Maria Deutscher
Latest from Maria Deutscher
Information technology monitoring startup Coralogix Ltd. today announced that it has closed a $55 million funding round led by Greenfield Partners to expand product development and go-to-market activities. The investment comes a little less than a year after Coralogix’s previous $25 million …
Shares of Robinhood drop in trading debut after $2B IPO
Shares of Robinhood Markets Inc. closed down more than 8% in their trading debut on the Nasdaq today after the company raised nearly $2 billion through its initial public offering Wednesday. The investors who participated in the IPO bought 52.4 million shares …
SAP will bring more software services to Google Cloud through expanded alliance
Google LLC’s cloud business and SAP SE today announced that they’re expanding their partnership to assist enterprises with digital transformation projects in more ways. The new collaboration has two main components. First, the search giant will partner with SAP on Rise with …
OpenAI debuts new AI programming language for creating neural networks
Prominent artificial intelligence research lab OpenAI LLC today released Triton, a specialized programming language that it says will enable developers to create high-speed machine learning algorithms more easily. The first version of Triton was presented two years ago in an academic paper …
Headless CMS startup Contentful reels in $175M late-stage investment
Contentful Inc., a startup that helps enterprises manage digital content such as marketing web pages, has secured a $175 million late-stage funding round from Tiger Global, Base10 Advancement Initiative and Tidemark. Contentful said in an announcement today that the Series F round …
Search startup Algolia raises $150M at $2.25B valuation
Algolia Inc., a startup that enables companies to add an artificial intelligence-powered search bar to their websites, has closed a $150 million funding round at a valuation of $2.25 billion, four times what it was worth after its previous capital raise. Announced …
Light-based quantum chip startup PsiQuantum raises $450M late-stage funding round
PsiQuantum Inc. today said that it has nabbed a $450 million late-stage funding round led by investment firm BlackRock Inc. to finance its efforts to build a reliable quantum computer with more than a million qubits. Qubits are the quantum equivalent of …
AI startup DataRobot reaches $6.3B valuation with late-stage $300M funding round
DataRobot Inc., a startup whose software makes building artificial intelligence models easier, today said that it has raised $300 million in late-stage funding at a $6.3 billion valuation. Boston-based DataRobot is already putting the newly raised capital from the Series G round …
Splunk names database pioneer David DeWitt vice president and technical fellow
Splunk Inc. today announced that pioneering computer scientist David DeWitt is joining the company in the role of vice president and technical fellow to support software engineering efforts. DeWitt, a computer science professor at the Massachusetts Institute of Technology, is joining Splunk …
Fintech startup Solarisbank raises $224M and acquires rival
Financial technology startup Solarisbank AG today said that it has closed a $224 million funding round at a $1.65 billion valuation and announced plans to acquire a competing startup called Contis Group Ltd. The $1.65 billion valuation means Solarisbank is now valued …