Maria Deutscher
Latest from Maria Deutscher
OpenAI reportedly raises $8.3B in funding after annualized revenue tops $13B
OpenAI has reportedly raised $8.3 billion from investors as part of a funding round that could eventually be worth up to $40 billion. Sources told the New York Times today that Dragoneer led the deal. The asset manager, which reportedly made a $2.3 billion investment, was joined by a dozen other institutional backers. The group ...
AI security startup Noma Security closes $100M funding round
Noma Security Inc., a developer of artificial intelligence security tools, has raised $100 million in funding to accelerate its engineering efforts. Evolution Equity Partners led the Series B investment with participation from Ballistic Ventures and Glilot Capital. The round’s announcement today comes less than a year after Noma’s launch. According to the company, its customer ...
Safe reels in $70M for its cyber risk analysis platform
Safe Securities Inc., a startup that helps companies evaluate the effectiveness of their cybersecurity efforts, has raised $70 million in funding. The Series C round was announced today. Avataar Ventures led the investment with participation from Asia Venture Capital, NextEquity Partners, Prosperity7 Ventures and several existing backers. Former Cisco Systems Inc. Chief Executive Officer John ...
Anaconda raises $150M+ to speed up Python-based AI projects
Developer tooling provider Anaconda Inc. today announced that it has closed a Series C funding round worth more than $150 million. Insight Partners led the investment with participation from Mubadala Capital. Bloomberg reported that Anaconda is now valued at $1.5 billion. The cash infusion comes a few weeks after the company’s annualized recurring revenue topped ...
Data center hardware startup Oxide Computer raises $100M
Oxide Computer Co., a supplier of hardware for on-premises data centers, today announced that it has raised $100 million in funding. US Innovative Technology Fund led the Series B round. It was joined by all of Oxide’s existing backers including Intel Capital. Oxide’s flagship product is a 1.15-ton data center rack called the Oxide Cloud ...
Chipmaker Ambiq Micro’s shares soar 60%+ after $96M IPO
Shares of chip provider Ambiq Micro Inc. jumped more than 60% in their trading debut on the New York Stock Exchange today. A few hours earlier, the company raised $96 million through its initial public offering. Ambiq originally planned to sell 3 million shares for $22 to $25 apiece, which would have added up to ...
Weeks after its last funding round, fintech startup Ramp raises $500M more
Ramp Business Corp., a provider of corporate credit cards and accounting software, today announced that it has raised $500 million in fresh funding. ICONIQ led the Series E-2 round with contributions from nearly two dozen other investors. Alphabet Inc.’s GV fund and Khosla Ventures were among the participants. Ramp’s total outside funding now stands at ...
Commvault shares jump 18%+ on strong quarterly results
Commvault Systems Inc. today reported fiscal first quarter earnings that topped analyst expectations across the board. The company’s shares jumped 18.2% on the results. Commvault logged $282 million in sales during the three months ended June 30, 26% more than a year earlier. The Zacks consensus estimate projected $268.7 million. Commvault generated about two thirds of ...
In huge cybersecurity deal, Palo Alto Networks acquires CyberArk for $25B
Updated with the announcement: Palo Alto Networks Inc. Wednesday announced it’s buying fellow cybersecurity provider CyberArk Software Ltd. The Wall Street Journal Tuesday cited sources as saying that the deal could be finalized as soon as this week, and Palo Alto followed with the announcement the next day. Palo Alto is paying $45 a share in ...
PayPal shares drop 7%+ despite better-than-expected earnings
Shares of PayPal Holdings Inc. dropped more than 7% today after it posted strong quarterly earnings, but underperformed across several closely watched metrics. The company generated $8.29 billion in revenue during the three months ended June 30. That represents a 5% improvement over last year. It’s also above the consensus estimate, which projected second quarter ...