support the rollout of its autonomous freight vehicles, which have no driver cabin and promise to reduce shipping-related carbon emissions by more than 90%. The investment follows a $25 million round for the startup in late 2019. Sweden-based Einride is the ...
After $40M round, database startup Timescale moves to accelerate feature roadmap
Time-series database maker Timescale Inc. today disclosed that it has received $40 million in fresh funding from an investor group led by Redpoint Ventures. The New York-based startup said that it plans to step up product development efforts following the capital injection. Timescale is preparing to launch more than 10 enhancements to its namesake database ...
Eyeing an IPO, RPA provider Automation Anywhere appoints two new top execs
Robotic process automation provider Automation Anywhere Inc. today announced that it has appointed two industry veterans to top jobs in an apparent move toward an initial public offering of stock. The company’s appointment of two senior executives with extensive experience running public companies comes just a few weeks after its top competitor in the RPA ...
Data platform startup StarTree closes $24M round to commercialize Apache Pinot
Investors have provided StarTree Inc. with $24 million in funding to help the startup launch a commercial version of Apache Pinot, a speedy open-source data platform that can ingest millions of pieces of information per second. Pinot was developed by StarTree’s founders during their time at LinkedIn. The startup’s $24 million funding round, announced today, ...
Cyber protection provider Acronis valued at $2.5B+ after new $250M round
Acronis Inc., the maker of cybersecurity protection products that combine backup features with malware prevention technology, has secured $250 million in new funding at a valuation north of $2.5 billion. CVC Capital Partners led the round, which was announced today. Acronis is based in Switzerland and counts all the firms on the Fortune 1000 list ...
Commvault racks up another quarter of record revenue
Strong demand for Commvault Systems Inc.’s data protection software and appliances pushed its revenues to a new record last quarter, the company disclosed in its earnings report today. Commvault also topped the consensus earnings-per-share estimate. Nasdaq-listed Commvault sells data protection software that enterprises use to back up their business records and protect them from outages. ...
Market intelligence startup Crayon raises $22M to accelerate growth plans
Crayon Inc., which provides a cloud service that helps companies such as Salesforce.com Inc. spot opportunities to gain an edge over competitors, has closed a $22 million funding round by Baird Capital. The Boston-based startup said today that it will use the financing to support growth initiatives. Crayon is hoping to double its nearly 100-person ...
Google wins major cloud contract to host Vodafone’s big data and SAP workloads
Google LLC today revealed that it has signed an expansive six-year cloud contract with Vodafone Group PLC to host all the carrier’s big data and business analytics workloads, as well as its fleet of SAP applications. The carrier’s Google Cloud environment will be powered by a custom, high-capacity data processing platform dubbed Nucleus. The companies ...
Verizon’s media group to be acquired by Apollo in $5B deal
Verizon Communications Inc. has inked a $5 billion deal to sell its media group, which includes major online properties such as Yahoo Finance, to private equity firm Apollo Global Management. The sale was announced this morning. Under the terms of the transaction, Verizon is set to receive $4.25 billion in cash along with a 10% ...
Dell to sell its Boomi software business to private equity firms for $4B
Dell Technologies Inc. has announced that private equity firms Francisco Partners and TPG Capital will acquire its Boomi integration platform as a service, or iPaaS, business in a $4 billion deal. “This proposed transaction positions Boomi for its next phase of growth and is the right move for both companies, our shared customers and partners,” Dell Chief ...