Maria Deutscher
Latest from Maria Deutscher
In big cybersecurity push, Fastly to acquire Signal Sciences for $775M
Publicly traded content delivery provider Fastly Inc. today said that it has signed a $775 million deal to acquire Signal Sciences Inc., which makes security software for protecting web services from hackers. The acquisition is a cash-and-stock transaction. Fastly will pay about $575 million in shares and $200 million in cash, as well as set ...
Facebook comes under scrutiny over handling of Kenosha Guard page
Facebook Inc. has come under scrutiny over its handling of a page associated with the self-declared militia group Kenosha Guard, which had created an event post calling on people to “take up arms” shortly before the fatal shooting of two people in the city of Kenosha, Wisconsin. Protesters took to the streets in Kenosha this week ...
SugarCRM acquires AI sales startup Node to help it challenge Salesforce
SugarCRM Inc., a Salesforce.com competitor with more than 2 million users worldwide, has acquired an artificial intelligence startup called Node Inc. to build more automation features into its platform. The deal was announced Monday. Node’s technology could help SugarCRM better match the AI automation features offered by larger rival Salesforce, whose stock jumped more than ...
US launches $1B+ push to advance quantum information sciences and AI
U.S. officials today announced a broad research initiative to invest more than $1 billion over five years in new breakthroughs in quantum information sciences and artificial intelligence. As part of the effort, 12 specialized research centers will be set up nationwide. The bulk of the program’s budget, $625 million, will go towards quantum information sciences. That ...
Google launches alpha release of Jetpack Compose to speed Android coding
Google LLC today launched the alpha release of Jetpack Compose, a development tool it has built to speed up the creation of Android apps. The search giant debuted an early preview version of Jetpack Compose last October. It’s aimed at speeding up Android development by streamlining the process of creating an app’s user interface, a ...
Iceland’s Grid lands $12M to help workers make their spreadsheets more visual
Grid, a Reykjavík, Iceland-based startup building a cloud tool for visualizing spreadsheet data, today said it has closed a $12 million funding round from prominent U.S. investors. New Enterprise Associates led the round with the participation of Slack Technologies Inc.’s Slack Fund. They were joined by BlueYard Capital, Acequia Capital and other “strategic” backers Grid ...
AI startup Verta exits stealth to commercialize open-source ModelDB project
Startup Verta Inc. launched from stealth mode today with $10 million in fresh funding and an enterprise machine learning product based on ModelDB, a popular open-source tool for managing artificial intelligence projects. ModelDB was created by Verta Chief Executive Officer Manasi Vartak (pictured) during her doctoral research at MIT. The tool enables AI teams to ...
Pure Storage aims to make hybrid arrays ‘obsolete’ with industry’s first all-QLC system
Pure Storage Inc. today announced an upgraded version of its FlashArray//C storage system based on QLC flash, a type of solid-memory that isn’t yet broadly deployed in data centers. The system is aimed at replacing traditional hybrid arrays, a widely used class of storage systems that combine flash with disk storage. Pure’s pitch is that ...
Algorithmia launches new Teams edition of its AI platform
Algorithmia Inc., a Google LLC-backed startup that helps companies build and deploy artificial intelligence models, today launched a pay-as-you-go “Teams” edition of its platform to make it more accessible for machine learning developers. The new low-cost edition could give the startup’s sales strategy a boost in a time when it faces fierce competition from other ...
IT analytics provider Sumo Logic files for IPO as it pursues $49.3B market
Less than two years after becoming a unicorn, Sumo Logic Inc. today filed for an initial public offering, revealing rapid revenue growth and a recent increase in losses as well. Redwood City, California-based Sumo Logic provides a cloud analytics platform that information technology teams use to look for infrastructure issues and cybersecurity threats. The platform’s ...