Maria Deutscher
Latest from Maria Deutscher
Juniper founder’s new startup Fungible raises $200M for data processing unit
Fungible Inc., a startup developing a new kind of chip meant to make data centers more efficient, today revealed that it has raised a hefty $200 million round of funding. SoftBank Group Corp.’s Vision Fund led the round with participation from Norwest Venture Partners and Fungible’s existing backers. With this new investment, the startup’s total ...
Alphabet to fold its Chronicle security spinoff into Google Cloud
Chronicle Inc., the cybersecurity subsidiary that Alphabet Inc. formed last year, will be folded into Google Cloud. Google Cloud Chief Executive Thomas Kurian announced the move in a blog post this morning. Kurian, who came aboard last November after a 22-year career at Oracle Corp., wrote that the Chronicle team will be absorbed into his group ...
DFJ leads $80M round into AI-driven business intelligence startup Aera
Business intelligence startup Aera Technology Inc. today announced that it has raised $80 million in new funding to flesh out its vision for analytics. The Series C round was led by DFJ Growth, one of the main funds of storied venture capital firm Draper Fisher Jurvetson. NewView Capital, Georgian Partners and members of Aera’s executive ...
Samsung is reportedly developing a 6.7-inch folding smartphone
Samsung Electronics Co. Ltd. is said to be working on a new supersized foldable smartphone to succeed the Galaxy Fold. That’s according to a report in South Korean paper ET News that was picked up today by Business Insider, which also claimed the device will be based on a flip-phonelike design. Whereas the Galaxy Fold ...
Extreme Networks inks $272M deal to acquire rival Aerohive Networks
The network equipment market is experiencing some consolidation this week. Publicly-traded Extreme Networks Inc. today announced plans to acquire rival Aerohive Networks Inc. for $272 million in cash, or $4.45 per share. The price represents a respectable a 39.5% premium to the Tuesday closing price of Aerohive’s stock. Extreme competes in the same niche as Cisco Systems ...
EU launches probe into Broadcom over suspected antitrust violations
The European Union has opened an investigation to determine if Broadcom Corp. engaged in anticompetitive business practices. The European Commission, the EU’s executive branch and the body responsible for antitrust enforcement, made the probe public today. Regulators are focusing their attention on how Broadcom has been maintaining its position as the dominant maker of chips for ...
Elastic expands cybersecurity push in new version of software suite
Data search powerhouse Elastic NV is moving deeper into the cybersecurity market today with the launch of Elastic SIEM, a new product for hunting threats in enterprise networks. The offering, whose acronym stands for Security Information and Event Management, is becoming available in beta test mode as part of a new version of the company’s ...
Microsoft releases TensorWatch, a tool for visualizing and debugging AI models
A month after releasing the code for one of the core algorithms behind Bing, Microsoft Corp. today made another notable contribution to the open-source community. The company’s research division today introduced TensorWatch, an internally developed tool created to take some complexity out of artificial intelligence projects. It focuses on one aspect of the development process in ...
Qumulo debuts new flash systems, storage analytics features
Kleiner Perkins-backed storage startup Qumulo Inc. today pulled back the curtains on three new flash systems for enterprise data centers, plus software enhancements aimed at streamlining management operations. Seattle-based Qumulo describes itself as a provider of hybrid cloud file storage. The startup’s flagship product is a data management platform that enables companies to keep upwards of ...
At re:Inforce, AWS looks to simplify cloud security
Amazon Web Services Inc. is making it easier for enterprises to protect their cloud deployments from hackers. Ahead of its inaugural re:Inforce security conference in Boston today and Wednesday, AWS late Monday announced the general availability of Security Hub and Control Tower, two services that promise to simplify certain core aspects of network protection teams’ work. They’re ...