Maria Deutscher
Latest from Maria Deutscher
VCs bet $30B on enterprise startups in 2019, surpassing consumer tech funding
For the first time since at least 2015, venture capitalists wrote more checks to enterprise technology companies than their peers in the consumer market. That’s the main takeaway from year-end funding numbers PitchBook Data Inc. provided to Bloomberg for a report published this week. According to the market intelligence provider, enterprise startups raised a combined ...
IBM Research open-sources SysFlow to tackle cloud threats
IBM Corp.’s research division today announced the release of SysFlow, an open-source security toolkit for hunting breaches in cloud and container environments. SysFlow is designed to tackle a common problem in network protection. Modern security monitoring tools capture system activity with a high degree of granularity, often down to individual events such file changes. That’s ...
New lawsuit accuses Apple of infringing 10 patents with the Apple Watch
A new lawsuit against Apple Inc. charges that the company infringed 10 patents to develop the health monitoring features in the latest Apple Watch model. The case, first reported by Bloomberg Thursday afternoon, was filed in a federal courthouse in Santa Ana, California, by two medical technology companies. The first plaintiff, Masimo Corp., is a publicly ...
Microsoft enhances Teams to target frontline workers
Microsoft Corp. wants to grow adoption of Microsoft Teams among the more than 2 billion frontline workers worldwide who spend most of their time away from a desk. The company today debuted several new features for the messaging service that promise to ease communications among employees, as well as simplify information technology operations. The flagship addition ...
After its big bet on Periscope Data, Sisense raises $100M+ at a unicorn valuation
Business intelligence startup Sisense Inc. today said that its valuation has surpassed $1 billion thanks to a new $100 million-plus funding round led by Insight Partners. The investment follows a $80 million investment in late 2018. Sisense’s total outside funding now stands at more than $300 million when counting the capital raised by Periscope Data, a ...
Veeam to be acquired for $5B by investment firm Insight Partners
Veeam Software Inc., one of the industry’s biggest data protection providers, is being acquired by Insight Partners in a $5 billion deal announced today that’s poised to bring significant organizational changes to the company. Insight Partners said it expects to complete the transaction this quarter. The venture capital and private equity firm has been busy: On Monday ...
GrubHub reportedly mulling sale after bleak financial results
GrubHub Inc. is looking at placing itself on the auction block, according to a report in the Wall Street Journal today. Publicly traded GrubHub is a major player in the food delivery market that has over recent years come under intense competition from Uber Technologies Inc. and other rivals. That rising competition is increasingly weighing on ...
TikTok fixes vulnerabilities that made it possible to steal personal data, expose private videos
For the better part of 2019, TikTok contained vulnerabilities that could have enabled hackers to access users’ personal information, payment details and private videos. The flaws were detailed today by a group of researchers from cybersecurity provider Check Point Software Technologies Ltd. The company previously reported the issue to TikTok’s creator, China-based ByteDance Ltd., in ...
AvePoint raises $200M to ease IT governance in the Microsoft ecosystem
Application governance provider AvePoint Inc. has raised $200 million in funding from a group of investors headlined by TPG Sixth Street Partners and Goldman Sachs. The round, announced this morning, marks the company’s third infusion of outside capital to date. AvePoint has raised a total of $294 million so far. AvePoint makes tools for managing deployments of ...
Broadcom sells Symantec’s managed security business to Accenture
Broadcom Inc. is selling Symantec’s Cyber Security Services unit to consultancy Accenture plc in a deal announced today. Broadcom is a major supplier of data center chips that in 2018 launched a push into the software market. As part of the initiative, the company this past August inked a deal to acquire Symantec Corp.’s enterprise ...