Maria Deutscher
Latest from Maria Deutscher
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 ...
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, ...