Maria Deutscher
Latest from Maria Deutscher
Salesforce leads $120M funding round into secure access provider Auth0
A little more than a year after joining the unicorn club, Auth0 Inc. today divulged that it has closed a $120 million late-stage round led by Salesforce.com Inc. at a $1.92 billion valuation. Bellevue, Washington-based Auth0 sells cloud services that developers rely on to let users securely log into their applications. The startup’s services automate ...
Amazon’s new ‘smart’ shopping cart uses sensors to enable cashierless stores
Amazon.com Inc. today pulled back the curtains on its latest retail technology project: a “smart shopping cart” called the Dash Cart that enables storegoers to buy groceries without waiting in a checkout line. Amazon, best known for its e-commerce marketplace, also has a $4 billion-plus brick-and-mortar division. The company is experimenting with cashierless stores that enable customers ...
Led by ex-AWS AI exec, Abacus.AI raises $13M to automate neural network creation
Abacus.AI Inc., an artificial intelligence startup led by Amazon Web Services Inc. and Google LLC veterans, today announced it has raised a $13 million funding round from a group of prominent tech industry figures. Noted venture capitalist Mike Volpi led the round. Volpi, known for his role at early Facebook Inc. investor Index Ventures, was ...
After May round, stock trading app Robinhood raises $320M more
Just two months after closing a $280 million round of funding, commission-free stock trading app Robinhood Markets Inc. today said that it has raised an additional $320 million at a $8.6 billion valuation. The Menlo Park, California-based startup didn’t name the investors that provided its latest capital injection. Robinhood’s previous raise included the participation of ...
Google launches $10B fund to invest in India
Google LLC today said that it’s forming a $10 billion fund to invest in India’s fast-growing digital economy. The move was detailed by Chief Executive Officer Sundar Pichai and other Google executives during a livestreamed virtual event. The fund, Pichai detailed, will deploy its $10 billion capital pool over the next five to seven years ...
HPE is acquiring SD-WAN provider Silver Peak for $925M
Hewlett Packard Enterprise Co. today announced plans to acquire Silver Peak Systems Inc., a provider of software-defined wide-area networking or SD-WAN products, in a transaction worth $925 million. The deal represents a significant return for Silver Peak’s investors. The Santa Clara, California-based company has raised about $176 million in funding from backers that include Greylock ...
Rackspace files for IPO, disclosing slow revenue growth and $4B in debt
Rackspace Technology Inc. today submitted the paperwork for an initial public offering, disclosing in its S-1 filing that it generated revenue of $2.4 billion last year and has nearly $4 billion worth of outstanding debt as of March. Rackspace is a managed services provider that helps enterprises build and run multicloud environments. It also operates in ...
Amazon backs $2.5B round into autonomous electric vehicle startup Rivian
Electric vehicle startup Rivian Automotive Inc. today disclosed that it has raised a $2.5 billion funding round led by T. Rowe Price Associates Inc. with participation from Amazon.com Inc. and multiple other institutional backers. The investment is Rivian’s fifth since the start of 2019. Its previous capital raises included a $700 million round last February ...
Twilio buys IoT startup Electric Imp to scale up its connected device business
Cloud communications heavyweight Twilio Inc. today announced that it has acquired Electric Imp Inc. to grow its budding “internet of things” business. San Francisco-based Twilio provides a set of application programming interfaces that underpin numerous online services ranging from Uber to Box. It originally focused on selling APIs that help developers build SMS and calling ...
To fight Windows 10 hacking, Microsoft previews Kernel Data Protection
Microsoft Corp. has detailed an upcoming Windows 10 feature that aims to thwart cyberattacks by making it impossible for hackers to edit sensitive parts of a computer’s memory. The feature is known as Kernel Data Protection, or KDP for short. Microsoft provided a technical overview of KDP in a Wednesday afternoon blog post. KDP is designed ...