Maria Deutscher
Latest from Maria Deutscher
Microsoft Corp. is upgrading its core cloud products with features that will give enterprise and public sector clients in the European Union more control over their data. The initiative, announced today, is called the EU Data Boundary for the Microsoft Cloud. Engineering …
Light-based AI chip startup Lightmatter raises $80M round backed by GV
MIT spinout Lightmatter Inc. today announced that it has raised another $80 million in funding to finance the development and commercialization of its optical artificial intelligence chips, which use photons to perform calculations. Viking Global Investors led the round. The firm was …
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 …
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. …
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 …
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 …
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 …
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 …
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 …
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 …