Maria Deutscher
Latest from Maria Deutscher
Enterprise software giant SAP SE reported today that its revenue rose 3% during the second quarter, to 6.67 billion euros, thanks in significant measure to a 17% adjusted sales increase achieved by its cloud business. The company expects the cloud business to …
Lucata raises $11.9M to develop hardware for accelerating graph databases
Startup Lucata Corp. today announced that it has raised $11.9 million in funding to expand industry adoption of its Pathfinder hardware platform, which speeds up graph databases by allowing their code to jump between processors. Graph databases are a type of database …
Report: AT&T hoping to sell Xandr advertising technology business for $1B
Less than four years after AT&T Inc. launched its Xandr advertising technology business, the carrier is holding negotiations to sell the unit, Axios reported today. AT&T executives would reportedly consider any potential sale a success if Xandr fetches a $1 billion price …
Intel co-leads $125M funding round for AI inference chip startup Untether AI
Intel Corp.’s venture capital arm has co-led a $125 million funding round for chip startup Untether AI Inc., whose artificial intelligence processor uses an emerging approach dubbed at-memory computation to run machine learning algorithms. The other lead investor in the round, which …
Scientific programming startup Julia Computing nabs $24M as ex-Snowflake CEO joins board
Julia Computing Inc., the startup behind a specialized programming language used for tasks such as developing machine learning algorithms and simulating space missions, today announced that it has raised $24 million in funding. Dorilton Ventures led the round. The venture capital firm …
Robinhood seeks to raise up to $2.3B in IPO at potential $35B valuation
Robinhood Markets Inc. today submitted an updated version of the filing for its upcoming initial public offering that reveals the startup is seeking to raise as much as $2.3 billion from investors. The financial technology startup also shared new data about its …
US and allies blame China for series of cyberattacks
The U.S. and a group of allies today formally blamed China for multiple hacking campaigns, including a high-profile cyberattack revealed earlier this year that had targeted deployments of the Microsoft Exchange Server email platform. The group includes NATO, the European Union, Australia, …
ServiceMax to go public at $1.4B valuation by merging with blank-check company
ServiceMax Inc., whose cloud services are used by companies such as General Electric Co. to maintain industrial equipment, is set to go public at a $1.4 billion valuation. The company announced the upcoming listing late Thursday. ServiceMax will float its shares on …
Fintech provider Paytm files to raise $2.2B in one of India’s largest tech IPOs
Paytm, one of India’s largest financial technology startups, has submitted paperwork for an initial public offering that is set to raise as much as $2.2 billion. The documents were filed today with India’s market regulator by One97 Communications Ltd., the company that …
Amazon-backed autonomous vehicle startup Aurora to go public via SPAC merger
Autonomous vehicle startup Aurora Innovation Inc. today announced plans to go public through a merger with Reinvent Technology Partners Y, a blank-check company backed by LinkedIn co-founder Reid Hoffman and Zynga Inc. founder Mark Pincus. The merger is expected to net Aurora …