Maria Deutscher
Latest from Maria Deutscher
Self-driving truck startup Gatik closes $25M in fresh funding
Self-driving truck startup Gatik AI Inc. today said that it has closed a $25 million funding round to streamline the so-called “middle mile” of enterprise supply chains. The Series A round was co-led by Wittington Ventures and Innovation Endeavors, the venture capital firm co-founded by former Google Chief Executive Officer Eric Schmidt. A number of ...
Microsoft 365 specialist AvePoint to go public through $2B SPAC merger
AvePoint Inc., a maker of software products that help organizations manage their Microsoft 365 deployments, today announced plans to go public through a merger with a special purpose acquisition company. Microsoft 365 is a family of cloud services from Microsoft Corp. that includes Office 365 and other offerings. A special purpose acquisition company, or SPAC, ...
Rubrik supercharges database backups with Andes 5.3
Rubrik Inc. has introduced a new release of its cloud data protection platform that backs up databases up to 10 times faster than before in some cases, while providing better integrations with the major public clouds. Andes 5.3, announced Thursday afternoon, brings a set of broad under-the-hood performance optimizations. Rubrik says that the enhancements allow ...
Wish and Roblox release IPO filings, revealing rapid growth
Mobile e-commerce unicorn Wish, officially ContextLogic Inc., today revealed that it has more than 100 million monthly active users who helped it generate $1.7 billion in revenue during the first nine months of 2020. Wish shared the figures in a filing released today for its upcoming initial public offering. The filing was released shortly after Roblox Corp., ...
AWS’ AI tools help customers adjust to changes amid pandemic
Amazon Web Services Inc. today shared details about how a few of its customers have used Amazon Textract and other artificial intelligence offerings in its public cloud to respond to operational changes during the pandemic. Amazon Textract is a managed AI service in the AWS cloud that can extract text from documents. It’s a specialized ...
Quantum software startup Zapata Computing reels in $38M round
Zapata Computing Inc., a Harvard spinoff working to make it easier to write software for quantum computers, today disclosed that it has closed a $38 million funding round to support research and go-to-market activities. Comcast Ventures, Pitango and Prelude Ventures led the round. They were joined by more than a half-dozen others, including the venture capital ...
Facebook says upgraded AI models spot nearly 95% of hate speech it removes
Facebook Inc. removed 22.1 million pieces of hate speech content on its namesake social network in the third quarter, 94.7% of which was detected automatically by artificial intelligence models. The company shared the figures in the latest edition of its Community Standards Enforcement Report that was published today. On the occasion, it also detailed several ...
OpsRamp adds automation features to save time for IT teams
OpsRamp Inc. is rolling out a new release of its infrastructure monitoring platform that will reduce the number of person-hours required to find and fix technical issues. The update, OpsRamp Fall 2020 Release, was introduced this morning. OpsRamp Inc. is a venture-backed startup competing in a part of the enterprise software market known as AIOps. ...
IBM acquires application observability startup Instana
IBM Corp. today announced plans to acquire Instana Inc., a Chicago-based application monitoring startup that has raised more than $50 million from investors including Accel and Meritech Capital Partners. The terms of the deal were not disclosed. Instana’s namesake platform helps organizations track the health of their workloads to identify technical issues that may interfere ...
Google Cloud CEO Thomas Kurian outlines ‘open cloud’ vision
Google LLC wants to give enterprises flexibility to deploy workloads across multiple infrastructure-as-a-service platforms, and easily migrate between them when needed, as part of an “open cloud” strategy detailed today by Google Cloud Chief Executive Thomas Kurian. The search giant has been working on this strategy for a few quarters. This year, it introduced BigQuery ...